MacD, and RSI just turning up again on the 2 day chart, Falling wedge target is 2050 ish... Once back in top 100 then news will be out, more plugs then too.... Buy and hold, new ATH in 2022! If you banked on Shiba and Doge, get ready for the new kid, ELON to Mars!
Been a while, but sitting on the Golden Pocket, in the weekly, still a young asset for time frame, but overall a Bullish chart, potential... If market turns around, could see a 3200 ELON in the future weeks to come, gonna get crazy in 2022!!, Great time to stack sats!
Just looking back and it took time, but measured move was hit👍
Stacks , STX built on Bitcoin Blockchain, miner of MiamiCoin MIA, and now NewYorkCityCoin NYCCoin ( be careful there is another New York Coin that is NOT this NYC... Anyway... 2 different patterns , 2 different measured moves. Hit the small one first, then a small retrace, then hit the 1.618 FIB at $5.00 which is also a big psychological barrier too, ranked #51...
If last year repeats, from Thanksgiving 2020, at 16.5K, then a 2.8X run by March 2021...then this year into 2022, Bitcoin Could top out this next March at 150K??? Makes sence a 2.8X from 55K
Golden Pocket is a 61.5%-65% bearish retracement on the Weekly at about the 10 SMA That's around 1000. Put in Your Black Friday Buys Now! May not see this price again! Would be a double bottom if support holds, and then Mars relaunch as BTC bull market counties to lengthen. Buys at 1000 would support the Algo bots to buy also...
I see by measured move... Hitting the 50 or 89EMA But there is horizontal support in shaded area, not sure how far it will go. If BTC goes sideways or down so will Elon, Consider it a Thanksgiving sale, Early Black Friday!
Now this is sort of a play on technicals, but if you look at the 7 day chart it's very bullish long term, the beginnings of a larger "J" curve to Mars... Seriously wait till after BTC peaks this bull run then Alts will fly like in 2017-18, cycles are a bit longer Listen to ElioTrades YouTube and EricCrownCrypto and you'll get great insight
ELON had a good bounce, better than others. Now that it is above the 10 simple, and the middle Bollinger band, the black checks... If ELON can close above those points on a daily, then in theory, it should test the top side Boll Band, if not then the bottom one and that's NOT 2200... Lol
CME BTC futures had its highest Weekly close. Just now starting to print the 200 Weekly SMA and EMA trend lines! Bullish chart or what?!? The Bi-Monthly also closed above the top Bollinger Band on either Spot or CME, can't remember which. Supply shock incoming! That will be unreal! And more ETFs. Have a plan for pulling profits and keeping skin in the game,...
I need to back test this idea, but the last 2 market moves, ELON moved first, crazy but will let you know in future post. I had to adjust my traingle, that's the problems with triangles vs price levels. But new angle supports the 21EMA , sorry but I was wrong... happens Higher highs and higher lows is bullish. If everyone wants a higher price, we need to watch...
Plan is working, see if BTC can close above the prior ATH. Then come back test it and bounce up. All things I hear from Krown in the morning helped me plot this and will follow long term. Play with the chart and save if you want. Price discovery to marked areas, then snap up to 100K, Bitcoin will be drawn to that top, lots off people havce said they will sell...
play with the chart, 2 triangles, small and big both resolving up to targets...breakout time is here, might be a retest of nreakout point...beware ...long trem bullish next full moon is bullish on the 19th, verticle red line
Got the small pump on the way to the bigger Target
low volume breakout, wait for weekly trading. there are 2 formations, a larger triangle with breakout measured move to 3450. the 1.0 FIB extension. currently at the .382 Fib. this fib extension is based on the lows and all time highs with current retracement. will take more time, but will follow the market in general. there is a little flag formation which is...
2400 incoming after that the 3.618 and beyond, just HODL for a while and it will come
Elon was bound to correct. Bounced off the 78%Fib, I was hoping for the Golden Pocket of 61.8, But above the 21 EMA on the Daily. Now that this asset is more mature and bigger market cap, I will be looking at Daily and 12 hour. if you missed the first run get on board now at this price! Both Daily and 12hr look good as long as people buy and HODL till after...
play with the chart. giant cup and handle...measured move is marked...bullish