Keep in mind this could take some time to play out as this is the monthly chart but currently it looks good, has established good support, above 50 WMA and will most likely find resistance at 100 WMA, retrace and then continue on to target. I AM NOT A FINANCIAL ADVISER, YOU YOUR OWN RESEARCH!
Currently trying to bounce at the 0.786 and has formed bullish garltey which would give us the target of about a 60% move from current price. However, it is currently in a symmetrical triangle which could break down which would lead to further retrace. So watch the way this symmetrical triangle breaks. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
My previous idea was pinpoint accurate and has reached what was my target (look at link below for previous chart), for those that want to see if it goes higher, here is an update, of course this is crypto and anything can happen but this is a bearish bat pattern that has played out quite accurately so far, so be cautious, after completion it could dump hard!
If current bottom holds, it's got a nice formation for a leg up of 150% to complete a bearish cypher, consolidating inside a falling wedge and bull div on the 4 hr! I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Speculation in advance but 4 hr bull div, 200 MA on the 4 hr coincides with the .618 fib resistance so seems like a likely play that could play out as somewhat of a falling wedge and harmonic I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I shared my idea on the bright looking monthly chart, this is a shorter term view for me. It has its 3 bottom trend-line touches typical of a falling wedge and if current low hold, it should be making its leg up for the harmonic. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Approaching my entry, which is the green line. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
I will have to watch here, if we don't close a complete candle below the harmonic,it should be a great move up, if it doesn't hold the bullish shark can extend to 1.13 fib which would be a decent sized dip. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
From this view, it is forming a bullish gartley which would target 9.3k range I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
FALLING WEDGE CONSOLIDATION, FORMING HARMONIC, SHOULD MAKE THE LEG UP AFTER RETRACE. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Seems to be forming a deep crab pattern I am not a financial adviser, do you own research.
I love this chart and although I do not HODL, this is something a HODLer should be enthusiastic about. Additionally the stoch rsi on monthly has crossed up as well. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH.
Currently there is some bear div at the top of the previous pump on the hourly TFs so I am expecting a pullback. On the USD pairing, it looks near ready for a break out due to being near the apex of the falling wedge, additionally the stoch rsi on Monthly has crossed up. An area of confluence that I would look to long is .618 fib which coincides with the 50 MA....
Stochastic rsi cross up on 2 weeks chart and monthly, currently in a falling wedge formation and attempting breakout, formed bearish cypher and 150 WMA which held critical support twice as shown by circles coincides with the top of the leg up of the bearish cypher. I AM NOT A FINANCIAL ADVISER, DO YOU OWN RESEARCH!
It seems to be forming harmonics inside this descending triangle but I would not really expect this leg up to play out as most descending triangles break to the downside. However if someone is in a position already or this thing breaks to the upside, the red would be my target. I AM NOT A FINANCIAL ADVISER, DO YOU OWN RESEARCH!
Looking good, I am awaiting entry on a pullback. The stochastic rsi has crossed up for the first time since Binance listing. I AM NOT A FINANCIAL ADVISER!