This current pattern of double tops appears to be condensing in the 7500-8000 range. Will be looking for another position around 7500 after confirmation that there wont be another bout of large selloff. Additionally I will be looking for the pattern to be mutating into something moire bullish while it is bouncing around in the flat zone that I am sure it will be...
The same double top pattern repeating again with similar market cap and volume as two periods ago. Patern also shows repeatition on rsi and macd and shows evident on volume profile . Looking to take some profit at 8500. Expecting a retracement back to around 7500. Sentiment is better and volume is coming back in so I dont believe it will retrace all the way back...
Just revision to my previous prediction. The time frame is actually reducing by 66% each repetition. There was a bottom on Apr 1. The next will be late on Apr 5 still believe at $6200-6300. The next Apr 7 morning likely around $6000 followed by another bottom late in the day Apr 7 around $5800 giving us a true double bottom to the btc bear market. From there...
White verticles represent previous and expected bottoms. The bearish trend pattern of bulltraps followed by double tops just appeared to me to have a very obvious half life as in the pattern is condensing by half its time span each time between bottoms. The being said, I am expecting the bottom of this current repetition to be on April 5 in the central purple...
CVC was forming a rounded bottom when the BTC runup occured causing it to runup as well. Now forming a slightly tighter rounded bottom that will converge with the larger one in May. Since it has a real life use case I believe this is a good indication thats its value will grow in the months/years to come.
New to this and looking for feedback. Just based on history and what seems to be overall coin growth ARDR is at or near the bottom of its rounded bottom pattern and do to spike at its 6mo period in june. Agree disagree?
Very new to this analysis thing. Looking for some helpful feedback. Just by looking at repeating patterns and general growth of the coin, it looks to me like ARDR is at the bottom of its repeating rounded bottoms and aiming for another exponential growth spurt on its 6mo period mark in june. Agree disagree?