Binance BTCUSDT volume has been climbing hard. RSI on weekly still over sold.
Chevron's fleet of specialized ships link worldwide LNG production and regasification facilities. Germany.....
Netflix is getting ready to retest trend resistance (previous support) Amazon is spending billions upon billions to get the rights of shows, and production. Unrealistic that netflix can keep up with budget.
META broke trend support. Expecting to see sideways action in the 2 support levels.
Intel testing critical channel support. RSI has never been this over sold. Accumulating between $20 - $27 in my ROTH IRA for long term hold. NFA
This chart is solely based on cyclical events. Hbar is now back to critical accumulation levels from 2020. RSI is extremely oversold on the weekly. An early fed pivot could invalidate this analysis. BTC halving: Apr 29, 2024
Ethereum could be making the same play here as last week. Double bottom on the trend line would most likely lead the price to a critical supply area at the 4100$ level.
Seems to be a similar pattern playing out here. Retail and short term coin holders keep selling at a loss. Trend has been broken similar to scenario back in June. This time instead of China miners shutting down, its Kazakhstan. Internet has been shut off in the 2nd largest bitcoin mining country which severely will effected the hash rate.
Double top completed Price holding strong at long term trend support.
Ethereum is breaking out on lower Time frames. Macd is about to make a bullish divergence crossing. Higher time frame shows 1.168 fib extension level at $6085 Long squeeze just occurred on BTC. Over leveraged traders will probably get wiped out.
Compound is currently forming a CUP & Handle on the daily. After a few months of being in a down trend, a break out is imminent.
Cake has just broken out of its 3 month descending wedge. This is just the start of NFTs and play to earn games on BSC. Weekly cake tokens burns making the asset deflationary will ultimately result into massive supply shocks.
XRP has broke out and retested it’s critical trend resistance on the daily. Expecting to see a huge move towards the upside and retest towards previous resistance levels.
XTZ made a new all time high earlier this month. Good chance this is the end of the correction. Price has broken out of its descending triangle. Expecting to retest previous resistance levels.
SOL has broken out on the daily chart. Expecting to see a massive rally here. Double bottom also printed.
SNX is currently consolidating above a critical long term demand level.
If this fractal plays out, next target for bitcoin would be around $70,000 around the start of November. $57,000 - $58,000 would be critical supply/demand levels. Watch out for there's areas, as fake outs will probably occur by market makers.
Bitcoin completed its cup & handle and now sitting above critical support levels. Expecting to see a nice run up soon !!