The 30-35k area was strong support. As shown by this Sine Line, we can expect a higher price by summer. Keep it simple and be patient! Cheers!
Goldfinch is a groundbreaking DEFI lending company which offers great returns. This chart is at a crucial decision point. The risk/reward looks great here for a bounce within the next few days.
We just poked through the MA200 YAY! In the short-term the Choppiness Index fell very low which means that a direction or trend has been chosen (duh lol). However, the RSI is now very high which means that it's overbought (on lower time frames). Feel free to suggest any other indicators that you like to use... Thanks for any comments or guidance, we are here to...
Can bulls carry this price right through that resistance? The .5 Fib is in the mid .1300's, if we fall below that again it could get ugly...fingers crossed.
Clover supports the Polkadot ecosystem and helps Ethereum developers to participate easier. Technically, the daily RSI is very low which signals a possible bounce. We are also at the parallel channel support level. I think that there is a potential for more than 200% gain over the next few months. Any thoughts? Thx.
This is just a close up view of what's under the hood. The .xxxx22 wall of resistance is impressive, but should give way soon! We have spent 11 days consolidating thus far...
This is frustratingly dragging on and attempting to void previous ideas and hope. However, I am still gonna double down and buy more. I'm still gonna be patient. I think a lightning pop to the .xxxx30s could happen at any moment. But most will use that to sell and exit, I doubt it can hold up. This is just my mini rant, haha I need encouragement from the...
July seems to be a very important month in the price history of Bitcoin. Despite recent volatility, we have not seen any major/decisive orders since July 2021. As of today, the next major resistance is at $42,xxx and the next major support is at $26,xxx. So, bear flag or rising wedge? ...Hint, look at the decreasing volume ;) ___
An important level to watch is .xxxx2125! The price must hold above this in order to continue higher. New buyers, bargain-hunters, or second-chance hopefuls should start to step in here. It is also tax-refund season and investors tend to buy Crypto. I think that the overall mood is about to change so I'm gonna continue adding at every support level. If you're...
As the DOW, S&P, and NASDAQ begin to shake up, it is expected that investors will park capital in GOLD. However, gold has historically under performed leading up to the Feds decision on interest rates. In the short-term, I think GOLD will re-test the $1500 area. A clear bullish pennant can be seen as of now, but I will wait for the pattern to develop more before...
I have started buying this chart again, and will look to average a decent position over the next few days. These are the levels that I think are noteworthy. Good luck bulls, let's go!!!! I'm relying on Fib, MA, RSI and MFI...Soft stop under the 37 area... (lol the Russia news is BS)
MATIC has failed to hold above $2 and is now considered a bearish narrative. The price will likely bleed lower for the next few months as investors are traumatized, and will sell any pops fast. The 200D Moving Average is currently at $1.61, so any short-term bounce must hold above this level for bulls to regain control!! (My time-frame looks out to July 2022: I'm LONG)
We can expect an inverse head and shoulders to form over the next few weeks. If you were stopped out, wait to re-enter on a solid close above this neckline. This is the short-term play, but ultimately this could complete a larger cup and handle bullish pattern to ATHs. There is no where to hedge or hide, just sit on your hands! (+30% potential in here soon). By...
My guess is a bull flag should form until April... But as in the past, this pattern may fail and develop into a larger pennant through September. If it does break upward, there will be heavy resistance in the 77-95 area. I'm not gonna be greedy here lol... LMK your comments thanks.
A major correction is due and would be healthy, I would begin buying again in the 50s if it gets there. A slowing economy, tightening monetary conditions, inflation, and pandemic uncertainty will cause many to take their profits. The recent split has made all of my previous chart work useless lol... Psychologically, a lower price number will lure noobs into...
The rising wedge can be one of the most difficult chart patterns to accurately recognize and trade. While it is a consolidation formation, the loss of upside momentum on each successive high gives the pattern its bearish bias. However, the series of higher highs and higher lows keeps the trend inherently bullish.
Ride the squeeze on a tight trail stop... set alerts, and return later. Good luck! 45 strong resistance 30 buy zone
The price is likely to drift back to the 1100 area. Timing the market is impossible, so keep adding at every opportunity if you're a longer term swing holder like me. This chart must hold above the 1500 level to bring interest back. Thanks for your comments and further insights. ________ The bull pennant is a bullish continuation pattern that signals the extension...