The key range I posted previously was 9 to 14 p. Non believers of charts did not understand the importance of this range. The all time POC is exactly midrange of these levels. Coincidence? Well no...
All signs look to a dead cat bounce. Obviosuly everyone knows this has been trending down for almost 2 years. This has no consolidation under the 32p resistance, a weekly close under the previous 19p support is not a good look. Very good news was fomo'd into. Next news should be a while, things take time. Get a better entry in the green zone and wait for...
Uptrend showing signs of exahustion. Macro picture has possible bombshells. Juicy buys for Stocks in green.
2 monthly rejections of the 3 year uptrend are not a good look. Long term, the move looks more corrective than bullish. All can change if we close back over the uptrend line. Good that we have broken and closed back above the .382 Fibb, as that suggests we are might not just be dead cat bouncing. A push up in the next 5 days would be good just to make this...
The only way I could make the 5 count was like this, if 3 was to be the longest upward wave. The A of this small ABC correction bounced right of the .382 fib of the 5th wave. I can see us back at 11150 to 11200 in this small aBC, before attacked the top of the wedge. This will coincide with long term resistence and the break out of the i head and shoulders,...
Golden cross on the 4 hour. Golden cross breakout at 4k, went to ATH. Lets gooooo!
We have the Right shoulder of the large Inverse head and shoulders pattern. Magic poop cannons long term green trend line. We've bounced multiple times today off of .236 Fib, of the 6000 low, and recent 11780 highs. We have a potential 5th wave to start. And as you can see, a nice bull pennant is forming between the low, the Inverse H&S neckline, and the...
This is the first time since the 8th of Jan!! Another strong indication that the correction is over. KICK ON!
We have a very clear 4 waves on the 30,60, and 2 hour charts. Not sure if the 4th wave is finished yet. There is still some room to go down a few more bucks. 3 is longest. 4 has not touched the pack of one. any other reasons this could be invalid?
A cup and handle. Just in time for my evening Tea!! Maybe this can help to propel us above the Inverse Head and shoulders neckline to confirm the breakout.
It's my first post. I enjoy all the TA on here. Quite often there is a disappointing lack of comments with the idea..... but not many are talking about FA with their TA. Right now, the powers that be in the US are speaking incredibly bullishly about Cryptocurrencies, whilst rightly talking about the need to hit the scammers hard. I was shocked to see the...