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# LMSA just bottomed again # Another 4 degree pennant formed with potential breakout to the upside # Symmetrical triangle formation Full Disclosure: # I own (long) DOTUSD # This is an observation, not a recommendation to buy/sell. Do your own due diligence.
Making its way back up to retest the 0.618 (resistance/ support level )
Expected resistance at the 0.618 FIB (61.3K) from the run-up (pulse) on the 22nd Jan 2021 to the previous ATH on 22nd Feb 2021 (58.3k). Coincidentally it is the 2.272 FIB on the first micro bull run on the 4th Jan 2021 from 28k to 43k to 9th Jan (took just 5 days). Potential bull pennant forming, indicating a breakout upwards once further accumulation soaks up...
All signs are still pointing upwards in this upward pointing wedge. # 14day sRSI just bottomed again # Green line just punched through the red RSI # Another 12 degree pennant formed with breakout to the upside # new +ve energy just formed Upward wedge is also a bearish indicator, so do your own due diligence. Full Disclosure: # I own (long) DOTUSD # This is...
Some very rudimentary trendlines & upward pointing wedge for DOTUSD. DOTUSD should follow closely the expected breakout upwards of BTC in the coming weeks/ months. For a detailed understanding of Phoenix Ascending, thanks to @WyckoffMode, please view his detailed videos for an explanation for timing entry/exit into the market using these type of indicators. ...