STRONG looks like it could test $800 before retracing. If you look at the wide picture it sure does look like it's on it's 3rd Leg of the impulsive Elliot Wave. By theory, the 3rd leg is always higher than 1. The other scenario is that it fails to break $700 and we dip back. Overall, it's going to look really bullish for STRONG in the long run. NOT FA/DYOR
I'm really bullish on $PRE heading into the new year. Mainnet is around the corner and a cup/handle is slowly forming. MACD AND RSI showing strong signs. We could see .59 on a breakout and .84 as our primary target. NODE holders will be happy in 2022 i believe. :) NOT FA/DYOR
$FTM breaks out and RSI is approaching 70. Very bullish. I expect FTM to reach 4.26 on this next bull run. NOT FA/DYOR
Looks like $PRE is likely forming a cup & handle. I see PRE retesting .44 ATH. Bullish RSI readout.
$AVAX about to test resistance at $127. I see it testing ATH and forming a cup & handle. $AVAX looking bullish on MACD and RSI shows possible breakout signals. NFA/DYOR
Quick breakdown - Looks like STRONG is heading to $387. These support levels don't look that strong. So $366 remains a high probability. And if that breaks then $290 is that much probable. Good entry points either way. NOT FA/DYOR. Happy Trading.
If we get a full candle below $450 support levels then we're likely headed toward $366. Next couple days will let us know. MACD/RSI remains bearish. NOT FA/DYOR.
Looks like $BLOK is forming a small cup/handle. Bullish signals on MACD/RSI NOT FA/DYOR.
Looks like $STRONG is holding steady at the 200EMA. My only hesitancy right now is that the RSI appears it could go past 20 leading to a further drop in price action. But this won't happen unless we start having full red candles breaking the 200EMA support. If price action can hold above 200EMA then we're likely at the bottom of the correction. Next few days...
$STRONG is about to cross into the last accumulation zone. It will sit at this resistance level of $570 and probable break further down. I think the bottom sits somewhere between $500 and $525. This is where you want to buy if you're looking for an entry. Is it possible that it drops lower? Only if the 55EMA crosses the 200EMA. Otherwise the price action will...
I believe we have one more leg up on $BTC before any correction begins. MACD and RSI are still strong. NOT FA/DYOR
STRONG enters accumulation zone 1 and I expect it to sit here for a bit. There is a good chance it goes to $650 and consolidates within this region. I can't predict how low it might go but if I had to guess we could see 570ish range. NOT FA/DYOR
If it breaks $66400 I see $80K+ and price discovery. WOW...just wow.
Ok. We are in a new Elliot Wave cycle for $STRONG on the D chart. Stage 2 - bottom of the sell off and has good support on the 55 EMA. $750ish range Stage 3 - Next move at $890-$960 before breaking down again Stage 4 - TBD Stage 5 - Next bull run is still days/weeks away so be patient. Also, it won't go in a straight line either. lol. NOT FA/DYOR
We should see a few more days of consolidation in this range. Once $PRE breaks and stays above .29 expect a run to .59. Patients. I love using the Elliot Wave. We are now completing the 4th leg. RSI about to cross 50 and MACD about to converge. Onto the last one.
Looks like $OHM is about to complete it's 4th leg of the EW on the D chart. Expect a big run over the next few weeks. I see $1900ish as the ceiling. Exciting times for $OHM. NOT FA/DYOR.
Looks like cup and handle is forming for $OHM. $1500 could be on the horizon.
Well, when it broke out of the wedge it created an upward trend channel. Now it's facing strong resistance at $900. Looks like momentum is slowing down and a retracement is in play. Look at the likely scenarios. But it does appear we are in retracing mode. I'm waiting for a good entry point and as we you can see scenario 2 and 3 are good. NOT FA and DOYR.