Just a quick idea while on vacation that I noticed, logged in to my wife's laptop real quick to publish. Looks like its possible this dip is bullish and we've formed a new parallel channel uptrend on the daily log chart, first bottom of channel re-tested previous high prior to channel's start, 2nd test of bottom of channel made a lower low. Bullish? I think...
This is just a quick hopium theory, but I do think it's actually a possibility: If we are in a logarithmic parallel uptrend, the completion of this all-time W pattern has HBAR at 3 dollars by June 1st. Several notable predictions have had targets of 3-5 dollars for HBAR for this bull run, but could it actually get there this soon?
Triple bottomed on HBAR during the strong dip today, closing with a higher low. HBAR showed a ton of strength here during a rather large BTC market dip, a wick went lower, but our candle closed higher than the previous two lows. I'm expecting a big move up from here considering the market dip doesn't resume and take us further down. For targets, see linked charts below.
Quick chart - ETH has been preparing for most of its life for this move. Don't miss it. ~0.0448 btc is next, then higher
Quick chart post-dip this evening. Dip was not so big on ETH, we look incredibly strong, the wick didn't even touch the previous support. Next major stop should be around 3100 area (3105-3145ish - see fibs), may see a smaller stop around high 2600s to low 2700s. Targets based on support/resistance, fibs, and logarithmic parallel channel. Should the dip...
Quick bullish idea for HBAR / BTC. I actually found this old chart in my list and hadn't checked it in weeks, everything was already drawn as-is except for the orange target line, and it was missing the fibs. If we continue to follow this channel and have a repeat of the previous move, we should see over 1000 sats relatively quickly when it starts to move...
Quick and dirty, log / line chart, daily channel, top of channel and next fib level = target @ a bit about 3200, target in between is midpoint around 2650-2730, a break up and above channel would shoot us up significantly higher.
Quick update - here's how we're tracking so far since the original idea was posted in November last year. Original idea linked below.
It'll happen quickly, and when it's done, its the end of the bull run (imho). Related ideas below.
Is Tezos about ready to make a parabolic move? This is its all-time weekly logarithmic chart, and as you can see it has formed a parallel channel that it has tried to break up and out of several times now. It has also bottomed out on BTC pairing (twice), and is one of the few not to gain back against BTC since other alts have begun. Will we attempt and...
Hedera Hashgraph has found itself in a logarithmic parallel channel after breaking out of a linear one recently (see previous idea linked below). Short of a market crash occurring (possibility does exist), I expect continuation of our bullish momentum, for quite some time. Above are a several potential paths I think it could take from here, including the bearish...
This is a hypothetical scenario, but with a real possibility of happening someday, if not soon or even this month. Similar patterns don't always repeat, but sometimes they do when circumstances are similar. A 4th wave is sparking a lot of fear around the world at the moment. Germany may even close super markets in the biggest lockdown they've had yet. ...
Let's try this again, see previous similar idea from HBAR/USD linked below. ETH / BTC has formed a strong parallel channel uptrend, with multiple attempts to break up and out of this channel. As we know, the more knocks at the door, the better the chance to break through the door. On the other hand, there has also been one very strong attempt to break down and...
Today records the largest single day spike in worldwide coronavirus deaths, at over 60,000 new deaths reported. The same is true with a massive surge in new cases worldwide, brought on by new variants of covid-19 from UK and South Africa. Sao Paolo, Brazil has alone reported a record 1021 deaths within a 24 hour period: www.reuters.com Germany is implementing...
Here's a quick & dirty bullish continuation scenario idea for HBAR / BTC breaking out of a triangle drawn based on current price action on the 30min chart. Rough targets on the chart.
BTC Dominance is nearing a critical level, while ETH dominance has been rising. I believe it has been held back presently because of accumulation. If BTC dominance loses 59-60%, ETH dominance will rise and break up and out of this ascending broadening wedge and confirm an inverted head and shoulders pattern, and reach our target on the chart. Here is BTC...
Quick chart for HBAR / BTC 30min time-frame: -- Good chance to visit 721, may see slightly higher high ~775. Two possibilities after that: 1.) touch previous all-time high around 817-867, or 2.) a double top here and a significant pullback into the low 400s. At the moment, double top seems possible because prior to breaking out we were forming a wedge...
HBAR and LINK are behaving very similarly during the first year and a half of their respective launches, I expect this to continue in some similar fashion with HBAR. The ratio of movement is a bit more exaggerated with HBAR than LINK did vs BTC, but the patterns share similarities. Here's what it might look like should this similarity continue. Previously...