Kyle_Kinnaird

Kyle_Kinnaird

This will play out as a fake breakout & fall too .30 followed by a consolidation phase or we will continue this new Uptrend pattern & test .36 as we roll into Thursday morning.

Kyle_Kinnaird

Since we've had this pullback we've reached a important resistance moving forward. As you can see if we fall below this resistance we may end up creating a Head & Shoulder pattern which we've seen many of times where we consolidate after then get bullish. Or we could hit this resistance creating Double Bottom which usually follows up with a nice Uptrend. Excited...

Kyle_Kinnaird

As you see here we've been riding along this Uptrend resistance very nicely. We created a Triple Bottom but ended up consolidating a bit heading towards to the trend line, now that we are here the 2 things we need to look for is a cross over or Touch & Go. If we do fall below the trend line we may see .28 again followed by a Consolidation phase heading into...

Kyle_Kinnaird

We've created a Triple Bottom in the RSI chart, as well as created a nice Uptrend that we've been holding on too since the 9th. If we do continue moving on this trend we may test $49k rolling through Tuesday, but if we do fall below this trendline we may retest $42k & consolidate through the week.

Kyle_Kinnaird

We've been in a strong sell-off & now testing the upper resistance, what makes me think we will see a Uptrend unfold is the RSI, we have created a Triple Bottom which usually leads to a bullish trend. If we were to fall to the $1.50 resistance then we would see a Consolidation or Bearish trend unravel Tuesday into Wednesday.

Kyle_Kinnaird

Here we see that we've been in a slight wedge pattern running along this resistance, if you also take a look at the RSI we've been in a slight sell-off which is actually a strong Bullish indicator. We've been in a sell-off but have stayed fairly steady along this resistance, once we get the Volume back up we will be in a nice Uptrend. If we do get a pullback we...

Kyle_Kinnaird

As you see here we've created a nice falling wedge pattern along with a Triple Bottom on the chart as well as the RSI Indicator. If we get a push through the top of this wedge we will see a slight retest then a Uptrend to approach .35 again. If we do break through the top & on the retest continue to have a sell-off we may continue to fall down to .29 resistance &...

Kyle_Kinnaird

If you go all the way back too April '21 just before the massive Bull Run we had a Consolidation Phase which we just came off of starting in July running into Aug. Next we broke into an Uptrend, yes in April it was larger than the one we are seeing now, but it's identical to where it has started & finished. Next was the Bull run that sent us too All Time Highs,...

Kyle_Kinnaird

If you take a look at the RSI we've been in a bearish downtrend which we just broke through the top of. I do expect us to continue this as we near the top of the wedge in the chart above. If we are able to break through the top of this wedge we may test $31 then get a retest back too $29.80 with a slight consolidation before getting continuing on this Bull run.

Kyle_Kinnaird

If we do have a pullback, it will be a healthy at that. We may fall to our previous resistance at .30 then give .35 another shot. We very well could continue on this massive Bull run, but if we do cool off a bit it might be a great time to buy in before the next leg up.

Kyle_Kinnaird

As you take a look at the RSI it indicates we broke through the top of this Bearish downtrend & set for a retest phase. Next we need to pay attention to the retest, if we're able to retest the wedge then continue this uptrend & look for a bullish trend to establish itself. Or if we will fall below the wedge & look for our resistance at .019, if we do break that...

Kyle_Kinnaird

If you take a look at the RSI it indicates we've created a Triple Top which is usually followed by a pullback. If we do get a pullback we may fall too .125. This would be a great buying opportunity if you're looking to average down. There is a possibility we fall to the middle resistance (.130) get a Touch & Go then push through the upper resistance at .137! It...

Kyle_Kinnaird

If you take a look at the RSI we were actually being oversold as we rode along this resistance which is a Very Bullish indicator. To go along with that we broke above the downward trending line which also indicates we may see another push too .0054+ moving into mid Monday. If we do break below this resistance we could fall too .0043 or down too .0041, this would...

Kyle_Kinnaird

Since the 11th of Aug. we've been on the massive Uptrend & haven't slowed down yet. We have had some Wedge patterns develop which we have continued moving up, we have just now broke through the top of another wedge as well. If you take a look at the RSI there has been a Triple Bottom created over the past 7 days which also indicates we may continue too see this...

Kyle_Kinnaird

If we do see a large pullback we may fall too .35 which is a strong resistance. If we do end up falling to there it would be a great entry point if you're looking to average down or enter into the market for the first time. If you take a look at the RSI it's showing we were in a wedge pattern that created a nice Elliott's Wave with a breakout & now on a retest.

Kyle_Kinnaird

We've broken through this wedge pattern & may see a slight pullback before we make a run to the .34 resistance. If we do fall back into the wedge we may see a large pullback to .26 - .29 consolidation phase. I believe we will see Doge at .35 Monday morning then pushing .40+ as we near next weekend.

Kyle_Kinnaird

The RSI Indicating a Uptrend may happen through the weekend. We see a Triple Bottom has been created as we are approaching the end of this wedge pattern. Also we are riding above this resistance & may see a slight pullback before sending us upwards of .0054 as we get closer to Monday. If we do fall below this resistance .0041 may be our next price target to...

Kyle_Kinnaird

As you see on the RSI chart we've set up a nice Elliott's Wave as well as 2 Inverted Head & Shoulders which we may create the second this afternoon. If we do fall below this resistance we may see a consolidation phase kick in as we roll through the weekend.