We have the descending trendline and FIB level about to potentially launch BTC in a bullish cycle. Keep an eye on the levels in the green box, dubbed, launch pad.
You can easily see the pattern - coupled with the low volume I believe a drop is immenant.
Presented is a wedge pattern with vertical lines of support and resistance. I believe we will continue to bounce within the progressively smaller and smaller wedge price actions until we see a breakout.
Shown in gold, the descending trendline needs to be broken for confirmation that BTC is going to continue higher.
So long as the Medium support level holds then we're still good to reach $57.91 in the near-term. RSI is on the rise Stochastics show way oversold
#Solana thesis is on track and IMO the best crypto investment vehicle on the market today - when you consider it's community, ecosystem, L1 and L2 structure, and other fundamentals.
We are still on for a huge wave up should the dust settle from all the noise. Keep your stops tight at this level and let's make some money!
Fell down to the golden trendline - a huge area for support. Let's go #Solana!
I'm waiting for the pullback to $42 or lower before jumping in on a long position with my first target of $50, second target at $57. What do you think?
#audiousdt pairs are from the Audius platform which is an L2 ecosystem project on the #Solana project. The #Spotify on blockchains.
#BTC bullish trend is still in play. Keep trading the zig-zags until we see an obvious deviation from the ongoing pattern.
I think those #Solana investors waiting for $126.00 will find they've missed the train. Do you agree?
I'm predicting an ABC chart pattern that utilizes Fibonacci Retracements, time intervals, and other factors to help identify a good #swingtrade setup. We all know #Solana is going to continue to rise and this is my strategy.
RSI shows it didn't even bounce off the 50 line (yet) and there isn't a volume divergence. Looking good! The daily candle needs to close above red
We could have established a zone of consolidation. Watch the zones of support and resistance for a breakout. Eyes Major #Solana event is occurring in the UK in early November which will cause a new pump.
With Telsa nearing the FIB and grinding up on the top of the ascending channel - risk/reward doesn't add up for me. I would wait until we have a correction before going long. This could be a good place to go short.
#Solana forming lower highs and following the descending channel. We need to break out of $150.00 for a confirmation of a bullish cycle change.
I'm a long-time bag holder of Strikeforce Technologies, inc stock and am looking to get out at the $.41 cent area as my first target.