Pure art for ZEC, been a very slow mover, constant downtrend vs btc last 3 years+, tides are turning this will pump dirty - wouldnt sell anything less than a 2x. Dunno would do this w/o stoploss but if you must maybe weekly close under $110.
Hey, have copied bar pattern of similar charts to amb/btc to illustrate my ideal scenario (short term) for ambrosus. Also have layed out my longer terms thoughts on the chart, think rollercoaster trends to 0 over the longer term.
Ambrosus has been in a major downtrend vs btc for 3 years straight. Expect it to test at least half the 0.236 fibonacci retracement so 0.118 of ath on coinmarketcap. Hit ~10k sats, expecting an exit pump into the 1000-1800 sat region which would only be 10-20% of old ath, thinking 1100 sats is a really good level. Not financial advice.
SO bitcoin is currently trading at ~7550 I think we might be close to a possible short-term top. Sentiment remains extremely bearish still with halving coming up I think btc has every possible to perform similar to GOLD (flight to safety). Expecting bitcoin to remain in a bullish uptrend, expecting a retest of 6-6.5k on a retrace if that doesnt hold next level of...
IDK why but i just can't find much fucking reason to be bearish im trying. Limited supply/halving miner rewards, constant increase in scarcity financial institution shit-show. In my belief, price is above the 'suppression' zone and POI between curved suppression line and breakout-trend line. If price holds above 7300 i can't not be uber bullish . This is an...
I think btc will experience a bounce at these price levels ~3550 level and we the prices retest the 4,000-4,100 levels. Possible adam and eve bottom formation is in play. We've been holding at the 3500 price level for a while now with strong wicks indicating the current strength of support. Additionally, everyone's really bearish atm expecting a retest of...
WAN seems to be forming a potential inverse head and shoulders pattern. Target for pattern is ~1140/50 sats ~ 25/30% ROI. Volume profile checks out, good chance it'll be valid if btc continues sideways/goes up. Stop loss at 830. GL
Seems like a broadening bottom wedge on the 15min chart, target is ~3670 on binance; strong volume could lead to higher levels. I'd set stop loss at 3500 USD on binance. Not financial advice just my opinion. Quick 3% long opportunity.
SO POA fell through most support but held strongly at 6000 satoshis, it seems as if whales are accumulating at these low prices. It's unlikely we dip any lower unless btc decides to fall further. Drew up possible path based off a couple fractal ideas and resistance/support levels. I'm still long I sold off all my POA when my stops hit and upped my position....
Not much technical analysis going on here. POA is a solid coin with good fundamentals, it's been accumulating and mooning over the last few weeks and seems like its following possible fractals. Sitting at 7600 sats currently and extremely short-term could go up to 8.2k where it has solid resistance before dipping and possibly going up if the fractal is still in...
Fractals - could go both ways we'll have to wait and see but could play out a couple patterns. Uptrend support is holding at the moment but for how long???
Bitcoin since April 12th has been in an uptrend channel as can be seen in the chart. Bitcoin got rejected at an important resistance level at 10k which coincided with the 200MA. Since then bitcoin has had a fairly steep correction dropping over 15% since it hit its peak of 10k a week ago. Currently, there is strong bearish indications for bitcoin, with bear flag...