The other black support line couldnt hold the price but now we will have the Red support line , this line alaso hold the price from further drop around $56,000 ... also if it hold ( I am optimistic it will ) and we see up in price and can break the resistance line ( the upper green line) then we should have THE CONTINUATION HEAD AND SHOULDERS PATTERN -Target...
ADA is toutching the green support line, will it hold ? will see ( there should be huge potential in ADA when time comes IMHO)
The black support line hold the price from further drop around $56,000 now we are reaching the same black support line, will it hold? I am optomistic about this, if it wont held then the other important support is the green one ... also if it hold and we see up in price and can break the resistance line ( the upper green line) then we should have THE CONTINUATION...
the possibility of the bullish Pennant ( flag) as a classic bullish pattern - ...normally we need to see high volume after breaking up the flag ( pennant) which we see now ... if the recent decrease a pullback and we resume upward , then Target can be around $0.1 ( size of the flagpole) ( IMHO)
to the target of THE CONTINUATION HEAD AND SHOULDERS PATTERN -Target around 0.000017
the price is now moving in the upward channel and should be a profitable entry if anyone like this one ( IMHO)
upward channel - 20 days EMA and short term black resistance line are both broken up I am very optimistic of ADA from now ( IMHO)
the black support line couldnt hold the sp from falling, now the question is will the 2 green support lines reverse the sp move and prevent the further fall ?
we are seeing the formation of THE CONTINUATION HEAD AND SHOULDERS PATTERN with target around 0.000017
BTCUSD facing two support line, the 2 lines are reaching together almost exactly where we are , the questions is will it hold? it can be a buying opportunity if they can hold BTCD from falling ...we will find out soon :)
Dro looks all in order for the channel target $1.6$ after a pullback to the channel upper line...
just bought few today purely technical reason as the back support line seems valid and might hold the SP
we are seeing the possibility of the bullish Pennant ( flag) as a classic bullish pattern - ...normally we need to see high volume after breaking up the flag ( pennant) ... if confirms then Target can be around $0.1 ( size of the flagpole) ( IMHO)
as expected we had correction after hitting $100 at the upper line of narrower channel...the lower ( support) line of the main channel held and we have positive upward movement today... although the upper ( resistance) line of narrower channel might hold again but also there is a chance this time we go to the upper line of the main channel , I hope we see more...
we are still in same upward channel ... actually there are 1 narrower channel inside the main upward channel ... as long as we are in the main channel I think it makes sense to hold... its too risky to sell as you might be left behind...we might have small correction when hit the upper lines of the 2 channel but the correction might be small also there is a chance...
most likely we will see the cup & handle on bitcoin ...as predicted we are having small corrections as should most of the cases happens which would form handle and then the target should be around $280k... if we conisder this target would happen when we hit the longterm red resistance line and then this should happen near nid 2025 ... its possible to get the...
most likely we will see the cup & handle on bitcoin ... we might have small corrections as should most of the cases happens which would form handle and then the target should be around $280k... if we conisder this target would happen when we hit the longterm red resistance line and then this should happen around April- May 2025 ... its possible to get the target...
we are still in still in bullish channel , the excellent fundamental should support higher prices :)