Happy Thanksgiving to all! After not being able to stay away from TradingView today, i have made a potential prediction for Polygon. After confirming head and shoulders, flipping chart upside down I see an upside down head and shoulders potentially forming. The Red line is the earliest i see it reversing with the lower green line being lowest point of reversal....
1/31/22 the last of the month. Had a low of 1.24500 High of 1.28100 Now at 1.27220ish. Best case scenario: Looking for a monthly candle close above 1.27230. For the month of February looking to break and close above 1.28475. Worst case scenario: Candle closes below 1.27230 and we begin a bear reversal. My position: currently holding long position from...
Long position trend seems to be holding. And weekly timeframe still showing an aggressive movement upwards.
As seen on the chart, since the week of 6/7/21 we have had a bullish reversal. Every attempt upwards has been met with resistance at about 1.28475 area. The uptrend gets more aggressive as it attempts the 1.28475 resistance once more. Could third time be a charm? With a successful breakthrough 1.28475, price could reach 1.29900 area. This is my personal...
In the 4 hour chart we can see a bull flag forming. Price action found consolidation zone between 4.47-4.95 before breaking above 5.00. Looking to blast upwards again going to see a dump again around 6.00 mark at least and hopefully consolidate above 5.50ish price. THIS IS NOT FINANCIAL ADVICE. MY PERSONAL GUESSTIMATE. GOOD LUCK EVERYONE AND THANK YOU.
*correction* i accidentally posted my last idea with the chart in the wrong area. Looking at the chart patterns, Shib is finding support in the Green channel which was formed at the beginning of the big rally in October. In the 4 hour timeframe, Shib opened a new candle right under the top of the channel. Shib is facing some resistance at the top. The point of...
Looking at the patterns, Shib is finding support in the Green channel which was formed at the beginning of the big rally in October. In the 4 hour timeframe, Shib opened a new candle right under the top of the channel. Shib is facing some resistance at the top. The point of interest to me is, will Shib be able to break past the resistance (Red line) presented by...
If new Day timeframe candle starts above trend line, we can expect it to continue being bullish. Not financial advice, just my personal analysis.