Prediction: Drop down to 42k-37.5k per BTC, then back up. Purple solid channels indicate short term R.S.I Divergence, the larger red lines indicate the overall relative strength index chart divergence. 111 days from bottom trend line touch to upper trend line touch, 40 days left . R.S.I Chart Divergence seems to occur only when hitting the upper trend...
Bitcoin (and the entire Crypto Market) has seen a drop in price. BTC is currently seeing a fall similar to the one seen in May 2021. Taking a Bars Pattern, Bitcoin could see a drop down to 44-42k. The R.S.I is also trending down, foreshadowing a continued decline, as seen in similar relative strength index patterns. Taking a Bars Pattern (red bars)and...
Bitcoin has been following the copied bars pattern, black bars, since September 29th, (related BTC published idea linked below). Price is also trading nicely with the Ascending Channel (blue zone). BTC is still on track to 100k, following a rounding bottom, (refer to the linked image for further details). Price target should be reached by December 31st, 2021....
Algorand has finally broken out of the sideways trading it's been tracking on. Algo is now tracking on an ascending channel, leading back to $2.39. Price $2.49-$2.60 within range by Mid-December. Algorand is also trading nicely within the top bounders of a Fibonacci retracement pattern at the moment. support at $1.94-$2.00. related published ALGO idea linked...
ADA is trading nicely within the Cup and Handle pattern, hitting the bottom of the trendline at the moment. Expected uptrend (from current pricing) would be nearly 20% increase (top of the rectangle-resistance zone)! Refer to the linked idea 💡 for detailed descriptions. Relative Strength Index is trending down, implying a possible (impending) breakout....
Algorand is still trading sideways after forming a Large Bull Flag Pattern (blue triangle) after seeing an increase of 187%. ALGO is now stuck in the green rectangle ( resistance zone ). Breakout expected to the upside, with a price target of $2.49-2.60 per Algo. The relative strength index was also trending down (during the formation of the Bull Flag )...
Ethereum is positioned for a strong move (seemingly to the upside.) It has previously showing an Ascending-Broadening-Wedge chart pattern (with a downward breakout) which lasted for several months. The volume for this Broadening Wedge pattern also showed as some-what irregular, but had an overall trend upward. Eth is now showing signs of a descending triangle...
Shib recently broke out of a symmetrical triangle/large bull flag (blue triangle). Taking a copied bars pattern from October 23rd to October 25th (yellow bars) Shib might reach the price target of: $0.00003540 per Shib by October 27th staying within the parallel orange line. The relative strength index has seen divergence (allowing the breakout), a similar...
Doge is trading within the traditional Fibonacci retracement levels and more recently is showing signals of a symmetrical triangle pattern. Price target around $0.35-$0.40 with resistance at $0.44. A touch down to $0.21 is still possible and would benefit the breakout overall. A touch near the pink circles would be ideal. A rough deadline for the breakout would...
Doge is breaking out of a symmetrical triangle, and the R.S.I is reflecting this move with a downtrend (now seen as breaking upward). staying above the orange line seen on the R.S.I Chart is ideal (but not necessary, as R.S.I Divergence would signal an even more Bullish trend). Doge is also trading nicely within classic Fibonacci retracement levels, and is...
AMC is trading within a symmetrical triangle/large bull flag pattern (blue triangle/yellow lines.) The relative strength index is trending down (signaling an impending breakout). Pink circles indicate touches on the trendlines. Price target (within reason) is the previous high of $73.00 (green dotted line). *the bull flag doesn't meet ALL of the requirements (but...
Zooming out on the 1-day chart, Doge is forming a nice cup and handle pattern, with an expected "handle" coming soon. If this pattern continues, using measuring rules, DODGE could reach $0.95-$1.20. In blue is a smaller cup-n-handle that usually forms within larger cup and handle pattern (small-blue "handle" expected soon). Also seen is a purple curving...
Algorand is stuck in a sideways trading pattern (orange rectangle) after forming a large bull flag pattern (blue triangle), which formed after a rise of 187%. Support at $1.70, which is also the retracement line 78% (if fib. was started from $1.56). expected touch on the bottom of the orange rectangle, with price breaking out of the sideways trading unknown....
AMC is attempting to breakout of a Symmetrical Triangle, with the relative strength index trending down overall. Taking a copied Bars Pattern that has similar R.S.I Patterns leading to the downtrend currently. For example: January 27th, 2021 to June 02, 2021 (the breakout) and adjusting the pattern, several scenarios will provide options. This pattern is also...
Shib has had a tremendous run up, with nearly a 100% increase within the past 3 days! Taking a copied bars pattern, price can get near the 0.00010000 price marker. The relative strength index is seeing a divergence from the pricing chart, indicating a bulling sentiment. Price is also running up the parallel orange lines (rising channel). Resistance at 83% for...
AMC 2-day prediction: Price should stay within or above the green triangle, the R.S.I should stay within or above the green triangle as well. Price should then follow either the black or purple bars pattern (ideally). related published idea linked below:
AMC is at a low of $35.95 (pre-market). Placing an order at or near pre-market will assure the lowest price before the breakout. A breakout of nearly 30% by weeks end is within reason by placing a bars pattern (black bars) copied from: September 13th, to September 20th. The key is FLIPPING the price trend, this would also account for the R.S.I reaching or...
Quick Trading Journal Entry: Uptrend expected, to the upper line on the orange rectangle-condensed trading zone (resistance at the blue horizontal line, 0.76417 ). Major resistance at red horizontal line (0.78422). Expected peak of the uptrend, around: October 31st , with the relative strength index peaking at the 80% marker. The R.S.I also broke out of a long...