My target has been the golden pocket 0.618- 0.650 fib level for Apple since the dump began.
That price point was near $146.00
MACD and RSMI divergences, though slight may indicate some softening in the downtrend....at least on the daily time frame.
Apple is a huge part of the entire traditional finance market which crypto is currently and unfortunately...
Another sign of hope for the bulls.
Bullish Par Sar flip on the weekly chart.
Recent historical evidence suggests upside continuation likely though certainly not guaranteed.
The play is to go long and remain long until a bearish flip occurs.
A break over either the 24 week ema or trendline resistance just adds more bullish confirmation support to the...
Nasd currently at the 50% fib and very close to the 200 week ma.
Support failure here drops price to the fib golden pocket around 10k.
This is what progressive police does to a country.
Just a heads up...Careful!
This is just "dubious speculation" and one possibility among many possible scenarios.
Unless price manages to rally and close over this weekly candle high of 55918 within 1 week (this coming week) I'd expect a sideways boring price action until Christmas week at the end of the month where a possible small rally to 55900 would occur.
That number (55900 - 56000)...
1) Bullish Parabolic Sar flip
2) Bullish break of CCI out of oversold and trending higher
3) Bullish break of RSI 8 sma
4) MACD bars turning positive.
This is all on the WEEKLY time frame which suggest continuation as longer term players regard the weekly as the time frame to watch for major sentiment shifts.
I personally always watch the Parabolic Sar on the...
Shoutout to Crypto Kirby for bringing this indicator to light.
Green Vix Fix bar in combo with a deep read on the CCI has led to some decent reversal signals.
We are there, or at least very close to that signal set up yet again.
Odds certainly favor an upside push from these levels. Shorting here is a very high odds proposition. Short covering more probable.
Note the green-red-green dot pattern that led to a 60+% rally in October.
Same set up has just occurred.
Need 1 more green candle to confirm the green dot then Bob's your Uncle and a Merry Christmas to Bitcoin bulls the world over.
Set stops below 46800 in case the Grinch bear decides otherwise.
W pattern on Solana
Suggests a break and hold over $230ish will lead to a measured move price target of $287ish
Consider using Parabolic Sar for stop loss targets.
Resistance areas at $245 and $258 may temporarily stall price momentum.
$258 is also the X_DEV price target for initiating a partial sell.
Note the green dots on the upper and lower indicators. Also note when they appeared in late July and early October.
Liking the latest green dot right at the zero line on the upper indicator.
Decent volume candle for today so far as well as a Parabolic SAR dot bullish reversal.
Bitcoin looks good as well though it doesn't have the green dot on the upper...
Just one of many possible scenarios.
Look for a bounce to the 6400 - 6500 region then another big red candle to bring price under the 59650 support.
If current horizontal support at 59650 fails, then a drop to the trendline around 52635 in mid December is plausible.
The blue candles are simply a fractal of the September downtrend we just experienced.
Eyeballin the triangle (or rising wedge) for a break over resistance at 3.44
BBWP contraction in volatility to the 50% level should be good enough on this play before expansion comes back.
Easy long setup with stops placed just under the rising trendline support at 3.09 or you can use the Parabolic Sar dots reversal to determine exit strategy.
Mana is a top...
Ethereum W pattern suggests further upside dominance over BTC in the short to intermediate term.
+DMI and ADX on the Directional indicator confirming bullish momentum.
Look for mild resistance around the .07 level. If that breaks look for sounds of "flippening" in the twitterverse....lol.
After a monstrous bull run of 22,666% HEX has retraced to the 50% Fibonacci level.
The wicks on the last few weekly dildo's suggest the bulls are able to hold this line as support.
Risk to reward ratio suggests toe dippage here with stops just under .25.
Add to position on reversal confirmation over current dildo high of .34
Breakout over 1.07 confirmed on decent volume.
Volume profile suggests little upside resistance ahead.
The Graph is said to be the Google of blockchain.
Was just implemented on NEAR Protocol. Already implemented on over 25 blockchains.
Upside target would be the new highs around 1.64