shimmeringpath

shimmeringpath Jun 6, 2021

Here we see our FET daily chart from Binance with that colorful Gann Fan indicator on it ! This indicator really explains why FET has had the ups and downs it has had lately because it really seems to fit this Gann Fan . You can see it's a steadily rising fan we are in but we need to break up into those higher levels ! You see where that black arrow is pointing on...

shimmeringpath May 23, 2021

A Bullish Butterfly pattern appears to be forming here on our FET daily chart . Wow! We just dumped out of that triangle/pennant structure we had been in before! It happens in crypto - what can I say ! Every chart dumped when Bitcoin dumped . We were in a triangle type structure before but we broke bearish and went below it . You can see what looks like a letter...

shimmeringpath May 21, 2021

It will soon be Crunch Time for our FET chart ! As you can see - after our big rise - we've been in this triangle for a couple months - consolidating but being supported by our higher timeframe Ichimoku clouds also (3 day and weekly . ) It seems by June 5th we will reach the apex of this triangle and at that point we must pick a direction. Now with Bitcoin's...

shimmeringpath May 14, 2021

Here we see our FET daily chart and you can see what clearly looks to be a Bull Pennant forming . It looks like FET will break upward from this pennant by the end of May . First target area would obviously be the 1550 resistance that we've already hit a couple times . The only question is can we break above that area and close above 1550 . It could take time . But...

shimmeringpath May 12, 2021

Great news for FET ! After that pullback we've finally closed a candle that breaks above our downward trendline . This looks Bullish -and good to continue up. We will be revisiting that 1550 area again it seems . But will we finally break through it ? It will be our 3rd time now to hit that resistance there . Will we break through it this time ? 3rd time's a charm...

shimmeringpath May 6, 2021

Here we see our FET 6 hour chart . And it's in a clear uptrend . We've stayed above 1000 sats since hitting that 700 area few weeks ago .I said at the time I thought that pullback to 700 area was the completion of our Handle from that Bullish Cup and Handle pattern,and I still think so ( target of that was 2890 which I still think will happen but first we must...

shimmeringpath May 1, 2021

Here we see our weekly FET chart from Binance . And you can see that colorful Gann Fan indicator on it . You see where that purple X is on the chart ? That's up near the top of the Gann Fan and lines up almost perfectly with the .782 fib line near 11000 sats . That seems like a possible target for early 2022 because it is also brings us to the top of the Gann Fan...

shimmeringpath Apr 27, 2021

Here we see our XLM weekly chart from Binance. Today we pushed up over 900 sats again and are coming right to the bottom edge of the weekly Ichimoku cloud . Before long we should break through and into that cloud.But I still feel this is developing into a Cup and Handle pattern also, just as a few other charts also have . It won't be long ,once we are inside the...

shimmeringpath Apr 25, 2021

Here we see our FET weekly chart and you can see we are clearly in what looks like a Cup and Handle pattern on the higher timeframe. We've had 2 red candles down forming the handle and could have another in our TD Sequential 9 indicator . That's fine . But I expect this to turnaround in May . That target of 2890 still stands as the Cup and Handle target area...

shimmeringpath Apr 21, 2021

Here we see our Bitcoin Dominance chart which today dipped into 51 area ! This is major ! Our expected Altseason won't happen with a high Bitcoin Dominance chart so it's great to see this dipping even lower right now! You can see we are under the daily Ichimoku cloud . We are under both the 50 MA and the 200 MA . And we have hit a TD Sequential 9 in red on this...

shimmeringpath Apr 20, 2021

Here we see our FET 1 day chart and you can see what appears to be an obvious Cup and Handle pattern .That black line on top shows you the top of our cup. And the dark blue lines coming off the right side show our recent pullback to 800 sat area - and that is the Handle of the Cup . Well, where do we go from here ? Many new traders that have recently come into...

shimmeringpath Apr 17, 2021

Here we see our Bitcoin weekly chart from Binance . You see those black lines ? They are outlining what appears to be a Rising Wedge pattern . This pattern starts out a bit wider at it's base but then the trading range definitely narrows as it moves upwards . These Rising Wedge patterns generally break bearish at some point . The question is when ? How high do...

shimmeringpath Apr 8, 2021

Here we see our Bitcoin 2 day chart from Binance . There does appear to be an ascending triangle forming here , inside those pink lines . This is generally a bullish indication in an uptrend . I would expect Bitcoin to break upwards from this structure - probably by the end of April .Though Bitcoin sometimes surprises us and does the opposite ! But we have seen...

shimmeringpath Apr 7, 2021

Here we see our FET daily chart and you can see the pullback we had ! Almost 25% down from our recent high over 1500 sats . As you can see we've hit a number 8 in red on our TD Sequential 9 indicator , and I expect it will hit the number 9 later today . That is usually a sign of a trend reversal and so I would expect this to go up soon . Pullbacks are normal and...

shimmeringpath Apr 6, 2021

Here we see our ZIL weekly chart . As you see we have entered the weekly Ichimoku cloud and that is very bullish. Once we enter into that cloud we should continue up and eventually go through the cloud . You can see we are near 350 sats right now , And the fib targets above us run like this 614 is the .236 fib 981 is the .382 fib 1273 is the .5 fib 1564 is...

shimmeringpath Apr 3, 2021

Here we see our FET 6 hour chart and you can see we had quite a pullback since FET wicked over 1500 sats a few days ago - we even went to low 1100 area ! Many new traders online are nervously selling and going into a panic ! But why ? Pullbacks are normal and FET is clearly consolidating on top of the Ichimoku cloud here . We also hit the TD Sequential 9 in red ,...

shimmeringpath Mar 31, 2021

Here we see our FET hourly chart and you can see we had a big pullback earlier today ! We hit up over 1500 sats (as I predicted several times ) coming close to our high from last summer - and then dumped hard to low 1200s area . Many think there are market makers on this FET chart but might I suggest there could be a school of whales playing in this water !! ...

shimmeringpath Mar 30, 2021

Here we see our WAN 3 day chart and as you see we pushed right through the 3 day Ichimoku Cloud - and have in fact wicked inside the Weekly Ichimoku, This looks good to go to the .236 fib near 26000 , but of course it's hard to say how fast it happens . You see the bright blue arrow on the chart ? That is where a possible Kumo Breakout will happen soon - as that...