Waiting for possible strong breakout of 0.0620. Bull consensus: Pitchfork, weak fib retracement, last bull leg is the strongest, Gann, Hull, Hull MACD, Hull channels. Also fundamentals.
Consolidation period is about the same as the first bull leg? ( with time off for the holidays)
dtpace
⋅
Timeframe wise when do you think this will play out?
reggytrades
⋅
@dtpace, the high correlation w/BTC will likely continue. Lots of GeoPolitic impacts from the wars in Middle East. Impossible to guess. Am just setting up the alerts.
@reggytrades, I like watching the RSI, and sentiments. Where do you think the coin can top off in the next bull run? Can you see 1$?
reggytrades
⋅
@dtpace, Sorry for the delay, I just got back. See attached chart: The bull leg of nov21 has comparable volume to the current bull leg, the Sto-rsi plots of 20 and 50 period suggest a continuation to the AB=CD target of 0.1087? On the weekly log scale a three drive pattern targets $1.16 to $2.22 by dec24?