Jimmy205
All this is, is a longer crypto season. Same exact fib values representing supports and resistance on the way to the main 1.462 fib level. Give bitcoin within the next 9-12 months to over 4x. We are only 80% of the way through this cycle, the next 9-12 months are where we go up fast. 165k -175k is my next target.... ( we're also bouncing off this RSI support...
- retracement off XA went to 0.168 - retracement off AB went to 0.618 - now the current price target is the 0.618 fib level drawn from CD leg. - bullish RSI divergence 60% squeeze coming in next few weeks...
Uber is looking like it could double up over the next year back to its ath. The previous cup had finished and burst out without forming any immediate handle, now we’ve had the slight market correction, it’s retraced back to the typical handle fib levels suggesting a breakout of this downwards channel ( handle) is soon.
Beyond meat has had a strong resistance level since the news of the Pepsi partnership last year. At no point since has it broken out of the trend line, breaking out would mean we’d see incredible short term gains. I target the 0.5 and 0.618 fib levels as last time in the March 2020 dip, a similar pattern had occurred.
GoPro's bowl chart suggests it'll get to the 2 fib level, which correlates to its alt at $100
We look left, we see the exact same set-up going from 2019-2020; a slowly declining share price, with increasing bullish divergence. In 2020, the breakout led to a target price within the golden pocket at at 135 from 71, a 90% increase. Now we have potential for a 100-130% share price increase to meet the golden pocket.
Beyond has hit a support level set by IPO price and Covid dip in March 2020. It has also hit the lower declining wedge level suggesting a reversal soon
CRSP has hit a major support level for the 4th time since IPO.
200K+ by the end of the year. Chart speaks for itself.
Potential cup and handle on SNOW, has retraced to the golden pocket area. A break through this pocket would invalidate the trade and would create a PT of $185
Three fib Pt levels. Chart says it all... Descending wedge
I am hoping that eth has a three drives pattern, suggesting its yet to do its third drive which would roughly have the same distance and gradient of the previous two drives, hence the 6k PT. - This is very promising as we see the MACD having a positive reversal and recent history tells us this is bullish. - Within the three drives channel, the most recent...
5400 PT Lowest RSI since march dip 2020 Chart should speak for itself
- I have extrapolated the 26 EMA on the daily as this has proven to be a great support and now resistance level. Breaking above this level would be a super bullish movement. - the Fib golden pocket support level has been touched - the 1 year RSI is touching the 30% level. - Potentially a nice looking bowl but we can't confirm until we see around 2 bounces on...
BYND has touched its absolute support derived from two other previous lows and two previous highs, forming a symmetrical triangle. I have this chart in GBP for reasons i'm not going to explain. But BYND has the potential to get to £140 within next 6-8months IMO. This would direct it right ot the 0.786 fib level.
Digital ocean has hit a crucial support. With a h&s pattern formed in the last two weeks of Feb, it broke the neck-line Yesterday and has since hit its h&s pt of $71.50. - This is also a crucial support level of a channel which was created throughout the first couple if quarters since IPO. - The 6 month RSI has also re-entered its buy zone below 30% - MACD...
Just broken out of its wedge and is now on track to breaking its resistance level around $10. - A break of this resistance will be fairly substantial as oatly begins its first major breakout. - There is a gap to fill around $11.20 which does require us to break the strong resistance. Onwards and upwards, wishing you all the new year the this trading year. See...
Tesla is currently in the middle of forming a bullish descending channel which typically consists of three bounces off the top resistance level ( 3rd bounce is yet to be played out but should within next week ), and the should come back to a third bounce off the support. This is called the three drives pattern ( bullish ). TSLA has a small gap to close at $840...