There's no long analysis needed. If the pattern plays out, the trend has changed. I'm buying put options with expirations just past next earnings report.
In technical analysis, an island reversal is a chart pattern with compact trading activity within a range of prices, separated from the move preceding it. This separation shown on the chart, is said to be caused...
A very clean hand off from the long-term bearish channel to a new bullish trend. Final confirmation should come from the current wave. ALCX will still be a small cap after a 20x move up with price still well below ATH. Accumulating.
The image shows a chart with an Elliott Wave pattern applied to the price data of ALCX/USDT on a daily timeframe from a Binance chart. The Elliott Wave pattern consists of a five-wave structure, with three impulse waves (1, 3, 5) that move in the direction of the trend and two corrective waves (2, 4) that move against it. In the image, waves 1, 2, and 3 have been...
Deep support $16 - $20. Miners who took profits during the recent run like this range for accumulation. Chart of the current pullback phases with BTC and ETH as a healthy correction as opposed to a precipitous freefall. Indicators (take your pick) show sellers drying up in contrast to many highly touted alts.
Helium network coverage is substantial and viable.
