time to long silver in the mid $22 area.
we are looking to enter between the gold pocket and 3day orderblock which also sandwiches a significant daily level and the poc for the previous up surge off of the news pump earlier this month.
zcash seems to have always pumped wit the rsi low.
the last push up to 300+ popped momentarily above 50 before dropping back below and forming a mild bullish divergence on the monthly
the orange trend line heading up suggest this is just the start of a big run, and breaking up from the wedge would confirm that.
price currently stagnates on the 20ma mid bband, is...
it looks like solana could be about to have a decent correction.
it has fallen outside of the diagonal trend on the weekly chart (we are only monday).
currently the fib cicrle is cradling the price.
solana needs to push back into the diagonal this week for bullish continuation (flat top breakout).
if it falls then $50-60 would be a miracle to scoop some up
looking at the log chart of past fractals we could be about to see a nice final wave 5 push up.
if this follows previous trends the potential would be for an additional 3000% from the current price, launching the doge from $0.20 to $6 (or more)
for this to happen the yellow diagonal trend line needs to hold as support and it is impressive that the price has...
the logarithmic long term diagonal trend line has always shown expansion when consoliated near (be it above or below), once ripple gets the $2 close then we will see some spring loaded upside for ripple
nice hammer on the daily to show buyers interest at this low 1700 level.
macd flick up inline with trend break up, all that is needed now is a diagonal breakout and test the daily POC for further upside
i dreamt the other night that this run may be around mid 50s and we are currently here.
if price slows/stalls we could see a great alt season should btc move sideways whilst the market decides its next move...