I believe Lumen will reclaim it's $5 price _some_ day. I don't know when, but some day. The internet could not run without Lumen and companies like them. I don't see them going anywhere. The stonk is up today on the news that James Fowler, Executive Vice President and Chief Technology Officer of Nationwide joined the board. This is a patience play, I'm long-term...
This is a Bearish perspective. Some might see a bull flag IF this price action plays out like this, however, it's possible that we could see lower lows in the form of a "Bart Simpson" pattern. Complete Speculation, but saving this idea in case the scenario plays out.
Quite the long-shot macro idea here. Looks like a H&S; is forming - if so, short from the right shoulder, DCA'ing into the position. Exit near the bottom of the triangle. After the price breaks out from the triangle, there could be fireworks to the upside, after a test and retrace. This is entertainment for me, this is not a serious post. DYOR.
This structure could be a diamond top. If it is, I could see prices falling to either of the two zones indicated in blue. Each of which happens to be previous zones of support and/or resistance.
What is a Falling Wedge ? A falling wedge is a bullish chart pattern. It typically occurs during a downtrend and is characterized by converging trendlines that slope downward. Here are the key features of a falling wedge pattern: Trendlines : A falling wedge pattern consists of two trendlines. The upper trendline connects the lower highs, sloping downward....
I've identified what I think are key support/resistance levels for Etsy. Should supports break, I've indicated where prices could go next/lower.
FTM is going parabolic. What goes up, usually comes down. Only short if you see a confluence of Bearish indicators.
A 40% drop in price seems unrealistic, however if this structure is indeed a bear flag (blue), then we could see a new low for the athletic performance apparel company headquartered in Baltimore, Maryland. That low, around the $3.40 range would form a trend line in confluence with previous lows in 2017 and 2020.
Looking back on LULU's price history, it once dropped similar to this, both price and RSI, and the dip/correction was copied using the bars pattern and applied here. The pattern fits perfectly with the blue support line. I am not long or short this security, I simply want to track my hypothesis.
Relative to BTC, ETH hasn't had another ATH. Should this happen, and I'm not saying it will, these are the levels I'll watch. I haven't yet thought though the implications of this from a marketcap perspective.. who knows, this may not even be possible, but here it is anyway. w00f!
what are the chances that price breaks out, retests resistance and goes to the moon? Small I'm guessing.
This could be a massive, massive 5 impulse Elliott Wave pattern.
Price action moves violently away from 30k. I'll post more thoughts on this later. Just putting the idea out there for now.
This structure looks like a cup and handle to me. I've indicated a key level of support and resistance with the blue lines. Here are some tips for identifying a Cup & Handle pattern: Cup Formation: The pattern starts with a rounded bottom (the "cup") that resembles a "U" shape on the stock chart. The left side of the cup shows a downtrend...
Roku is a brand of hardware digital media players manufactured by American company Roku, Inc. They offer access to streaming media content from online
As a NEAR holder I hope this doesn't play out, but I've charted what I consider to be a "worst case scenario" and I'll ask myself, if this happened, how would I play it? NEAR is a simple, scalable, and secure blockchain platform designed to provide the best possible experience for developers and users, which is necessary to bridge the gap to mainstream adoption...
Do I see a triangle continuation pattern forming? (in red) I say speculative view in the title of this Idea because none of the patterns I think I see have completed yet. As a trader, you have a higher probability of trading after validation/confirmation of patterns rather than anticipating their completion. But it's fun to speculate sometimes : ) We could...
Could this be ETH's price channel? If so, we could see prices over 10k this year, and even more unimaginable prices into 2025.