soggylegobrick

soggylegobrick

Bearish divergence on BTC. We saw the same thing back in January and it crashed 50%, + this time it would also be a double top. This might not play out, but it's not looking good.

soggylegobrick

Descending triangle and golden fib support. I think this can trigger a pump to about 90k, from another chart which will be linked.

soggylegobrick

Simple ABCD pattern for BTC. Linked will be a zoom in to show why we can break upwards and continue to ~90k.

soggylegobrick

Ascending triangle on BTC. If it plays out I think the .618 fib is a reasonable target.

soggylegobrick

A different line for my previous chart (linked). Things were looking sketchy for a moment when we reentered that pennant, but it seems like we might be heading out, hope it's not a fakeout. Be wary. NFA DYOR Stay healthy and stay safe.

soggylegobrick Updated 

BTC looking for more continuation to the upside. Linked is another bullish breakout in process on the smaller 4hr timeframe. If that comes to light, it could tip this bullflag in the right direction. There is the support of a fib level, as well as many smaller period MAs right under the candle (which I did not include as it made the chart look messy). The first...

soggylegobrick

DOGE looking to continue upwards or retest ~.23. Pulling up major MAs on the 1hr, they are all directly on top of the candle. If the price pushes up any higher it will have the support of these MAs as well as a short term fib. A BTC move to the upside could also tip this upwards. Alternatively, it could break down and retest previous support lower in the .20s....

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Cardano looking to dip lower after a brutal red candle. There is a pennant forming with a .5 level just above. It hasn't been following any BTC pumps lately, so I don't expect bitcoin to interfere with this breakout. If the price does break down I see it going down to at the very least 1.8 (the next fib level), though it's not unlikely that it will go lower. NFA...

soggylegobrick Updated 

Ethereum did a double fakeout(?) for a bullish wedge on the 1hr. Now back above both trendlines and just above a short term .618 fib, it looks like its time to take off. NFA DYOR Stay healthy and stay safe.

soggylegobrick

BTC is looking for continuation, just breaking out of a bullish wedge with the support of a fib level. If it does take off I suspect it will make it to the 66-67k resistance level before hitting resistance. Moving averages are also looking supportive. As always this is not financial advice and you should always do your own research before making any...

soggylegobrick

Bullflag on silver. Little setup shown on chart once we see a breakout. This is not financial advice and is only my own idea. You should always do your own research before making any investment decisions. Thoughts/suggestions are appreciated in the comments!

soggylegobrick Updated 

BTC recently had a break downwards on a big trendline before coming back up and above it. Now that it is a all but confirmed what we saw was a fakeout (red circle), we have to wait to see which way the breakout will really go. I personally believe it will be to the upside (green line), as a bearish breakout has already failed, but I also see the possibility of the...

soggylegobrick

BTC dominance looks like it will rise in the next few months. The only problem I see is approaching the 200 EMA which has been respected in the past. But if that doesn't become a problem, I see BTC performing better in the near future. Let me know about any thoughts or suggestions in the comments!

soggylegobrick

Note: I started this post yesterday, and since then the price has changed. However, the point I make is still the same. Dogecoin recently broke above the trendline shown in the graph and has started building support. It is important that it stays above this trendline, as if it fails to do so, things could go bad for the coin. I am only a beginner so please...