BABA ripping off the bottom of its weekly channel. Looking for 135 on a breakout in January
Whales might want to push this down one more time. I would expect to see a btd rally off the 43k zone targeting 73k. lots of confluence there as well as parabolic support (red curve line). This may be the last dip we get until March/April. Watching the charts closely.
Currently forming a 4hr megaphone. A caveat to these patterns is you can gauge the strength or weakness depending on where support/resistance is found. Notice how price failed to tag the bottom of the megaphone before this runup. In my mind, this is a sign of strength and price likely consolidates before moving higher out of the megaphone. Looking for 510+ by Feb/March.
Total market cap less BTC is just bouncing off weekly support. Are we about to get into another altcoin/shitcoin wave?
What you see here is a ratio of SPX vs. the M2 Money Supply. Many inverse head and shoulders patterns in this chart, which should resolve to the upside. FYI - M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits. tldr; The FED is...
Nice reversal off this back test. I can see this running to 30+ in 2022 due to NFT hype. (MaximNFT is their subsidiery) Budweiser just dropped their NFT, VISA purchases a cryptopunk. The mania hasn't even started yet ::EYES::
If you can see through the mess, these charts, based on symmetry have been pretty accurate for me.
SPX breaking out above measured move. Market overshot on the downside, its possible we overshoot on the upside. Targeting 5100 March/April 2022
Chart may be difficult to read or understand but this cycle setup is similar to the 2015 setup. Looking for 70 between Jan 2022-May 2022 and 300+ into year end 2023 if pattern repeats. I am long asf
Forming a bull pennant here. Watching for a weekly close above the trendline which could create a nice weekly candle the following week
I think we repeat the same pattern here until end of November and have a nice year end December rally. Then do it again, and again until 130k
Very very bullish on this name and sector. ACB has formed a falling wedge and a rounding bottom consolidation. With earnings on deck, im confidently long given my previous post on this being a similar setup to what we saw in 2015. DIAMOND HAND IT above 6.61 breakup daily candle.
Been consolidating in the triangle since 1998. finally broke out and backtested. looks like a good long term hodl
Ascending triangle at the edge of the rectangle. rectangles are same slope as previous setup so could see a nice pop and back test 230 on breakout Looks like we are entering a meme stonk rally
would wait for the friday daily candle to close. would like to see a close above 41.13 for bulish momentum to start
AMC bull flagging, 4 hr breakdown candle at 38.85, close above opens the door to higher prices. Looking for 48 on a breakout to the upside
Lots of potential bullish catalysts coming up, specifically the SEC settlement. Also Charles almost done selling
Rejected the 1.27 fib. looking like consolidation here and we should hit the 1.38 sometime next month and 1.68 into Q1 2022