As you see here I have highlighted previous areas where we have dipped to .29 which was followed by a nice bull reversal. What we should continue too look for moving forward is a dip too the resistance, followed by momentum loss for the bearish trend followed by a engulfing green candle to get the reversal initiated. *Not Financial Advice
As you see here I expect us to dip back to $1, now once we hit that point we need to look for 2 things First we need to see if we'll do a Touch & Go at $1 or if we will break that resistance leading to the .90 range. If Bitcoin picks back up leading into the week we may break the $1.10 resistance and be on our way towards $1.50 by next weekend. *Not Financial Advice
As you see here we just touched the lower band right here at the end of this wedge patter. Below I placed a Blue box so we can monitor the Volume which will play a huge roll in the price as we head closer to the weekend. I do believe we will break out of the top of the wedge, get a retest then a nice bull push. I will continue to monitor as we move into tomorrow...
The market is green right now, we may see a nice push up too $1.50 if this momentum continues and the Volume picks up. There is a bunch of Positive news around Algorand right now, more and more projects and integration into Cities and Businesses every single day. *Not Financial Advice
If we reach .29 we may get a quick spike back above .30 as a retest then a sell-off. Or we may see a spike in Volume with a bullish push followed by a retest, then the big breakout may happen leading into next week. *Not Financial Advice
As you see were towards the end of this wedge pattern, just touched the lower resistance which should give us nice momentum to test the upper resistance. If we do break the top resistance we need to pay attention for a retest then get confirmation of a reversal into a bull trend, let's make sure this is not a fake breakout. *Not Financial Advice
BitTorrent just touched the lower band followed by a green candlestick, once we get a green engulfing candlestick we may see a nice push up too .0037 next. Once the Volume picks up we may be able to break out of this wedge pattern & get on a bull run. We need to be cautious of a sell off if BTC continues to move down up until the weekend. *Not Financial Advice
The Orange box indicates a Breakout from the Wedge with a retest which is what we are currently in. The Pink box is indicating the bearish momentum loss which means we should get a Green engulfing candlestick next indicating a bullish move. This could very well be the beginning of a nice bull push through the week leading into the weekend, also we need to watch...
As you see we got a HUGE increase in Volume as well as Touched the bottom resistance. This would be a very ideal Swing Trade for me, let's see if we can continue this movement and reach the top resistance and potentially break through. *Not Financial Advice
As you see we just touched the lower band followed by an engulfing green candlestick which is a great sign for a bull push towards the top of this wedge pattern. We'll need to see the Volume pick up if were expecting to break out of this wedge & get on a Bullish Run. If BTC continues to dip over the next 24 hours then we may not break through the top resistance,...
We just did a Touch & Go off the bottom band as well as the bottom resistance now we should see a push too the top resistance, we need to really pay attention to what plays out once we hit the middle band. Still a opportunity to touch the middle band and dip back down to the lower resistance. If were able to get an Increase in Volume we could potentially break...
As you see here, this is a solid Buying Opportunity for a Swing Trade. We just touched the bottom band in the Bollinger Band Indicator, which as you see it leads too a bull push. If we get a green engulfing candlestick, followed by another this may play out very well. Let's pay attention to when we hit the middle band because we may head back down to where we are...
Doge needs the Volume to pick up so we can reach .34 moving through the morning. (Eastern Time)