Looks like $BLOK is forming a small cup/handle. Bullish signals on MACD/RSI NOT FA/DYOR.
Looks like $STRONG is holding steady at the 200EMA. My only hesitancy right now is that the RSI appears it could go past 20 leading to a further drop in price action. But this won't happen unless we start having full red candles breaking the 200EMA support. If price action can hold above 200EMA then we're likely at the bottom of the correction. Next few days...
$STRONG is about to cross into the last accumulation zone. It will sit at this resistance level of $570 and probable break further down. I think the bottom sits somewhere between $500 and $525. This is where you want to buy if you're looking for an entry. Is it possible that it drops lower? Only if the 55EMA crosses the 200EMA. Otherwise the price action will...
I believe we have one more leg up on $BTC before any correction begins. MACD and RSI are still strong. NOT FA/DYOR
STRONG enters accumulation zone 1 and I expect it to sit here for a bit. There is a good chance it goes to $650 and consolidates within this region. I can't predict how low it might go but if I had to guess we could see 570ish range. NOT FA/DYOR
If it breaks $66400 I see $80K+ and price discovery. WOW...just wow.
Ok. We are in a new Elliot Wave cycle for $STRONG on the D chart. Stage 2 - bottom of the sell off and has good support on the 55 EMA. $750ish range Stage 3 - Next move at $890-$960 before breaking down again Stage 4 - TBD Stage 5 - Next bull run is still days/weeks away so be patient. Also, it won't go in a straight line either. lol. NOT FA/DYOR
We should see a few more days of consolidation in this range. Once $PRE breaks and stays above .29 expect a run to .59. Patients. I love using the Elliot Wave. We are now completing the 4th leg. RSI about to cross 50 and MACD about to converge. Onto the last one.
Looks like $OHM is about to complete it's 4th leg of the EW on the D chart. Expect a big run over the next few weeks. I see $1900ish as the ceiling. Exciting times for $OHM. NOT FA/DYOR.
Looks like cup and handle is forming for $OHM. $1500 could be on the horizon.
Well, when it broke out of the wedge it created an upward trend channel. Now it's facing strong resistance at $900. Looks like momentum is slowing down and a retracement is in play. Look at the likely scenarios. But it does appear we are in retracing mode. I'm waiting for a good entry point and as we you can see scenario 2 and 3 are good. NOT FA and DOYR.
NOT FA. DOYR Looks like a possible reverse head/shoulders pattern for $ETH
$ONE just completed it's 4th leg. Expect it to move up to ATH and +. Price sits in supply zone. NOT FA. DYOR.
Cardano and Algorand appears to be sharing the same setup. ADA will go to $2 consolidate before making it's next bull run. Patients. NOT FA. DYOR
A rising wedge in an uptrend usually indicates a trend reversal. I suspect it will hit $800+ before price action takes a dive. Over the coming days/weeks $STRONG is going to have a correction before it resumes it's upward trend to $800+ I'm ready to get in once it dips. :) NOT FA. DYOR.