Where I think support levels are for Algorand v Cardano
This idea is for me, this is not financial advice. 20% confidence in this playing out. w00f
Price could bounce from this zone, or continue to zero, which is not very probable.
If that upper green trend line is breached, USO will moon.
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These look like accumulation ranges to me, maybe they are, maybe they aren't. I'm posting so that this will serve as a frame of reference going forward.
I don't think this will play out honestly, but there's no denying that this looks a little like a H&S pattern
I _think_ price could drop from here. We may be approaching a capitulation dump. If so, we could be in for a sustained pump, after the capitulation. Good luck fam!
Looks like this corrective EW pattern has played out. Despite global economic uncertaintity, we very well may see some upside in the "near-term"
A new cycle begins with an accumulation phase that generates a trading range. The pattern often yields a failure point or spring that marks a selling climax, ahead of a strong trend that eventually exits the opposite side of the range.
I'm curious how doge will respect fib levels. I don't typically include wicks, but these levels do seem key to me. Not a signal, just posting for the lulz.
This level is weekly support, if it breaks, I think price action will fall into the 14,000 region.
ATOM is printing a weekly 9, however it's carrying a lot of momentum and could reach the top of this triangle shape.
Could this be a bear flag? A descending wedge? I've drawn a few patterns on here, and perhaps price will the points of confluence. Perhaps. This is not advice, I'm simply watching how price reacts to these levels and patterns. DYOR
Merge was uneventful, which was positive, however I see ETH taking a dump, along with the rest of the crypto space.
Watching price action, fibs, and trend lines of ETH
Posting as an idea. I don't have a lot of confidence in this playing out.
* BTC price will range for the next 2ish months * There will be a capitulation dump some time in September * Price Action will "Bart Simpson" (verb) to previous levels * where I think whales will want to have the yearly candle close, showing (perhaps manipulating) BTC "strength"