Hello, and thanks for visiting! I´ll get straight to the point. Both the RSI and StochRSI shows good values. I´ve drawn a Support Line, which is the lowest it can go if this the fourth Elliott Wave. This happens to be right below the golden pocket (0.618 Fibonacci Level). My Bullish Prediction: If the support holds, we could get as high as last top or even...
update on a 1h TF see previous post. 1h macd crossing can we expect a pop ? Is this the bottom ? ultimate buy target is around 16k sats if it doesn't get there it's okay because you've probably been buying in the green box Guys if you're new to this market don't go all in just average down or up depends what direction the trend is moving.
Aeron formed the strong bottom at 13k satoshis and rejected that level for 3 consecutive times. The most recent bounce occurred on the 11th of May, after which price started to produce higher highs and higher lows. ARN/BTC broke above the 200 Moving Average and then above the ascending channel, suggesting the beginning of an uptrend. The strong resistance is seen...
Reasoning explained on chart
It looks to me like cup formation finished successfully some time ago, and now handle formation has completed successfully --- leading to a transition into the breakout phase.
Stoch RSI on the lowest. Moving in a triangle.
ARNBTC with Doji reversal after sellers exhaustion. Potential 30% gain. Good luck.
ARN/BTC - 1D - (Harmonic Gartley Pattern) Investment advice is not Definitely. Shared for tracking.
Pattern educational TA ( Cup & Handle )
In addition to that perfectly formed cup-and-handle, we've got the Stochastic just begging to explode and the MACD ready to reset. We're still in a "buy" zone according to my settings, but I wouldn't wait much longer if you're looking to secure position at a good entry. $ARN is ready to rock and I'm strapped in tight -- will determine targets once we blow passed...
Long time frame charts are looking absolutely beautiful. I strongly believe we will be seeing several hidden bullish divergences confirm soon. Already bounced off a significant daily S/R. Aggressive 50% targets here. I have more orders in this bullish order block should we push the 12 hour cloud again. Don't get shaken out on this downward push!