A nice trading channel has formed over the past few months where it has consistently made 3 highs: 42k, 58k, 61k. I do believe that it would continue to break highs and respect this trading channel despite the volatility of crypto, however, BTC undeniably huge, and the likely hood of it crashing to lows similar to 2017 is very unlikely. Fun fact: BTC market cap is...
PLTR has had a major downtrend ever since its ATH @$45. I am hoping for this downtrend to break soon and this is why. PLTR has a major support zone around $20 - $22 dollars. ever since November 2020, so we could agree that it is a very well-respected support line. Also, it can be argued that it has formed a bullish falling wedge on the support. Measuring the price...
PLTR is currently sitting on a temporary support on an uptrend. I is seeming to form an inverse heads and shoulders which is considered bullish. If completed i see it breaking resistance points at where I circled, will not be entering until the heads and shoulders have formed. Will keep updated
Currently the market is really choppy for btc strgling to breakout form ATH however this pennant is looking promising for another ATH. I WILL NOT ENTER UNTILL CONFIMATION.
Asc triangle on BTC looking to reach back to ATH of 61k. if it does easy 4.3% profit no leverage
BTC has broken ath res, however it is struggling to keep it up, it is rather choppy. however i do believe if the Fed increases interest rates rapidly btc will skyrocket as people lose trust in the dollar and invest in btc, also looks on track, do expect it to bounce around the 50-63k mark
CCIV has seemed to form a cup and handle pattern which I normally bullish i will keep updated
Amazon has formed a asc triangle under previous support looking to break out. It failed to break out from the shown resistance, where the price hit consistent highs and higher lows which formed an ascending triangle nearly reached the end almost about to breakout. will keep updated. if all goes as expected there should be a 3-6% gain in the next few days or weeks.
The resistance line has been respected for was while now and a probability of a breakdown is likely.
asc triangle formed on pltr looking bullish
BTC trading channel if it breaks ath res i see it going upwards of 70 k in the next month