ETH has clearly broken out of the parallel channel shown and is looking more bearish as the days go by. I've marked on the chart the next support zones to pay attention to. These zones would be the best areas to look to go long. You can also consider a short but with a tight stop in case of a bullish push from the whales. Let's see how this will play out in the...
With BTC finally showing a convincing local top at $69,000, I began exploring ideas for where the current retracement could end as well as what's next.
Looking at the $29,300 bottom and creating a trendline with the $39,600 wick on 21 September, we can see it was respected a week later. This would make it a valid trendline in my book.
A typical retracement in...
The mood of the crypto market shifted from " a new bear market started " to " long live the bull market " in a matter of weeks.
Looking at the big picture of the crypto market capitalization starting from the bottom in March 2020, things become clearer. The excessive euphoria that grew during the first months of 2021 needed a reset. The RSI captured this general...
HNT has been strong even when BTC dropped.
This technical analysis looks at previous bull trends to predict the price at the end of 2021 summer.
I'm using the fibonnacci retracement tool, as well as trendlines and APEX.
Let me know what you think.
Hello Everyone,
I have been seeing a lot of people saying that the bull market is over. I am still very bullish and for the last 3-4 weeks I have been calling for a drop to around the $45,000 area. This thing is just getting started. Let's go over a few things.
1. There have been 2 other bull markets all lasting about a full year from their previous all time...
although seemingly dead to many, verge has exhibited strength among the 1000s of cryptos
this anchored fib channel shows possible fib extensions for verge
not financial advice
Localized Uptrend with great volume, bull flag, and decriminalization of marijuana in the USA. Lets see if the trendline holds
TA interpretation + personal opinion = not investment advice*
Best of Luck!
since there is a large piece of DGB chart history missing, I took the time to research the date and price for the fib channel anchor points that occurred in the 2017/2018 bull run
targets are pretty attractive after the high of .13 gets taken out
currently sitting on the 200 dma (7 month ma in black)
this is not financial advice
just a look at the possible...
The future looks bright . The bull market is here! In this technical analysis you can see that bitcoin busted through the Fibonacci level 1. Btc is heading to bust past the 1.272 & 1.414 level ultimately leading to touch the 1.618 level. You can also see its almost time for the RSI to rise and bust through the 70 level.
If you think crypto's future is bright,...
they tried and tried but it looks like this is the tap out for the bears
at least for this inning
.40 monthly support may be the point of final capitulation
or just maybe they can eek out a piercing of the .40 level
either way the bears are looking out of breath
I get it, Peleton is a hot stock and seems like a great product during the 2020 pandemic/ Bullmarket boogaloo. But, if you heard about a stationary bike company that was valued at 40 BILLION dollars any other time you would not want to become a new investor. I expect this stock to continue to do well this December due to Holiday shopping season and Fed QE . But,...
