maybe something like this... and maybe it doesn't go as deep to 2600, maybe ±2900 holds (ETH/USD) either way next couple weeks maybe a bit of a selloff/sideways as has been my original idea with Q3 being rather boring and trading in a range and then hopefuly Oct-Jan moon #notfinancialadvice
just a thought, no idea if it'll end up happening projecting the run from 95-00 to where we are today when we broke above the centre dotted line in the channel What do you think? Not financial advice
Just a possibility that we're in a similar cycle pattern as 2013 where the current selloff to $30k could hold (possibly even a slight poke below it) and then rocket up to the top of the channel by the end of the year which would be $280k-ish and would match the stock to flow projection from @100trillionusd on Twitter? Not financial advice
we should hit somewhere in that box for BTC this cycle on the low end May 2021 around $80k, and on the high end $500k in Nov/Dec 2021 hitting the red trendline would be somewhere around 220-300k it matches a lot of predictions and expectations from people both in time and price Not Financial Advice!
Let's see if this plays out next week Not financial advice
Possible BTC price scenario, bottom 42-38k, then launch to 80k+ in the next weeks. This is not financial advice
Once crypto altcoin market cap breaks previous ATH I think it will explode and double if not more This is not financial advice
Looking at the chart I think there's a decent chance we see $600 ETH before 31 Dec 2020 Disclaimer: my opinion, not financial advice
Just for fun, here's what I expect from BTC price action over the coming months Another dip to low/mid 9000s, close CME gap, proper retest of triangle and then a run to ATH #notfinancialadvice
We're getting towards the end of August, and like I've shared before September and October are risk months for a crash in the stock markets. Additionally, I also shared the last 3 election years 08,12,16 where the S&P declined from now until november every time. Of course this time could be different, but there is a good chance of stock markets selling off and...
3 Guesses to the BTC price action over the coming months. Purple - Leaning towards this one with a continuation now to 14k, double top, and then maybe dump back down to retest the breakout wedge. This depends a lot on the stock markets if they selloff in september/october or not. If they do then I think this scenario may make sense. Selloff along with the stock...
RSI divergence is a very accurate leading indicator imo, does not look good for the price action here. This is not financial advice
I think as long as ETH stays above the $225 level there is a good chance it will break out to the upside and in that case there is enormous potential Not financial advice
Negative RSI divergence on TESLA daily. Not financial advice but wouldn't be surprised to see it way down in a few months from now Curious to see how this ages
LEND/USD... looks bullish to me possibly falling wedge, and previous high held as support for the correction so far breakout to the upside could take it quite a bit higher... This is NOT financial advice.
Looking at the chart there's a huge positive RSI divergence on the daily. FUN seems to have been making steady progress, has a multi-year track record and working product. If the project doesn't die, it's ridiculously cheap atm. 100x to ATH pretty much. THIS IS NOT FINANCIAL ADVICE
I see a positive RSI divergence on oil daily chart, plus prices are lowest since 2002... I think there's a good chance it can bounce hard, possible to see a 100% gain in a short period of time in the coming weeks? Could still have a spike lower or capitulation down, but if that happens likely to be very short term IMO... This is NOT FINANCIAL ADVICE of any sort!
Price of SP500 hasn't been under 50MA (blue) on monthly since 2011. Last time it dropped below it was in the 08 crash, and continued to drop to the 200MA (red). So keep an eye on the 50MA on monthly currently around 2600 or so. If it goes below there there's a good chance it continues to drop to 200MA which could be around the 1700-1500 level. Not Financial Advice