FOMORON

FOMORON

If we are still in a bull market I have a date range for the highly anticipated climb to $3.50. As you can see, it is based on the length of time spent between each local top in the mini cycles. The shortest was 24 weeks, and each cycle gets slightly longer. BUT, I think with all the momentum behind algorand, we could see another 24 week type cycle, as opposed to...

FOMORON

Algorand has flipped on this 1.25 line several times in the last year. I have at least 6 highlighted, but there are a few more smaller cases. I suspect we'll lose the support and fall to 1.07 if BTC is really going full bear. Otherwise we'll see a strong move up, especially as algo gets more institutional interests.

FOMORON

This is mostly for personal reference, but I'm publishing it here for others to see and critique. I firmly believe algo will be in the Top 3 MC by 2023.

FOMORON

BTC has had a bullish breakout each time it has broken the downtrend on this momentum indicator. It just broke out for the third time this cycle. Are we going back up? Based on this indicator I would be bullish, but I'm still seeing bearish signals on the weekly MACD and Stoch.

FOMORON

Based on the previous bull cycle trend of BTC and the last local top trends of ALGO, my prediction is that between Dec 10th and 22nd, ALGO will bottom somewhere between $1 and 1.10 - putting it about 60% down from it's ATH (excluding it's single day peak when it was listed on a new exchange)... I have set a buy order at 1.061 (as a form of insurance in case it...

FOMORON

We're looking at an identical pattern formed on the Stoch RSI, which I believe will explode shortly. Especially given the most recent news about Stellar, Circle, and the FED. I'm LONG on xlm.

FOMORON

The last time the weekly RSI was at these levels there was a massive move upward (486%) in the following 4-5 weeks. If we see the same result as last time, algo could move as high as $5.90 (unrealistic in my opinion) or at least $2.50s. With goverance happening in October, I don't see a scenario where algo doesn't move up, and quick.

FOMORON

Without fail, Algorand has stuck to this pattern for over 7 months now. Roughly every 30 days is a local bottom. The most recent doesn't seem like a bottom because on the chart it is in the same range algo had been bound to for quite awhile. My target for the next local top, meaning within the next 18-25 days, is in yellow.

FOMORON

Based on the last 5 months, measuring from the local bottom to the local top, I've drawn the purple box as a target area for the next three weeks. All 5 of the last month's lines are there in white, to see historically what has happened. The month of July had to smallest and slowest increase, which really addded a lot of body to the target box. The yellow circle...

FOMORON

This is the fourth touch to the top of this descending wedge. We'll probably have downward movement to the halfway mark of the wedge tip, and then explode up through the top. Monthly close is what I think will cause the dump tonight/tomorrow, but bullish sentiment has revived and people will be more willing to buy btc at a lower price now that they know that we're...

FOMORON

After plotting the local bottom pattern, which is 30days exactly between local bottoms, I extended that bottom pattern out for the next two months. I also used a sine wave to plot the local bottoms since the beginning of the february pump. My targets are based on the range made from each local bottom to its local top. I also placed what I believe, based on the...

FOMORON

Currently a falling wedge on the daily, with 3 touches on both the bottom and the top. As with my last chart, I believe a target for this local top to be between $1.12 and $1.46. NFA.

FOMORON

I took a measured move from each local bottom to local top for the last 4 "pumps" we've seen since the big pump in February. I placed these four lines on our new local bottom to get an idea of what to expect from this next 30 day cycle. If we are to expect algorand to make a move similar to the last four it has made, we should see a local top between $1.12 and...

FOMORON

Over the last 5 months algorand has been following this bottom pattern. The local lows are all 30 days apart from each other, except one which is 29 days.. Yesterday was the 30 day bottom, so we can conclude that, if the trend continues, 30 days from now is the next new bottom. Additionally, from local bottom to local top, all 4 cycles have increased over 65%....

FOMORON

This is an ineresting pattern discovered by George Lindsay in the 1950's. If you look at the illustrated pattern, BTC is following it to a T. It is an interesting read, and I'm eager to see if it is a confirmed pattern here. www.tradersdaytrading.com Not financial advice.

FOMORON

Not financial advice. I see an $11 target by the end of April.

FOMORON

I'm not a financial advisor.

FOMORON

Trending inside this channel. You can see my purchase price, stop loss, and limit order. I'm trying something new with this trade, buying when the RSI hits 30 and the MACD shows the first rise in a downtrend.