On this hourly chart you can see the price action on $1INCH against $BTC broke out yesterday and retested the top extension of the cup. currently trying to make it's way to the 1.382FIB but almost overbought on the RSI. Measured move has targeting 7,3 price level which could take a few weeks if we don't get another dip in $BTC (Last dip in grey because it didn't...
OK, so this is more of a note-to-self of what might be coming up with $BTC. The idea consists of Parabolic Curve Theory applied to Bitcoins apparent 3 tier escalading price action. The simplified red wave displays $BTCs escalade and current 3-point touch of the curve as we now await a drop to $54K (CME gap fill) which would forcefully consist in the consolidation...
$AAVE running out of room in this symmetrical triangle pattern. Movement with volume and alignment of 4EMAs could produce a bullish breakout with probable pullback or rebound off .318 FIB If there is trend continuation the measured move could be around 28%
This is a clear example of a bearish divergence on Ethereum $ETH against USDT pair. I took the 12-hour chart to exemplify the closest to reality what we could have done to spot an upcoming dip using the RSI oscillator vs price action to forecast a strong dip in price. First of all watch the X marking a higher high around the 7th of January on the RSI and then a...
This 4d 8h wide Cup and Handle pattern broke out from the top at 80sats. for a measured move that could yield 17% in theory putting it close to the 100sat. level.
Price action has broken out as of April 5th with a pullback and retest of the bull flags upper trend line. At the moment price action is trading in the area of value where price has ranged for the most part since end of march. The area of value between 0,0726 and 0,0756 will require a move with volume to be broken as $SKL hasn't yet been able to leave the box....
March 16th price action of $1INCH broke out with volume after a month of trading within its trendlines. At the moment bouncing off of previous Higher High on 5.75 with overbought RSI and bullish MACD upslope and with volume. These last indicators presume possible visit to the .5 FIB and probable Dow Theory Retracement for half of the previous movement.
Here we see a first zoom out on the 1D chart for Genesis Visions' coin $GVT against $BTC pair. This idea involves the closing of the rising parabola of a rounded bottom approximately 230 bars wide and with a 90% initial yield from the bottom to the top. 69% yield left as price action continues to hug the curve. Approximately 11 days left for the closing of this...