Pretty obvious charting. If we break the prices that we encountered in May then we are in no man land with no resistance, I see us doubling from ATH easily if those prices are broken.
NOT FINANCIAL ADVICE.
1.1. RSI (14) : A Double Bottom has been formed
1.2. RSI (2) : A HH & a HL has been formed
1.3. Positive Divergence: RSI (2) since 26 Oct 20 so far has a positive divergence
1.4. SRSI seems to have made a triple bottom.
2.1. RSI (14): the same is true about daily RSI
2.2. PSAR: It is going to breakout up the...
ALPHA went on longer consolidation and now if offering another try to the breakout out of the trend. A lot also depends if Bitcoin doesn't decide to crash.
Nonetheless there is a a chance we see another stop-hunt bellow the recent local lows.
Managing risk accordingly is always required
DEFI tokens trending...
maybe C is a lil high for an actual harmonic but look at the resistance at B...i ike the higher lows after each rejection. if the market stays like it has been...i could see this going back to C and beyond. idk what aplha is or does either, but i like the chart so i'm still holding. next fib nevel is just over $4 if one wanted a second target. no edge on the...