If it breaks where the fib retrace is at 0.236 then up we go, get rejected, down we go, wait for confirmation
ATOM/USD Bearish Case - Double Top can be seen (white line) - 1hr and 8hr RSI shows a exaggerated bearish divergence - BTC is retracing, eventually ATOM will follow to in this bear market Target Zone - $13.41 (neck line of the bottom of double top) - $12.81 (0.618 fib retrace) - $11.60 (0.5 fib retrace & start of double top) Bullish Case - May break higher 8hr...
Last bear flag before ETH hits $1400 USD, nearly there, thoughts?
BTC Bear flag continuation with descending triangle in play?
After the Ethereum merge, although we had a bit of a run up, the bear flag continuation pattern still looks in play. What's your thoughts?
No one wants to talk about this probability, but failure to break out of the downtrend line is making it a possibility that BTC will break to around $7-8k given the descending triangle...
Possibility of a bear flag continuation for ETH, price target would be approx. $1400 if it is to hit. Will the Eth merge send those to sell the news after buying the rumour? Thoughts?
LUNA/USD Bearish Case - Double Top formed and retested at $6.42 (0.236 fib retrace) - Exaggerated Bearish Divergence on the 1hr - Testing to break down of the ascending support line - MACD on the 4hr looks to be turning bearish Target Zone - $4.888 (0.5 fib retrace) - $4.202 (0.618 fib retrace) - $1.99 (full retrace) given it is a double top Bullish Case - Stays...
ETH/USD Bearish Case - Break through the resistance downtrend and come back down to retest the supporting trendline - Rising Wedge breaking sideways - MACD on the 4hr and Daily looks to be turning bearish - Ethereum Merge coming 14th of September, buy the rumour sell the news event? Target Zone - $1100 (0.786 fib retrace) - ~$1550 (blue support...
BNB to head to previous support if we get rejected from this area, possible target areas are $260 and $242 as levels of support
LUNC/USD Bearish Case - Bearish Divergence on the 1hr, 4hr and 8hr - Broken out of the ascending channel - MACD on the 4hr looks to be turning bearish - Topped out at 2.618 fib extension. - Currently bouncing off the 0.236 fib retrace area, Target Zone - $0.00044958 (0.382 fib retrace) - $0.00036185 (0.618 fib retrace) Thoughts?
Are we possibly going to these old support lines, keeping this as simple as possible without too many indicators on.
Having trouble breaking the downtrend ever since April 1st. - Multiple attempts at breaking resistance line, but couldn't break (3 times) - RSI and MACD on the daily shows reversal back down again. If we get rejected again, I can see it heading to $0.67 first then as low as $0.61 area to hit the 0.786 fib zone. What's your thoughts?
The Pi Cycle combined with Weekly MACD/RSI reversal seems to think so... Macro environments don't seem great, but a relief rally?
HAPI/USD (Weekly) - Seem to have found Support at approx. the $15-16 area and range-bound for a while. - MACD/Signal and Histogram reversing - Volume increasing over the last 3 weeks - RSI low reversing - Looks to be closing above the 50MA on the daily - Resistance levels marked out by the fib extension (String Resistance will be at $50 and approx $72 area. If we...
Who else is ready for this? Looks like an Inverted Head and Shoulders is in play for VETUSD, however, it needs to cool off a bit on the LTFs before continuing imo. Thoughts?
SOL/USD Bullish Case - Double Bottom, should run to approx $148. - Falling Wedge Breakout looks imminent.
A Falling Wedge breakout looks imminent on Solana, 4hr also looks to be reversing as well on the Histogram