following this parallel channel using the recent top of $25k it lines up nicely and we seem to get a nice reaction here.
lots of predictive parallel channel confluence looking for $10.50 as the local top.
I’ve personally longed from here and think we can easily reach $21k for the range highs as my next target there seems to be a lot of liquidity there.
a breakout seems near approaching the downwards trendline, and there seems to be a lot of confluence near $6.
looking at the btc chart on log scale, and if we’re to believe that the bottom might already be in. In the parallel channel I drew from the previous cycle bottom to the most recent top then I’d say a next “top” target would be around $200k, all just my opinion though.
After a long downwards trend, maker seems to have found a nice value area but I’m looking for a retrace short around $1k with all confluence pointing to said area for a nice short to the bottom of the parallel channel as my target.
my target of $7 was hit from the highs of $12 with strong resistance
solana is nearing it’s downward trend line and is looking for a breaking, with lots of confluence around 41-42 as a near target also using bitcoin as confluence from the lows.
a big pump after pos merge, it's already at strong resistance
after a long downwards trend it’s broken past it’s previous trend line and reclaimed the 0.382.
There’s a lot of confluence up into the 1700-1800 range as strong resistance.
Seems like a clear head and shoulders pattern near the golden pocket.
There’s a clear parallel channel after the first impulse wave and pull back, I wouldn’t be surprised to see $op hit $5 soon. Just my opinion.