Here are some crucial levels of support and trend changes. Ive circled some strong levels of support and drawn some patterns for trend analysis Hope you like -Mike
Bunch of trend lines and patterns and such. Could be a lengthy wedge we're in. Might not see a move back to the upside until Dec 12-15th.
Here we can see were still in this pattern/trend. I predict Thursday night or Friday to break trend and continue back up
Placed a Gann Fan on BTC and added some trend lines. When the lines converge is when we can expect a trend change. This is a crucial time!
BTC moving averages on the 3day chart. The last time the blue line passed through the yellow line to the upside was June of 2020. Interesting
Trying to come up with some patterns. Looks like sort of the same move happening on btc. I expect a bounce in the next few days
If you don't know, there are HUGE names involved with Bloktopia! I just don't see this one failing. A nice trend line forming simply using a fib retracement (see the dotted line)
Illuvium, a play to earn crypto/nft collectable game that is essentially a mixture of Pokemon and Teamfight Tactics from League of Legends, is scheduled to be released around January of next year. The clips of gameplay I've seen look amazing!. Now could be a great time to get in considering where it's at in the Fib Retracement.
Loving this token GALA! Put a fib retracement on it and you can see it bouncing precisely off of the golden pocket, aka the .5 fib level. If you were able to buy some at that level then you're lucky!
Taking a closer look at BTC breaking down right now. We're still in this inverted rising wedge formation which is ultimately a reversal pattern. I don't see us going much lower than around 53k before a reversal of trend happens.
The rising wedge is a reversal pattern and here, the first pattern we see an inverted rising wedge. Therefore, the trend should have reversed, which it did. The second pattern that we see is a falling wedge. When this pattern is found in an uptrend, it is considered a bullish pattern. The third pattern we see currently forming is similar to the first. It is an...
The rising (ascending) wedge pattern is a bearish chart pattern that signals an imminent breakout to the downside. Bitcoin's 3rd rising wedge this year that has broken to the downside
I found a trend line that Bitcoin seems to be following. This would likely take us to around 70k (+/- 10k) BTC around the end of Feb of next year.
Keeping an eye on where SAND retraces to. It's looking incredibly strong with little retracement which indicates more movement to the upside
I placed a Fib retracement on SOL and it's hovering around the golden pocket, aka the .5 Fib level, which is a good buy zone!
Placed a Fib retracement on AVAX. It's looking like it is in a continuation pattern, bouncing off the 2nd Fib level is a healthy correction. Now it's ready for more movement to the upside!
I took a fractal pattern and flipped, then mirrored it. Warped it slighly to get it to fit a slight better. Looks good to me !
Here is the chart including the Moon Phases where we can see the Successes vs the Failures. I've included a fractal pattern for the next leg up which should take us to around the 86k mark Stay positive