After a massive rally, CRO has now plummeted 50% from the top in just 9 days. Clearly, we can see that CRO is in a downtrend. The question now is, what happens next? If CRO keeps making lower lows and lower highs, then the downtrend will continue. In addition, the market is showing extreme fear and volatility. In the most recent dip, CRO has touched the same...
Along with the rest of the market, JASMY has plummeted to a critical level, which is previous resistance from October. I suspect JASMY will likely hit the .786 fib level soon, and possibly further. $.10 is imminent and would be a good accumulation zone. This is not financial advice. These are just my ideas and opinions.
Potentially looking to enter in on GALA at the .618 if previous resistance holds as new support. This is not financial advice. These are just my ideas and opinions.
BICO just released on multiple exchanges on December 1, 2021. Within its first day, it had just over a $1B market cap reaching a price of $23. The next day, it quickly dumped to just under $9. I would say it bottoms near $7 - $8 before any bullish reversal. If that doesn't hold, then I wouldn't be able to provide any additional info on this since we have no...
After a 43% drop from the ATH, GALA could be close to bottoming out. It's possible that previous resistance at $.48 might become new support. RSI on the 4HR is low. If $.48 doesn't hold, then expect the next support area below around $.35 - $.38. This is not financial advice. These are just my ideas and opinions.
Bitcoin is now at the bottom of the ascending broadening wedge pattern, which could be a great opportunity to accumulate before the next leg up. Next move will be a new ATH. This is not financial advice. These are just my ideas and opinions.
BTC just dumped to the .618 at around $43K. This should be the bottom. Time to stock up! This is not financial advice. These are just my ideas and opinions.
I'm waiting to see if this right shoulder will play out. If it breaks above the neckline, then I believe a bullish reversal is in play. Invalid if it falls back to the support zone or below that. This is not financial advice. These are just my ideas and opinions.
It seems like JASMY has been forming a massive bull pennant in November. If that top trend line breaks, JASMY will fly. However, if that bottom trend line breaks, then this idea is invalid. This is not financial advice. These are just my ideas and opinions.
I have a feeling that the .786 will be a potential bottom for SHIB on this correction before the next major pump up. Watch for a clear break above the trend line as a reversal sign. This is not financial advice. These are just my ideas and opinions.
With over a 50% correction since November 10th, IOTX is currently moving in a descending channel. Major support is at $.156 based on the previous bottom. If the major resistance breaks (upper trend line), IOTX will fly. I believe it will reach somewhere between $.50 - $1 by end of cycle. This is not financial advice. These are just my ideas and opinions.
In addition to the giant triangle pattern formed on the weekly chart, MATIC has also formed a nice upward channel since mid-July. If this breakout plays out, the next MAJOR target would be $4+ in the next month or two. It can go higher, but for now, let's focus on reaching the 1.618 fib level. This is not financial advice. These are just my ideas and opinions.
After the most recent wick down to $53.3K, is the correction over and ready for a reversal? I would say that if the upper trend line is broken and holds up as support, then that could be convincing. Bitcoin needs a bullish engulfing candle on the weekly to show signs of strength coming back into the market. Bullish divergence on the 4HR as well. This is not...
The bad news is that ADA has been in a downtrend since 9/2, so anyone who is still holding from the top has quite a ways to catch up. The good news is, for those who are looking to enter in low, I would keep an eye on the bottom of the channel and/or the .786 fib area which is where previous resistance would be tested as new support and could be a potential...
CRO has been on fire, but can it still pump further? As long as it maintains above support and continues to make higher lows, I wouldn't be surprised to see it pass $1 in the near future. Double bottom support at $.65. This is not financial advice. These are just my ideas and opinions.
I believe that $1.46 was a local bottom for MATIC, unless BTC continues to dump hard down to the lower $50K region, then I could see MATIC falling further below the .382. Once MATIC passes the $1.91 region and holds above it, then I'd say put your astronaut suits on. $4 - $6 is a reasonable end-of-cycle prediction. Anything higher is always possible, but I like...
With the recent Binance listing of JASMY, we are currently seeing a bullish breakout of the giant wedge pattern. Based on fib levels, I believe JASMY could end up somewhere between $.50 to $1 by the end of this run. This is not financial advice. These are just my ideas and opinions.
After an 18% correction down to $3,962, ETH seems to be forming a MASSIVE bull pennant . If the bottom trend line continues to hold, then ETH could rally to $5K+ as it's next target in December. This is not financial advice. These are just my ideas and opinions.