If Bitcoin dumps again, then expect ICP to hit near $20. This coin has been on a downtrend for months. Assuming that ICP ever has a parabolic run up to $100+ in the future, this could be a good accumulation area if you're patient enough. This is not financial advice. These are just my ideas and opinions.
BTC looks like it is forming another bear flag / descending channel. Bullish: Must break above $53K Bearish: $46K breaks down to the low $40K's This is not financial advice. These are just my ideas and opinions.
After a massive rally, BICO collapsed 75% from the top within a week of its release. There are a couple scenarios that could play out here: Bullish scenario: The upper trend line breaks and BICO reverses to the upside toward $10+ as its next target. Bearish scenario: The local support area breaks down (shaded rectangle) and we see prices between $3 - $5. ...
On the weekly chart, it's pretty clear that SNX has been on a major downtrend for months. It broke past the .786 retracement and is now heading toward previous support from October/November 2020. Who knows if it'll ever reach previous ATH again, but if it does, it will be a massive run up. Be cautious trading this. This is not financial advise. These are just...
BTC just broke out of the descending channel today, however, it does not mean it is bullish (yet). Here are the two short-term scenarios that could play out: Bullish scenario: Assuming BTC stays above $47K, it could push toward the next main resistance of around $52K - $53K. If we break through that, then it's most likely a reversal in progress. Bearish...
I'm expecting BTC to test the local .618 around $46K. If that fails, then $42K would be a major test of support from December 3rd. This is not financial advice. These are just my ideas and opinions.
After a massive rally, CRO has now plummeted 50% from the top in just 9 days. Clearly, we can see that CRO is in a downtrend. The question now is, what happens next? If CRO keeps making lower lows and lower highs, then the downtrend will continue. In addition, the market is showing extreme fear and volatility. In the most recent dip, CRO has touched the same...
Along with the rest of the market, JASMY has plummeted to a critical level, which is previous resistance from October. I suspect JASMY will likely hit the .786 fib level soon, and possibly further. $.10 is imminent and would be a good accumulation zone. This is not financial advice. These are just my ideas and opinions.
Potentially looking to enter in on GALA at the .618 if previous resistance holds as new support. This is not financial advice. These are just my ideas and opinions.
BICO just released on multiple exchanges on December 1, 2021. Within its first day, it had just over a $1B market cap reaching a price of $23. The next day, it quickly dumped to just under $9. I would say it bottoms near $7 - $8 before any bullish reversal. If that doesn't hold, then I wouldn't be able to provide any additional info on this since we have no...
After a 43% drop from the ATH, GALA could be close to bottoming out. It's possible that previous resistance at $.48 might become new support. RSI on the 4HR is low. If $.48 doesn't hold, then expect the next support area below around $.35 - $.38. This is not financial advice. These are just my ideas and opinions.
Bitcoin is now at the bottom of the ascending broadening wedge pattern, which could be a great opportunity to accumulate before the next leg up. Next move will be a new ATH. This is not financial advice. These are just my ideas and opinions.
BTC just dumped to the .618 at around $43K. This should be the bottom. Time to stock up! This is not financial advice. These are just my ideas and opinions.
I'm waiting to see if this right shoulder will play out. If it breaks above the neckline, then I believe a bullish reversal is in play. Invalid if it falls back to the support zone or below that. This is not financial advice. These are just my ideas and opinions.
It seems like JASMY has been forming a massive bull pennant in November. If that top trend line breaks, JASMY will fly. However, if that bottom trend line breaks, then this idea is invalid. This is not financial advice. These are just my ideas and opinions.
I have a feeling that the .786 will be a potential bottom for SHIB on this correction before the next major pump up. Watch for a clear break above the trend line as a reversal sign. This is not financial advice. These are just my ideas and opinions.
With over a 50% correction since November 10th, IOTX is currently moving in a descending channel. Major support is at $.156 based on the previous bottom. If the major resistance breaks (upper trend line), IOTX will fly. I believe it will reach somewhere between $.50 - $1 by end of cycle. This is not financial advice. These are just my ideas and opinions.
In addition to the giant triangle pattern formed on the weekly chart, MATIC has also formed a nice upward channel since mid-July. If this breakout plays out, the next MAJOR target would be $4+ in the next month or two. It can go higher, but for now, let's focus on reaching the 1.618 fib level. This is not financial advice. These are just my ideas and opinions.