This is not financial advice, but simply technical analysis with some DD. Shiba Inu Token is about to break out. 1. Volume is increasing 2. Has respected trendlines acting as support (green) 3. Resistance at .000056 appears to soon be broken (need more volume, but slowly rising). 4. MACD on the 4 hour chart is almost positive since the last leg up. It goes back...
1. Double bottom is almost completely formed on 6 hour (shown) 2. 2 hour timeframe (not shown) is trending up looking like its leading into a larger trend 3. Macd is ready to cross 0 Price Target - $12+ beginning March 2021
1. Rising wedge 2. Consolidation at strong support line 3. Earnings catalyst March 30 4. Clean energy/Biden play *Price target $27 by mid-end March 2021
***6 Hour Time Frame Used*** - For more reliability. We just received a buy signal just a couple minutes ago on the 6 hour timeframe. All time frames look well and the 1 day timeframe is in a great spot. We should get up to 38K, and I am seeing that we break that and shoot to 42 and higher within the next 3-5 days. It could be slightly sooner, and slightly...
1 day break of resistance and beginning of the leg up after the formation of the handle in the "cup and handle" chart pattern. MACD is almost crossing on 1 day and 6 hour just crossed. Lots of great things happening with this chart. There are a lot of hype behind being bought out as well at some point by big names such as Microsoft and Apple. Here are my...
***Follow me for great ideas and unlike many, I'm up to give feedback on your ideas, just ask, pm me or add your idea in the comments section of my idea!*** $21.10 Resistance needs to break on the 1 hr. $21.04 is the resistance on the 6 hour so they almost go hand in hand. Once the 2 hour breaks, we should see 25-30 within a week. I'm calculating this...
*6 Hour Timeframe* Support ~ $34K Resistance ~$39,500) BTC has broken resistance on the two hour timeframe and it appears it is following suit on the 6hr. We'll see if it is able to break resistance on the 6 hr. in the next 72 hours. If it does, it appears nothing is going to stop the bull on this one as the trend continues. MACD is coiling and ready to break...