Patterns are helpful in determining a direction of the trend. Do they have 100% accuracy?, NO. They do provide a bit more insight to spot targets. Adan and Eve
Are we getting close to the bottom? Maybe. The upside potential is worth starting to deploy some capital.
Another chart with potential downside. Either way we slice it, it looking like we will break ATH leaving it in the dust.
Failing wedge breaks up. Sure I see the deviations and potential to move lower but I also see the upside potential and would not want to miss it for a few racks.
Squeezing. Bear flag upper range test or breakdown at diagonal resistance?
LINK is one of those coins that will end up surprising everyone. Many of the smart individuals i know believe in the fundamentals. This is a chart where I learned to take wins and losses. Key thing to spot on the chart is the RSI is in a failing wedge. Breakout of the wedge to the topside can signal a reversal. Will update as the market gives data.
Monthly RSI at bottom of range. The previous bear cycles lasted for over a year. The question is how long we will hang out here in the current trend.
We have ourselves an inverted head and shoulders at support on lower TF. I believe we will be moving up for bit. RIP
I see a cup and handle forming to the downside. Trade safe out there.
SNX held at key support. Do we load a pump here? I may punt. CC: DYland!
This chart is looking bullish. As stated in the past. The higher this goes, the higher the punishment on altcoin setups.
Looks like we found support at 620.82. 830 area will be a potential bear retest. If we can maintain momentum. i think we can blast through the diagonal resistance and tag the golden zone at 954.
Some of these coins hadnt seen a bear cycle. Looks like support is around these areas in green box.
Target hit for the calculated move. Any loss of this area will accelerate downward move.
Dominance is grinding upward. This is not ideal for alts coins. I believe that the majors are less affected by this measure. Imo this is a point in the market where we see more people falling into BTC ETH USDT USDC.
This continues to hold range. Lets see if she holds current level. Loss of this level is probably lights out