Those who have been sleeping on EOS.. it's time to wake up the 2.5 year consolidation from the blow off top is at its end
We have an upward broadening wedge completing its final leg on KNC. RSI has broken out of its bullish wedge and retested the upper wedge and bounced up confirming a new run. MACD has just begun its new ascent. Target is almost 100% gain for this run looking at $2.95-$3.15 range in short time. Will be heavy and fast gains once it passes the falling support line...
Chainlinks chart shows it trading in a upward broadening wedge which have a bearish outcome when they end. The top of this broadening wedge is nearing. Within this chart we have decreasing volume even in this last mega push from $7.20 the volume is still decreasing showing lack of interest in buyers at this range. The MACD is at its previous all time high and...
XTZ has been trading in a megaphone pattern for the last 3 months and within the pattern it has been creating an inverse head and shoulders which is about to complete once it rises and closes a candle at the $3.45 range. The target for this inverse head and shoulders should be $4.45 The RSI is following a steady trend line and it is still in the mid range just...
Last move we broke up out of the consolidating triangle with very little bullish momentum and then retested the top of the pattern failed and dropped to the major support line with a quick rebound. Now for a fresh new look at our trading pattern using the predominant bearish price channels we have been trading within. We are in the midst of a price squeeze between...
All points converging on these next few minutes/hours as the descending wedge breakout/upward triangle consolidation and month long resistance line all meet at the pinnacle of the consolidation triangle. If this breaks up, first leg target is $1.67 if this breaks down it is time to be concerned
Repeating pattern, likely the last of the repeating pattern once it reaches the 5th hit on the ascending expanding wedge . Breakout from descending wedge ( bullish ) on chart as well as RSI descending wedge ( bullish ) Pattern is 51% more drawn out then the prior one which saw a 4 day run after breaking out of its wedge , if this continues the same pattern we will...
Nearly identical charts from the last run, the only difference is that we had the Binance US listing news which gave KNC a premature boom boosting it to 1.92 before it was completing its pattern. It's since reset and reformed the falling wedge and is about to break out and start its next phase. Likely aiming for $2.50 -$3.00 range on this run up. RSI chart is...
Second upward triangle formation. First one broke out at the 61% full mark this one looks like it may be breaking out around the same 60 percentile range. Long term may be looking at this break out to $2.50 range and a final triangle consolidation breaking out to $3.50 range before a multi month sell off and possible retracement completing a VERY long term cup...