GOLD recently broke above a key level yesterday and with that on the daily we can see a golden cross. Would like to see a couple days close above 200MA but I think theres is a good chance over the next 2 weeks we see another 5% move to the upside to roughly 1917 where we encounter our previous high.
It appears ATOM has broken out of a symmetrical triangle. It's backtesting the breakout currently and holding the .618 fib is key. 22.81 is a very key level to hold and if we hold that I expect ATOM to explode to over 32 dollars in the coming weeks.
In my opinion we have not broken out of the triangle yet. We have hit the upper resistance line 3 times and, in my opinion, will break out within the next 2 weeks. My target lies at the 1.618 fib level which equates to $2500. I do think we will go a lot higher than that though.
It's crucial to hold support of bottom channel at around 1680. If it drops below a likely target is 1430.
I'm expecting April to be huge for Ethereum. As you can see from the pattern of AB=CD we have a target of just over $2,300 for April 7th. This coincides with our trend line from Janurary 11th. Additionally, on March 26th Ethereum options are set to expire and I expect the bulls to come out swinging and take full control. Just my idea feel free to share your...
Ethereum bounced off key support and is targeting around $2040. I personally think we will hit that target and beyond within 5 days. Not financial advice.
It appears we are finally breaking out of the rising wedge pattern. We are currently holding the 21 MA however, if it falls, we will retest the trend line we recently broke out of. Short term bearish but long term this stock is gonna see some crazy gains.
Ethereum has hit our support target established on January 11th. Will be interesting to see if it holds or breaks down further. Let me know what you guys think in the comments.
Bullish divergence on RSI on the 2 hour. Perhaps this may finally be the bottom. Still waiting for more confirmation.
Eth wicked to bottom support line and is holding .5 fib nicely. I expect to see it get bought up back quickly and target still sits at around 2.2k.
BIDU has seen parabolic gains these past couple months and is looking for a retrace. There is a gap at 214 dollars which coincides with the .236 fib level. Volume has peaked and is in a downtrend which is also bearish. Expecting the gap to be filled at around 214 dollars within a couple weeks.
Looks like a potential H&S is forming on the daily for bitcoin. As of now, we are holding support at the 20ema and also the .382 fib level. Let me know what you guys think.
Trendline from March lows still being respected and also the .786 fib. In my opinion, the bottom has been hit.