Red - once over, expected support.
Green - target selling price for each target
Yellow - Immediate Stop Loss
Target Zones (theoretical) and the lines described above are just a formatting structure that I have been testing. No idea if this project/price will continue upwards -- PRACTICE / FORMAT -- purposes only.
Prediction based on trend lines established over the last 2 years along with a pitched fib channel.
With Bitcoin facing a potential breakout, I plan on exiting MOST of my holdings here.
Depending on the market volatility and BTC's price movement, I will hold off on re-entering until establishing.
* Something I would suggest doing in the case of most...
Target 1 : 388sats
Target 2 : 422sats
Target 3 : 435sats
I'm expecting a bounce to 388, which is due, in the very near future, but am thinking it won't hold up as a resistance and we will see low 400's. Keep an eye on the volume and don't get trapped chasing.
The visible chart may be distorted. If that is the case, I've added a snapshot of my guess as to how it will unfold.
** caution ** be cognizant of the support line (red) - If it fails to hold, I suspect we could fall down to the 2987 sats area - which would be my next entry price.
Ramped up Volume - A consistent increase since the first week of January. This is somewhat hidden/deceiving due to the volume spike on the 26th of November.
Heavily Suppressed - One of the few hidden gems to have a true break out since BTC's drop from the $6k support.
Channel Breach - The channels established during BTC's early 2018 have been charted and...
PRACTICE Technical Analysis / Charting
Both the targets and the trend lines are estimations/hopeful predictions. OMG is a notable project that has been accumulating too much volume for it to be pressed down in this low of price range.
ZRX has been in a major downward channel.
With the lower supports already tested, we've seen a press up past the next resistance, which are acting as a support right now. I suspect, if it holds, we will see a bounce to 9800 sats.
Two major conditions play into the second, and possibly even third, leg up:
First leg looks good, but the second...
PRACTICE TA - NOT Financial Advice
Established Trend Line
Support @ 1200 sats
Correction of 50% Previous Run
Alt Coins Gaining Traction
With the recent Alt Coin runs, I'm expecting 0x to take advantage of being ONE of two coins listed on Coinbase under $1 !
I may have fudged the TA to fit my theory, but I believe that between the gradual...
TA Practice - ONLY
Still relatively new to trading and I use this platform for my personal predictions - yes, I am entering this trade.
That said, as you can tell by my previous posts, I am often off the mark with these predictions! So, please don't consider this trading advice by any means. If you do manage to stumble upon it while looking into WTC I would...
All shilling aside, this coin was worth $50 in December and was limited to an exchange no one had even heard of -- until now.
If Bitcoin continues upward, this coin will too. I'm thinking that this "zone" is where you're going to want to load up if you're not already holding...
( 100% theory - not financial advice )
Zones = significant regions
Paths = previous trendiness
** POSSIBLE ** means just that - this is by no means a guarantee!
Still fine tuning my charting skills - hoping to better predict the inner workings of BITCOIN and patterns.
Having charted this bc of some strange buying patterns in the order books, I've come across quite a few patterns that converge in the near future.
We've seen this BTC fork make some serious gains at what often seem like very random times.
Here's to me probably making a bold assumption for no reason - I'd love to year your thoughts in the comments!