Looking back at the big picture that bitcoin is putting up, we are seeing a rising wedge forming. The end of this rising wedge is putting itself at the end of Sunday EST. Normally after a rising wedge the market pattern calls for a significant correction so be careful about buying in to this rise late into the weekend and start considering taking profits Sunday...
POE is on the verge of retracing its entire market movement. It is forming a falling wedge and is looking for a new support line other than its original market movement. POE just passed its last major possible support line at 458 and I believe will find it before it hits 324. It will probably find it sooner rather than later. It is looking for a strong pop or a...
When looking at the AST chart we seeing a falling wedge that has been in place for a little while. It is going to be looking for a strong support soon at either the 3500, 2900, or 2500 range. At one of these support lines I would expect to see either a small/decent pop or possibly the start of a new market cycle.
Cardano has been doing this falling wedge for over a month now and is finally showing support at the .000025-.000026 range. I would be looking for it to possibly make its next pop off or new market movement pretty soon.
