daily logarithmic time-frame: Fantom is in correction phase. probably 3 waves of correction will be. 3rd correction wave's target calculated with fibonacci projection of wave 4 from the impulsive big wave. go for short in daily time with the stop loss fixed.
Bitcoin is at a strong demand level where investors, traders, and institutions, will decide to accumulate or drop to its next support level BTC: Currently watching the 30k level for a bounce to test 40k We will most likely see some consolidation during an accumulation period between the 30 and 40k levels as we did in the summer of 2021. This could go on for...
Possible retest of support around $19, keep an eye on that tho . I'm seriously thinking we go lower before the end of the year. Still possible to hit $15 again. Nothing more than trends and a feeling. Up to you and link to work that out.
Based on EW, it seems like it will be going to wave 4 up, before going down. Some of the resistance identified is arrow. Be careful its like catching a knife, seems slow but can hurt you. TAYOR please do you own judgement prior to enter. If you are a bottom catcher, wait for the signal, can be by price action, or by trendline.
As simple as the title states. Currently Chainlink has been accumulating support around $25 for the past 24 hours. Reminds me of Sonic the Hedgehog spinning in place before Blasting off and collecting his Coins. Sorry, there is no indepth TA for this bit. Watch for a retrace to $28 to confirm additional support before we continue to an ATH. good luck and happy trading.
Keep an I on the possibility of this being an outcome for Chainlink. Even though it has been on a pure uptrend testing it's highs and lows and pushing forward. There is always another side to every success story. No matter what I believe, Chainlink will push through eventually. Keep an eye on resistance levels through the week. $27 specifically, if we find it...
OK so we're starting from scratch. Idea fell below $25. So now we're fighting that as resistance. No change in target to proceed further. It still is sitting at $26.80.
Just showing the possibility of a very near uptrend for Cardano. Sitting at the 1.18-1.20. it now has checked this area for support over and over again. This is the first time in a while forming a BULLISH triple bottom settup. Look for further upward movement going forward. Will we see our 3.00 again?. Looks possible. Good luck , hope you are all enjoying ur weekend
Projection of Links Wave Movent and its consistent significantl loss of momentum after every wave. Only at the beginning did it throttle through. Is this the next major push?. Possible collapse after $34 yet again. But looks like we may have the cloud in our favor. We'll see.
Currently @ $18+ look for another $6 increase to $34`ish, before retracing back to $16 for a retest of support. It is possible it will hold @ $19, just be aware it may crumble after it hits the $34 mark. Good luck and happy trading!! Hope you all have a great week.
Hi Folks, Wheat has entered a bull run with a 50/200 ema golden cross as well as a 100/200 ema bullish cross for the first time since 2010! The prior run was from 2010 to 2016. Bearish from 2016 until late 2020 where we first see some bullish crossings. These stages tend to last anywhere between 4-6 years so we should see some continuation. As far as the...
Projection from CF. Buy more, be more productive. ;)
I do not like what I see in this chart and I am really wish to be proven wrong by the markets. However, as it stands, it does look like BTC might be on it's way for a major drop in price. I plotted both a TD Projection and a Head & Shoulder pattern on the chart, both figures are hinting at a very strong possibility for a drop in price to less than $20.000. As a...
Small H&S forming , right shoulder completing with a possible low $1.20-$1.22. If this holds we will continue Bullish to $2.40 in the next week. Worst case scenario, be prepared if neckline breaks we could possibly see our $1.00. Though there is too much support around $1.20, I can't see that happening. Good luck and I hope you all enjoyed you new year.
ADA/CARDANO Looks to have a comfortable position settling around the $1.30 range. With recent trends and other Bullish movements, Cardono seems to be finding support and beginning its upward momentum back up to its previous all time high.in the next few weeks. Looking at a possible $2.90 area. And a retrace back to $1.97. Remember this is a LONG entry and becoming...
We're sting low at a support of 1.33 all day. Looks like ADA is slowly recovering with a possible break out to $1.40+ looking at the 30 minute time frame. Just my opinion.
Just projecting off of the previous high. Are we going for higher highs or looking at a double top and going back down ?
I guess we can say that Elon's offloading 10% of his shares was in great part responsible for TSLA's plunge of nearly 29% in the recent weeks and it doesn't help that US markets have also been correcting during this period. There are now a confluence of technical factors on Telsa' chart that gave conviction to Telsa's rebound yesterday: Telsa finally hit into a...