Some times you look at a chart and the asset just looks too low. Look at this thing, down 95% since the last ATH. Been around since 2015 and has some of the original Bitcoin devs working on the protocol. One of the only coins that hasn't broke out; upside is huge (potentially 2,600%) This is not financial advise. DYOR.
$HBAR had an explosive start of the year; and as always. Every one has forgotten about it. This thing is currently following a fractal which preceded the Feb 2020 price explosion. If my idea plays out it looks like its going to have an interesting rest of the year. This is not financial advise. DYOR.
DJI has been going up longer than I have been alive; unless this thing breaks the laws of economics and perpetual continued growth in a finite world is possible... This this will come to a head in the next few years. However, never underestimate the FED's ability to print currency into existence. I am expecting another stimulus induced market frenzy into ATH...
XRP is actual up a few percent while the entire defi-space dies a horrible death. Comparatively speaking, this indicates to me that the longs are in almost complete control. Notice the tingle pattern that has been forming since August. Simply looking at the probability of the situation, XRP should break to the upside (still 88% below its ATH).
I circled a fractal which was present prior to the October 2019 pump...which preceded the November 2019 mega pump. Prior the the October 2019 pump we got a dip in the Advanced Decline Line (ADL); which the vertical gray lines represent that point in time graphically. I believe we are currently in a similar period now. With the top trend line perpetually converging...
Zen has been head faking a breakout that is more than due. The bottom trend line has held strong and a double bottom pattern has formed. The longer it takes to breakout, the greater the upside. THIS IS NOT FINANCIAL ADVISE; CRYPTO IS HIGHLY VOLATILE.
KMD has broken out of the (861 days) downward trend line and is currently testing support on the 4 hour chart. This thing has been coiling forever and an increase in volume has been occurring at KMD's bottom since October 2019. There is naturally some resistance points (red squares) but as momentum gets going I do not expect they will be to difficult to bust...
DXY has had a bounce since it fell out of its multi-year broadening structure. It looks as though dollar bulls have been trying to buy the dollar up on the thoughts that it is over sold. A mini triangle pattern formed due to the bulls doing their thing; but the price action fell out of that pattern and has failed to reclaim that area (twice on the 4 hour 4 chart)....
THIS IS NOT FINANCIAL ADVISE. This thing has been coining in a pretty triangle for its entire existence. It is possible for this to range for another month before we run into the end of the triangle pattern.
AS ETC continues its multi-year down trend, I am seeing signs of investors longing the bottom (notice the ever-increasing ADL... which I assume are buyers since we are at such depressed prices). Also, notice the increase in volume. The circled fractals appear similar and preceded the prior 2019 ETC price pump. The HV indicates VOL is contracting since the...
A doji has appeared on the 1 day time frame indicating an early reversal may be in the works. On the 4 hour timeframe you can also find a head and shoulders pattern has developed. RSR has also strayed significantly above from its previously established trend line. Such powerful move up would suggest an equally powerful move to the down side in due time. Watch for...
From the period of 2017 to 2018 you could see a large drop in DXY (which occur ed the same time as the crypto bull run of 2017). This caused the crypto market to increase in market cap by hundreds of percent. We are once again in one of those situations today (see the obvious broadening structure that DXY has recently fallen out of. It is my believe that as long...
Notice the double top which has formed on the chart; with a lower second top indicating buyer exhaustion. Also notice the candle stick with a long wick to the down side also indicating a potential reversal. There is the potential for this thing to drop around 40% (Its had one hell of a run!). It might over shoot on the downside past that point if the selling is...