Seems like $SHIB found its support level around $0.00002200 and might possibly retest previous high around $0.00003500. Breakout to this to around $0.00005000.
However if the $0.00002200 does not hold, might retest back $0.00001700.
Nice $BNB another bullish renko bar forming. If trend continues, which I think it will + their buyback, I expect it will create new ATH at 1.618 fib or >$500. Immediate support at $393, breakdown to $352. Trade Cautiously.
The best estimate LTC Price I'm expecting is at $577.00 or 1.382 fib level. If it breaks the longterm resistance area around $170.
It's the Compounded Annual Growth Rate (CAGR) of 199.25%.
This is computed as: Closing Price x (1 + CAGR)
= $124.69 x ( 1 + 199.25%) = $373.14
Sharing my forecast
The best estimate ETH Price I'm looking at is $$3,501.73 using Compounded Annual Growth Rate (CAGR) or 2.618 fib level.
Computed as: 2020 Closing Price x ( 1 + CAGR)
= $737.80 x ( 1+ 374.62%) = $3,501.73
That's the height of the triangle and put that at breakout, and that's approximately $1,931 or that's...
I want to share my BTC forecast for the year.
The best estimate BTC Price I'm looking at is $292,657.77 or close to 300K on or before January 8, 2022 or that's exactly 1,476 days from previous cycle.
I used logarithmic chart here.
Using Compounded Annual Growth Rate (CAGR) for the period of 9 years of 313.20%, for this...
I was exploring Tradingview chart until I tried the inverted scales, then Logarithmic.
I tried to analyze it, and if history repeats itself, I'm looking at 300K price target for BTC on or before January 2022.
From that high, then more than 80% correction or around close to 50K. Let's see how it goes.
ZIL just recently released their Ecosystem Growth Report 2020, which you can read in their website.
So amazing, unstoppable ZIL is approaching $0.10 resistance area.
But for 2020, I'm looking at 0.618 fib or around $0.15 as possibly closing price. Breakout to this could possibly retest ATH.
And more exciting things coming for 2021 that could create new ATH....
What a dump. However seems its already oversold and like regular bullish divergence forming in 30m tf. Hold/consolidate at this level could possibly bounce and retest 23K. Breakout could possibly retest previous around 24k. Immediate support at 0.618 fib or 21k. Break this level could possibly retest back 0.786 fib or 20k. Trade Cautiously.