BSW01247

BSW01247 Updated 

Check the similarities between these two fractals (I have highlighted them with light green trendlines). Also, notice the present diminishing volume profile. Additionally, the overall market milieu being bearish was nearly identical to the last pump as well. History may not repeat itself but could it be rhyming? I think we are soon to find out...Manage your risk!

BSW01247

Potential bull flag retest taking place. If it holds the target is 28% up from here. Manage your risk.

BSW01247

Mark today's daily close. This is an important descending triangle structure, on the daily. If we can close above the descending support trendline I think it is possible to begin another move up to test the descending resistance trendline of this triangle structure. If we can breakout out to the upside of this structure we could see a move up of nearly 200% (the...

BSW01247 Updated 

We just broke through and are potentially back testing a very significant daily descending trendline. If we hold support above the green descending trendline I suspect an inordinate move up.

BSW01247 Updated 

Potential bullish divergence on the 4 hourly stochastic RSI. Will it play out or no?

BSW01247

Let's see. Might get a retest first, but if it holds we could see a pretty good move up 45% or so. This scenario, if it is valid, would likely signal a move up for LUNC, too, as they seem to remain heavily correlated.

BSW01247 Updated 

Looking through different lenses one could argue (with a certain bias, of course) that we have, in fact seen our retest.

BSW01247 Updated 

Sure looks like we are retesting this large weekly falling wedge like structure. If we are, it looks probable that we will soon see a BTC spike resulting in the completion of our wedge structure's testing and a subsequent move up against BTC if we hold and bounce.

BSW01247 Updated 

It looks possible that we are in this weekly falling wedge structure.

BSW01247

Multi year ascending trendline of support touched.

BSW01247

Doji morning star candle on the weekly. I still expect our monthly candle to close above our key resistance area of .00001538ish. Let's see what happens, very exciting.

BSW01247 Updated 

There it is. Volume diminishing. Let's see where this takes us.

BSW01247

A triangle of sorts. Nothing wrong with positive thinking. Supposedly, per Fetch.ai's tweet on Oct. 6th, an announcement should be coming soon, "90,000+ members milestone reached for the #DeFiAgents! And that's not all! Stay tuned for another major announcement coming VERY soon". Is this, potential triangle accounting for that?

BSW01247 Updated 

We are retesting our previous strong weekly resistance for the preceding two run ups. If we hold it as support an epic bounce and, potentially, new local high will follow. Also, noteworthy, is our cross of the weekly EMA ribbon (FET/BTC) for the first time ever. Calm down, zoom out, and be ready FET is about to soar!

BSW01247

Asymmetry

BSW01247 Updated 

I think this gives clues as to BTC's intermediate term price action (I define intermediate as the next 3-6 months). My suspicion is that BTC will continue to draw market share from gold in the intermediate term.

BSW01247 Updated 

Target is the Red line. Also, notable is our daily EMA ribbon attempting and not far from a bearish reversal. Daily stochastic RSI is, also, near a top and just had a bearish cross. Should be interpreted as a time of caution, at the least.

BSW01247 Updated 

It's possible and probable.