BTC bullish scenario. push up reject off 0.5 come back and plant a HL. Bullish momentum sets in, grayscale sale over, whales buying BTC. Price doesn't go lower than key support of 39500. Correction over, next set of 5wave up starts.
BTC is currently sitting on major support/resistance. Daily stochastic is oversold. RSI also curling towards the bottom, potential big move upwards IMO.
SOL - looking historically at the lead up to the previous bullrun and mapping the same pattern to where we currently are in price. IF the same pattern plays out, we could be looking at a 360k SOL target maybe in late 2024.
Looking at the current upward momentum, indicators such as RSI etc. are overbought yet price keeps moving upwards. Seems these indicators are severely lagging in a very bullish market and cannot be used to reliably determine when price will likely turn around. In this analysis, I am simply looking at past bull-runs and hypothesizing that if we are in the...
BTC ascending channel beginning to look like a bullish flag New scenario if this flag is a bull flag using measured move, brings a new target around 50k. Lots of resistance around 39k, but if BTC gets above this, I think price will eventually push up to get liquidity around 50k.
Watching RUNE rsi slowly descending. Expecting a push up probably around where the support is (blue line). Bullish scenario though. If BTC comes down, I expect Rune price to drop lower, perhaps come back to test the top of the parallel channel
BTC price keeps oscillating in this wedge. Price looking to breakout sooner or later. Short time frame, looks like price goes down first. Will re-assess direction of breakout closer to the time based on rsi etc.
BTC achieved the target I had set and got to the top of the channel at 38500. Now the obvious thing is for BTC to blow off some steam and come back down and hopefully maintaining bullish market structure. Also looking back in history, we also know that the 2nd half of November is usually a bearish month tapering off into December with maybe recovery in Jan. This...
Following this SAND channel, think price will come back to the bottom of the channel before heading back up. Will need to re-assess as we get to the bottom of the channel. If BTC is coming down, then may lose the bottom which will confirm macro downtrend.
STX price moving up with this bullish momentum from BTC. This triangle is coming to a decision point, with confluence from the RSI and bottom of the channel.
Floki had a massive push up to breakout from the major descending channel it has been in. Price is now facing resistance at this major trendline. I see price coming back a bit perhaps reacting to the top of the channel which is now resistance flipped to support. Provided market stays bullish, I see FLOKI eventually breaking out .
Leaving this here as a potential scenario. Similar pattern from historic from 2020 before the 2021 bullrun.
ETH price following this ascending channel. Measured move to the next peak and confluence with trend based fib time. Also mapped in potential longer term target.
RUNE starting to print bullish market structure. Also seems to be bouncing on this TL. Waiting for a retrace from the market to enter a long soon.
Price breakdown through bottom of rising channel showing a lot of weakness still. Expecting a push up but likely to see more downside. Watch to see how it reacts when it reaches the support below. Honestly, need to see bullish structure before attempting anything with this token. i.e. HHs and HLs. At the moment, it keeps heading to 0
ETH potential scenario, based on price pushing up harder in relation to BTC. Need BTC dominance to come down for this. Looking at the potential channel that price is following, high of the channel would be a 2.414 fib extension target which is on the high side. If price doesn't make it to that fib level, then the channel is invalid and would need to adjust it to...
SOL has completed it's 2nd wave. Expect price to come back down to 0.5 fib at least before pushing up for the 3rd wave.