25,000% pumps in a bullrun seem to be the magic number for Altcoins. If it turns out the top's in, you want to be buying Solana at ~$55 and again at ~$15.
The Chart speaks for itself. Essentially you're looking at a Fractal of 2017 bullrun against the 2020/2021 Bullrun. The pace of the 2021 parabola is twice as fast as the 2017. Is this likely change? I don't think so. I think in the coming months we will continue to see Large Corporations buying and holding Bitcoin along with Hedge Funds and other institutions...
Up against HTF resistance on the hunt for liquidity resting at ~9938
Anyone else feel a bit nauseous when they see this? $AMZN 1999-2010 vs $BTC 2017-2021 Just for the record, I'm not Macro bearish, but this fractal makes me 🤮 a little.
The 2018 BTC Bear Market is littered with these Meme triangles. Despite many CT accounts suggesting they're bullish formations, 75% of them are 'Continuation patterns' See well known educational websites. The current Triangle we're trading in is arguably a 'Descending Triangle' which is bearish. Previous formations in this bear market have resolved with a...
BTC: A Macro View in the search for Trend Reversal. Using some Fractals, Trendlines, MAs, RSI, Stormgewehr Divergences and a little @officialmcafee & Hopium! This is not yet another BTC to $1m post, however, it's easy to see why people believe BTC may eventually reach ~$1m - As per the Key, the white line is the 'McAfee / Hopium' Line. There is as much chance...
This chart shows the Bitcoin trend on Bitstamp from 2013 through 2017 in Log scale using Fibonacci Channels. The price points for the channels are 2013 low, 2013 High and a 2017 low point that creates the bottom of the 0 - 0.236 channel. These channels show clear support and resistance as the price moves between channels throughout the 4 years of trading data...
XLM continues it's retracement after the mild leg 5 pump. Volume was just not there to get it to the same heights as leg 3. Mainly due to BTC bullrun. The tables will turn soon enough. Possible bounce area in the red box, targets in the green box. Let's see how it plays out. #DYOR
Looking like BLK has been retracing along the A leg of ABC. Forming a nice looking symmetrical triangle and gaining some support on the lower trendline. If that bounces successfully in to B Leg, hopefully continue down the C and then a possible breakout and bounce areas. LONG way to go!!
First chart! Here we go... $MTL continuing on it's recent upward trend in leg 2 in the wider channel. In a closer TF on it's 5th leg with a first target before ABC correction is 0.00280000. ABC correction on this TF completes leg 2, looking to buy back in at 0.00250000 with a close of leg 3 target at 0.00350000.