These are my 5 key levels to break for Zilliqa to clear the path to new all time highs. 1. Downtrend since Nov. 10th 2. High liquidity zone of resistance 3. Downtrend since Sept. 5th 4. Psychological resistance of $.10 ($.096) 5. High made in Sept. Horizontal Resistance.
It looks like we may be forming a W pattern or double bottom reversal pattern. If this is the case we may be in for another week of downtrend before the reversal. Be prepared.
Endlessly and hopelessly optimistic due to fundamentals. Good luck all! I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE.
Chart speaks for itself here. Bitcoin dominance on the way up. Possibility for a huge altseason after we reach the peak and begin decline.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. Literally, anything could happen. So, chances are this will not be what happens. This could definitely could happen though. We need to retest the prior resistance as support before moving up to the next resistance level.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. Stay strong! We could still see an accumulation pattern or scary sharp wick down to $52,000 or even $50,000 before the promise land.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. This is why I still think $100,000 bitcoin is possible by end of the year.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. #Skale has broken out of this giant triangle and has flipped the diagonal resistance to support.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. Dubious speculation. This could happen, so could anything.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. So far we are still following the path of previous #bitcoin cycles. Oct 8th - 12th 2017 we dropped almost 30% before the epic move to the moon. Will history repeat itself yet again?
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. Bitcoin has violated the yellow dotted line indicating a potential sell signal. If this play out as in cycles past there should be a correction of about 10% before our parabolic move to the upside. The Pink dotted line could still provide support and is the next test of the magnitude of this...
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. 'Patience is a virtue' Is a horrible understatement in the Crypto world. It may be the most important attribute in this space. Right now I am patiently anticipating one more move down for #BTC #altcoins will be available for great discounts if we see BTC come down another level.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. Follow up on previous idea comparing recent consolidation zones and prices exit from them. The two recent zones continue to show a very similar price pattern at end of consolidation.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. Visual comparison of recent consolidation zones. Last exit from consolidation saw price pump, drop and then continue to the upside, moving into a new range. Could we see the same pattern play out when we exit this consolidation zone??
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. Follow up to my previous chart. This is a path I think is more likely got #btc short term.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. I don't know how likely it is right now with volume but #bitcoin price is coming to a level where it could break through two key, local resistance levels at the same time. One being the diagonal flag pattern resistance, the other being the highlighted local resistance area. LET'S GO BITCOIN!
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE. This is where I would look for BTC price action to turn around if it does start to drop from the current zone. My projections are based on historical data, MMM and observation of the market makers freeing trapped liquidity in order to move price higher.
I KNOW NOTHING, DO NOT TRADE ON MY PROJECTIONS. NO FINAICIAL ADVICE GIVEN. These are the levels I am projecting BTC to drop too if we are indeed going to retrace, which I believe we are. My projections are based mostly on historical comparison as well as the MMM and Elliot wave patterns. The levels I am projecting hold much more weight than the path I have...