Just wanted to compare this recent dip to the first major sr flip in the 2017 bull market. I know history may not repeat itself, but it will often rhyme. I am BULLISH at this level and will buy in here and HODL a LONG til about December 2021. IF THIS LEVEL DOESN"T HOLD, we very well could be targeting a low of 9k or so. IF this bull market is over, It was one HELL...
What a break out. This GEM has been on a major run lately, only to drop off a cliff, as it may seem. But, the fact that the fall was held support by the 0.786 fib retrace level, has got me going. With a perfect retrace to that fib level, usually will come a bounce, if not a relief rally. IF the price can move up from here and turn 19.28 to support, I will be...
The past few days for #bitcoin have been harsh on many, blame it on what you will, fact of the matter is, we have been slumping in price. Was it to be expected after pumping so hard Q1? As of now, macro bull market structure seems to be intact until we break below that 0.382 fib level and close daily candles under 43560 USD. That being said, we are at some...
DOGE, and it's price action, has been something very interesting over the course of this year. Pumping very hard, and consolidating above strong supports, time and time again. Will this time be any different? Nothing is impossible in this market. If, this truly was not the top, and we continue to consolidate at the 0.47-0.5 cent range, and eventually break and...
#DOGE to a dollar has been a strategy for many investors, even before it was trading at 0.00003 USD. Now, with ranges from 0.15-0.36 in a weeks time, PEOPLE ARE GETTING INTERESTED. As the 1 USD = 1 DOGE narrative plays out, people are piling in to try and catch that wave. And for good reason. While people are struggling to find use cases and Elon Musk tweets, DOGE...
ETC/USD has been showing extreme strength this cycle. Can it continue to break up and above the fib extension levels? Since we have broken out of the #triangle #pattern, it has successfully back-tested previous #resistence turned #support and blasted off to it's current price at around 20.30 USD. If we are to take a short term dump to #retest the 0.5 #feb...
#BTC has been putting in massive gains in q1 of 2021. Will this trend continue? a daily close under 55105 will break us out of this current #parabolic run and possibly confirm a retest of the 0.5 #fib extension at about 45530. if that level holds, and bounces, then I would look at it as another long term #BTFD situation. But, I do consider that level already...
#CHAINLINK has been gaining momentum to the upside since the break out of the 30.20 area. as it continues to move up, i will be buying the dips and holding up to my higher target of about 60$. looking to ladder out between 50-55$.
Looking at the #3day #chart of #link. It has broken out of the #resistance level it has been fighting since it put in the last high on the Feb 18. That being said, if we continue to take out the highs of previous 3 day candle closures, I would consider the #probabilities that it at least retests the top of that rising resistance line at around the 40 to 45 dollar...
I have been watching what i believe to be a falling channel pattern on #BTC since the last all time high. It seems I was getting ahead of myself with the last analysis where I previously thought BTC was on it's way to the 30k range. it appears we have broken out of the falling channel pattern and are currently retesting it as support on the shorter time frames....
Have we entered a territory of greed? Are we due for some corrections? Is it common to retrace from the 2.618 fib extension level? I know EVERYONE's waiting for a moon shot like 0-50k wasn't that. But looking at the reality of #BTC, it likes to lose 80% or so of it's value in an instant. I will not be selling, but will be keeping my eye out for a hefty retrace to...
It seems we have "peaked" at about 16k, based on the bearish divergence on the RSI vs price action, I'd say we are due for a nice correction. my guess is back down to 11.1k. In the event it does hit my lower target, I will be adding to my position anywhere between 12.5k to 11.1k in preparation for what I believe will be 17k before too long.
IF this is in fact a local top, which is very likely, BTC might be looking to respect it's fib retracement, as it has done many times in the past. Two things I'll be looking for to signal a continuation downward, is a close below both the 6628 as well as the 21 daily EMA. If those levels break, IN MY OPINION, it is likely we visit at least the golden pocket area...
After getting rejected a second time, that sure in the hell fooled me, we went to retest the first level of support yet again, at which point, I honestly was looking for a break down, not a break up, but hey, I'm not a fortune teller, LOL. That being said, we are playing with the 6628 support again. if followed back, it looks to have started with a retest back in...
SQ, a great company in my honest opinion, has seen better days in it's past, but we are here today and now, and things are not looking good for markets across the board. SQ included. After being rejected twice off of the 21 Daily EMA we seem to have found support at 48.90 level. If this level holds we may run up to test the 21 daily again. if we can hold above it,...
First of all, sorry about the messy chart, but nonetheless, I appreciate you taking time out of your day to peep my analysis. Looks like bitcoin has again, flipped the resistance to support of the grey box area and is peaking out over a very long term trend line that has been rejecting us over and over again. If we can close at least a 4hr over that lavender down...
I have here a falling wedge pattern that started at last years high, in an even bigger symmetrical triangle from the all time high. with a huge fake out in both directions, first to about the 10.5k, likely to shake bears out, then down to about 3800 to shake out the bulls.... Very intense price action lately, pre-halving. It appears we've began to close daily...
We have broken out of the falling channel!!!!!!! I personally hope to GOD that my target does not hit at high 800's, needless to say, I will buy that F#c#ing dip! As from a long term perspective, the fundamentals are still solid, although my networth has been officially slashed in half and i feel like throwing up, i will still continue to believe in the worlds...