This saying has been engrained in wallstreet for decades. So laying over the fractal of the last leg up gives an idea of what the next couple months could look like. The Monthly RSI needs to get up around 90 based on previous cycle tops but what exactly will happen. No one knows.
Bitcoin has history with this channel going back to 2015. Multiple bottom and top channel touches over an 8 year period. '15 to '23. #powerlaw #bitcoin We have a double touch on the bottom and visits to the top are actually more frequent over time. At the moment we are sitting towards the bottom around $45k suprissing to see on log that bitcoin appears to be...
So looks like a double top on NVDA on 3 day and weekly. I think we could hit the 200d/ma and it could take a year. Long way down. This stock has been super human over the past year though so who knows.
As always these can fail but looking at the size of triple bottom structure.. potential upside gets to around $32. Time will tell.
A couple of factors point to upside pressure.. These setups can always fail though. What I'm looking at is this BTC miner has lagged behind others but has upside pressure factors currently. US Bitcoin Corporation shareholders approved merger. Final by 11/30 hopefully. BTC on a run to 40k with potential ETF approval 1/10 Any news of fixing current mining...
Bullish Div on the Weekly looking Spicy. Fib target marked if BTC goes up I think Solana will. Let's see.
Its been respecting the TA like a champ. Top of this channel puts it around $12.. so it seems possible. DYOR .. could go to 0.
I seem to think so. Its right at the 1.618. Robinhood wallets and Elon accepting it for Teslas likely to be enough for a blow off top. Then again it can go to zero before that.. this coin has a tendency to drop like a rock after a run. Do Your Own Research.
Lining up BTC halvings with lowest / highest points see this trend. Distance to peak and bottom stay relatively close. This is just an update to the dates/calculations. I posted an earlier version of this chart last year. If you look at the potential #'s it could reach in the next 4 year cycle.. its crazy.
Just an opinion.. looks bullish. If it can flip the current resistance to support I see a lot of potential upside.. if btc dumps we're probably going back to 80 cents
Longterm channels are amazing when you see how often the run/respect the same lines. 5 to 6k for a regular cycle looks possible.. 14k for a super cycle
Following its demand lines.. looking interesting.
If you. can't see it. I can't help you. Looks like it could Or zero. Not advice. Do your own research.
Based on the run BNB did. If Chainlink hit the same fib level it would be $125. Interesting. Not advice. It can all go to zero. Do your own research.
Neither long or short just showing previous resistances on weekly in yellow and daily in orange.
Wow.. Microstrategy just broke through a 20 year old resistance from the dot com era. Can it go back to 2k? We'll see. Not advice. Do your own research. Every asset can go to zero.
Channel for Tezos / XTZ. Looks like it is sitting on the bottom of the channel.