Coddy_M

Coddy_M

I don't know if this is will come to fruition or not, however as I see it, there are two possible developments. 1. We are effectively out of bear market. 2. Continuation of bearish channel after denial of breaking 32-33k Not financial advice and would like your comments below. Thank you

Coddy_M

As far as I am seeing BTC has breakout from triangle formation and is now doing retest of this. If this holds, BTC correction would be between 42-44k USD and with some range trading would move to new ATH. As I am relatively novice regarding analysis, would be thankful for any input if this holds water or not.

Coddy_M

It seems that BEL has, after over 1 year of accumulation started to show strength and could possible break out of accumulation zone. Potential resistance zones have been marked. Potential is x10-x13 from current zone. This is not financial advice - DYOR.

Coddy_M

Possible scenarios regarding BTC, with possible general price areas.

Coddy_M

Quite possibly a huge correction to previous strong support around 17k, from where it should move above 100k. Previous LL was in March 2020 where BTC dropped to around 4k USD and ATH of this cycle was around 64k. That is increase in price of 16x. After this correction and accumulation, price could increase to new ATH of 17x12 = 204k (diminishing returns of each...

Coddy_M

Just for future reference

Coddy_M Updated 

Everything is on diagram, more or less. Just for future reference

Coddy_M

Just for future reference.

Coddy_M

Just for reference

Coddy_M

For future reference

Coddy_M

Just for future reference

Coddy_M Updated 

Just and idea. On 4H timeframe IOST has entered falling channel and has established HH and has bounced of the LH. Buy price 58-59 sat, sell price 104 sat. Not financial advice.

Coddy_M Updated 

Possible targets in near to mid term. High daily volume and RSI indicate that there is lot of room for price increase. Buy at present price around 78-82 sat. SL 72 sat. Not financial advice.

Coddy_M Updated 

As indicated on graph.

Coddy_M Updated 

Target sell 36300 SAT

Coddy_M

Just an idea on 1H chart