Vertolka

Vertolka

Here is what I am observing. Close to breakout from main descending (3 years long) resistance line. 2,5-year long bullish divergence on MACD/RSI. 2 years of accumulation. Forming rounded bottom. Finishing of ABCxABCx12354 correction pattern from the beginning of LTC. Double bottom formation. The last couple of weeks has almost zero volatility (silence before...

Vertolka

Break from the falling wedge, pullback, and retest top edge of the wedge as support, retest 40 days MA and bounce from. After we break over the main red resistance line then the real price action will begin :wink: enjoy

Vertolka Updated 

We get spike out from bullish flag pattern but was rejected at S/R level at 6700 sats. Expecting one more retest of area 5400-5600 sats and finish triple combo wave pattern. Then attack to area 7400-7700 sats, reject and retest upper edge of the blue channel as support. Maybe even stick with the bottom edge of the green channel and then pull up to the upper edge...

Vertolka

Dero creates the textbook ABC correction wave with double bottom and now is retesting S/R level 6K - 6,2K which is created by "hidden" falling wedge breakout and bottom edge of trendline channel (blue, lines). There is the possibility to fall down to the bottom edge of the red wedge. But I think, there is a very low probability of this price action. Targets are...

Vertolka

At the start, I draw this for fun and don´t want to publish it. But when I ended, these price moves makes me a lot of sense, based on the drawn channels. But still, take this prediction with a grain of salt. ;)

Vertolka

I am still bullish on RVN. But before the next major move up we need to finish the C correction wave. Meet with main "green" support line or 21 weeks MA. Now I don't see any reason for massive grow up.

Vertolka Updated 

We get bounced from S/R level at 3,5K sats, then as support serves 50 MA and break the main descending "red" resistance line. If we will keep the "red" resistance line as the support I think it's only a matter of a few hours/days, before we go to higher levels as you can see from at related idea.

Vertolka

My previous idea was a bit overbullish, but in general not wrong. I think that now we have a real breakout from the bullish flag. But before the next big move is there still the possibility of retesting the top edge of the red wedge as support. The next move I am expecting inside the blue channel until the area of 5,4 USD. There is also a possibility if we...

Vertolka

We break descending red S/R line and retested as resistance Also successfully retested multiple ascending supports - dashed lines. It's only up to you which one you want to take as relevant. Expecting, that a big upward move will become when we break S/R level based on fib. circle. Target is historical ATH at 5,4 USD

Vertolka Updated 

We get a nice double bottom pattern. Then retest and breakthrough the neckline. The previous candle fully closes above 20 MA. MACD fresh after cross and gains momentum. Now we are retesting the neckline as support. Possible good entry. But at higher time frames, this move is the only retracement of the previous fall. T1 - 8300-8500 sats T2 - 9200-9300 sats T3...

Vertolka Updated 

At lower timeframes, we currently break descending resistance line. So it's only a matter of time when we push the price to a higher level. Actually, we are still in descending channel. So put the next main resistance on the top line of this channel makes the most sense. Also, 11,2-12,3K sats is 5-5,5 USD, which is an area of DERO´s ATH in terms of USD prices.

Vertolka Updated 

Based on long term wedge created from early 2020. As you can see upper edge of the wedge perfectly fits with fib. circle based on the last downtrend and fib. timezone at price 2,24 USD. Also, we crossed a big downtrend wedge, and if we go through resistance at 1,5 USD, the price level at 2,24 USD at the end of next week makes the most sense to me.

Vertolka Updated 

Actual situation We have broken the S / R level between 1-1.14 USD. We´ve broken the last downtrend resistance line - the red line - implies we are at the uptrend We have risen up to S / R level 1,5 USD (2020 high) and above the line of uptrend resistance - the green line - implies we want to go higher We successfully retested S / R level at 1 USD. My...

Vertolka

long term trend - green channel - overall don't expect, that we´ve ever seen bitcoin dominance over this green channel midterm trend - we´ve broken big red wedge, this implies, that we´ve entered the new cycle BTC is slightly under 50K and I am expecting, that in the next months, will BTC grow slowlier. On the other hand, Altcoins are now in a strong uptrend...

Vertolka

An updated version of my base Idea at the daily time frame.

Vertolka Updated 

There is a critical resistance between 54-66, if we break through we can grow up to higher level. Of course, there is still a possibility, that we go to the bottom edge of wedge. But I am expecting, next steps in the channel, then a retracement to 66-70 sats.