This stock has so much potential, I've been in for a while but may go in significantly heavier if we break north of this pattern.
Rising weekly RSI.
AR app ARKnet which has mega potential.
This may be a unicorn in the making.
I think so.
I see us testing 21W EMA around $45K here in a matter of days. A decent bounce to somewhere just around/below $60,000 (key psychological level) for the "b" part of the EW corrective pattern, then finally coming down to 200D SMA at around $38,000.
This is all my "guessing", but I saw the rising pennant breakdown and now, for the first time since...
Bitcoin has rallied above 50D MA for 6 months, volume is dwindling and 1D RSI is getting weaker and weaker. Despite being in "full-bull" still a correction may be near.
I've taken some very nice gains with ETC and will be side-lining most of my cash. Better to wait and see, a good correction will start to scare out MANY newbie traders who think "markets only go...
This is what I'm looking to play.
Think this test of, and stop at, $40K pumps the breaks on this rally.
I anticipate next week seeing sell-offs across all equities markets. Stocks, crypto and metals.
But, I'm wrong a lot so DYOR.
Here's a potential pathway to $20K.
After this strong rejection I feel another breather is in store. But as long as we keep upward momentum and trend there's still a good chance.
I could be wrong, am quite a bit. DYOR
Assuming we pump like we did in 2017 LINK is my favorite token for a number of reasons.
This is mostly for fun and me playing with my predictions (NOTE: real traders DO NOT "predict" price movement, they watch and analyze and take action given market movement. They don't "guess" what's going to happen, they react to what is happening. I'm just having fun :) ...