im looking for this inverse head and shoulders to play out in the next few days. something to keep an eye on!
im looking for a double bottom somewhere in this area over the next few days. but just my opinion.
btc is finally breaking the falling channel we've seen over the past 2 weeks. see if we can get a successful retest or if it'l be a fake out.
there is nothing more satisfying seeing a perfect retest flipping resistance to support. now that being said we had great volume on breakout plus a picture perfect retest. also the 21ema is about to cross bullish on the 50ema. target is $240. but with market still uncertain just watch out for sudden dips!
i recently studied up on icp since it came out of nowhere. bought a few at this dip. it did come out right before the crash so hard to get any data here but looks like we may have a breakout, but be careful cause market is very uncertain we could drop lower. here is a link to icp if you wanna know more! youtu.be
well so far doesn't seem like we're going to get the daily close above 200 dma. which isn't good. also we met target for head and shoulers. good news is we bounced at the fib level of 30kish which i think it has to hold in my opinion. if it doesn't then id be super worried. also we have bullish divergences, over sold rsi, hammer candles, and institutions and...
on the 4 hour chart we have bullish divergence, big hammer candle, and oversold on rsi. all signs for reversal. if we don't reversals this is beyond technicals. hodl strong i have a discord with me and a few friends if anyone wants to join to chat crypto or learn some things. discord.gg
xvs is a steal right now. just dumped a little. time to buy
cake does have a 4 hour bullish divergence. so we will see if it plays out. but the bigger picture is we are way oversold as you can see by this chart. the cci indicator down at the bottom goes well with the channel kind of act as rsi for the channel in blue you see above. sometimes just gotta zoom out.
eth is still in a falling wedge. all the big dips are being bought up quick! but we do have 21ema crossing 50ema on most high timeframes. so we could see some consolidation for awhile, other coins should start to pump as money flows down to other alts.
one of my other favorite projects, we are currently in an ascending triangle. within the next 24 hours we will know which way it wants to go. my guess its going up! unless you know who decides to tweet some more. lol
bnb looks to be completing double bottom, its only bullish if we break neckline. the target would put us close to ath!! bnb is due for a good pump!
this is just my opinion, btc will start to climb in the coming weeks and we will start seeing 6 figures then once we top out btc.d will plummet and we will see and even bigger alt season then we are in the fall. then bear market