Expect a big swing to come into play as we move through the night into the weekend. I've gone ahead & labeled 4 major resistance points we should pay attention too for reference points. Bullish: we may see a slight pullback to a very strong resistance which I expect us to bounce off & test the upper trendline with a breakout. Bearish: we break below this...
Were at a point where either were going down .05 or up .05 in our next move. If Cardano continues this bull run along with BTC growing stronger, we very well could be headed to the .33+ range.
We're in a bearish consolidation phase which just created a Triple Bottom as well as the RSI. Next I do believe we may test $2 as we roll through the weekend.
I've gone ahead & broken down the phases we've passed through, starting from the left we were in a nice Uptrend consolidation which led to a oversold situation that formed into a Inverted Head & Shoulders. Following the H&S we say a Bullish Elliott's Wave into a triple top in which we've been in the sell off-phase. As you see we are approaching the 200 EMA also...
This Harmonic Pattern indicates we will see a nice Uptrend next. Also taking a look at the RSI you see we've closed in on the Oversold indicator which gives us confirmation that we may see a Reversal to the upside. If we do break through the bottom of this wedge pattern we may see a Retest then another Large Pullback. I'm Bullish for today.
Here I have created what I call a 4 phase Uptrend, it's us creating Higher Highs & Higher Lows. But I got a little fancy with it, but it's why I do believe we will see some type of pullback maybe even another Inverted Head & Shoulders. Our next resistance is at $2 so we have a possibility to see that this weekend if this Bullish Market sticks around.
As you see here I have went ahead & broken down the Doge chart into phases. Starting from the left we were in a Wedge pattern then had a breakout to the upside in a Uptrend Consolidation. We just had a large pullback followed by a nice spike which is a Retest Phase, we very well could still see a Downtrend play out. But as the RSI indicates we have been...
We have just broken out of a consolidation phase, broke along the top now on a slight retest. We should see a nice uptrend followed by another pullback creating a Double Bottom which would send us on our way towards $1 as we head into the weekend. 2 Indicators we must pay attention to is if we break back into the consolidation phase & test the lower resistance,...
Here is the Daily chart, if you take a look at the RSI it shows a large Cup patter. Which you see I have drawn out here, I do believe we will continue on this Uptrend moving towards the beginning of September. I do believe well have 2 or 3 more green days before we see some type of bull back to cool off for a nice entry point. It's a matter of time before we...
RSI showing a double bottom also we just broke through the previous resistance with a slight retest. Next we may see a nice Uptrend heading into the weekend, we may be nearing $48k.
The RSI showing us coming fresh off a Head & Shoulders which most of you may already know it typically leads too a spike in said direction. Which for us is very Bullish.
We've got two Bullish Indicators, the RSI indicates we are breaking above the Bearish trend which was a Triple Top & we reversed that quickly. We also just broke out of the top of this wedge pattern & had a retest, typically a Bullish trend follows. Let's see if we can reach the .30 resistance heading into Friday.
Were in a nice Uptrend consolidation & may see a push to the upside moving towards the weekend. Still need to look for signs of a pullback & entry point for a long. The Market is fixing to get really volatile.
Taking a look at the RSI we're fixing to create the third top to a Triple Bottom, typically what follows is a spike. In this instance that would men it would be bullish this week heading to the weekend. Secondly, if you take a look at the previous trend through the end of July leading through the first week of August we were in a Bearish wedge. From the 8th until...
I'll be giving you 3 Price predictions as we move through the month of August. Let's say the Bill gets really drug out maybe another week, week & a half then we will most likely see a consolidation phase in full affect. Would end the month between .08 - .10. The Bill gets cleared up we may start off with the last pullback before a nice Uptrend kicks end, which...
Here are my 3 Price Predictions heading into September. Bill gets drug out we may see a consolidation phase kick in & slow us down, would leave us around .0000025 price range. Once clear of the bill we will see a nice pump with a large pull back to cool off, should be sitting around .0000032 price. Say we get clear of the Bill & Mass Adoption kicks in, we may...
Mass Integration may begin to roll in once we are clear of the this Bill. With that being said here are my price predictions as we move through August & into September. If the bill gets strung out & things get messy, say it carries over another full week we may find ourselves in a Head & Shoulders & may consolidate between $36k - $40k. Say we get clear of the...
Here I have laid 3 sets of resistance lines which we should pay close attention too moving through the month. If we get caught up in the Infrastructure Bill & it through the weekend we may see a pullback for consolidation then reaching .35 moving into September. If we're able to get clear of the Bill we will continue on the nice Uptrend with slight pullbacks. We...