If BTC continues to push up here, we could see INJ also starting it's bullish trend and moving from the bottom of this ascending channel towards the top.
Looking at the current upward momentum, indicators such as RSI etc. are overbought yet price keeps moving upwards. Seems these indicators are severely lagging in a very bullish market and cannot be used to reliably determine when price will likely turn around. In this analysis, I am simply looking at past bull-runs and hypothesizing that if we are in the...
based on previous halvings, expecting price to come down a bit and accumulate before starting the climb up. Fib trend gives me 2 significant targets for highs: Mid Jan 2025 and mid Jan 2026. I've mapped out potential fib targets based on standard fib extension targets. i.e. 2.272 - 2.786. However saying this, fib extensions from low to halving project different...
BTC has completed 2.5 waves in the current flag. The 0.5 bounced on the midchannel of the flag and we're currently seeing a push towards the top of the channel. breaking through here, if could btc flips resistance into support we could see it springboard from here.
The Fractal from the 2020 bull run looks very similar to the current bullish fractal BTC is in at the moment. Also looking at the RSI on high time frame (3 day chart) we can see a clear pattern. 3waves descending on the RSI, before a breakout to the upside on 7th Sep. Same pattern on the market cipher B indicator. Expectation is that there is an imminent...
DOGE flag has been accumulating for the last 5 days. Volume decreasing so a breakout is likely. Looking at two possible entry levels. Manage your risk in case price comes back.
Daily chart shows JTO reacting to support level. On 1h there is a bullflag forming. Good long entry... swing entry. Stop below the low.
Degen price has that nice curved bottom. Also building bullish structure. Inside the channel looks to be breaking above a triangle of sorts. Wait for it to retest / retrace before trying to enter.
XRP price quickly approaching the squeeze point of this wedge. Waiting for price to come down towards bottom of wedge. If market shows bullish signs and XRP has a reaction, will look for a long entry in this area, with invalidation below the previous low.
XRP price quickly approaching the squeeze point of this wedge. Waiting for price to come down towards bottom of wedge. If market shows bullish signs and XRP has a reaction, will look for a long entry in this area, with invalidation below the previous low.
Deep looks to be travelling in this ascending channel. Price is retracing close to the bottom so could potentially find support here and if it reacts we could see price push up towards the top of the channel. Potential opportunity here to enter long if there is a reaction. Notice point of control for the volume cluster is also in the same area.
BTC seems to be following past patterns except at a larger scale. This likely means there will be a larger/longer bull market (with a bear market within the bull market). This projection is mapped out based on previous BTC patterns, and is not something to base any investment/trading from, but more to give an idea (based on patterns) as to what could happen if...
If BTC has truly found it's bottom, this structure could be the start of a 5 wave elliot wave structure. Using fib extensions as well as time fibs to mark out a potential 5 wave bullish structure from where BTC is currently. Interesting thing shows confluence with the end to a bullish trend towards the end of November before we have a correction.
Moodeng seems to have bounced potentially giving us an idea of the bottom of a bull flag or descending trend. Waiting to see confirmation of bullish trend, i.e. form HLs. also, if this flag holds true I will expect some reaction at the top of the flag. Scribbled a couple of scenarios that I will be watching for.
This could be nasty but smells like something is brewing with fart coin. Waiting for the flag to break/react.
TRB price is currently coming back to support. The 1h shows a flag or descending channel with price consolidating lower and lower. RSI on 4h is close to 30. If rsi turns around would indicate strong bullish divergence on 4h. If TRB price loses 49.8 I would assume it would head down to the support at 41.8. A swing long entry could be around 49.8 with a stop...
TON price has broken out of downtrend along with the bullish sentiment in the market. I wouldn't enter at resistance, but if it breaks through watch for a pullback to this level.
Trump coin has come back to support. This is a critical level, and price needs to respect support for me to feel bullish about this. I'm not ruling out another test of the low, and if support is respected, there's a possible entry long there with a stop below the low (with a little space in case there's a liquidity hunt). Probably a safer choice would be to wait...