FTM broke out of its descending wedge and has seen a decline in the average volume along with RSI trending down. This would imply it is set to retest the wedge, by going down to the 40s sats. Then it should breakout cleanly towards all time highs. Previous Idea:
As expected, formed a rounded bottom, and price is at all time high. Once it is done retesting this price point. I would expect it to cool down before entering some sort of price discovery. If Bitcoin plays nice, this could be an easy 2-3x when it is all said and done. Previous idea:
OLTETH, has been accumulating. squeezing. RSI pointing up in all HTs.
DAG is approaching the heavy supply zone that served as major resistance during the previous breakout. If bitcoin plays nice(big if, rate of change bitcoin =< DAG's), we can see it break through to the next supply zone (highest purple bar) . It will certainly get rejected, causing a cup and handle (blue and yellow). The yellow path would time the RSI perfectly...
Forming a wedge since the local bottom in March. I would expect it to break down further.
QCOM breaking down of an ascending wedge, retesting the previous support, was rejected pretty handedly. I would expect it to bounce off the .382, and get rejected again, forming a head and shoulder, inside of a handle, to complete the cup and the handle in higher time frames.
Descending wedge breakout -> Long-term trend line breakout
KAVA breaking out downward trend. Attempting to retake previous upward trend. RSI trending up in all timeframes.
Wedged up, failed retest. Bouncing off general trend line, then gap down.
NLTX - I know nothing about this stock other than it has the most obvious inverse H&S i've seen. Each shoulder is a iH&S on it's own.
The DXY is squeezing and looks prime for a break out. Anything about 101 and it'll probably start hurting the stock market in a noticeable way.
KAVA tried breaking out, but BTC sent it back down. Retesting the wedge, RSI trending up in all the lower timeframes. KAVA will break out IFF volume shows up. Previously:
BTC crash altered the pattern slightly. Forming a perfect bull flag. RSI trending up. If it continues this way, will break to the upside.
This breakout is ridiculous and has a chance of continuing. Obvious bullish divergences in all time ranges. If volume picks up this has the ability to continue at its strong pace. Putting it simply: JAN 2018 DRGN Marketcap: $1,200,000,000 (1.2 bil) MAY 2020 DRGN Marketcap: $12,000,000 (12 mill) The chart lines up with a little revaluation a la DGB.
Same idea as before just revising the time lines. NIXUSD pair is starting to gain traction and volume is starting to pick up. Can an RSI form an inverse H&S?
KAVAUSD is trying to break out of the current inverse parabolic trend and getting squeezed by a wedge. RSI stuck in the downward trend, if it gets rejected KAVA retouches the yellow trend around $.48 before retrying a breakout. Note: KAVABTC is in free fall, so take that as you will.