Fib confluence. Trendlines. Double-top. Fib timezones give us September. Get read. September: SOL will go to $85
SOL is currently exhibiting signs of bearish continuation after failing to break above key resistance. We see a possible double bottom forming around the current price level, indicating a potential test of support at $115. Price action has been consolidating after a recent decline, potentially forming a double bottom pattern. Fibonacci retracement levels (not...
I think it would look something like this. Look, we have some nice fibs. We have a nice bullish pennant. Support lines, resistance lines. Now all we need is for reality to catch up!
Bullish pennant is forming with a likely upward breakout. Fib-levels align at $8. That would be the first take profit. It's a pretty self-explanatory chart, you guys can figure it out.
We've met resistance and recently seen some strong buying on this 5-year trendline. If it continues to act as support, then we might see a good bounce from here.
Price has painted a nice gartley, and you can see this long term triangle being formed. There's actually two triangles here, and depending how bullish it is, either the yellow one will act as support, or it might try for 0.17 again, but that would be like a 50% drop, so probably not. Fib extensions have given further upside resistances.
If we break up out of this triangle, we might go down and re-test support, then continue up to the first major area of resistance around $1.60.
100 is a good number. There's some fibonacci and psychological support there.
I've got a good feeling about this one. Look at the fibs man, and the angles.
Fib channels give fun results. The price goes places. Sometimes up. Sometimes down. This double-top on this scale looks unprecedented. It could be forming a rising wedge.
After testing the 59-60k resistance, BTC will fall further and eventually bounce from 45k (or maybe 48k).
Watch these ~1.45 and ~2.00 USD levels as we remain in this ascending channel .
NuCypher work-lock released today, resulting in quick sell-off. If and only if 0.54 does not hold, then 0.44 is the next support level, followed by 0.32 which is less likely but also possible. Previous idea's triangle seems to have been broken down, though we remain in the downward channel. Idea is linked below. If NuCypher ever decides to be bullish again, the...
Of course we'll see a pullback initially here - it's nearly vertical currently. After that it will continue, but how far depends on how overbought it's willing to go. I see this 9.5 - 9.6 area giving resistance - then we also have (to some extent) the 11.6 area, then 13. Later on 16, but I'm doubtful that this run will make it to there, or even...
The upper line of the descending channel pushes down, though we're held up by the lower trendline. The two converge here at the end of a triangle. From here we go up to at least test 1.49 again. Further resistances are highlighted. You figure it out.