Idk, it looks nice like this. And because i should write something more not just that vague text at the top ... I'm writing this so I have enough characters, lol. Anyway. Let's see how market will develop. I mean making prediction on monthly chart is beyond technical analysis.
Basically what chart shows. Why? Well, everyone is too euphoric about everything. But we are still in recession. 2024 will be bad. DXY to 150. Why would crypto survive? 3Q 2024 let's jump on bullmarket. Am I wrong? Maybe. But this scenario makes most sense to me especially with everything I see around.
Based on a trading guide I just read - Decreasing volume + increasing-price = uptrend not supported with volume. And we can see this is happening since January. With a peak supporting uptrend ending somewhere at 42.5k. Since then volume is decreasing. I would see a resolution somewhere before May, near the end of April (which will be probably very good for...
Me Gusta. But I need to write here something more than that only. Guys what do you think, are you with me back in bull run?
Hm, Well just look at this chart. Its beyond everything 🤣🤣
At 27026.1 we can see RSI dropping down with price dropping to 26563.5$. That’s also level on the volume where it started to rise again. 27.12 is the day with higher volume where the price gets to a certain level and people started to sell because probably didn’t believe we could go higher. 3.September, the date where we get into oversold territory 11....
Nostradamus here, Let's look at this prediction. You can see there 2 lines - orange & reddish. Orange is the first part, but after crossing the reddish, we will start following that.
Shib is respecting the 21 & 50 EMA on Daily since February. Also, it's pretty much accurate on a fib. Definitely would want to see it listed on Binance (ideally somewhere above 0.00001$ and that price could act as support). Since then just HODL, enjoy SHIBASWAP and its ecosystem. So what's the strategy? 1. BUY 2. BUY MORE 3. HODL 4. ??? 5. BUY LAMBO
Since the beginning of this coin, it's only growing. What do you think?
In this uptrend, we can see volume dropping. Can this suggest a top? Or will we see another push to ~100k area? I wish for scenario two, but would be prepared for "the worst".
Can we break it? Right now we can see there's 10% till the resistance line which if we cross there is like 4 stops till the absolute top. Does it seem to be too much? Let me know what you think.