As you can see on the chart, CRO appears to have finally broken out of a wedge that it entered way back in November. Buckle up and enjoy the ride! And always remember, when in doubt, just zoom out!
"Patience is not passive, on the contrary, it is concentrated strength" - Bruce Lee With many people growing frustrated that BTC continues to hover around $40k as we approach the end of January 2022, it's a good time to remember that PATIENCE is a VIRTUE, and good things come to those who wait! During times like these it's important to remember a saying which I...
As you can clearly see on the BTC Dominance chart, BTC is finally breaking out of a downward wedge that is has been trading within dating all the way back to September 2019. Keeping a close eye on this chart/trend is crucial as it provides the guidance one needs to determine whether their portfolio should be more heavily weighted towards BTC or Alts.
Very Bullish on WOO right now as it appears to be breaking out of the descending wedge (as seen on the chart). “WOO! WOO! BUT ONLY IN THE MORNIN’’”
Get your beach gear ready, because its time to go play in the SAND! As you can clearly see on the 4HR chart, SAND is nearing another big breakout, so get yet your pales and shovels and meet me at the beach!
…FARM! E, I, E, I…O! And on that Farm he had a….imminent breakout! All jokes aside, FARM appears to be on the brink of a parabolic move upward, meaning that it’s certainly NOT the time to sell the FARM. Additionally, you can also harvest any FARM you hold to earn an additional 15-30% APY @ harvest.finance. Jump in, the water is warm.
I have been keeping a close eye on the ETH/BTC chart, and at this point it appears all but certain that ETH is ready to break out and make its move vs bitcoin. As you can see on the weekly time frame chart, ETH recently broke out of a triangle and broke through resistance, and I now expect ETH to continue to gain on BTC over the coming weeks.
As you can see on the chart, WOO price recently broke out and we just completed a retest of the former resistance, which has now been flipped to support. Buckle up and enjoy the ride. This is about to get really fun.
Old McDonald had a .... FARM! As you can see on the 4H chart, $FARM has been consolidating within the green triangle since inception, but it appears to be on the verge of breaking out. Buckle up and enjoy the ride.
FARM on the verge of a HUGE upward move. Great moment to get in and enjoy the ride. #notfinancialadvice
BTC Dominance breaking out and up. Keep an eye on this one for direction regarding alts vs. btc.
As you can see on the chart, $WOO has not only broken out, but also retested the new support line, meaning the next move should be UP!
Keeping a close eye on BTC dominance as it continues to climb above key levels of resistance.
Looking at the Daily BTC chart, what do you see? Many see what they believe to be the peak/top of this bull cycle... In my opinion, this would look much more "V" like if it that were indeed the case. With that said, I believe that we are looking at a "Rounded Top Pattern". See details below and let me know if you agree! Rounding Top: Important Bull Market...