Looking at the daily the MACD has crossed and we normally see a 20% or more drop!
Playing around with trend lines also match up with these fractals. Could this really be in play ?
Looking at death cross and time to bottom and using fractals and trend lines... then it looks like BTC is converging on 2/22/22 for the next bottom and then possible pivot point to start heading towards a new ATH... This is just an idea and lets see how it plays out!
I just noticed this that BTC correlates to the S&P. You can almost long / short based on S&P.
Like all of crypto... Algo has had a massive wave 4 pullback as the market was over extended, but as we look at the charts we can see that the STOCH RSI on the weekly is as low as it can go and basically on the floor. If BTC can start to recover in the coming weeks and get above $42k then we should see an ALT rally in July and Aug and this should lead us through...
On the daily candle came down and touched the 20/50 EMA which is golden as every time VET has done this, it has bounced off for continuation. This was the move I have been waiting for before placing a buy order. I also see a bull pennant for VET and it could trade sideways for 1-2wks before breaking out. But overall it is looking good and next major price point...
It looks like both the total and total 2 are coming to the top of a channel and will either break-out or we can expect to see a drop... it is a bull market so I am hoping we see continuation and will need BTC and ETH both to help drive the market on..
It looks like we are in the 2nd Elliot wave cycle for BCH and we have a path to $4k, it looks pretty straightforward to me and hits resistance levels at the 618 Fib levels which match previously resistance levels. Overall I dont see anything hold BCH back. Note financial advice...
It looks like it is about to enter wave 5 and if wave 1 and 5 are the same, then it takes the price perfectly to the Fib 2.618 and $52 for middle of June... also using smartMCDX, then we can see some institutional smart money has started to flow into QTUM... Note: not financial advice.
It looks like it is about to enter wave 5 and if wave 1 and 5 are the same, then it takes the price perfectly to the Fib 2.618 and $52 for middle of June... also using smartMCDX, then we can see some institutional smart money has started to flow into QTUM... Note: not financial advice.
Using wave 1 and wave 3 angle and channel formation, and then overlay wave 1 to wave 5 takes us perfectly to the 2.618 Fib level and $54 Target for HNT and if it follows this channel and angle, then HNT should be breaking out soon.. Not financial advice. Please do your own due diligence before buying. Entertainment Purposes Only.
On the weekly charts it has come back and touched the EMA20 and it looks like it has complete wave 1 and wave 2 and has been consolidating for almost 3 months and we could see it enter wave 3 based on market conditions. Not financial advice and I am not a financial advisor. Please do your own due diligence before taking advice from someone.
It looks like that the market pullback paused a CHZ breakout for wave 5. Now it looks it is being lined up again with a STOCH RSI and MACD crossover on the 1 day view. Based on previous wave % gains... then I would be surprised if we did not see ~500% from current levels. Note: I am not a financial advisor, this is not financial advice. Please do your own TA and...
The 1D RSI is overbought on total 2 and looks like it needs to reset and I suspect we need to come down and touch the 20 day EMA as it acts as support and this is 10-20% retracement. This is bullish for the market and also needed for us to go higher. Note: not financial advice. Let me know what you think of this idea ?
Looks to me we have a cup and handle formation as it retraces and find Fib support levels. If confirmed it should bounce off the Fib support and breakout. This is just my opinion and not trading advice.
Similar to the triple bottom forming on the total market cap, then VET is forming double bottom in my opinion.
It looks like we could be forming a triple bottom, let me know what you think?
This is a follow up to the idea I previously posted. Looks like the handle formation is almost complete and this will give it enough energy to run through to the 1.618 Fib Level and $15.4x levels. Entertainment Purposes Only. Not Financial Advice!