we just need to break through the cloud and i think we will form something close to this pattern. The RSI is almost back where we want it for an up swing, and with decreasing volume less trades are being made (more are holding) along with faster runups vs selloffs (selloffs are taking longer and longer while buying is happening faster and faster). CMF can confirm...
so this time i looked up the lowest price paid for com right? i found it to be around 61.30 usd, so i set an angle fib and lord behold its folowing those supports and resistances pretty well, which can give a gr8 idea of price action the 0.236 will serve as a resistance buy at or anything bellow that, resistance to break will be the 0.382 mark...... im thinking we...
hey guys, here an updated examination on comp. (ive been geeting a few request to update but life has had me busy so sorry it took a while.) sooo comp has been correcting a bit more than i expected but if u had ur entry price where i suggested in my most recent post u should be sittin on a nice gain. Do not sell ur position!!! comp has one more nice pump before...
after this slight correction im thinking itll pump hard here soon... more info on trading patterns www.forexgainrebate.com
target around 300-350$ buy while everyones asleep and theyll buy when they wake up ;)
sooo wait a lil before u can buy at 230ish and target is still 280-300 for a sell price. peep the rsi, macd and nice lil triangle forming....may take a few days but once it reaches those lvls its about a 50/50 on breaking out up or down..... really depends on what ether and btc are doin at that time. if eth would have stayed at the price it was few days ago this...
macd, rsi and fib retrace all show we could move within the triangle, possibly break out to the upside but thats a risker bet. now taking at the next few fib retraces will be EZmoneyssss
decent set ups for this one could test 40 cents here soon maybe break higher is everything goes well... remember this was trading at above 1$ at one point 50-70 cents isnt totally out of the question.
guys im telling u this is very similar to a few of my predictions that were almost 100% correct (missed price by a few %s)..... the defi rush is locking up so much value rn comound will pump hard here soon!!1
nice lil trangle forming, lack of momentum behind btc makes it very bearish rn.....smart money will be leaving an comming back later...
beautiful potential triangle forming, buy at the optimal fib retrace and sell at the to or risk it and see if it breaks a new high!
all the longs are about to get eaten up in another great bull trap.... not as bad as the 2017-2018 bll trap but basically the same buyers. soon smart money will start a huge sell off....
Just a possible outcomes, I do not think btc is going to moon, however itll probablly test the fib retracements and most likely fail. Strong possibility for the 3rd triangle in yellow 5k btc then moon.
The chart itself says enough, is still very much in a short to mid term run. Wouldnt make a bad long as well... anything below 2.40 is a steal. target 3.50+. could possibly see 5$+. GL out there traders. disclaimer: just MHO.
RSI,MAs,MACD and Volume all suggest we are about to dump at the very least move downwards towards a correction. could we go higher? yes possibly, the halfing hype has always made people irrational, but your placing most of ur faith in just that. hype.
nice larger triangle forming, buy price anything around .65 sel price .80-1$. GL
absolute best case scenario, we keep pumping. as long as we stay above the cloud i think that likely, if we break into the cloud then we could bounce off the support, if we move under the cloud (most likely n what im banking on) then a new smaller down trend will start to continue the current larger downward trend following the nice triangle pattern and we moon...
decending wedge coming down from previous top, quarantine easing up oil will soon be back to normal!