Using the FFT and Hurst Cycles on the 1 hour
Testnet launch of the decentralized storage and web hosting solution planned for this Q4, incredible undervalued project ahead of any competitor in development. If roadmap is achived this will skyrocket hard so I will not miss the chance, and spread some buys from 7k to 4k.
Downtrend is being defeated as we speak. Clear accumulations across almost all alt coins. Squeeze Momentum has been heavily diverging for months on every downward drive, supply as been absorbed and markup is imminent. Should breakdown occur, expect an extended crypto recession.
Description in the picture. Thank you
It looks like we are watching the creation of a stop cross as it happened before in all major direction shifts. It is visible on the weekly chart.
Shift would possible take off with most of the alts. We might see ATH in the following weeks.
Shift ( SHIFT ) · Loop A.I. Indicator: Positive market sentiment rapidly increasing. Buy volume slowly increasing. Signal: Likelihood of price increase: 69%
$SHIFT has been playing a downward falling wedge handle for the wonky cup it finished. We hope to see a nice bull run when it finally breaks the wedge. We might see a bounce down and then up at the ichimoku cloud
Adam & Eve bottom formation, broken resistance line and retested it (marked it with arrow) and these three events happening in between the two major support levels. On weekly, RSI is bottomed and MACD losing bearish momentum. I see a big long opportunity looking solely to TA. Fundamentally, great coin but I have to admit that I have some doubts. I am planning to...
Following the strong rally, from $0.5 up to $13, Shift corrected down very sharply and lost 87% to USD in a matter of 5 weeks. Currently, the correctional move down was stopped by the 88.6% Fibonacci retracement level, while price failed to close below it. Additionally, SHIFT/USD testes the major support at $1.6, which has been previously acting as a resistance...
SHIFTBTC is looking good coming out of the new year's market correction. Stoch RSI and MACD are bullish. Short term trend lines are showing a possible breakout on the 1 and 4 hr asymmetrical triangle as the long term trends lines are showing fast, albeit volatile growth. SHIFT maintained its previous support levels throughout this downward trend, while only just...
$SHIFT appears to be forming a nice symmetric triangle on the 1 day and 4 hour charts. That, in combination with the current short term pattern of higher highs and higher lows, Stoch RSI and MACD turning up (as a confirmation), there is reasonable potential of an upward breakout. I want to stress that the breakout isn't a lock to go upward, but the signals I'm all...
Following the previous idea on Shift , it has reached the upside target at $9.34, that is 327.2% Fibonacci retracement applied to the previous all-time high. The $9.34 level was not only reached but clearly penetrated and price continued to rise, reaching $13. Corrective wave down followed and was stopped right at the 261.8% Fibonacci support level that is...
Downward movement is not over yet for me, though mid and long term ATH is on the way.