About a week ago I drew this wedge and haven't touched it.
The 50 day MA has followed EXACTLY along the bottom trend line, and the wedge starting to look bullish as the 100 day MA begins to form.
I believe we will bounce off the 50 day moving average for either a good scalp or (if we get enough trading volume) to new or previous all time highs. If neither we...
Looking for a breakout within the next week! Daily chart looks bullish. Great scalp at the beginning of the week. We didn't get the breakout we were looking for this; but this could be it in the upcoming week.... We're a smidge over due, don't ya think?
Been watching this cup and handle on the 4hr chart form for the last couple days. The breakout is trying to happen within around an hour of my original prediction (about 10am yesterday, noticed it forming on the 3rd). Handle was extended by the BTC run. I have built my position, and shall wait for the swing. It looks ready.
BTC still going up, but IOTA is holding Fib levels at the .382 line. Price is being supported by previous resistance levels. If it goes down past the .236 line on the Fibonacci scale then we could see a week long bear market for IOTA while the price consolidates and BTC stabilizes. IOTA is very under-bought, I want to see what happens when the RSI hits 30. But I...
looks to be almost done with retrace. If BTC starts running up I expect this to go down. Currently they are following similar patters though. Large Bitcoin moves always affects alts in my observation. But this appears to be a good entry point for the next level. Would love to read thoughts and critique on this chart!
Orange and white candles are BTC, green and red is TRX.
Looks like a cup and handle forming after Fib retrace. Resistance around .00034 BTC. Maybe new Aall time highs if we break past the 1.618 fib line? IOTA seems under-bought. Handle probably won't form for the next few days. When the RSI hits 30 we'll probably see a lot more buy volume. A good time to build a position possibly?
IOTA seem under-bought, and ready to go up after retracing. Where do you feel it will end up? I think we'll see resistance at .00034.. If we break that, then maybe new ATHs? I'm new to this, would love to read critique on this chart.
Nice run for BTC, XLM going back up. Healthy chart. BTC and alts flipping again, lol. What a day. (BTC is the orange and white candles).
ADA following similar wave patterns.
Thoughts? Curious on other people's analysis? BTC higher or lower in the next week? Next two months?
What about alts? Think they're gonna go bearish, or continued upward trend?