Not financial advice. Explained on chart . Pretty simple we are oversold on RSI and it's time for a pullback As you can see from my last idea .80c is the key number to hold long term to get a first target of 2.39 applying fib extension. That move won't happen overnight so these mini corrections in between is what we need. Saying that I'd like to rebuy between...
Not financial advice. Stay above .80c we start wave 5 with a 3.00 plus target. Of course all this contingent on overall market sentiment
Not financial advice Currently trading below 760B the high of 2018 I'd think we may make one more reclaim of that level before we start to trend down over the next 3-6 months to targets of 499B and as low as 430B DYOR Like and follow PIK Patience is Key TLAW Think Like a Whale
Not financial advice Of note this is a weekly chart so be looking at a 3-6 month window for these targets. This is a weekly chart but pretty clear explanation that we have to get past 1.09 weekly close to invalidate this play Target .20c RSI crossed down but curving back up to resistance of trendline on Stoch Rsi which is circled. Therefore I see 1.09 being Max...
Not financial advice Chart and entries highlighted.. Currently in descending triangle pattern (a 91% gain box) that has a endpoint of .30c with a capitulation area of around .26-.27c level. Entries between .26c-.31c for a take profit of .67c a 100%+ gain.... Now of note. If we lose the .27c level we have a target of .02-.03c ( subtract the 91% from the .30c area...
Not financial advice. I'm a huge fan of this protocol It's like ATOM on Steroids. Please compare Marketcap of these 2 projects and it can be easily seen how when the markets turn around this is one you want in your portfolio. But under current conditions. We must double bottom here I believe at .41-.42c and if that level doesn't hold I'd look for .30-.33...
Not financial advice Short to .17c then long We are in a clear wave 2 correction on the weekly for DYP. Looking at the Fisher you can see we recognized the high of .58c and it has now crossed down. I drew a triangle indicator of ideally we we would like to see entry according to Fisher technical. On this theory we must hold .17c this would represent the trendline...
Not financial advice Personally I won't make an entry until I see immediate resistance of .23c taken out and acts as support. My current orders are set at .06-.13c This is daily chart that runs all the way to march. Have lower high setup. We have a bullish divergence on the RSI. We could potentially get one more push here up to the .225-.23c level before the crash...
Not financial advice. Big Breakout on Fisher but oversold on Stoch RSI currently. I looked throughout the whole history on the chart to recognize how the Fisher reacted in the 1970's with a 6.89 Fisher top touching multiple times. The recent top was 6.25 Fisher reading. So this chart signifies what I saw. Saying that Breakout on Fisher This is the life of...
Not financial advice. Like and follow I will say short but I'm super bullish long term. I believe this token has potential to hit 3.00-5.00 and as high as 10.00 when bullish conditions come back. I tried to explain as best as I could. But .14c is the key entry area but also the key area to hold. We have a Huge Hidden Bullish Divergence on the Stoch Rsi with an...
Not financial advice. Looks like we finding support here between 102-104 This area must hold for a run at 109 Happy trading Patience always pays off #PIK Patience is Key #TLAW Think Like A Whale
Not financial advice The 2 indicators here on the weekly show on the stoch rsi and also on the Fisher the BTC Dominance is overheated and needs a retrace roughly to back to around the 40% level That should be the last pullback before it takes off to go after a 46-48% market share Alts could have a little room to move here in January. Break thru the 42.4% range...
Not financial advice. This is a weekly chart so it's not overnight but more like 3-6 months in total. Patience will pay off Essentially we have lost the 2018 top marketcap for BTC. And the next support is 246B This would be the target I'd aim for . Also lines up with analysis of total marketcap coming back to 500 Billion which I will share and also lines up with...
Not financial advice. One more bounce to touch bottom of triangle at 10.88 possibly before sinking again to target range. Pretty straightforward We have these triangles that we lose from when SOL hits a new low. I highlighted the one we lost then we tanked to 10.88 and then I highlighted the one we just lost at 10.88 and now that acts as resistance The bottom of...
Not financial advice. The sinking ship theory This was a chart and a theory I been having for awhile with me and the team and haven't shared it publicly yet. You can see from where I have areas marked where it broke out of the trendline from 69k but the current in the water was to strong and pulled it back down to this 15400 range and we are in the 2nd steam...
Not financial advice Reasons supporting the drop We have a death cross of 20ma has crossed down under 200 ma on the weekly Currently trading under 200 week MA No. 2- Notice all the green bars that need filled in to the left and also volume profile needs filled in as well. No.3 Overall sentiment in risk on assets is weak and until we have a pivot price...
Not financial advice. Moving forward 27.50 must hold and would be my first entry We lose 27.50 I'd spread a web of orders between 12-20.00 and hold for long term. So we have 2 concerning issues with EGLD here. First off you can see the head and shoulders monthly rejection that was a 83% difference from baseline to top of head. Applying that -83% that gives us a...
Not financial advice. This is a monthly chart so patience is Key for these targets. Currently in Phase E of Wyckoff Mode. Look at the chart and the green arrow. That was the confluence zone from the all time low That was .36c and we lost that confluence area. That was super key to hold. Now if you look at the big triangle from the top to the confluence area of...