nagihatoum

nagihatoum

Broke out of a descending channel and a diamond reversal pattern. Measured move is 0.0000926 of the descending channel. The 1.618 of the diamond reversal is 0.000139. LUNC community has initiated a 1.5% token burn on every transaction. This should in theory reduce the supply of LUNC to pre-attack levels in a year's time. I don't care about Do Kwon's Luna 2.0, it...

nagihatoum

Of its three drive pattern and currently printing an ascending triangle pattern whose measured move is at $3. The CCI is in a rising trend. I expect a retest of the three drive neckline.

nagihatoum

CRV broke down from a long-term rising channel and has reached the measured move of that channel at 1.18$. The RSI has build some bullish divergences and is now testing the descending trendline. The current price action is bound to descending channel. If the RSI breakout, price will potentially test the resistance of the channel at 2.11$. Breakout of the...

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Broke down from a three month long rising wedge, and rising widening wedge. The rising widening wedge has a measured move to $64-$68 which is confluent with multi-year rising wedge support. It is now apparent that market makers registered a new ATH, to grab liquidity from 2017. It is usual that liquidity grab is followed by a drop. It is quite fascinating that...

nagihatoum

BTC.d rises during and after market crashes and beginning of bullruns. Rarely does BTC outperform ALTs at the end of a bullmarket. In 2018 ETH reached ATH while BTC crashed 30%. Currently BTC is out performing Alts, but BTC.d is reaching resistance and we can see BTC.d drop and Alts take off. If BTC.d keep rising I am afraid it is due to a crash. The CCI is in...

nagihatoum

Price action has been bound to a rising channel since march. Currently a falling wedge has printed and break out will get price to test the channel midline. If TRX remains bullish it will test the the channel resistance. Breakout of the channel will send price to 0.1295. CCI about to breakout of its downtrend.

nagihatoum

Multiple channels have confluence of resistance at 225-228 that price will likely meet if CCI breakouts of its downward trend soon. Inverse head and shoulders printing with a measured move to 246.

nagihatoum

I am using wrapped Luna data from Coinbase because it is the most consistent and did not suffer the meddling of the airdrop. We can see a symmetrical triangle forming and currently price is at the triangle support. The RSI is in an uptrend after printing bullish divergences. The CCI is breaking it's downward trendline. A small inverted head and shoulder has...

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Found this tool and decided to giver it a try. So right now price is inside a triangle and in a downward trend. Will it break the triangle down or the downward trend up and what are the results. I speculated with this Fib channel tool. The orange arrows are the measured moves of the triangles with confluence with the fib tools. Other tools I used in the past are...

nagihatoum

Previously the slanted fib tool was used to predict the breakout of a symmetrical triangle in the BNB price action. Price hit the 1.618 of one of the Fib channel as predicted. Now we will take another stab and predict that price will try to retest the resistance of the downward channel at the 1.272 fib.

nagihatoum

CCI trending up. Breakout of the descending channel and inverted H&S will have a measured move of around $170. XMR already pumped hard.

nagihatoum Updated 

Bounce from channel support to channel resistance. RSI over 50, MACD approaching zero, CCI above 100, all bullish indicators. Breakout over the 4H 200EMA will send it to resistance.

nagihatoum Updated 

Expecting a bounce of channel support as bullish divergences have printed. Target is the former range support at 199.

nagihatoum

Just classic TA, falling wedge breakout with TP at 31.8 and 45.2. RSI already brokeout of its descending trendline and has printing bullish divergences.

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Broke down from a bear flag formation with a bearish retest, under the 200 4h and 21 W EMAs. Crossing down support and RSI in a downward trend. Possibility of support and bounce still there, but less than a drop.

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The recent strong downtrend as produces a small gap on the CME at 35.3k. Price has reached range support and the technicals are pulling out of oversold. The possibility of a relief rally to close the gap is there. 39.6k is a point of confluent resistances and can be a final target. The price might falter at any time and head to close the big gap at 23.8k.

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Looking at the dominance chart, we can see that a 3 year old ascending channel has been broken down with a failed retest. The measured move and the 1.618 fib extension are confluent at 1.7 Billion which is equivalent to 5 dollars on the USD pair. The USD pair chart also shows a breach of a longterm diagonal support. Currently the RSI rests at historic support....

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Avax broke down from a significant longterm rising wedge with target at $9.47 . Price action is currently bound in a descending channel. Price has reached range support and the likelihood of retesting previous range support now resistance is high as the RSI might break out of its descending trendline.