I'm feeling good about this PA here, Just the hourly LTF look a bit overextended. But I think the LTF can lift up 4H and hopefully daily charts. This would really pump the stock, it is so completely wrecked here.
looks like a bear flag formed, I think more downside here, just keep buying this won't last forever & LINK will hit $55 TP after this last shake out IMO
Back in this super risky penny stock, nice volume today, 187million and oversold conditions have my spidey senses tingling
So, just by trying something I noticed how well it aligned, so here are the spuuts, lets see will it stop following it right after I post it :)
LINK / BTC is consolidated under 236 fib retrace lvl while also testing the daily 200 ema repeatedly without a successful break out above. At the same time the USD pairs r sitting at ATH's. I just cant help think LINK will explode soon.
Here we see our Bitcoin weekly chart from Bitstamp . I called 52k a couple weeks ago based on our fib extensions . 52k was near the 2.618 fib and sure enough it hit . I'll link that idea below. Can you see that white star on my chart ? That's sitting right next to our 3.618 fib extension . And this one now sits at 72220 area , that's our 3.618 fib . Above that is...
Here we see our weekly Bitcoin chart which earlier hit close to 45k which was a previous level I predicted in a recent chart of mine I'll link below . But if you see that black arrow on my chart it is pointing at the 2.618 fib near 52264 which seems like it could be our next stop before further moves up . This isn't necessarily a straight line up ! But seems we...
The USD pairs have been strong so I am thinking the BTC pairs have been lagging and need to catch up,. BTC.D has a big move incoming so obviously LINK & all the ALTS will most likely suffer when BTC.D decides to break up and form the right shoulder on the gigantic H&S pattern forming on the daily. (attached my most recent Dom chart for you guys as well) So either...
Look at the Trend Based Fib Extension from the 2017 low to the 2018 high. The resistance from that is literally at $250 or so which is going to get broken very soon. The real pain here is not a 80% drawdown, but selling your bags before a 10x.
got beaten to death for no reason on earnings last week. making higher lows which is always a good sign, getting closer to breaking out of the bull flag. It looks better going into next week, but if my technical analysis stands, $200+ by late march/early April... and then some as it makes it ways back to the pitchfork median