1. One important way to "technically" estimated, or predict a future potential growth is to find patterns that work in "many" cases of which I have chosen RSI (2). This formation with it can be considered of such kind. 2. Please check the "Growth Angle" always. The sharper the growth angle the sharper the downturn will be. This happens in financial markets and it...
Can you really believe how far DOGE-ELON, or ELONDOGE (a funny "word-caricature") can go? 1st TP: $0.09 2nd TP: $0.17 SL: -5 - 10% Let's see how it goes?! Who really knows what the future bears with it?! ;-)
1. If monthly Elliots are to be correct, then a 4th wave has been made up now. 2. We may have to wait for it to make another bottom which is either even or higher. Right? Then it can be a rigid ground to buy. 3. Now what can we do since monthly RSI (14) is so close to a well-funded support? I prefer to buy one-third or half of the money I have at the...
TRX Weekly: Chart is self-explanatory. Yet, Look at Elliots, important Dynamic & Static S&Rs - Price Cannels & SRSI. Weekly SRSI not gone overbought yet.
The market has gone bullish again while Bitcoin is cooling off. Weekly Elliot Waves Analysis is implicating that we are halfway up toward the end of the 3rd impulsive wave. Price has been channelized as shown. Reactions to Dynamic-Static S&Rs have been shown. If you have checked my previous analysis on EOS I have mentioned that an upward breakout has happened....
If you have checked on my previous posts you should have seen that Weekly & Daily Cypher structure. I have tested the Elliots & Fibs., I have tested descending & ascending price channels & Dynamic - Static S&Rs. Meaning I have put in test every technical theory affordable to the best of my knowledge to let those less experienced "Traders" know: 1. "Previous/past...
We need more volume here. If the market buys it more then 0.10 is not out of reach. Also, look at RSI (2) being channeled up. Weekly RSI (2) is showing negative divergence at the top which is implicating that TRX lacks enough strength. Then I expect two scenarios: A pullback to 0.045 as a best case scenario, or deeper toward 0.035 which the latter sounds less...
Chari is "Daily". Pullbacks are possible. I you work in futures you need to set proportionated stop-losses &/or stop-limits. Important S&Rs have been depicted. - Daily price has made a double bottom. - RSI (14) is showing accumulation & getting more strength. - Also MFI has a positive divergence at the bottom with price chart - money is coming in. - PSAR is...
Finally the dynamic resistance is broken out. FYI, that is the 12th one. I await a true trend reversal here. I hope. ;-)
These crazy young tyrannosaurus needs rest for a while. Reasons: 1. Weekly RSI (2) negative divergence; 2. Weekly negative Harami candle up there just beside that beautiful long green candle. Then, if it is going to be the 4th wave it is very welcome. I would like hold BTT. Justin is very busy these days, but I am sure he is going to grwo up this baby...
RSI (14): where it is here now lays strong support. Also, RSI (14) is representing a double bottom . Price Movements: it has been channelized with a steady & positive steep since 23 Feb 20. MAs: If you remember my last analysis based on Daily MAs of 50, 100 & 200, price has touched the Daily MA of 100. Now average price for a period of last 100 days is...
When MAs cross like that a truly bullish rally can be just a start. Then, holding this new stable coin seems inevitable.
1. Some of the more outperformers like BNB are excluded to omit deviance. 2. The analysis has been moderated so to be able to catch those which can be more apt to be chosen "technically". 3. I have also checked fundamentals based on FCAS (Fundamental Crypto Asset Score). Seemingly, has no serious impact on sharper price growth. 4. While BTC experienced its last 4...
Why you do not need to panic even if the market is so-called crashed?! What is brought up here applies to those profitable Stock Market Shares & here some more fundamentally well-structured cryptos like XRP. It can not be applied to Gold, Silver, or things like that. Also, it is not applicable to Real Estate except Land which has other driving factors + fiat...
1. Weekly Cypher pattern: - From 13 Feb 20 to 13 Feb 21 (366 Days) the big one in blue. - There are 3 Fib Time Zones EXACTLY matching B & D of the Cypher & the next would be 20 Aug 21 (158 Days from now). - So, when we are done with ABC Pattern in Daily toward $2.3 - 3.0 during the 49 days coming, we would see either a Time Correction, or a real price boom by 20...
ABCDE Correction coming to end, by E a pending wave? Then, is that approved by 12345 now toward $45K? And, will be buyers able to push it up to: 1. $47K 2. $50K 3. Previous ATH at $58,356? If those 3 Targets are achieved BTC can rise up to another ATH around $80K. Not a financial advice. For learning & sharing ideas only.