A rapid rally since March followed by a strong bounce off the correction, within a parallel channel. Could be setting up for a new wave or double leg taking it well beyond July top. Possible large inverse Head & Shoulder formation. Multiple positive outlooks.
Price coiling on low volume inside ascending triangle near ATH : indicative of powerful move coming. The entire chart looks somewhat similar to Chainlink between January 2018 and June 2019. After which Chainlink took a 3.3x move from ATH. A 3.3x move from this ATH would take Haven to $12. A move that also falls within the fib extensions displayed on the chart....
Just having fun with it. Overall direction will depend on market (s&p 500)
RSI play: Long Above 50 RSI. See line. Twin 0.618 retracement and twice strong support on hourly 200 MA . Could see further movement up. But not long until support is retested on moving average or diagonal support line from September and RSI sees break from 50.
reason in a blow off top exceeding $75
Twin 0.382 retracement coinciding with a channel support line. Crayon has a habit of extending 1.618 of previous run before a correction (wave 3 = x1.618 wave 1), ranging back to 2018. If these extensions were applied to Wave 3 and to Wave 1→ peak Wave 3 and with a target being the channel resistance it would lead to a target somewhere within the red bubble in...
Self Explanatory. Target flexible (Calculated Wave 1 = Wave 5). Prioritize channel resistance.
Twin 0.382 retracement. Price decreasing on falling volume (7 october).RSI underbought at $169. Could be preparing for a double leg to $240 region. Fan favourite brands have the ability to do amazing things. Read:Tesla
Multiple cup and handles testing the line of resistance at aprox 38. Long at breakthrough or consolidation under resistance.
Confluence between rising wedge and resistance at a 47.00. Strong reject. Could retest rising support line before next breakout attempted. Long at breakthrough of resistance at 47.