Signs this is so: Contracting triangle that's been simmering for a while now. Spurts of positive price action yesterday, followed by extended lulls, as if to presage joyful tidings, but not before playing you with a couple of dicey-looking comedowns.
Several indicators of significance point to explosive price action upwards in the coming day or...
Contracting triangle that's been simmering for a while now. Saw spurts of positive price action today, followed by long lulls, as if it was presaging joyful tidings, but not before many comedowns.
Several indicators of significance point to explosive price action upwards in the coming day or days.
First, volume has picked up considerably,...
A more conservative idea to temper the giddy one I posted yesterday: the first of three vertical green bars painted on 30 August may be conceived as the start of a support trendline that's since manifested into the bottom of what appears to be a bullish flag formation.
If so, adding the difference between CGLD's/CELO's open...
So I am the best purveyor of advice I
don't myself listen to it seems, because
2 days before CELO's--or as Coinbase
denominates it--CGLD's breakout to
10.8, I drew up an unpublished chart
which illustrated my reasoning for
thinking that it was due for a double-up
at least very soon (basically it seemed
to me it was at the tail end of a massive
bullish pennant that...
This is what is in store for you farmers holding many FARM tokens in the coming hours or days, hopefully the former (I'm one and I bought buckets of these today in the high 230 - low 240s range during the big dump):
A canonical bullish pennant whose beginnings look to have taken root around the hours of 9-12 am CDT (if you zoom in to the 1hr...
Seems to be a continuation of a bullish week. Correlation with BTC has also been weekly divergent, which may bode well if bitcoin endures a more-than-likely early Asian morning hours dip.
To my untrained eye, what's going on is this: as traders in the western hemisphere shut down for the night, those on the other side are just starting to get busy. And by busy I mean do what they have been doing best after their lunch hours (at least as of late): run up the price on BITCOIN, with altcoins following suit big-time,...
Newly added coins on Coinbase Pro (and most other exchanges as far as I can tell) tend to swing violently up, down, then up, as in a head-and-shoulders-type structure, alternating that with its inverted counterpart at times, usually many times over the course of its inaugural week and sometimes longer. We saw that with ADAUSD yesterday. MATIC is repeating its...
Assuming bitcoin goes on another one of its mid-day diving missions (fun times for us swimmers!), I see a potential impending wick down to around $4.9 in about half a day, if not sooner, after which I see the right shoulder formation depicted on my chart playing out. Again, this is assuming bitcoin goes for a dive.
So I'd place a few limit...
I’m seeing an incipient cup and handle formation. Confirmation needed in the way of continued steep uptrend a la the $0.21 surge seen from days prior, which constituted the beginning of the cup. Image at /x/XbSHLbbC/