Mugginns

Mugginns Updated 

I am predicting a breakout by the dates shown on the chart. The trend in rising RSI and MACD is convincing.

Mugginns

Here I have resolved a possible 'ultimate decision' for CTM based on a confluence of the point at which: 1. MACD finally pushes completely through the zero line. 2. The RSI base builds to 40ish 3. The 50-day (orange) and 200 day (purple) converge for the golden cross. 4. The revised lower channel (yellow dashed) coincides with the MA's. My target for the decision...

Mugginns Updated 

Using Blue vertical bars from the time where MACD breaks up past 0,00 and dotted blue lines where the SP peaks. Seems to be a pattern 410 days between solid blue with peaks at 300 days and a drop over 110 days.

Mugginns Updated 

Using the tried and tested Triangle Method, I am projecting 0.945 by 30th Aug 2021.

Mugginns Updated 

I think I have identified a rising wedge here. This is usually a bearish signal after an uptrend. Looking to see if it breaks down through the wedge. The MACD is still below zero and so it is possible it might hit that and drop from there. I'll be looking to see if the RSI signals over-bought on the next high-high close.

Mugginns Updated 

This chart uses trend lines from July 2020 after the jump occured. I am also integrating trend-based fib progression to determine where those trends intersect on the timeline. I would like to think that scenario 1 will be the play as CTM is very bullish over long time frames.

Mugginns Updated 

Descending triangle pattern looks like being established, although I'd like to see three verifications of the pattern rather than the two we have here. I am considering the following three possibilities going forward... Option 1: Breakdown within triangle to 0.465 before resuming upward trend. Option 2: Breakdown out of triangle to 0.395 (top of 'GAP' and 200...

Mugginns

Using two historical trendlines (in yellow) and recent descending triangle pattern (in white) I am projecting a 0.795 target in early MArch 2021. Although I think the yellow trendlines are a good indicator of general movement, I am not too sure about the triangle pattern. In my other published idea, I wonder whether the breakdown out of the triangle will occur....