We have successfully completed an IHS on a lower time frame (see my other chart) Now we seem to have the beginnings of what could be another IHS on a higher time-frame? Another scary pump of Bitcoin dominance incoming? Interesting, let's see (the chart is inverted)
Now I understand the true definition of a dino coin.... made with an ETH USDT chart
The proper downtrend has been grindingly reversed, we can expect an upward trend here, all RSIs show ETH as oversold, nice confluence of support lines and the prior descending channel's higher boundary established as support
what if this is a giant head and shoulders? that would be max pain and max fear for ethereans it would also break a medium term bullish structure for ETH ETH heads better pray this does not happen....
Our previous bearish trade on TAO has successfully reached its targets (analysis here) The way selling candles cut through the box like warm butter indicates there is more downside to go 400 dollars target is on the horizon again 400 dollars is the major support level that has held twice It needs to hold again, and ideally not be tested again if it doesn't...
That thing is too long for a bull flag now and therefore a bearish scenario is forming (medium confidence) support lines are complicated therefore a box with its higher and lower levels of interest marked in white lines mild bearish shows us visiting 480s levels mid bearish maybe around 440s levels good places to grab some cheap TAO as Long term scenario we...
Like most other charts, a massive dump followed by a downward channel expected scenario is here Yellow line MUST work as bottom and lead to a V shape recovery if it doesn't we can go much lower as medium term bullish structure will be definitively broken. Let's hope the support holds
We still look okay, not bearish, but looks like more sideways Trump pump incoming afterwards?
And back into the box she goes (as per HTF analysis posted earlier on my account (big blue line still visible): The good thing is the box acts as strong demand area The bad thing is -- at least short term more pain and blood from SOL holders is demanded by the markets Pray that the box holds though... if it doesn't... bad times (low probability though IMO)
Looks like a descending channel following a strong prior dump Bleed down some more and another leg down seems plausible
don't like this chart seems like another short leg down is due NOT trading this, just an idea for fun for me these are good HTF levels to accumulate ETH, but you never know where market manipulators might drive the market for more blood and money good luck
Attempt to reverse downtrend failed KAIA on downward movement again 17 cents range likely next target where we reassess
next levels to hold for others3: 965 would be good to hold here (given how violent the leg down has been, seems unlikely to hold) if not, more alts bloodbath and we go down to 905 (seems like most likely scenario) 905 must hold or else there is no altseason and bullmarket is over (extremely unlikely)
as per title, on the short term timeframe BTC.D should go higher where next we reassess when reach it
it has broken down from its second parallel (upward) channel and seems to be forming another downward channel for the forseeable future not so bullish for OLAS
Clean breakout and retest for SYS with a bottoming pattern indicating parabolic growth. Next major target is around 2024 highs, which is still approx 3x away from current prices Looking juicy, entering the trade Let's see
Don't like this established upward trend having been broken and seems to be bearishly retested for StR KMNO sitting on a key support right now if it goes below that support, it is likely to keep dumping for a while against SOL low to medium degree confidence
SOL looks toppy, seems to have lost steam with retaking ATH and will need one more round of reaccumulation, which seems to have multiple convergences around the red box area. From there it is likely to rip to ATH and into price discovery.