My BTC Bull Hypothesis. - BTC breached the 200 day MA briefly, and rallied a proper 5 wave impulse. However, the attention to detail is important as we have 2 clear impulse patterns to count here. - A closer look will show the fib extension targets of 2.618 on the most recent move up, and the larger wave 1 shown with the Elliot wave drawn. - The lower 2.618...
This daily chart is a beauty setup. Just listed today December 16th on the TSX (graduated from the TSXV) and far undervalued compared to its peers. Bonus facts: - Health Canada licenses, some exclusive - Strong influencer on regulatory market - Multiple successful clinical trials - NO DEBT - and a warchest full of cash - Some big acquisitions this year, becoming...
EOS is no drama obama when we just look at the charts. Let's dig into it. - Daily cup and handle. - Strong fundamentals only getting stronger. - Widely hated coin. - Strong community. - First real DAO. - Lots of whale action. - Heavily shorted and almost out of room. Let the short squeeze cannon go boom! See you up there. #chartporn #seekingconfluence...
Does history repeat itself, or is BTC just getting tired and the bears are going to have their way with it. You be the judge. Feeling bullish on the current environment and the technicals are screaming good things! The time is now. #ChartPorn #PerspectiveMatters #SeekingConfluence
My hypothesis has so far played out flawlessly. Have continued to make money shorting. Meanwhile, the thick orange line has proved strong resistance to bounce off. The new additions of White Shoulders indicates a Head and Shoulders playing out right on top of the 200 day Moving Average. Should we break the 200 day again it's a quick 10k move down.
Likely BTC/USD ABC correction in play. Notice the confluence of extensions and key levels. If compared to the 4 hour downtrend line (in white), a bounce to 56k would still make a daily downtrend valid. Meanwhile the recent bounce off of $47.1K could be a potential support but the more likely scenario is a bear flag and an ABC dead cat bounce. Zooming out to...
This is blowing my mind. I had a bulls eye on this chart and it just hit almost perfectly spot on...
As the chart shows, the most beautiful falling wedge pattern right into a key support. Numinus likely to rocket back to previous ATH offering traders a chance at 400% gains - SHORT TERM! Note: Numinus just applied to be listed on the Toronto Stock Exchange (TSX) pending some conditions. Add this Psychedelic leader to your portfolio. Similar stocks: CMPS, ATAI,...
- nice bounce off the 786 - Pop above the trendline and now retesting it. - Sexy volume candles around October 28th - RSI slight bounce likely to repeat previous history - MACD divergence
XRP FINALLY BUSTS OUT OF YEAR LONG CONSOLIDATION. Ready to blast off!!!
Watchin' that wedge on the dear old Solana! She be rippin' it lately, but where to enter? Path to the $217 Support/Resistance level - want to see a bounce there with volume!! Alternate reality option: See the box for sell targets if you think she's got more juice. Just watch the trendlines! Enjoy!!!
CGC being held down for a long time. The pattern is likely to repeat itself. Potentially nice opportunity.
Quietly meeting or exceeding all business targets and doing some fantastic work in the space. Here's an opportunity that doesn't come by every day.
SoFi has silently become the most innovative and legitimate financial services technology company and the bulls have been accumulating more and more stock as of late. This is one to watch for long term gains. It's still a good time to get in.
No matter how much analysis you do, there's always value in zooming out and being confident in your geometry. Should the channel remain and the lower trendline hold, we should be on our way to another big jump in the ETH valuation. HODL strong my friends, but don't be greedy! Always do your own due diligence and research.
About a year away from the end of current consolidation. How long until ETH breaks out vs BTC?
ETH recently came within $3 of its ATH at $4373 USD. Some say ETH will follow the same cycle BTC did back in 2017. Here's a simple way to look at it and the Fib Extensions up to $19,650. Always manage your risk and do your own research.
This wedge has finally been squeezed out and shorters have nowhere left to push. Time for TLRY to make the trek back to ATH - are you in? Don't chase! we could revisit the top of the wedge which would be a great buy point to set your limit order, then set a tight stop below the wedge. Good luck!