Lines: Yellow = ATH per halving Red = Top of the second wave after ATH Blue = First bottom after ATH We are currently in the descending triangle (purple) but we do appear to peak above the previous ATH at the moment. I don't think the bulls are back and it's time to ride this rollercoaster to 100k. If we stay above the previous ATH, I think it's much more...
Lots of things happening in on the daily chart. 1.Triangle breakout The chart shows a clear breakout out of the traingle and the price moved as with most breakouts. Breakout, followed by a dip towards the top of the triangle (not completely but still at 0.88 hit) before the (hopefully) big blow to the upside. 2.Resistance/Support flip. It broke out above the...
BTC bouncing perfectly between the resistance and the support ascending trendline that started in 2015. (The price only dropped below the trendline in March 2020 (COVID)) War is never good but this might give the incentive to use the decentralized currency. Thoughts?
We had a bullish breakout out of the triangle and now we are about to hit the top it. Usually this is followed by a strong bounce. Strong enough to make a sprint towards 0.20? $XRD
In my last TA (see my profile, cant share links yet) you can see it playing out as predicted but now we have reached our previous ATH. It's quite possible for the price to drop and confirm the 0.133 price as new support but looking at the market overall, it could just keep going and who knows where we will end up then. Personally, im long-term holding (e)XRD and...
Accumulating giant XLM seems to be ready soon for another bump.
Following the rising cone trend since 04-2020 makes it look like 10k is just around the corner.
Don't forget people, we've been in an upper trend since April this year. ETH can easily hit 2k and still hold this bullish trend.
Just hit the trendline. Up or down we go?
So this is my trend chart. I keep adding trends that I see and try to play off that. What do you guys think the next move is gonna be?
So there have been some decent dumps lately, but will we break this ascending channel that has been going on since october 2020? Im still bullish until we break down. If we do, 40k is just around the corner Let me know what you think?
We've all seen the 1h, 4h and 1D triangle and I agree. It looks pretty bullish but don't forget to zoom out once in a while. If you look at the Weekly and Monthly you will see that we are at the top of the channel with enough room to go down. Will it go higher by new year, or down? Share your thoughts
So the ascending channel still holds but im bearish IF we close below the 50MA. We can see that before, the price dipped a few times below the 50MA before falling through it and dipping below 100MA. Now we dipped a few times below the 100MA while holding it low and that just gives me bearish vibes. If we manage to produce a green candle while bouncing of the 50MA...
By all means i'm not a TA specialist, hell im not even een TA noob but I call it as i see it and I wonder what your opinion on this is. Anyway, looking at this 4h chart we are still clearly in the ascending channel with enough room to go ~12,7k as of this moment. We have bumped for the third time against the mid section of this channel and i expect us to get...