we probably will climb up until the resistance line of the larger descending triangle
it looks like swt finally broke out. swt has a long road to go until the green line. let's see what'll happen. and also from the volume we should watch out as it might be just an organized p&d.
we're falling down to this interim trend line. next will be a leg up towards resistance.
we will probably go somewhere between 1 and 1.618. I would sell in that region and buy back when price falls down.
the news about the license and the launch date might bring edgeless to the moon
btc entered the 4h cloud, rsi broke down and moving towards oversold. i think we will hit the lower edge of the cloud and jump back. in a less likely scenario, we can go down to 13k.
I think we have a new trend line, before IOTA hitting that line, the first falling wedge has to be completed and broken down for correction. then we will see it moon. this prediction is aligned with IOTA roadmap.
this is the major correction we've been waiting for. what I see here is several things: - there is a triangle that btc is trying to stay in. - the RSI 14 is moving to oversold region. I think in order for the correction to be over, we should go below 30. - btc price on 4h window is still above ichimoku cloud BUT I think it is moving towards the cloud and we can...
Everyone seems to be radio silent about this one. I think we hit the bottom here. RSI 14 is criminally oversold. There is a very sharp and clean falling wedge, meaning that the bounce back might be strong. also there is a larger long term low slope wedge ending a falling trend. I think we can see a circular continuation like what I sketched with the orange curve.
during the bull run btc moved inside this green channel. recently we broke up towards the purple rising wedge. right now it's moving inside a falling wedge targeted down towards $7800. I think that's when it will diverge back up. After changing its direction, the divergence point will be important to define the next wedge edge but we might end up with the purple...
another coin with an ending triangular formation. keep a close eye on this one.
ubq moving up. we can get at least 2x profits. if the green line is broken, space is the limit.
xcp will move up to the resistance. if it can break the resistance, the sky is the limit. is it likely? why not..
triangle broken. sys is moving up. hopefully this will be a quick journey to the moon.