The last two times NKE has reached these two lower bands is 2008 and 2000. In 2008 the stock rebounded 35% from the second lowest band and 2000 the stock continued downward to the lowest band to rebound 60+% in just 8 weeks time from the lowest low. The point is, some market exposure at the second lowest band with reserve to buy at the lowest is better than...
ZRX will have finally broken free from its massive symmetrical triangle and will reach its peak for this cycle as bitcoin does.
Considering that inflation in the US is no longer considered transitory by the federal reserve and currents rates are expected to last up until 2024, we can expect bitcoin to maintain bullishness. There are a few ways this "cycle" can play out its largest emerging patterns. Volatile Bullish (Green) - Bitcoin can complete moving in its broadening ascending wedge...
Link is currently bouncing off its macro symmetrical triangle support after its tumble caused by bitcoin price action. If link can close above $26.75, the macro pattern's bullish target can continue. This target maxes out around $65-71 when considering the largest gap on the triangle pattern. A conservative rally that continues the ascending channel would price...
FTM is still mid correction from its ATH. If it fails to close above $2.50 area (left shoulder high) then it might be rejected sending the price near the head and shoulder target. It may not complete the pattern due to FTM being so bullish in sentiment though. A large wick dip in bitcoin could cause such a pattern to fulfill though and would allow an incredible...
Triple bottom of bitcoin could see reversal of power to bulls to propel bitcoin to 80k within the next few months. Bounce in ascending triangle.
If you want good opportunity you have to buy low. This is the last chance to buy low on Link before end of year. Sure it may go down another 1-2% but it's reward is much much greater. Bitcoin is only just now completing wave 2 of a potential 4 wave wykoff pattern (repeat of 2021 spring - summer). Link WILL hold this pattern and the best time to buy is at the...
With everyone looking at crazy odd-ball prices from analyst gurus screaming 200k+ I can't help but look at the chart and remember how earlier this year was exactly the same. Everyone starts losing their mind when bitcoin pumps 10%-20% citing these ridiculous long term analysis prices in the short term. We have not reached 74k yet like we need to for Plan B's...
Link is currently trading in a macro ascending triangle that started on July 22. It is reaching its apex now. It will either stay where it is now before launching or will dip slightly triggering a launch. Decide now if you are patient enough for a few more % or are afraid you will miss the boat. This boat will create its wake whether you are onboard or not, it is...
Chainlink has recently broken out of a symmetrical triangle and has turned previous resistance into support. ChainLink is now creating an ascending triangle as its next pattern with a target slightly above its all time high. This could be extended if the target made by Link's symmetrical triangle proves to be dominant. If LINK does not break out soon it will...
Currently trading in a bull flag, could breakout at any time if BTC breaks from consolidation. The chart above is the worst case scenario. Matic should hold these supports with 1.7 being the lowest support before falling considerably in the event of a bitcoin crash of 20%.
BTC has been rejected trying to breakout of the descending channel and will have to bounce down to a lower level of support to try again. Short Term Short. Long Term Long after breaking this trend to the upside.
Symmetrical breakout target is the size of the largest width at the beginning of pattern.
Breakout pattern sees 0x reaching major resistance at 1.30 after breaking out of symmetrical triangle pattern. Possible retest of lower levels before continuation.
Breakout to down side after reaching $48-$50 range. First idea on tradingview. Please comment thoughts and offer suggestions.