I've identified a significant descending trendline that has been acting as a robust resistance level over the long term. This line is the upper boundary of a trading channel that has encapsulated ETH's price movements for several periods now. Simultaneously, the lower trendline of this channel has been consistently supporting the price, suggesting a strong bullish...
Chart is self explanatory. Price is currently in a channel and may fall to around 24k / 25k before reversing back to my target of the 35k range.
Chart is pretty self explanatory, but as you can see, price broke above the downward trends resistance (red line), before reversing and using it as support. This is one of many signs of a reversal. We are currently testing new resistance (blue line), but given the momentum and breaking the downward terns, we should have enough buying to break above the current...
Chart is self explanatory. Price has historically taken off months after each halving
Chart is self explanatory. I can see a low of around 13k - 15k with the next top around 120k - 150k. This sell-off took many people by surprise. This is mostly due to the federal reserve and monetary policies, but don't panic.
Chart is self explanatory. If we don't reverse here, I can see it dipping to roughly $60 give or take.
Follow-up chart to my previous post. Seems as if I was correct about the bottom, so if it holds here and breaks above the 53k range, I can easily see it hitting roughly 70k. Granted, other factors including the projected interest rate hikes could alter this forecast.
Chart is self explanatory. If you cant read it, you're SOL
Reverse H&S is forming, which is a pretty good indication of a reversal, along with the beginning of bullish divergence on the RSI.
Chart is self explanatory. If you cant read it, you're SOL
Hope you didn't have weak hands and sell... Because we are clearly forming a linear regression channel and sitting on some well established support. BTFD
Typically I do not recommend buying any crypto other than Bitcoin and Ethereum, but after due diligence, I am slowly becoming a fan of DOT. Polkadot offers cross-chain interoperability which allows various blockchains to share data and communicate with one another, all in a trustless manor. Polkadot connects all blockchains via its relay chain, parachains and...
Chart is self explanatory
The past few days have been wild for ETH climbing from sub 3k to 3500 in hours. In my opinion, this is not sustainable and a correction is due. We are obviously in a bull market, so if you do decide to short, please mitigate risk properly.
Innovative Industrial Properties (IIPR) is primed to BTFD. I have a $220 target and could see upwards of $250 in the near to mid future. They're my "pick and shovels" play in the Devils lettuce industry. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has been consistent and their debt to asset ratio is gnarly af. No need to thank me nerds...