Stage 1 completed! (Duration 105 Days) We're currently in Stage 2 on our way back up. Two possible scenarios are outlined. I see a great R:R for the upcoming weeks. Math never lies. - First target is at 0.01038 - Second extended scenario would bring us back to 0.1354 Time 144 Days - 1 July Happy trading :)
Look at this pattern and how many times we've tried to breakout of the descending triangle. Despite the descending triangle the chances for a breakout to the upside are greater because of the previous volume candles and the overall accumulation imo. Lets see how this will play out.
On the daily we see a bullish divergence. We have completed the retracement of the mirror inverted symmetric triangle. I'm expecting a short term bounce to $4500 before we descend to $2800-$2600. Any thoughts appreciated.
There is not much retracement left before we change the trend from bearish to bullish. A perfect bounce would be around 300 sats. Any thoughts appreciated.
We still have to make a 5th wave to the downside to complete the ABC Retracement. I'm long term bullish once we hit our next target.
We've completed the E-Wave and almost touched the Support Line. Its time for a reversal. A great buying opportunity.
The bottom is not far away. A great buying opportunity as we almost reached the previous support line. We are very low on the 12H RSI and creating a bullish divergence.
We've reached the Golden Pocket. A great buying opportunity to yield up to 20%.
My thoughts on MODBTC. Currently retracing down and ready for another wave up. Any thoughts appreciated.
My thoughts on Ravencoin. We almost made it to the end of the Falling Wedge and I'm seeing a great possibility to reach the 3 Targets. We are currently retracing down as expected. The last wave before we gonna breakout.