Bullish flag on daily candles with $0.00089 target. Medium term move will mark the beginning of impressive trend.
Having broken through the triangle, the price went up exactly to the height of the pattern. Now we are testing global descending channel, which was broken. Please note that testing and price correction occurs against the background of oversold by RSI. Considering the beginning of the bull market and the mass excitement of retail for DOGE, I want to say that this...
Assuming that DC is completing a bullish consolidation, it is reasonable to extrapolate the expected growth. In my opinion, the price will not reach the lower boundary of the triangle, but will systematically trade higher and test the resistance level.
The falling wedge, as one of the basic patterns for this chart, is an excellent indicator of where the price will go in the medium term. Also, I noted potential trading levels, which in turn are resistance and, in the case of a bullrun and continuation of the upward trend, will be support levels.
Quite an accurate test of the descending channel after breakout. Pay attention to the moving averages and probable price action. The patterns in price action may be similar. DC is on the cusp of global growth.
Bitcoin bullish cross on the weekly chart suggests that price will move above the high of the candle on which cross occurred. That's simple 7% growth ahead and new ATH.
If you look closely, you can see a parabola forming here, originating from $0.000215 level. Probable level of the parabola top may be equal to the height of the channel - that is, the level to which the price will reach upon breaking through descending channel. Again, the price has touched the level of June prices. This means that we have a sideways trend for 140...
If we extrapolate the historical chart to the present time, we can assume that asset is capable of experiencing a similar upward movement. Given the bull market factor and ratio of assets in liquidity pools on decentralized exchanges, x10 may only be the beginning of global growth.
Get ready for the uptrend to continue. From current candle high, the price has made 300% up in 56 days if you looking back. Hold your bags. Prepare for volatility. We are moving.
Descending global channel, which has been the main one in the trend formation for the last six months, has been broken. Now, based on several patterns, we can assume that the trend is broken and the moon will coming soon. Potential formation of a golden cross, equilateral triangle, a descending wedge - will probably throw the price above all trading levels. Get...
We can highlight the formation of a global ascending triangle, which will take Ethereum to a trillion-dollar capitalization. But if we consider a more conservative option (marked in white), then the potential target = $7,000, which in turn is possible and quite achievable. Also, if you draw a global ascending channel on several reference points, you will see that...
Structurally, the chart shows nothing. A 98% drop and price movement in a global downward channel only indicates that the bubble is still deflating. However, there is one consolation for APE holders - the sideways movement within the channel has been going on for over 100 days, which may indirectly indicate the formation of a bottom, BUT... Overbought by RSI,...
The global descending channel formed in April is currently under pressure. The price has been testing the resistance line for two weeks. The potential breakout looks interesting for two reasons: 1. The price target of the channel breakout with a probable time lag, which is due to the formation of an equilateral triangle, curiously coincides with reference points...
The potential formation of the "Inverted Head and Shoulders" pattern indicates a local trend change is coming. Considering all my previous ideas and considering what the chart says - a change in the global trend is coming. Structures are being built, structures in the plural, which together can create a bullish trend. And in my subjective view, the trend can be impressive.
CRYPTOCAP:TON idea given ten months ago worked out with 100% accuracy, but much earlier than expected. Fibonacci correction worked out the level of 0.618 and is complete for further continuation of the growth trend. At the moment, the price forecast is somewhat abstract... I would say that the price will return to the ascending channel, where the intermediate...
Here it is important to initially pay attention to moving averages and fact that the price has taken hold above the long-term moving average for the first time more than half a year. The price is potentially forming a Cup and Handle pattern on a two-year downtrend. Moon soon.
DC through the prism of the Fibonacci grid has a minimum 389% growth potential. If CRYPTOCAP:DOGE shake out the market again then all dogs-meme assets will spike hard. RSI is oversold on the monthly and weekly charts. Bottomed out.