We are in a massive descending channel since some time in the 1980s or so. The idea shows how our dollar may return to the orange trendline and continue on its way up until summer 2024 or so. Are bears here to stay until 2024? In my opinion: The sooner we reach the top of the channel, the better. Most of us hold stocks and crypto lol... Mostly posting this so I...
Long term supply and demand are marked. Check comments for smaller timeframe photos that I will attach to this idea. Pretty basic. Currently in a sell, I'll be watching this like a hawk and set price alerts to play off of every zone.
BTC price and RSI in a falling wedge. Will this structure hold? Or will we fall lower to previous significant levels? I hate to admit that we were overdue for a wash out of the market. These types prices are for buying, not for selling. “I wish I could make that type of money off of cryptos!”. Tell your friends to put their money where their mouth is for once.
Continuation of important cup/fib levels that we've been seeing since earlier this year. Lowest continued cup trend line may be too low in the future due to estimation, but overall I expect to continue upwards.
Green lines have been drawn and stayed put since everyone was bearish back in August... Check my posts for the same mark up. We look to be retesting support after a routine cup and handle/ascending triangle breakout to completion (May '21 to October '21). Currently, I can see 1 of the 2 scenarios (red lines) playing out as we head into Q1 of the new...
BTC is looking ready to lead the pack to a new ATH within the coming months. Hold on tight. Fibonacci was drawn on the monthly chart from our September 2020 low to April 2021 high. Since then we broke our ascending channel and found strong support along the .618 level during the mid summer's "correction". We've had a strong breakout from the falling wedge to form...
We would all love to see $.50+... However, I'm cool with this amount of hopium... for now! ;)
Fun idea. Time will tell. Everything in the crypto space looks poised for a great autumn/winter 2021.
We could've expected the short term drop in prices according to where we are. Holding tight and waiting for December. Let's print the right shoulder to this massive inverse H&S. Quick breather - September is normally a down month, anyways...
Good news from the Zilliqa team during August (check socials and blog). Looking for a push to +$.50 by November/December. Hoping for a blow off top to send us over the range to finish this cycle.
VOYAGER (VGX) setting up to go big. Solid upwards growth over the last few days is reflected from new users and buyers on the Voyager app and the buying/holding of VGX to earn APY%! I believe they saw an increase of ~128 million new users yesterday alone... Price has respected our 2018 resistances nicely and continues full steam ahead. If history repeats itself,...
Watching for a play similar to this. Waiting for a bottomed out entry before we head to new ATH‘s.
Bearish in the short term. Keeping an eye on the marked buy zone. Price alerts are set. Could be setting up for the next leg upwards.
Based on simple chart pattern analysis we must keep an eye on where INJ goes from here. A bullish move looks probable based on the potential formation of the Inverse H&S. The H&S is printing inside a larger ascending triangle. Watch for a breakout early this week that could either send us up into new price discovery or lower for a continued correction.
Long term we’ve retested and held support that was flipped from an extremely long time resistance (pink line). The idea here is that the rejection will set up an inverse head and shoulders and head up from there. Things may get interesting right now as we move even closer to our XRP delisting/suspending date in the U.S. Could the worst of this dip be behind...
H1 head and shoulders idea... May not be out of the hot water just yet. Hoping we can hold the closer bottom December trend line support. Just incase, lower buy zone with green price targets set.
Resistance/TP levels shown. Things may get volatile as we move towards the mass US exchange delisting/suspending date for XRP. I personally believe it will be temporary. However, at worst XRP is deemed a security by the SEC... Ripple pays a fine and moves to a crypto friendly country (as they’ve mentioned previously) to be embraced by the rest of the world.
In 2017 BTC went parabolic in a short amount of time. Here is where and when we would be if BTC were to do the exact same thing this time around... Just for fun. One might say this is impossible (people said the same in 2017), and although that's probably true this time around, one thing to note is never underestimate the magnitude of what can happen when the...