the EMA and SMA 20 on the hourly are crossing above the 50 and 100 EMA and SMA. predicting a slight pullback to complete the wave then a breakout of the bull flag to create a new flag post to the upside. Target 0.048. Timeframe: next 1-3 days granted BTC doesn't fall apart. Pullback may drop as low as 0.0185-0.0225 as market depth is very even ATM.
entry and exit for today's next wave. entry somewhere around 0.02-0.022. Exit around 0.0275-0.03
based on the FIB, the MACD, and the RSI in wayyy overbought territory, that's 3 indicators that we are due for a correction. Thats confluence.
currently the 0.5 holding. If this doesn't hold, wait and see if it bounces or falls through the 0.618 as a fall through this level would indicate that there is nothing stopping the price from dropping down to 0.012 which would be a HUGE retracement and I believe after that it is off to the races again with not as much insanity.
I see a bull flag forming here. Once we break the pattern, it is likely we will create a new flagpole with another huge 50% moonshot in a small frame of time. Be ready! Also I see this diving down to 0.02-0.0225 before recovering so DO NOT buy in now at almost 3 cents.
should find support at the 0.5 fib from this parabolic start, bounce up, find some resistance, then the bull sentiment and lower RSI will push it through to our annual high near 8400 or even higher.
trend line says to test 250-260 billion while FIB says to retest 220B. What say you?
we see golden cross on the weekly chart of the 20EMA and the 200SMA
what does this mean? could be bullish in terms of all Ema's lining up in correct formation for a straight shot upwards
Here is what I believe will happen with MATIC after its parabolic run of 1200% growth. MATIC has thus far stopped at each fib retracement and is now breaking the 0.5 and should find support as sell volume is slowing down. Support will likely be at or a few percent above the golden 0.618 fibonacci somewhere between 0.0205 and 0.018.
just a thought and assumption based upon the RSI in divergence as well as the FIB for support levels.
IF this plays out as a head and shoulders pattern, the breaking of the neckline along with the 0.5 fib could take us back to the 0.618 fibonacci. this drops us to 0.023 give or take. if support at the 0.5 fib holds and we get a bounce or rise above the 0.382 I believe we make a new ATH over 0.045 within 12-36 hours. If not, sell what you have and enter in a new...
as we can see, the stock and reg RSI is showing divergence to the chart. We should see a drop to our .236 FIB around 238$... Buy around 238.5$ before the bounce to catch the bottom
still holding the support line drawn yesterday and passing 0.04$ now. Will see resistance at previous high of 0.045 and before the psychological of 0.05 Looking good. Set stop loss at the 78.6% (1st fib retracement) Fib was taken from market bottom a couple weeks back to ATH of 0.045
next take profit will start at 0.045 the ATH from last night and extend to 0.49 just below the psychological level of 0.05 As you can see we have ever so slightly dipped for a short period below the 0.236 but quickly bounced back to hold support above 0.037. Setting stop limits at the next fib. Fib measurements taken from bottom of parabola that started 3 days ago.
this is only the beginning folks! I see this coin going a total of 100-1000X as it is a unique and amazing project worthy of a top 10 market cap! Long for 1$ per coin extrapolates to 35X gains from here!
looking for a second bull flag just like the one we saw today after a healthy retracement and support found at the 0.236 FIB from the start of this parabola a couple days back. target zone for take profit between 0.036 and 0.038 with profit zone extrapolated up 0.236 from current price. resistance will be seen at 0.034 as we near our ATH of 0.035... After 0.035 is...
as you can see we bounced off of the 0.5 fib and are working towards overhead at the 0.38 and 0.236 before profit taking at 0.034$-0.036$. fib is based on uptrend start today to ATH of 0.035$ earlier this morning. re entry target around 0.032