MACD coiling Halving 2024 ⏰ $10,000,000 by 2029 Fool me once...
Last halving we went from around $600 to $20,000 in two years. That was absolutely insane and crazy back then and this idea is equally crazy today.
We could see a death cross as the 200 daily moving averages approaches the 50 daily moving average. However, the MACD suggests that we could see a bullish crossover so maybe bitcoin dominance will bounce off of the 50 daily moving average. Either way, I see something significant happening soon. Thanks
IOTABTC which is up around 30% so far in January has broken above the 200 day moving average for the first time in 10 months. The idea of Coordicide is starting to be positively received by the crypto community as more people are understanding the plan and implications. Has the year of accumulation for Iota come to an end? Maybe..
Will this start alt season? I think...maybe ;)
The shorter MA crossed over the larger one making it a bullish crossover.
Let's see if this double bottom marks a bullish trend reversal for IOTABTC.
Volume supports the asymmetrical triangle pattern. Just in time for Monday. - upwards
There was no resistance on the way down so maybe we’ll see no resistance on the way back up.
As I’m starting out I feel I’m getting better at knowing when something big is about to happen. Apart from that I’ve got a long way to go. So what do you think will happen next? Learning from the beginning over here.
Iota RSI is below 30 and also at the most oversold since inception (according to Binance). If bitcoin plays along then we’re going to explode soon.
Iota is at the top of an ascending triangle ready to break upwards.
A bullish symmetrical triangle pattern has formed. The probability of this pattern being correct is increased by the coiling pattern in volume.
Hi. What do you think of this idea? A coiling pattern in the volume is coming to an end. It resembles the volume you see along side a symmetrical triangle pattern. PT $0.5
Following on from my last idea early today, "A Look at Iota on 2hr candle" we can see that the idea is playing out nicely so far. We can now also see that a bullish crossover is going to happen at midnight. This should kick off the weekend with a bang for iota. I expect to see iota start moving up to $0.5 over the weekend.
I believe a bullish convergence of the moving average is about to happen. Iota is also bouncing off the ichimoku cloud support.
Hi. This is one of my first attempts at TA and I think my first time sharing publicly here too. I'm here to learn. This is not trading advice.