All hourly's are bearish so I expect a slip, possibly to 34700.
daily seems primes to turn bullish just needs to wait for hourly at which point we could maybe break the red seal, possibly forming a H&S or a staircase to higher levels.
Follow below for updates.
2 possibilities, in my opinion.
1) we recede to 30k again forming a double bottom before a sprint to our current ATH.
2) we, either, finish the "abcde" wave and attempt to leave the pennant or blow out before completing, retest and take off.
I feel the 28th, when options expire, the run will truly begin upwards. If not immediate, there will be a...
30th of April 2018 BTC has an aggressive response to the 40. support line. At which point BTC.D spikes
We've seen a similar visceral play out this past week (10th-17th of may 2021)
Check below for other additions.
Cup and Handle forming on old faithful ~ I was bearish for a while but if she isn't dying then why not ride it up !?!?!?!?!?
also doge father may bless us on may 8th
this meme is somehow looking boolish
rsi very overbought tho so perhaps we may recede to .34 for a bit.
Scooping into its bearish harmonics ~ with an upwards trend on SSN ~ 115% projected profits, with 10% risk.
Projected path: 120 > 105 > 160 > 118 > 225
Things generally play out more complicated than the projection ~ so check back for updates ~ I do however see 225 long-term goal as a fluent objective. If not SL should be placed at 50
Forming a H&S ~ we could be seeing sub 50k but massive support at 50k ~ completion of the H&S we should continue run.
This slip has been very akin to the feb-march "crash" so that too heavily informs this opinion.
Left : NEAR mustering bullish sentiment. a short term coin in my opinion
Right : NEAR is currently in a ascending triangle and waiting to break out. The top tine has been touched 2 times, It will take only 1 or 2 more taps to break through. strong support underneath.
Lines are ordered in (mo) likeliness.
If falls into "red zone" look below for update.
Left : ALGO mustering bullish sentiment. defiantly a "long-able" coin in my opinion
Right : ALGO is currently in a symmetrical triangle and waiting to break out. The top tine has been touched 2 or 3 times, It will take only 1 or 2 more taps to break through. strong support underneath.
Lines are ordered in (mo) likelyness.
If falls into "red zone" look below...
TA: BNT broke out and preformed a nice swoop that suggests the Elliot waves will repeat itself.
FA: Bancor also says it will burn the BNT coin early April, which is incredibly bullish. (The last time this happened BNB rose from $40 to $100)
Let me know what you think.