As ADA continues to consolidate sideways, we can see here that it is coiling up for a move soon. Currently, our local major support zone has been holding strong since mid-August. If we break above $2.36 - $2.42, then I would be very bullish on ADA as it will attempt to make new all-time highs in the coming weeks. Not financial advice. These are just my ideas...
Bitcoin log scale 5-day chart. The line says it all. Let's see what happens next...
After a massive falling wedge from Sept. 6 - 29, ICP has broken out with local support around $40. If the current trend line holds, then $50 would be the next local fib target. If the trend line breaks down, this idea is invalidated. Not financial advice. These are just my ideas and opinions.
BTC has been forming a massive ascending triangle since March until now. I expect to see a correction and/or sideways movement before the next leg up. With BTC moving sideways in addition to BTC's dominance falling, this could also trigger another alt season in the coming weeks/months. Not financial advice. These are just my ideas and opinions.
The 1D chart on BTC shows a giant falling wedge , and the 4HR chart shows a symmetrical triangle pattern playing out. If BTC does not break resistance on the falling wedge pattern, expect a re-test of support around $38K - $40K. This is not financial advice. These are just my ideas and opinions.
BTC is currently in a falling wedge and had a wick that tapped $40.2K. It's possible to see a wick down to $38K, but may not necessarily hit. Watch these support levels for possible entries. This is not financial advice. These are just my ideas and opinions.
After a nice run up from $44K, BTC has formed a nice bull flag pattern. I believe BTC will reattempt $52K soon. This is not financial advice. These are just my ideas and opinions.
A few scenarios can play out for ADA (a lot will depend on Bitcoin's movement): Bullish Scenario #1: ADA breaks upward past local resistance. Bullish Scenario #2: If ADA successfully breaks the local resistance, it will need to contest the major downtrend line. If that breaks upward, ADA will attempt to re-test previous ATH around $3. ----- Bearish...
First off, indicators are never 100% accurate, so don't take this as a guaranteed outcome. Right now, ADA has flashed a 🩸 Blood Diamond 🩸 on the 8HR chart. It may not necessarily be as violent as the drop from 9/7, but it could indicate that some further downside could be expected in the near future. Again, this is not a guaranteed outcome, but just an...
On 9/7, GRT fell about 34% from the local high of $1.07. Currently, GRT looks to be forming an ascending triangle between $.70 - $.90. Watch for a potential breakout of this pattern. If the lower trend line fails, it could revisit the .236 fib area again. This is not financial advice. These are just my ideas and opinions.
After the dump on 9/7, Cardano has been making higher lows during this consolidation period. This recent 4H candle had over a 12% pump with a clear breakout. It almost looks like a very sharp "W" pattern. Watch the fib levels for price action. Next major target would be getting back above the $2.85 region. This is not financial advice. These are just my ideas...
Accumulation Zone : $10 - $19 Resistance Zone : $19 - $24 Blast Off Zone : If FORTH breaks and holds above $24 this will start to take off. Will FORTH hit $100+ this run? Time will tell...
On the hourly, ADA looks like it's forming an ascending triangle, which has a higher probability of breaking to the upside. Watch these key FIB levels for price action. Invalidated if the lower trend line fails. This is not financial advice. These are just my ideas and opinions.
Cardano is available for a nice discount. Strong support levels around $2.30 and $2. Bought a nice bag for the next ride up to $3+. This is not financial advice. These are just my ideas and opinions.
Cardano has been forming a rising wedge with local support levels around $2.80, $2.73, and $2.50. If the lower trend line fails, watch these support levels for an entry. This is not financial advice. These are just my ideas and opinions.
BTC is somewhat repeating patterns as it stair steps upward. If support breaks, I'd expect to see it hit around $42K - $44K. This is not financial advice. These are just my ideas and opinions.
BTC might be holding a double bottom at the moment around $46.5K - $47K. If support holds, then expect a run up to $50K+ soon. If support breaks, then it may revisit $44K levels. This is not financial advice. These are just my ideas and opinions.
BTC has a triangle pattern in progress on the 4HR chart. If it breaks upward, I'd expect the next major target to be around $56K. If it breaks down, the next major support would be around $42K - $44K. This is not financial advice. These are just my ideas and opinions.