DHF82

DHF82 Updated 

After a substantial move down since the end of December 2023, NASDAQ:MARA has closed with a bullish hammer on the daily chart. This comes with the price meeting a previous consolidation level from Dec 1 - Dec 13, seeing a lot of buying pressure from the S&P reaching new highs on Friday last week, and the NASDAQ:MARA price finding support on the 200ma on the...

DHF82

According to the distribution and accumulation patterns, I suspect that we may be in a bullish reversal situation. Thoughts?

DHF82

It looks like we might be entering another accumulation phase for a while (aka bouncing up and down in a narrow channel) since contraction just completed. I see this being interrupted if the Ripple/SEC lawsuit is settled sometime soon or if BTC makes a strong bullish move again. If this phase is as long as the previous accumulation, we might not see big price...

DHF82

Sirin Token looks to be completing a C&H which may serve as change from the recent downward channel and consolidation. The price is currently returning from the bottom/end of the handle. It should surpass the neckline (volume is increasing nicely) and then rise from around 28% to less likely, over 45%. A correction of up to 60% of the breakout can happen after the...

DHF82

Sirin Token looks to be completing a C&H which may serve as change from the recent downward channel and consolidation. The price is currently returning from the bottom/end of the handle. It should surpass the neckline (volume is increasing nicely) and then rise as little as 28% or less likely, over 45%. A correction of up to 60% of the breakout can happen after...

DHF82

A Cup and Handle (bullish continuation pattern) has completed for XRP and it looks like the price just broke the pattern's (handle's) resistance. The price should continue upwards at least the distance equal to the depth of the cup IF volume continues to increase.

DHF82

The chart seems to change from a strong downtrend to what looks like consolidation and a breakout. Or is this just another bear flag? Thoughts?

DHF82

The price action suggests that there could be a reversal at around the $1.80 - $2.00 support area with a price target of ~$3.60. (green) I maintain this opinion based on: 1. The head and shoulders pattern that is just about completed with a neckline that would place point (G) at ~$3.60. Once the neckline was broken, the resultant decline shouldn't be much more...

DHF82

Due to decreasing volume and an inflection off of a resistance level, a bearish channel was formed. However, it looks like it could be due to reverse soon because of approaching well established support areas.