Levels to watch for micro corrections. Currently have a .236 wick. .318 and .5 congruous with next areas of demand if support does not hold. Key entry levels to watch in yellow horizontal lines. RSI may reject MA (White Circle). Keep an eye on this structure. NFA Do your own DD. Come to your own conclusions.
BTC moving inside a broadening descending wedge on the 4H chart. This shape has a bullish outcome more often than not. Price action has touched major support twice. BTC Price is back above the 50 SMA which is a good sign. Keep an eye on this structure. NFA Do your own DD
Corrections both lasted almost a perfect year. People are beginning to accept the 4 year cycle based on the halvening. 3 years of bullish action, 1 year of bearish correction. If the top trend line remains valid into the next bull run, there is a case for a 240k coin. This would land the price action somewhere between the 2.618 and 3.618 fib extension. ...
Eth Daily chart shown here. Eth is bouncing off a long term support which is also lining up with the 200 simple moving average. It might go to back-test this support before the pump. RSI is ready to bounce off a rising trendline. Target for this long is 2,544 which from the expected test is around 50% shown on the infoline. NFA Do your own DD
I sense a big cup and handle forming so I'd like to point it out early. The depth of the cup would put the price action at the 2.618 extension. This would also align with and be a third touch in a rising non horizontal resistance. I see a lot of similarities with the 2017 top and the breakdown that followed. SMA 50 crossed the SMA 100 at almost an identical...
This is my worst case for BTC if we continue to the downside. 50 SMA converging with major order block and support at 48,200. Area is between the .382 and .5 fib. NFA Do your own DD Dont let the fud get to you.
I know, this target seems crazy. I think the upcoming bull run will place BTC Top around 200k. Mostly for fun to look back on in a few years. Absolutely not financial advice.
BTC/USD on the Daily BTC is moving inside a rising wedge with a support that goes back to October of 2023. Rising wedges have a bearish bias. If the rising support fails to hold, the 50/100 SMA area will likely get a test, and possible the 200 SMA, both of which coincide with major order blocks. First order block lines up with the .236 fib retracement...
4H chart Cup and handle with a neckline test at the .618 fib retracement level. This is a speculative coin offered on coinbase. This is just to share and is absolutely not financial advice. Do your own DD.
Hitting a Macro Support. I drew many areas of interest out on the chart for places to look for the price to turn and move about. Pretty Straight forward. We are coming off a major support while the rsi is forming an uptrend. I dont know much about the fundamentals of this token, this is more for the TA specifically. Please Comment! Absolutely Not Financial...
Varausd daily is looking good for a long trade. stoploss below .0676 TP1 Fib 1 (RR1:3) TP2 Fib 1.618 (RR1:5) TP3 Fib 2.618 (RR1:8) Rsi has potentially bottomed on a third touch forming an uptrend. PA found support at the daily 50 simple moving average. NFA Do your own DD
Adam and Eve pattern forming during accumulation phase of Shib Curious to see what others think about this. This is the closest I have seen to this formation in any of the alts on the long list.
LTC USD Monthly Chart Last Call Moon-boys get your moon-shoes on. Bag is loaded with a DCA of 45 bucks. This seems like a RR no brainer. This is absolutely not financial advice.
HBAR is looking good on the daily chart. We have tested a local support and rejected north. RSI is still oversold and appears to have started trending up. Fib extensions are targets, also marked by horizontal ones. R:R 1:13 stoploss below second support marked in red This is NFA Do your own DD Good luck!
BNB is sitting on a major support horizontally and a rising support at the 227 area. Rsi is well oversold. Volume oscillator suggest volume is going to pick back up again. This could be a solid 60% gain plus! Not financial information Do your own darn Due Diligence! Come to your own conclusions, we as humans were given this brain for a reason!
Filecoin on the Weekly Timeframe: FIL broke out of it's macro downtrend back in October. It has broken the 20 and 50 Simple Moving Average It currently has a candle open above the 100 Simple Moving Average FIL could be a big mover in this bull market, without having to come close to ATH. This could be a 15x or better to reach the .236 extension. Not...
Everyone fearful, and I cant stop looking at this and thinking this is a strong buy. Im posting this idea knowing that people are going to think it is stupid.
Grab your favorite cup. Put a pot of water on the range. Non decaffeinated will help control the jitters. Id suggest earl gray or chamomile. Drew this one out after the cup formed. Cup and handle. C+H. Tea time. Measured move would be the depth of the cup. These situations usually play out to the 3.618 extension to the minimum. Fib extensions pulled...