at some point we may see price challenging the top of the current resistance channel as before, this could take many months to play out
super long 300 EMA as the bottom in black super long 100 EMA channel in red with accumulation at the top looks more likely that us upside break is brewing which could lead to a multi month/year up swing in...my...o...pinion...
a change of trend has been confirmed on the following metrics price above and supported by the 18 week high/low channel (one of my personal favorites) adherence to channel fib retracement levels long term horizontal fib shows amazing potential
the narrative of a four year cycle hasn't really worked well for anyone possibly because the markets do not provide predictability for the masses even as I ponder an 8 year cycle it does not really matter what does matter, to me, is that bitcoin is not above the 18 week high/low moving average and this has historically been the start of an uptrend MACD has just...
graph breaking out and heading to .50 IMO tested the downtrend line currently using 18 week high/low channel as support
long term down trend line may be setting up for a break measured move could send silver to $100 or more could take many years to play out
bitcoin is above the 18 week MA high/low channel which is usually a great sign next is to break through the 100 week MA and retest average true range looks about the same as it always looks before a bull market could take months for the break out ans test of the 100 MA could take years before the next new peak high is put in
cup and handle formation measured move channel measure fib targets bottom finder signal on monthly it all looks so nice! how are you trading cardano?
compression - at the down trend line support - holding for a very long time channel fib retrace is almost a full retrace as in 2017 if history is to be repeated there is a great deal of stored energy available for a break out
long term support looks pretty solid 18 month moving channel average shown price is likely to enter or go above the 18 month channel average in the near future as the channel squeezes together it becomes more likely that the price will breach above the lower line
swing trade: could take a couple months or even years to play out. notes about the MACD included on the chart MACD in a range where a possible bottom is already in
CRV showing signs of strength the market seems to be reshaping can it continue? or will it need a rest?
obviously bears lost the downtrend crv sliced through the 20 WMA like butter next is the 50 WMA I am expecting a return to the yellow box in the coming weeks not ready to call it a bull market, but the stage is certainly being set for one. good luck!
digibyte taking a shot at the 50 week moving average pulling away from the top of the down trend channel an exhaustive MACD consolidation is it time for some reall positive momentum? some interesting challenges ahead
sentiment seems to be favoring continued selling pressure and in when the crowd thinks bearish... the market goes bullish also... some think that if we do go bullish then it must sure as hell be the end all, of end all bull markets ....markets also likely to disappoint what no one is expecting is to go back to the recent highs and flounder around for a couple...
putting in the bottom can be a long or short process Stochastic and MACD histogram are showing signs of the weakening sales could be 6 - 12 months yet to go or the bottom could be in already not a bad place to start taking long positions DCA of course JMO
head and should could lead to a pattern completion at .18 would be a serious shake out event possibly could be the bottom also bottom could be in no way to know good luck! GJM
a strong base for xrp has been printing for years now the same way tsla did from 2013 to 2019 finding another chart that looks like xrp is not easy - a rare pattern indeed let me know if you find one the break out can be agressive to the upside, and then watch out for that first pull back! OMG xrp is, apparently, the tesla of the crypto industry ;)