ADA - potential head & shoulders or three mountains/triple top forming. Big liq. pools at $0.28 so that's the target now.
It looks like MATIC formed a head-and-shoulders on its 4-hour chart! A sustained candlestick close below the pattern's neckline at $0.79 could trigger a 16% correction toward $0.67. Invalidation of the bearish outlook comes with an upswing above the right shoulder at $0.86.
Given that in recent months Solana has been the leader and alpha of the local altseason, this scenario could impact all altcoins. On the 4h timeframe, a "Head and Shoulders" pattern has formed, and at $38, there is a significant liquidity pool (note that from the current level up to $40, there is essentially open space). Late longs are punished the most, so be...
Last week was nice, and yesterday we witnessed the highest weekly candle close of the year. This week will also mark the monthly close, which is expected to show significant growth. Since the beginning of the year, Bitcoin has been moving within an ascending channel, forming new HH's and HL's. The correction from $30k was highly predictable, and I have been...
Currently, we can observe the second stage ("Manipulation") of the PO3 strategy, where after a prolonged "Accumulation", there was a liquidity sweep below the support level. In the near future, I expect the third stage, "Expansion," and I have already opened a long position on ETH.
A prolonged consolidation within a descending wedge pattern, and now after the SOL breakout, it has returned to the trendline for a retest (R/S flip), after which I expect a continuation of the rally.