Daily looking to be trying to go to the next resistance.
Initially signaled in discord before the breakout.
Technical Projection up to the band after.
Slight bearish divergence on the 4hr chart. However, can be invalidated if breakout with strength and volume.
Should get us a decent amount of return.
Updated on twitter....
Technical projection as shown.
Long-term trend has been reversed with volume spike.
ascending triangle forming along the way of grinding up.
This coin usually gets pumped for some reason.
Good idea to keep an eye out or take a look at taking an entry.
Stop just below the recent low along the bottom trendline of the triangle.
As rules stated for a support to be strong enough to establish a bottom:
Supports become stronger under these following conditions:
1. Strong Support (Long-Term TF), hence weekly chart.
2. The greater the volume of trading in a support zone the stronger it becomes.
3. The taller the support range is, the stronger it becomes.
4. The longer a support area - its...
I wonder if $BTC is playing out the Wyckoff Pattern right now.
There are two scenarios that could play out. Fingers crossed on scenario A with the end of the correction land around the 7800-8000 zone. But hey, we could see cheaper BTC again.
seems like supporting levels have been established. We'll see around 8500-8600 before either consolidation or retracement. The reason I cannot be sure this time is due to the fact that institution money could flow in and push the price of BTC higher than before.
The few scenarios and how they will affect the alts.
1. BTC grows steadily and continue pass 8550,...
Bcash been running along side with BTC this recent spike. The kumo cloud is acting as support and pushing up the price. I think this might be on a similar run like $VTC did before.
Just a simple and quick charting let me know what you guys think.
I posted my very first chart on September 29th. This is an update to the previous idea for $GRS.
I have predicted the breakout since the first time I charted this coin but I had the wrong beginning of the cycle labeled. I made some small adjustments to the chart and updated some trendlines. I think we could see a cup and handle forming here. If C&H forms we can...
LSK might be breaking out soon just like many other charts.
The chart has been setting up and the lows have been rising.
If the trendline (blue dash lines) holds then we may potentially see a breakout in the blue box area. We "may" see an ATH attempt. However due to the white line (231 MA) being above the orange (77 MA), it acts as a ceiling for the run....
I just charted this, let me know what you think.
We were sitting at the bottom of the fib retracement a few days ago and had a some large pick ups.
From the previously established trend line in the first break out and break down. we can see that CVC sat right on top of the support for a while. It tried to break out a few times as you can see from the...
Another Heads up. Keep an eye out on BTC and VTC, if you have noticed in the previous video of BK, he mentioned VTC. VTC has a tendency of matching the steps of BTC. It only lags behind by a couple of hours. Whenever BTC grows VTC grows. This was proven to hold almost 100% true in the past 5 days.
Sorry for so many indicators but when you look at RSI, STOCH RSI...
This coin ran up 400% before and have just completed the cycle. I believe that we can see another huge run up to have a 400% return. I am more confident with this coin due to the fact that alt season is coming with the confirmed reversal. Let's see how this plays out.
I found this reversal when it was at 900sat now its at 110 passing the kumo cloud and making a run.
First off, sorry for all the trendlines. I like using them to find out what the pattern a chart is expressing.
Here are a few things. The purple boxes are the major consolidation areas before or after a move. With the trend looking and BTC going sideways, we should be seeing KMD start accumulation phase again and consolidate side ways into the blue and purple...
I drew this chart about a week ago. Looking at the past few weeks, we have created a downward pennant and today we have just broke out of the pennant. We could see a trend reversal as long as the channel holds.
If this trend holds we could potentially see a decent return from this buy. However, before we break out more we should be seeing ARK going back to...
I drew this about a month ago when i bought in at 130sat. Lost money then rode it up. These trends have been holding strong. If it still holds by the intersection we may see a reversal for the next run up.