On the above 4-day chart price action has corrected over 90% since the sell signal in August 2021 (not shown). Now is a good opportunity to go long. Why? 1) A strong buy signal prints. (not shown). 2) Price action resistance breakout. 3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period. Is it...
On the above 4-day chart price action has corrected 99% since January 2022. A number of reasons now exist to be long, including. 1) Price action and RSI resistance breakouts. 2) Multiple oscillators print positive divergence with price action. The higher the time frame you go the stronger the divergence. 3) While the market has been in full panic mode volume...
On the above 3 day chart price action has corrected over 90% since 2021. A number of reasons now exist to be long, they include: 1) Price action and RSI resistance breakouts. 2) Trend reversal, higher highs higher lows replace lower highs lower lows. 3) Support and resistance, the black arrows, price action has confirmed support on past resistance. 4) The bull...
And possibly below $10 after that? Most if not all Alt-tokens have returned to their 2017 lows with 95% to 98% corrections since 2021. Pick any token popular at that time: 1) DASH.. 95% correction with a return to $25 in 2023 as it was in 2017. Inflation adjusted, the price should be $19! A bucket of expired sardines in a Norwegian Fish-market has gained more...
On the above weekly chart price action has corrected almost 99% since April 2021. A number of reasons now exist to be long. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. Higher highs higher lows replace lower highs lower lows. 3) Support and resistance (green channel). Price action confirms support on past resistance. 4) A...
On the above 4-day chart price action has corrected over 90% since 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action confirms support on past resistance (grey bar). 3) The falling wedge pattern forecasts a move to the $200 area. Is it possible price action corrects further? Sure. is it...
On the above monthly chart Silver has corrected over 35% since the year began. A number of reasons now exist to begin accumulation. Why? 1) A ‘incredible buy’ signal prints. See weekly chart below. Not since September 2018 has such a strong signal like this printed. 2) A strong Dragonfly DOJI candle printed with the close of July. This told us $18 was very...
Very probable. In the next 6 to 9 months. This idea is a continuation from the idea: ‘Is Bitcoin about to collapse to $20k ??” published back in December. You can read it here: tinyurl.com Previously the $20k target was based around the idea of a wave 4 Elliot wave correction. A strong sell signal on the weekly. Now everything is in reverse. Wave 5 rally seems...
On the above 3-day chart price action has corrected 96% since the awesome sell signal back in March 2021 (not shown). Now is an excellent moment to be long. Why? 1) A break out from price action and RSI resistance as price action falls on historical support. 2) Multiple oscillators printing bullish divergence over a 7 week period. Amazing. 3) The target is $8....
On the above 6-day chart price action has corrected 97% since August 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Stochastic RSI resistance breakout. 3) Regular bullish divergence as measured over the last 2-3 months. 4) Falling wedge breakout + support. 100% upside target projected. Is it...
On the above 5-day chart price action has corrected almost 80% since the 500% move from the previous idea. Now is a good opportunity to go long. Why? 1) Price action and RSI resistance breakouts. 2) Trend reversal, higher highs and higher lows replace lower highs and lower lows. 3) Price action finds strong demand on past resistance. Orange circles. Look...
On the above 4-day chart price action has corrected by 95% since a sell signal printed. Today is great long opportunity. Why? 1) RSI and price action resistance breakouts. 2) Multiple oscillators print bullish divergence. Look left. 3) Price action prints on support. Look left. Is it possible price action falls further? Sure. Is it probable? No. Ww...
On the above 3-day chart price action has corrected over 90% since the sell signal in October 2021 (not shown). Now is a good opportunity to go long. Why? 1) A strong buy signal prints. (not shown). 2) Price action resistance breakout. 3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period. The...
On the above daily chart price action has consolidated for approximately 20 days to form a pennant formation. A breakout occurred today. The pennant breakout occurs on past resistance, which now confirms as support. The forecast is straightforward enough with the flagpole measuring a 60% move to the upside. The target area is not to be confused with a market...
On the above 3 day chart price action has corrected 95% since early 2022. A number of reasons now exist to consider a long position, including: 1) Price action resistance breakout. 2) Trend reversal. 3) Support and resistance. Price action confirms support on past resistance. 4) There is no chart pattern or otherwise to estimate a target area so don’t ask!...
On the above daily chart price action has corrected 70%. A number of reasons now exist to be long, including: 1) You know why.. 2) Multiple oscillators print positive divergence over an extended time frame. Look left. 3) RSI resistance breakouts on both USD and BTC pairs. 4) The last time those conditions printed a significant move followed in the days...
On the above 1-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including: 1) The ‘incredible buy’ signal. 2) Broken price action and RSI resistance. 3) Price action is testing past resistance (green line), look at the weekly chart below. 4) Price action has corrected to the golden ratio (see weekly chart...
On the above 4-day chart price action has corrected by 90%. Today is great long opportunity. Why? 1) RSI and price action resistance breakout. 2) Multiple oscillators print bullish divergence with price action (orange circle) 3) Price action prints on past resistance since breakout. Look left. Is it possible price action falls further? Sure. Is it probable?...