DOGEUSD is currently within a bullflag I expect this bullflag to break down (2) Bullflag was formed after a large rise (1) Comparable points on MA lines (golden cross, death cross) can be seen at points (1 and 2) Basically expect a large shakeout and then a huge recovery up
Watch the ascending Broadening wedge play out to see if the comparison between the two peaks is accurate (white rectangle ) If it continues up through the wedge , a moonshot, as seen in cycle 1, is possible I'm not a real fan of this coin, but that's just my opinion, TA says otherwise
Resistance turned support can be seen on this major trendline A trendline can also be drawn creating a falling wedge This will likely break out to the upside incredibly, I'll be watching this one
An idea for SUSHI The clear trendline down shows a resistance area turned support In the green oval is possibly the best buy point, right on the trendline Simple but effective analysis
ENJUSD is perched perfectly above the 1/2 Gann line A position like this is setting the price up for takeoff Watch Enjin I am currently holding ENJIN
Using Fibonacci Circles , identifying areas of support and resistance comes with ease The inside circle shows two points of rejection, from this I infer that two points of rejection will appear on the outer circle also Price is currently sitting right at the inner edge of the circle, ready to drop down If it does, it will also be a fall that encompasses this idea below
Expect the right shoulder for Vertcoin This is the non-log (auto) chart Clearly displays the pattern If the pattern maintains a right shoulder will form and a rejection at the thick white line will occur, if not, the price will likely just continue higher.
On this chart it can be seen that Fib circles correspond to opposite peaks within the current uptrend (red ovals) I'm not sure of the correlation and causation of this, but it is pretty cool to see Price will likely continue up through the channel placed
An interesting pattern of rejections and recoveries Currently sitting above the major down trend line This bullish price action on the BTC pair supports a rise on the USD pair
Labelled A,B,C corresponding to the three rejection points It is truly an amazing point comparison of rejection points, the best ive seen Another point in the green oval can be seen also
A comparison between Bank of America and BTC Both experience similar price action (BTC is log, BAC is normal chart) Yet you can see on both the action at the top of the bull move A peak is attained and then quickly rejected from
This is a chart for the USDOLLAR, which has been inverted to display the nature of a symmetrical triangle Price can be seen to enter and exit on opposite sides Using this assumption we can say that price will rise, at it climbs to exit the triangle (inverted)
XRPBTC is within a huge symmetrical triangle Its not a matter of if, a matter of when. Above is the "fib circle dump" scenario. I have applied this inversely to the XRPBTC chart, which would implicate a moonshot along the side of the circle
As per the above chart, I have found a possible example that may play out the same The premise is price dumps along the side of the Fibonacci circle I think this is because the price is "attracted heavily" to the circle as it dumps, causing this chart phenomena I don't want to spread fear for ATOMUSD hodlers, simply trying to find another example. It could...
An analysis for XLMUSD using Gann and Fibonacci circle The fib circle shows a clear passage through 2.618 following a previous rejection at this level (red arrow), this could lead to a breakout The gann portrays the length of the bear and current bull run Price is also sitting right above 0.618, which is established from the previous ATH We still have some steam...
An Idea for LINKUSD showing the main trend line that can be drawn Along with the areas of interest along this trend line Each point just makes the support stronger Good buy
When looking at this chart above, a comparison can be made between the two charts, the first bullflag observed is the cross through 2.618 The second bullflag will be the cross through 3.618 Bullish continuation is most likely Good buy based on TA
YFI has been bullishly rejected twice above .618 Looking for the third bullish rejection and a breakout A triangle can be formed against the fib line