MYrtsinfilosofi

MYrtsinfilosofi Updated 

AMC has been trading within this macro falling wedge for a while now and has also formed a smaller symmetrical wedge on the daily timeframe. Price is attempting to breakout from both patterns and if it does we could see a huge move to the FIB golden pocket as seen in late march. PT 26.78- 30 usd. A rejection would send the price back to the bottom of the pattern...

MYrtsinfilosofi Updated 

Above i have identified a falling wedge on Cardanos daily chart. We can see a decrease in bearish volume as the market looks for a potential reversal to the upside. Taking into consideration the current market climate where BTC has seemingly found support at 37000, it wouldn't surprise me if we saw the market reverse. The first target price for Cardano would be...

MYrtsinfilosofi

Potential mid-term rising wedge on Cardano 8h with a PT (if it breaks) of 0.85. Also to note another wedge within the wedge which is reflected in recent price action. All thoughts and suggestions are welcome :)

MYrtsinfilosofi

Really messy chart but is anyone else looking at this possible ascending triangle on XRP indicating a continuation of the current bull trend after a slight pull back to the 0.83 - 0.81 level to cool off momentum on the daily. In short : short term expecting a pullback but medium term looking for continuation if we break resistance at 0.93 after that next pt at...

MYrtsinfilosofi

Above we can see a few wedges drawn on the #BTC weekly which have so far played out. I'm most interested to hear peoples thoughts on the massive long term rising wedge which btc broke under. It would appear that we are headed towards a retest of that blue wedge at around 40k and if the price fails to break through it's down to the low twenties again. Please share...