CapitulationCalls
The usd chart for JRT is printing a rising wedge and the measured move is a ~50% retrace. Bottom fib levels are my target where i plan on doubling down on my position. As Always Good Luck And Safe Trading.
Just another view of this move. Good Luck And Safe Trading.
Was going to publish on the one minute chart to show the retest of the trend line, but only 15 minute charts and above can be posted publicly. Good Luck And Safe Trading.
Something to watch for. Good Luck And Safe Trading.
~35% retrace from ATH's if the total market cap reaches my target. Obviously only in play if the pennant breaks to the downside. Goodluck And Safe Trading.
Hash rates may be bottoming here. Obviously Craig Wrights court case is something to speculate on, but the case has been pushed out until mid this year ~June unless it is once again pushed out. If evidence doesn't show that Craig is irrefutably Satoshi (Which is most likely the case) obviously that is bearish news. However slight this chance may be, that he is...
Lets see how long we stay in this edge. Good luck and safe trading.
Just posting for the future.
You and i both want that sweet correction back to 20-28k, but are we going to see it? Found myself some bars that correlated pretty well with this last move, so im going ahead and posting them. The top of this "fractal" ends about ~double ATH's market cap and top of our long-term channel. (Weekly view of this chart with out the bars is located below) i myself am...
Given the price action hasn't changes much since the announcement of the CTO stepping down from the project ive entered into a position here. Obviously EOS's price is indicative of that of Bitcoin's, but i'm willing to take the risk and will most likely CDA if it does end up dumping from here. Good Luck and safe trading.
To start this chart looks great, looks... There are currently 46.6M coins in the circulating supply. Starting tomorrow ~2 hours from now the remaining ~442M coins will be unlocked and distributed to SAFT Investors, Validators and Founders. (The Solana team likes to say they are transparent, but information given here: solana.com is severly lacking) A large...
Just a personal chart. Bottom two channels are a mirror to the ones above. ~40% pull back is inevitable on our current run. ~90% pullback from the peak of the bull cycle. You will obviously have a better time to enter the market than now, sometime in the future, but realize any worthwhile projects you are invested in will be in profits 10 years from now. Good...
We may see the wedge break upwards after the next correction, watch the fib levels for reversals.
i expect this to be a short term bounce until roughly November before testing lows possibly new ATL incoming.
This is definitely a dangerous time to be investing in the markets (chart showing why linked below), but with the stability Raven coin has shown with this last market correction im actually quite bullish in the short term. Do your own Due diligence before investing of course, as this could have a correction back down to the last fib level and continue ranging for...
We could easily fall out of the channel now, but i suspect we will have one more swing up above 10.5k to trap in longs before heading back to the 6k region. I plan on re-entering around the mid point of this Gann Fan to ride an oversold bounce, then plan on loading in more in the green zone into the new years 2-5k price range incoming in my opinion. feel free to...
Lets see if we fail to stay inside red channel here. Looks to be having a hard time breaking the midway point on the overall larger channel, but with halving just around the corner it isnt out of the question. In short: Stays in the red channel - 10-12k by halving. Falls out of the red channel - sub 6k levels. For a closer look at the red channel go to my below...
If we don't correct here soon this is another possibility im looking at. With the rising wedge we are in it would be a dicey decision to invest right now, regardless of the next move up or down im still seeing sub 4k in the cards. The chart is currently at a crossroads right now and hasn't shown clear direction, but overall im still bearish. Good luck and safe trading.