Gann Resistance failures and rules mean return to support. Full reversion to equilibrium sees BTC potentially touch 1k. Hold of 10degree support implies 4k bottom. Completion of pattern completes bullish crab pattern.
Previously championed stock to flow log analysis has ruled supreme and dictates that the BTC price will move to 100,000 by late 2021. I agree. but...
This pattern shows why when SPX moves to this historical geometric resistance which has been in place for some time. It has had large pullbacks the two times previous it has even managed to reach it. Big haircut on approach since 2010
Couple of propositions here based on XABCD price movement patterrns forming on monthly. The paths are many, price can be any one space at any time but this looks to be on floor 0 with many levels above. I like option 2 - $63 by 2023. Let's see how it plays out
This is on a yellow brick road but entry for max returns is key. The LT chart is saucy. The daily gives you entry. 0.73 tester for current movement hold and .50 for max pain. Tip and lower end of yellow brick road but all paths lead upwards in the end.
Abio whilst currently tumbling down pyramid slope has no dilution risk with sufficient cash on hand to last a while based on current cash burn and has plenty catalysts. Geometric structure is very supportive of a move to $12 at minimum and more likely $24
Nearing the end of latest little pyramid, big pyramid pattern as previously mentioned. Big pyramid takes this down to .55-.53 although there is support in the lower .60's. This pattern should continue and would buy what I can at these levels with big future gains ahead as longer term chart structure remains in tact at these levels
GBPUSD is in a descending wedge on the hourly. Potential play to 1.298-1.30 if movement in wedge continues. Coupled with it knocking it's head on 2015 descending resistance most recently and downtrending moving averages on the shorter timeframes. GBPUSD should have a healthy pullback. Long term MAs are still bullish and the daily and weekly 50 is moving up so I...