Following previous cycles is a tool many use to understand which direction a particular asset is going, amongst other indicators. note: Past performance does not predict future events However, Bitcoin has showed us every year during and after the halving, it has had significant effects on the psychology of the holders and traders, leading to particular market...
Filecoin looking extremely bullish short term. massive volume increase in the last week, big money is rotating positions.
thanks to a call out by @EXCAVO I started following this token over the last week, which happened to have its largest volume of its life time in just the last week alone. looking for a retrace here, then a build back up. daily is volume breaking 20m
Algorand has been lagging behind most alt coins in this early stage of the bull run. last few days we've seen a noticeable increase in volume and a breakout of a short term downward trend. I expect a sharp move upward once we strike the orange horizontal line, which has been previously a resistance line.
after a longer consolidation, CSPR seems to be following previous fractal. Longer consolidation leading to possible higher price action compared to last high. Looking to get back into the support/ resistance trendlines. will keep updated. NFA.
Price action fractal analysis comparing previous halving cycle. Percentage increase not certain.
A possible scenario regarding CRYPTOCAP:XRP short term price action
$CSPR Cup and handle pattern formation, with the expectation of partnership with a fortune 100 company. Possible listing on a big exchange.
Short term fractal repeat, bullish/ Not FA advice buddies
a possible scenario for $HBAR on the daily time frame. Trend can take longer than chart expectation.
Bearish for now, until we can see a major change in Bitcoins volume we wont see this fractal play out. If you believe this can happen, we need a major event to incentivize people to stock up on BTC and not cash/ commodities. Another dump from here can see a major change in hands from the weak to the strong. In the past 48 hours over 100 billion dollars has entered...
BITFINEX:XRPUSD not financial advice. just a thought.
after a long year of consolidation, $SGB looking to break out of descending channel. May take longer than chart expects.
fractal analysis of gold. Fractals do not always play out. we could see a major dip to $700 before we finally make a reversal to the upside.
short time frame analysis, silver could go much higher than $50. this is however just a short term analysis, until we break resistance and turn support $50 is the target price.
if support continues to hold, parabolic move awaits after a year of consolidation. If we see the market take a major hit (very possible) $CSPR will find new lows, into the descending broadening wedge.
fractals do not always play, but keeping a close eye on repetitive movements in a LTF.