Symmetrical triangle achieved. The setup has played out and there is no current setup I can see. Taking profits here is a great idea imo and waiting for the next setup
ETH looks like its drawing a falling wedge on declining volume like BTC. At support, we should get a bounce from here back to 4.3-4.4k. Seems like a retest of the previous high for support. See previous posts for long term perspective
BTC looks like its drawing a falling wedge on declining volume. At support, we should get a bounce from here back to 66k. Seems like a retest of the ATH as well. See previous posts for long term perspective
Over the next few weeks I am BULLISH on the SPX. We are drawing a rising broadening wedge which is overall bearish but i think we are going to touch the top of the pattern over the next few weeks/month before breaking down. We are currently making the 5th leg. 4677 is the current target before we start turning around. This shorter term upside will be good for cryptos
XLM: looks really good imo. consolidating for a move to .63-.71 out of this continuation pattern on declining volume
DECRED looks great imo. drawing a nice symmetrical triangle on declining volume AFTER sustaining support for weeks retesting the previous ATH. when we breakout, we will be gunning for 370 from here. looks really good
LTC looks like its drawing a continuation pattern on declining volume as well. target is 430 on the breakout of this triangle. I really like it too because on the bigger picture, it just looks like a continuation of the Adam and Eve pattern on the weekly
SHIBA looks like its drawing a symmetrical triangle for continuation to .00004211. Nice declining volume as well
I think ADA is looking really good right now. Its been consolidating and sustaining support at these levels for weeks. seems like we are just starting the breakout of this symmetrical triangle for continuation to 3.50 over the next few weeks/months
Very bullish on XRP. Seems we are drawing a symmetrical triangle for continuation to 2.50 on the break out. It's mirroring BTC PA as well which makes me really bullish. I have a bearish setup that I'm watching but I won't mention unless it starts breaking down
I am bullish on BTC. I redrew my trend lines since I was not expecting the pump until we touched the mid 30ks. It seems we are breaking out and will head to 90k from here. I have a bearish setup in mind but it doesn't look that good imo so I am staying with my bull bias
Though I'm bearish in the short term, i haven't changed being very bullish in the mid and long term. Decreasing volume is great. This looks like a perfect symmetrical triangle on the weekly chart for continuation to 90k when we break out
Hey guys sorry i haven't posted in a while just been really busy. We've just been consolidating in the symmetrical triangle the whole time. I haven't changed being bearish and if you've seen my big picture chart, then you'd know I've been anticipating mid 30k levels. I want us to hit 34k. If we bounce there I will flip to being extremely bullish. It will confirm...
I am short term bearish but mid and long term bullish. I am still thinking we will dump and wick to the mid 30ks to put us into extreme fear and make everyone panic before bouncing and closing above major support at 38k-39k. We will then consolidate and continue the bull market towards 6 digits for BTC