ArminChiani

ArminChiani

as you see , IOTX makes 3 tops in every cycle . so I checked each one and found a pattern in it . to find the second top , we just have to use Fibonacci retracement , and as you see, all the second tops are at 161.80% . target : 0.28887 what do you think ? comment below . and aye , if you liked it , hit the like 👍

ArminChiani

first target is 161.8% of fib ----> 78 second target is 200% of fib ---->136 ATOM making a cup and handle before every rise , as you see. don't forget to hit the like if you liked it ! and tell me your opinions.

ArminChiani

just gotta wait and see what will happen. if the price could go upper than the local resistance line (the red zone) and the MAs , then rise is expected to the top of the rectangle. also price could drop from here to the bottom of the channel . so the things we waiting for are (time to buy): 1- price to break the trend line 2- price to go upper than MAs 3- MACD cross

ArminChiani

so as you see in the RSI , we have a channel , so depends what will happen there . if it break out from the top of the channel , rise is expected ... the first target will be the ATH , and then 161.80% of fib . we also have a golden cross , that can be a positive signal too.

ArminChiani

patterns are obvious on the chart. long-term target : 1545 .

ArminChiani

the 5th elliott wave is already started. targets are on the chart.

ArminChiani

gotta wait and see what will happen . targets are shown on the chart . I added an image of 45min time frame , and as you can see , we have two MACD divergences , and both could be a sign of changing trend .we also have a bullish bat pattern so I expect it to rise . but still have to wait ... if it broke the top of the rectangle , I expect the green way . but if it...

ArminChiani

elliott waves are drawn on the chart . the fifth wave's target is also in the chart . it's the zone between 38.20% of Fibonacci extension and 261.80% of Fibonacci retracement.

ArminChiani

as you can see , Algorand has made a huge cup and handle pattern , the handle has been made . Don't forget that it's just an analysis. so there is no "guarantee" for it to rise.

ArminChiani

elliott waves are drawn on the chart . the 5th wave is already started. targets are also shown on the chart. we also have a golden cross. tell me what you think.

ArminChiani

it's just my idea , pattern is shown in the chart . AAPL still bullish in my opinion.

ArminChiani

chart shows you everything . as you see , we have MACD divergence . also a bullish triangle is being created .

ArminChiani

tell me your opinions . patterns are obvious on the chart.

ArminChiani

just my opinion , you decide . a cup and handle pattern ... tell me what you think .