conorg93

conorg93

78.6% retrace, falling wedge, double bottom. This chart is primed for upside!!

conorg93

This chart is screaming upside. Classic accumulation signatures, rounding bottom and some serious daily hidden bullish divergence in development. Backtest of $0.58 level was successful. Market participants now regard this level as support. Next stop is $0.85 level and beyond that $1.40 target.

conorg93

As you can see, daily candles are a solid indicator of price movements and market sentiment. In each of these instances, bears were able to push the price down to form either a double bottom or golden-zone retrace on the fibs. From here, buyers stepped into the market and made a statement of intent with massive buying pressure – as indicated in these daily bullish...

conorg93

Chart says it all, 'tis a thang of beauty.

conorg93

Tartget is approx $35,600

conorg93

Look how beautifully the 4hour wicked off the triangle support line with massive volume. Now we wait for candle close confirmation and reversal of trend to the upside.

conorg93

In the chart we can see a clear W formation with a neckline of $37,682.00. If the price breaks above this, watch for a backtest of that line as support. This would be a break, hook and go confirmation, one of the strongest buying signals in technical analysis. We would then expect price to rally to the upper, down-sloping supply line at approx. $39,400.00 IF...

conorg93

As you can see, clear bullish pennant in development. The trend is your friend until the end. Another test of the supply line, and this thing will break and run FAST towards $50,000.00

conorg93

PLEASE NOTE: THIS IS THE INVERSE CHART (PRICES ARE FLIPPED UPSIDE DOWN) Here's another view of the chart – when you inverse it, you can see that XLM/USD looks primed to breakout. Target 42 cents.

conorg93

This one looks primed to pop. Watch out!

conorg93

This could send us all the way back to $40K. Shorts / H&S junkies about to get rekt.

conorg93

Also hidden daily bullish divergence. Watch for a break of the neckline with candle confirmation close. I will then be entering a Long position.

conorg93

Target approx 6 cents

conorg93

Nice break here with volume. If you want to be safe, look for retest to confirm breakout.

conorg93

Short term price movement only – but as you can clearly see in the chart, BTC had its highest 4hr candle close of the entire rally earlier today (approx $18,275). If this next 4hr candle closes ABOVE $18,475, there is no more resistance until All Time Highs. Wait and see what happens with the close.