The next major resistance and possible target for Bitcoin is in that retangle at around/close to 57k - Top of the channel - 61% Fibo - High volume area -Possible right shoulder of HS We need a bullish pivot above that area for continuing higher, otherwise...back to 40k or even lower
Here is a long channel that Cardano has been respecting for a long time. We are sitting on it right now. Just saying :)
Will Bitcoin Repeat 2018s Descending Triangle in a Lower Scale? We have some confluence there. 0.38% Fibo correction, which would be a good thing, another fibo level from the ascending channel and the VWAP from covid's low. All meeting at about 22k What do you think?
We have here an ascending channel and a descending channel and Bitcoin is currenctly testing the lows of both. I expect a bounce from here. If it closes bellow these trendlines, oh God... This is not a financial advice...
Recently, the price has been inside a channel that been well respected in a remote past. A breakout bellow the LTL can take BTC back to 30k's
In my opinion, and with stimulus checks, $100 usd Polkadot can be possible this month or next. This is not a financial advice. Make your analysis and decide for yourself ;)
This is my prediction, ADA at 3usd by the end of march, 7usd by august and then one year of sideways. Just based on the uptrend channel, fibonacci and my will u_u The upper trendline of our channel is just a projection. This is not a financial advice, this is only for entertainment.
DIvergence and Bearish Rising Wedge *This is not a financial advice*
Pay attention to these levels in the rectangle. Good levels to go long based on Fibonacci retracement.
Time to change ADA for ETH in the short term?
What if SP500 tops at the fibo extension (4100) from 2016 to 2020, which is in confluence with the upper trend line and from there it sinks to 1500? 1500 is the fibo extension from low to high 2020-2021 supposing it will top at 4100. Fibo extension 1.61 is exactly the the top of 2008. Do you think that will happen or the market will ignore the financial crisis and...
ETH is currently holding above 50% line of this uptrend channel and could hit the first fibo extension from 2018's high/low.
Will it breakout or be rejected?
There are a lot of bad news going on and we see the SPX ignoring it ( It isn't a good signal). We are close to the upper trend line of our bear channel. TDI bands are tightening, which means we can expect a huge and fast movement next. We also can see a bearish divergence. WATCH OUT!
Read the chart, Like and comment if you agree.
Só uma teoria, um repique até os 88 mil pontos formando um Ombro Cabeça Ombro seguido de uma queda até os 56 mil pontos.
Pode ser um suporte mas podemos ver o IBOV visitando o Fibo 1.61 no gráfico. Uma queda de mais 23%, Equivalente ao IBOV visitando os 68 mil pontos.
Fibo 50% will be near 200 EMA which will be near a bigger support zone. Lots of confluence there, plus Corona Virus and Bernie Sanders risk of destroying the economy. What do you think?