The bigger break-out occurs when btg breaks about 2444 sats. Depending on where this candle closes, it might break out of the smaller triangle and maybe run. I think they're releasing a wallet soon so that might help with buy pressure.
The last break-out failed so I just re-drew the line. It's oversold now and should bounce here. Best play imo is to buy now at 66k sats. Next best play would be to buy the breakout when it closes outside of the triangle. Not sure about targets.
This is prob some of the shittiest TA that I've ever published lol. Criticism welcome.
- bullish 50 over 100 SMA crossover coming - everything looks identical to when it happened last time --> price is inside similar looking red cloud --> stoch rsi identical --> rsi identical --> trend looks like a very similar fractal --> volume rising Wouldn't mind at all if we saw the entire secular move unfold identically and went around 7x from here like last...
- hidden bullish divergence - stoch just flipped to bullish momentum - M top on btc signalling bearish short term movement - W top on waves, signal bullish reversal w/ top bband tags to follow - repeating fractal on btc (not pictured, but you can see it with the M top that just occured) with the next leg being bearish - super bullish signal with price crossing...
- bull flag formed; looks like it'll break up very soon (conservative target looks like 104k) - hardfork happens on 12/15
- Coming to a decision on 12/27; lined up perfectly with a kumo twist - nice chance of kumo breakout. - Somewhat similar to previous bullish breakout (price crosses above cloud followed by bullish SMA crossover 50 over 100) With respect to fundamentals, Stratis last hyped announcement proved to be a dud. The next major release occurs on 12/31. It would make...
- bull flag - bullish crossover - bbands tightening Not super reliable since it's on a low interval and volume is low, but it's worth a look.
- volume way up - bullish sma crossover (100 over 200) - bullish sma crossover (50 over 200) - 50 over 100 crossover is coming I think - rising wedge - good chance to break out above rising wedge very soon to at least 78k satoshis
Might take a week or two, but the price is going to break above the cloud and there's going to be a 50 period MA over 100 period MA crossover right after signalling long entry. (Golden cross takes too damn long) Might be worth playing the bounces until then since the range is pretty wide.
- prob going to dip even more before finally reversing into a huge bull run - fml
- trading above cloud at lower intervals - 50 SMA broke above 100 SMA and 200 SMA earlier on lower intervals, bullish - just finished an h&s on lower intervals, but the neckline isn't bearish - staying above 0.5 fib on retrace, so bullish continuation likely - W bottom on bbands at 12H interval signalling bullish reversal... expect to see it tagging the upper...
- trading above the cloud - bull flag/pennant - not shown, but I threw in a Fib retrace and it's holding above the 0.5 line so high chance of bullish continuation
- stoch rsi & rsi both bottomed out - Even when you zoom out to weekly intervals it looks like it's due to recover Prob going to reject going any lower than it is right now and pump.
Ascending triangle Break-out should happen ~ 12/7 if not sooner
Broken fractal. But still man. No way this shit doesn't correct.