Strong gain while BTC lost some value. Respecting the fib ranges pretty well and the trendlines. Still some time in the alt season left. If you ask me this will go back to it's latest ATH (2021) and grows possible to 5$
Made a setup to get some gains on the way up for DUSK. With these nice tokenomics (500mil) there is still more room to grow. But lets focus on 0.50 first. 0.50 isnt a guarantee ofcourse. Anyways if you follow a setup like this there is some profit to be gained. Lemme know what you think. whabadabalubdub !
The green dotted line is the projection of going up. Created some trend lines.
Down channel and up channel.
Based on the movements of BTC i think this is a viable scenario. The bears are winning the race back to 0.95 and probably 0.80 where it will considate. Hopefully it will recover there and continues another rally to around 1.70 - 2.00
Where does it go ? A new desc triangle is forming. I believe 0.95 will be a good buy in or even as low as ~0.80 which should be a stron support line
Still bullish, under 1.17 the bears take over (and this scenario is invalid)
In my opinion BTC hasn't broken out of it's downtrend yet. It will probably retest 42-44k again. 3 scenario's 1. Green Line. Bulls pick up at 44k 2. Blue line. Retest around 42K bulls win 3. Red Line. Retest around 42K but bears win :( The colored boxed measure the difference in % from top to bottem. The fall downwards declined each drop of around ~0.40% taken...
If you ask me this is a bullflag. Lets create a new one :)
Probably wishfull thinking :)
I believe we got a head and shoulders pattern forming on the hourly. Are we going to test 42K again ?
Little update for e-radix. Long term hodl for me. This is just my opinion and trend analysis. No financial advice. I have no clue what iam doing.
I have no clue what iam doing. Just trying to spot the trend. Radix is a long term hodl for me. Next halving this will be a beast.
Resistance on 1.90 Hope BTC decides not to correct at the same time. Will make it hard to break it then. Iam a n00b on this so dont take this as an advice. I'am tryin to understand these patterns.
Iam very bullish about Cake i think it will reach 16 dollars on a longer term. But on the short term i believe 12dollars is feasible today or tommorow. Its my 2nd try and i have no experience in this. Just want to give it a shot. Probably failing but lets see :D if you dont try you will never get better at it. Feedback is welcome.
If it breaks the resitance of 1.70 i think it will grow. Pretty bullish about it. Blue Line = Avarage growth speed Green Line = Faster breaking the resitance Red Line = more a bearish flow