XMR slight dip supported by 1.87, then rise to 200, then 210, 235 then 245
We are indeed in the early phases of a bear market as higher level (weekly/monthly) timeframes on most cryptos have only recently entered bear market territory. I'm confident that we are poised for a large pop, which will be technically classified as a bear market rally. My sell target is around $3.60 on ENJ and I estimate this level to be achieved by early/mid...
wedge completed confirmed by technical divergence , I anticipate a bounce to $26 tomorrow and a bounce to $29 to $33 by friday or next week.
My bet is on the abc correction in red, but an alternative abcde blue arrow trajectory has been drawn out as well. My previous symmetrical triangle was invalidated as a continuation pattern and turned into a bull flag, which I expected due to the teetering and trouble at resistance, I"m open for feedback, thoughts etc..
Many were wondering what the catalyst would be to help propel us out of the crypto slump and though the higher level timeframes depict bearishness across the board, such as the Weekly and Monthly timeframes on most Cryptocurrencies, we are due for one last Santa Clause Rally. During the day earlier today, the Fed talk caused a precipitous drop in the VIX and it's...
28-28.50 should come fast, shooting below the trendline depected around 28-28.50 shouldn't have happened, there was manipulative selling causing a bull wedge and a short squeez to revert is underway (evidenced by a daily bullish piercing close) - We should be at 30 right now, I think we get back up to 28-30 quickly, my sell target zone before a reanalysis is 34 to 38
short term long RIOT levels with sell target zone 34 to 37, line in the sand zone where I begin buying put options probably towards the end of December 2021 will be 37 to 40, long until 34, hold from 34 to 40
possible short term bounce towards 40 coming , obvious manipulation to keep this down, between that old hag warren buffet down-talking something he has no clue about and inflating Apple Stock, to Wall Street downplaying Crypto - there's an obvious agenda but I see a bounce soon nonetheless
Short Term fall will create second chance buying opportunity. Once we break that upward trendline and close above it for a period, intraday and daily, we will thrust towards 3.19 and ultimately 3.40 to 3.50. Sorry for the busy chart, I'm not an artist. Also,we are finalizing a very short term intraday falling wedge which confluences with a trend line resistance...
load up now hold until 39/40 or sell atr 33 and buy back at 30-31 and hold again until 39/40
key support about to boom towards $40, my expectation is $60 by the end of Q1 2022, long calls end of december will ladder my maturities from there as it moves up.
just my thought on ETH in the short run - We should fall to 4100-4200 then rise towards 4400-5k
falling wedge be carful, we may get a santa clause rally and correct with the market as well towards $80 to $100
take it how you want, getting close to that level 4500-5k
Bearish Head and shoulders still in tact 4500 plus is an invalidation zone, we have a small bull head and shoulders within it but daily and 4 hour stochastic are approaching overbought, Weekly is oversold but oscillators at that level are less reliable and they can stay oversold for a while (a little bit on the weekly is a lot on a daily basis)
head and shoulder retest 4454 then fall is the target
The catalyst after another fake out SPX rally thats coming and will or may send us into the needed bear mode
downward slant bearish head and shoulders not close to done