This is my view of REN and it has completed 5 wave elliot wave and 3 wave retracement and about to start new wave. 1. 1D MACD is about to cross the signal line and same as when it started the elliot wave before 2. The RSI is the same level as it started before If we follow the same wave pattern as before then we are looking around 70days of growth >500%...
It looks like BNT has completed 5 elliot wave and is about to complete wave 3 retracement, which looks like will align with 1 day MACD crossing the signal line and about to start wave 1 of new elliot wave. I have just started to study these waves, so let me know what you think ? Not financial advice.
If we see a bullish continuation then we will for the right shoulder for an inverted H&S. This should get us back on track and nice timing for the start of the peak ALT season and V3 rollout.
It looks like an inverse head and shoulder and projecting to the 1.618 Fib level as well with MACD crossing over for a bullish continuation. Entertainment Purposed Only: I am not a financial adviser, please do your own due diligence and TA before following someone's idea.
It looks like BTC and all other coins are too extended from the 20wk MA and historical trends indicate we need to touch it to show continuation of the bull market. It looks like we could see another 20% drop.. which is a good thing for the bulls. I am not a financial expert and please do your due diligence and this is for entertainment purposes only.
This is based on historical tends line and using the Fib levels as then easy to plot the areas of resistance and where it will retrace. Based on this analysis then it looks like YFI will breakout to $70k and then retrace back to $50k. This is not financial advice and you are advised to do your own due diligence. Happy Trading.
Looking at the 1 day MACD and Fib level then XLM is at the resistance level with an imminent breakout predicated and based on the last 2 breakouts also happened on a Monday (coincidence) perhaps... I expect this to play out to the 618 Fib for around 120% gain.
This is just an idea based on 1day patterns since the bull run started. XLM will double in value every 30-45 days and then trade sideways, based on these waves then I see $2.50 XLM by the end of May, and it looks like a breakout could happen soon. This is just an idea and not trading or financial advice. Please do your own due diligence before trading.
BTC follows the same trading pattern going back to 2017 and you can cut and paste and repeat what is does over and over, it is very predictable. Now it has confirmed the pattern, we should expect a continuation through to $68k
This looks like it is possibly setting up for an inverse head and shoulders and if confirmed then it should form on the 8th March and take us to the resistance level of 52k and close out the weekly candle with a bullish close. Once confirmed then the head and shoulders should have enough energy and bull momentum to finally push through the $52k level.
This is pretty simple to see. Every time ADA has jumped in price the 1D candle will touch the 20 day MA and the RSI will drop to around 50. This is needed and healthy pullback and ADA is just repeating history. The charts are your friend and get ready for the next ATH.
On the 1 day candle then it looks like ADA has not been able to get a whole 1D candle above and hold above this zone. I am reading this as a resistance zone for the 1 day candle to get through and hold above. Hopefully once we clear this zone they clear to ATH
Using the weekly trends we can see that we could forecast out the current price and then using the volume as an indicator for a breakout then it is only a matter of time before we break out of the current levels and head to $1 within weeks.
I am new to TA and still learning, so would appreciate anyone else opinion if the projection looks right, but this is looking to me $4+ ?
4hr charts look good with a nice buy signal. Next resistance is $0.334 and then $0.35 and next is $0.37, lots of extension levels to break through, but this is looking good. *DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies...