It will happen this time. Last time was a market fluke. Leggo.
Maybe nyquil enables you to see patterns that you would otherwise not. Patterns that may mean, probably mean, nothing. Or maybe I've discovered the new revolution in analysis - antihistamines. This will be confirmed by atom reaching 40 late March.
I see parobolic motion validated to 100k with a previous inv h&s and a second one forming with the last shoulder in play. An ascending triangle looks like the channel it will form with a likely break down from a new all time high. If this is right, crypto is bs.
Just as eth, btc coming down to support levels. Let's see if we rise up. If not I expect to test 35k.
Eth showing a prominent and familiar descending triangle with historical support. Look for the beginning of the future coming up.
Well it's been a while now guys, may as well chime in now that there's something to analyze. Atom seems to be resting on regional support and faced with multiple tests at resistance. Looks like a breakout is inevitable.
Showing nice signs of support and a bull flag to move up to 70s
Here we see on a 4 hour a very nicely formed cup and handle playing out. Neck to headline shows an outcome ranging at the 60$ mark to complete the formation. Personally I see atom much higher before year end, but these indicators are all showing bullish trends.
I've never analyzed ATOM on a macro on a logarithmic scale before. I decided to look at a PnL chart and I found a very interesting pattern. We've had about 3 double bottoms finding support that follow with a ~200%-220% increase 8h token value. The next leg up would bring us to around 120$. FA is on point with this possibility as well.
As in our previous idea, we can see that breaking this resistance leads to one place, and its the promise land. After that, I believe we top out around 10k end of year. Not to mention a decent inv H&S.
Again, nothing stopping a huge breakout from this level.
Fully expect with Q4 developments and the regain of alt season to see this past 50
Bitcoin has slammed through historical resistance. Expect 60k within a few days.
Bitcoin showing enormous momentum and expecting it to hit new ATH before mid month
Putting ST at R1 at 42'and a 5% stop right at our S1
To continue a possible bullish channel, we need a break past 42500 and test 50k. Simple as that. Has to happen..
Macd hasn't failed the cycles yet, let's see if it can pull another.
Well, it seems as if our timeline may have been lengthened. My original idea of 100k at end of year has been invalidated, technically at least. What I can see now from a parabolic and wave function, is a possibility of extending this parabolic motion to the end of wave 5 until Feb-March 2022. Obviously with bitcoin anything can happen, and this is all speculation....