Bitcoin Technical Analysis Prediction: Observing the recent behavior of Bitcoin, it seems that we are currently heading into a correction phase. What stands out prominently on the charts is the bearish divergence, which I'm designating as level C. With this pattern in mind, there's a potential for Bitcoin to drop around the 32k mark. This could essentially allow...
This is a speculative overview of Bitcoin's potential fut ure Current Price Point: Start with the current price of Bitcoin. Irregular Expanding Triangle : Begin by depicting the initial phase of the graph with an irregular expanding triangle pattern, labeled as points A to E. This pattern should reflect the fluctuating, yet overall bullish trend of Bitcoin. ...
Exact Sciences is exhibiting bullish tendencies at present, but it's critical to anticipate a substantial correction upon touching, or descending below, the 0.618 Fibonacci retracement level. The stock is likely to retreat to around $70, a significant support level we've observed. The patterns in play – the AB=CD pattern and a yet unconfirmed bearish bat pattern –...
Based on my previous technical analysis where Exact Sciences exhibited bullish tendencies but warned of a possible substantial correction around the $70 level, we now find ourselves at a critical junction. Two possible scenarios could unfold from here: a bearish three drives pattern leading to a bounce back to around $123 or a continuation of the downtrend...
The QQQs have created a head & shoulders pattern now and In the chart, you can see that we have a butterfly-bearish pattern. For short-term target head and shoulder measurement move the target to 340$ We have a rising wedge pattern when the price breaks the support line of the rising wedge: 1st Target around 310$ 2nd Target around 300$ 3rd Target around 275$ I...
The QQQs have created a head & shoulders pattern now and now we have double top, sell signal and 7 confirmation to the downside, as a first Target waiting for the neckline to break and a leg down to 340$. For a bigger image please check this idea I'm not a financial advisor
Exact Sciences is a biotech stock that is overpriced. It's time to sell We touched 3 times the resistance line of a rising wedge pattern, impulsive wave pattern, and RSI 71 weekly overbought zone, the Q2 doesn't seem good. A leg down to 60$ retesting 69$ which is the resistance line of a rising wedge dropping below 40$ and based on the Q2 announcement either...