IF this breaks through, these are my potential price targets this bull run. Descending wedge breakout target, previous ATH, cup and handle, and 2.618 Fib Retracement level for the top. Obviously RSI is getting overbought, and this last leg is going to be very volatile. Set stops, secure profits. $60-100 has been my EOY range since March, this fits in perfectly....
Wycoff Accumulation is something I spent the last few days reading about since I keep seeing everyone talk about it. While I don't necessarily believe this trend will last this long - the market has been very stale and there is still a lot of fear. This model does follow the narrative of corporate accumulation as well. Tesla is very innovative and I'm assuming...
Wycoff Accumulation is something I spent the last few days reading about since I keep seeing everyone talk about it. While I don't necessarily believe this trend will last this long - the market has been very stale and there is still a lot of fear. This model does follow the narrative of corporate accumulation as well. Tesla is very innovative and I'm assuming...
Polkadot hasn't quite broke out yet, but I believe it's coming either today or tomorrow. This can all be drawn on almost any chart and I am a firm believer that Polkadot is the new market maker. This trend has gone on since it started on Feb. 23rd. Polkadot has bounced off the line 5 times during this time which signals very strong resistance. With the stimulus...
Let me know what you think! I'm new to this1
Broke resistance, I see upward move to 34.8 then a retest of 30 this week. If support holds it should continue the trend up
Assuming we hold the support line around $25.865 I see it hitting $34-$35 by the 18th. If support breaks we could see a deep correction. With everything going on in Crypto I believe the upwards trend keeps continuing.