I was surprised to see recent action following this random(?) trend line I drew 1 year ago. It's equally spaced from the upper trend line that closely follows some of the past action near lows.
Probably a random coincidence, but perhaps has some value.
Hello dear friends,
I've been searching gems for weeks during this crypto bearmarket and I think I've found it. It is CyberFi. The daily chart of this coin speaks volumes about how bullish it can be the next weeks or months. It has built a lot of bullish divergences on the daily RSI. And has made lots of bullish divs on the Marketcipher. It has wicked 2 times...
After hitting all time highs of $3 trillion, we expect to see a minimum $6 trillion of market cap within 3 to 6 months. 10 Trillion dollars incoming.
I’m a big believer that it will probably trade sideways after $250 trillion market cap, similar to how gold trades today.
Market cap keeps getting rejected by the 4H 200 ema, below the 21 weekly ema. Consolidating in a distorted descending triangle wedged in the volume profile gap.
RSI in a triangle, while CCI is more bearish below a descending trendline.
A breakdown of the triangle will shave off 500 billion from the market.
Being rejected by the 21 weekly EMA and the descending trendline that it failed to breakout from. Failed inverted Head and Shoulders. Below the 4H 200ema. Below previous range support and penetrating longterm support. The 1 trend Fib extension is confluent with the 3.618 indicating a possible target.
Breakdown of the RSI and CCI trendlines. RSI has plenty of...
Sector Rotation from Small Cap Growth to Value -
IWO: the Ishares small-cap Value ETF
IWN: The Ishares small-cap Growth ETF.
This chart plots the strength of Value vs Growth - if its trending Higher Value is in favor by the markets. If it's trending lower, Growth is in favor.
$ICLR may represent a buying opportunity on this pullback. Health care, specifically large cap health care like this one tend to do well in deflationary environments and with the Fed signaling 3 rate hikes in 2022 it may be an opportune time to get positioned.
It will be useful to follow altcoin dominance while following the price movements. Descending wedge is broken and the dominance clings to the support. Its rise to green striped levels will show itself as an increase in altcoin prices.
Altcoin fiyat hareketlerini takip ederken dominance da takip etmek faydalı olacaktır. Altcoin dominance düşen kama kırılmış ve...
Given the growing demand and the ever-growing altcoin market, we could regain some luster for bitcoin to the order of 79k - 120k. Then this will allow us to have a huge alt season that will bring all the useful altcoins into the traditional markets and the crypto market will no longer be seen as the one in the dark zone. (This will all play out if we get a TOTAL...
Lightwave Logic, Inc. is a revolutionary company that has commercialized electro-optic photonic devices made on its P2IC technology platform. Despite dollar strength potentially weighing on small caps we believe this may still have some energy left ⚡️
Using Logarithmic Regressions and the 155 day moving average as a floor... and top cap model for a max, we can see the range that BTC is bounded by. As a supply shock is hitting Bitcoin, I am expecting a break through the $100k mark by year end.
#BTC #Bitcoin #100k #LogarithmicRegression
TOTAL index has been in a short-term daily uptrend since October 2021.
The price has currently rejected down from the horizontal resistance (top yellow box). A double-top price pattern has also formed in the price (september 6th and october 9th).
Bearish scenario: price falls below $2.24T, $2.14T down to $2.00T.
Bullish scenario: price breaks above $2.4T and...
If you follow me by now you know I like to play around with fib circles. Not a big fan of fractals, but this one fits pretty well, so I thought why not share it.
With or without the fractal crypto does look setup for a big pump coming into end of year, which could perhaps continue into next year as well.
You can also see the channel which is pretty well...
Important things to note:
The basing pattern can been see in a lot of different altcoins depending on their release.
There is a strong basing pattern followed by the formation of a handle.
I have created the target if the pattern completes.
Target is depth of cup added to the top of the cup.
543 + 922 = 1456
This target will represent the boom of altcoins during...