If BTC breaks the neckline within the next day or two it'll head back up to $50K+. Invalidated if the right shoulder closes below $47.6K. This is not financial advice. These are just my ideas and opinions.
After an expected breakdown from the rising wedge, there is now a falling wedge forming on the shorter time frame. Watch this area for a potential breakout to the upside. If it goes below $47K then expect more downside.
I could see BTC having another run up to about $51K before a correction back into the mid $40K area, followed by sideways action and another run up. It could still break bullish, but odds are looking more sideways/downtrend coming this week. This is not financial advice. These are just my ideas and opinions.
Falling wedge in progress. $50K+ is around the corner. If the wedge breaks down below the trend line, this idea is invalidated. Watch for a potential drop after reaching the price target. This is not financial advice. These are just my ideas and opinions.
After a rally from $44K to $49.8K, BTC has been forming another bullish pennant since 8/21. I'd expect a run past $50K soon, followed by a correction. If the bottom trend line breaks, this idea is cancelled. This is not financial advice. These are just my ideas and opinions.
ACH tapped support 3 times now since August 7th at around $.08 with a second tap at around $.077. If support fails, then expect further movement to the downside. If $.08 can hold, then we may see another pump up past $.09. This is not financial advice. These are only my ideas and opinions.
BTC is still looking bullish in this ascending triangle pattern that has been forming since 8/8. If it breaks down below the trendline, then this idea is invalidated. Otherwise, I'd expect a move up within the next day or so. This is not financial advice. These are just my ideas and opinions.
Bitcoin has formed a massive inverse head & shoulders pattern between the accumulation phases from May through August. Price has recently broken above the neckline at around $42K. Today, Bitcoin has broken above the 200MA and had a full daily candle close above it. I'd expect the Golden Cross to happen within the next few weeks. Keep in mind, Death Crosses and...
BTC has had a huge rally these last couple weeks, forming multiple bull flags and pennants. Here's another one in the making if the price stays within the channel. This is not financial advice. These are just my ideas and opinions.
BTC could hit $42K or $40K before the next move up which would also maintain a higher low on the current uptrend. This is not financial advice. These are just my ideas and opinions.
BTC and ETH are currently consolidating sideways today, although the larger trend shows a possible "W" pattern might be forming for ETH. Can ETH hit $2,900 - $3,000 from a breakout to the upside? This is not financial advice. These are just my ideas and opinions.
BTC might be forming an ascending triangle on the hourly chart. Watch for a potential breakout and re-test in the next couple days. This is not financial advice. These are just my ideas and opinions.
On the 1D chart, BTC flashed a green dot on the bottom of the blue wave, in addition to the green ghost line, red RSI, and blue LSMA being very low. Trend lines shown above are levels that would need to break upwards in order to flip bullish. This is not financial advice. These are just my ideas and opinions.
BTC on the 1D chart shows a descending wedge pattern (bullish). The green ghost line, red RSI, and blue LSMA are all low as well. I'd expect a bounce up in the next few days. This is not financial advice. These are just my ideas and opinions.
Looking at BTC on the weekly timeframe, we can see it is down on several indicators. 1) Green ghost line, red RSI, and blue LSMA are near 20 or lower 2) Weekly RSI is below level 50 3) Stochastic RSI is nearly at 0 What happens next? This is not financial advice. These are just my ideas and opinions.
Strong daily resistance since mid-May: $23 Strong daily support since mid-May: $14 All-time low so far: $9.60 If FORTH can break that $23 resistance level and hold above it, I'd expect to see some nice moves up. All of this will also depend on BTC's movement. This is not financial advice. These are just my ideas and opinions.
Indicators still show room for a run past $35K. Any strong rejection at resistance could retest $31.5K again.