just a reference for what charts may look like before they do 10x in the next few months. Lets see how this chart plays out. The concept of 'base-ing' is very real in new altcoins... you want to see them find a bottom and then trend steadily sideways. This is where the 10x-100x gems are found on the charts. . . . lets watch this chart live to see where it ends up...
Just posting this up for future reference
Just posting this up to see where it is in the future
Just posting this up to see where it is in the future.
Posting this up just to see where it is in the future...
Posting this up to see what it looks like in the future.
Just posting this up to see where it is in the future. The combination of low mkt cap, defi, and polkadot may make this chart look more like the TSLA chart when all is said and done. Sora (XOR) is the Defi powerhouse play for polkadot.
Just posting this up to see where this is in the future.
As a trend trader I am always looking at markets that well... trend. This means that I study trending markets and parabolic runs extensively. Here is one pattern that I see time and time again. I call it the "MONEY MAKER M" it could be more realistically called the Market Maker M. Essentially on any timeframe on any chart if a porportionate series of higher highs...
Just posting this up to see where it is in the future. . .
The trendline that has rejected the bull run for 6 years in qqq was broken in the DEC 2020 rally. 2021 Has currently opened by testing this break. Any push away from this line would signal stronger (more parabolic) price action during the coming year. Even though many stocks rallied over 50-100% from their 2020 lows. The yearly gains for most were more around...
Target $4.9k to $5.3k. Approx 20-30%. The 200 week moving average on the daily chart has been support for a long time. Jan has been bearish historically. Right now Jan 6 has been flirting with the top end of the multi-month range and this may cause some restless traders to jump long and the masses are usually on the wrong side of any trade. The good news is...
This is not a turn by turn GPS, but a Roadmap of price action levels based on the Fib target zones. These zones were outlined in May 2018 where I targeted the consolidation breakdown from $3.5K to $5k. (1.86 fib to 1.27). Now that the target of that breakdown has been reached and we are consolidating at the 1.86, I have redrawn the fib extension to cover the...
Fibs are indicative of price levels. Trend lines bring time into the equation. March through August should be very interesting. Price Target is 600 to 1400 Time target is March to August This gives ample time for sideways and denial rallies in preparation for the 2020 halvening to kick off a new bull trend.
Continuing with the fractal pattern that has shown up repeatedly. A Double bottom in store and then a steady rally back to 6.8K. Used this pattern already to buy at 5780. Well let's see if this plays out again. On the Left is the current daily chart. On the right is the patter example on the 4hr. However this can be found on any time frame over the last two...
Just looking at this patern that has shown up several times on the lower time frames during this consolidation. Daily chart on the right. An example of the pattern on the 1hr time frame on the left.
Bounces and dead cats until we reach at least the 1.27 at 5k. The 1.86 at 3.5K is also possible. Should take its time getting there though.