thefindependent

thefindependent

Based on the ascending channel that BTC has been in since exactly a year, I am optimistically confident that we could see a breakout to above 70k in the near future. Alternately it is also possible that we retest the bottom of the channel in the 40s. If that happens I am planning to buy more. Also the middle of channel has a line drawn as well and I see BTC...

thefindependent

$ADA seems to be forming a near perfect symmetric triangle which indicates a breakout in either direction, but typically in the same direction that we were in before the triangle (long). This scenario played out very well with Bitcoin in January, though that triangle was over a longer time frame than a few days. The target for that triangle perfectly matched. I...

thefindependent

Ascending triangle with higher lows and a flat resistance shows buyers pushing the price up and getting stronger (buying pressure). Further the rejections are all happening at 0.22 showing weaker sellers. MATIC might breakout about 0.22 due to ascending resistance and the build up. 0.24 could be confirmation and possible entry points.