First it was a 50 /100 MA golden cross Now we are faced with a 100 / 200MA golden cross This should lead to the reclamation of the major uptrend line, if you are looking to buy realise you are still early. Very early. This golden cross will be epic.
TOTAL2 has transition to 2.618 within the strongest Fibonacci circle trend. This will likely lead to the bulls continuing their run. Its a strange pattern but I believe it can be interpreted as a bullflag once the area within the triangle (flag) completes. In the attached chart I see a large bull impulse move coming within this newly discovered 2.618...
Potential upside to 1.618 if 0.618 holds Looks very bullish The pattern forming looks very suited for a large bull move like this one in bars pattern. I believe the altcoin market is forming a giant bullflag.
Some key lines / areas for a bull run TOTAL2
Sitting on top of major trend line with a golden cross imminent This may lift off, volume seems low
Monthly MACD cross Mirror RSI level reached I don't like to sound like a doomsayer but this looks quite scary bullish, capitalize.
Speculative scenario for 3 falling wedges TOTAL2 - Altcoin market 1Hr timeframe
Crazy price action.. Many inverse H&S patterns have formed which is a good sign for my fellow bulls Green triangle between fib circle and curved line is buy zone for alts, and most likely BTC.
Falling wedges, likely breakout upon retest of top of wedge
A fractal indicating possible bullish movement The bars pattern is of course very speculative
Few wicks and a fib transition This may be big This is the only bearish scenario i can see for TOTAL2
Possible rising wedge breakdown with potential breakdown points displayed by Fibonacci spirals I have done a lot of work with TOTAL2 and my bull outlook gives some good points for the case
Good day to all crypto fans! To understand the future, you need to analyze the story. So, the growth in the value of the entire cryptocurrency in 2016 began with the active work of Vitalik Buterin and the large-scale use of the ETH platform for ICO of new projects. In 2019, market growth was prompted by the work of Binance and the launch of new projects on this...
Correlation between gold and the alt coin market cap, both appear to be forming a 'golden cross' which should arrive early april. This is a MA pattern in which a short term moving average crosses a larger MA, leading to upsides, in this example it is the 50 and 200 day MA. Gold however has a strong resistance mirror resistance level, is this the point in which...
Simple cup and handle observation, this is a bullish reversal chart pattern. 1H chart. Handle has already formed and is looking to push upwards. Currently sitting however at a strong horizontal resistance.
TOTAL2 is showing signs of a falling wedge on the 4H chart, shorter timeframes like this are often less reliable and shouldn't be regularly used, but the falling wedge looked nice so yeh. Anything in this area is bargain material. Another angle. Linking my MACD divergence weekly chart for anyone interested.
I find it is often good to use different indicators to pick up on things that you might have missed. In this case its a bullish divergence on the macd. This is the weekly chart. Indicators like the macd, rsi are used to identify divergences in trends.
TOTAL2 has formed a descending broadening wedge on the intraday hourly chart, this is a reversal pattern. Each, the support line and resistance line must be touched at least twice to validate the pattern. On the 4H chart a cluster of Fib EMA's can be observed to be around the area of 78B, strong support area. On the weekly chart the price can be seen to be...