An uptrend can be established, along with a cup and handle formation This cup and handle formation is a rather radical one so take that with a grain of salt Regardless the uptrend supports the bull state
It can be seen that Solana is being rejected along dotted line Upon third test we will see if this pattern continues In the first rejection price fails to find support at the 1/1 gann line However in the second rejection price finds support at this line, a good sign
Doge has broken through the 1/2 gann line This leads me to believe that every test of this line (white ovals) was an attempt at creating a support for this move above the 1/2 gann line If this formation above the 1/2 line hodls it will likely act as a bullflag and push the price higher A common formation of falling wedges can be seen crossing the 1/1 line
I can split the bullrun into two phases, one of extreme bullishness and one of mild bullishness Market phase 1 has already been undertaken and we are heading into market phase 2, which can be observed in the past to be the most bullish part of the run This is a chart developed on a previous one below
OMGUSD is at an interesting junction as it passes through 2.618 Price tends towards volatility as it passes through these Fib levels within the circles I favour price to continue upwards, however there is a chance that price falls as it aligns vertically with the circle It is also supported currently by a rising support which gives me hope
A bearish scenario for LINKUSD, identifying the head and shoulders pattern that can be drawn on this chart. The bars pattern placed is very speculative Long term I really think LINKUSD will increase. This is more of a short term scenario. This is the opposing scenario, in which LINKUSD recovers easily Both share a common uptrend. The trendline up is the...
An idea for ADAUSD. The 200MA in white, can be seen as a previous rejection point for the bulls, lets see if it acts the same way again I have also used another indicator which demonstrates the change from bear to bull, which can be seen to approaching a change quickly.
Price is sitting above the Triangle This may lead to a bull move as suggested by the double curve Easy continuation up from where it is now
EOS and BCH are portraying a common structure pre 2.618 transition Upon transition through 2.618 I expect a large bull move for both EOS and BCH Now is a great time to buy either The bars pattern is extremely speculative, I have no idea where the price might top, just that its headed up after the transition
This is a simple two point comparison between parts of the large bullrun and parts of the current bullrun It can be seen that a massive move is missing as of current for us This comparison can also be placed on LTCUSD which is another idea I will attach below, maybe a correlation between the two coins?
The previous transition through Fibonacci levels shows bullish activity as it passes through Price is currently at another transition point which may also produce bull activity if the trendline hodls, I am acknowledging both scenarios. The major trendline merged with another line produces a rising wedge, which is a bearish pattern Also the potential Head and...
The convergence of circles puts Litecoin in a very awkward spot, in which price needs to go somewhere, so naturally it moves up out of the wedge the circles have placed the price within This is on the point of a very large major trendline, which is also a very good bull sign
As price has approached this fib line A comparison can be made with prior bullrun showing 3 rejection points, with the third rejection being the one where price breaks through and hits its prior ATH This can be seen to be happening again and we are on the third rejection so ETHUSD is saying it will recover and pump to its ATH for this cycle Looking for ATH at...
Using the TOPCAP indicator and the AVGCAP indicator this chart is produced Will we see another huge increase phase that was seen in the previous bullrun? Or will it be different In Green is the best entry points possible In Red is the best exit point possible Red line in between Topcap and Avgcap is 200MA
Monthly chart for the ASX (Australian market) Green ovals show the clear bull rejections along the major trendline which has been recently tested and is breaking out to the upside I have labelled the chart patterns - I am unsure however if the 'Symmetrical triangles' are really that or Rising Wedges, so take that with a grain of salt
This ticker suggests the top to be around 180K. However using the more detailed BLX chart the logarithmic band gives a top of ~250K Regardless bull action is implied. A coupled Cup and handle structure can be seen With an extension to 0.5 with the first handle and an extension to 1.5 on the second handle This gives the target coinciding with the logarithmic...
The retest is easily observed with the price being above the major bull trend line Similarities can be seen in the 1,2 annotations This will be the final retest before major bull activity resumes
A retest of this level, previously seen as a strong resistance, provides a nice support if BTCDOM were to turn in favor of altcoins I have tried to demonstrate this with 1-2-3-4 pattern BTCDOMINANCE is slowly turning around, very slowly The above chart contradicts this chart, suggesting the recovery will occur sooner