Just an idea with two scenarios. I'm rooting for a bounce at $50k (if it even comes to that!).
FSR back up to the higher end of the channel in late May or early June.
Coins always do well leading up to their becoming tradable on coinbase. Then they do their big dramatic sell off. And after that ... ? Que sera. These ideas and (somewhat arbitrary) predictions are always fun to revisit regardless of what transpires! xox
Nothing earth-shattering here. NCNO is ping-ponging in this channel and I would expect it to go up to around $77 on or near 4/16. I have a $70 call that expires on 4/16 as well as a credit put spread $65/$60 so naturally I REALLY REALLY want it to go as high as humanly possible by 4/16. Earnings gave the stock a little bump but I was expecting more. Let's hope...
The fib-time-zones, the sine-waves, and the time-cycle-butts have spoken! The $1 to $1.50 channel seems pretty locked in. But eventually it has to breakout. I was looking at BTC earlier and saw the same type of time zone prediction for a 4/6 or 4/7 breakout. That bodes well I should think. $1.50 or more on 4/6. I look forward to revisiting this prediction and...
$50k seems like a pretty solid support and the ATH of ~$60k seems like a fairly solid resistance. We hit: $40k ~1/7, $50k ~2/15, $60k ~3/13, $75k ~4/7 ... Why not?
When I saw the 1-year chart of BTC today I was surprised how much this Head and Shoulders pattern was jumping out at me. I was definitely not noticing that in the past few weeks, and it just popped up there today. Just wanted to point that out, and also see how this publish button works. Have a good one.