Litecoin is making it's first green Heikin Ashi candle after 11 red ones on the weekly. Is it getting ready for a move up for the 5th wave? Lemme know what you think in the comments below.
It's fascinating to see how MATIC's weekly chart has remarkable similarities to ETH's 2017-18 run. If it continues following the same pattern, what comes next should be a 'blow off top' run to the peak of the cycle. Taking some cues from ETH, it looks like Matic broke out the consolidation range, retested it and is bouncing off nicely. As long as BTC doesn't...
At current levels the market participants are almost equally split between whether BTC is in a bull market or a bear market with either side making their valid assumptions on why they believe the trend is firmly up or down. This is a purely educational thread suggesting that while the long term Bitcoin trend is firmly up, it could be at the fag end of a 'running...
On the Monthly timeframe, Chainlink #LINKUSD is attempting a breakout. For any further upside continuation, it needs to breakout of the upper resistance line, retest it and then continue.
Tezos on the BTC pair seems to be forming The Livermore Accumulation Cylinder with Widening Mouth. If it continues to follow the pattern it should lead to expansion in the next phase.
1. The red trendline has acted as resistance since Nov 2018. It has successfully identified local tops since. 2. Each of the last few pumps have been 600% +. Can it do it again in 2022? 3. The yellow line represents the 0.1 Fib level of the previous wave, it is where OMG has found support post each consolidation. 4. The green trend line has acted as support...
Sharing something I observed while experimenting with Fib circles on the XRPUSD chart: 2017 T1: 1.886 Fib T2: 3.618 T3: 5.886 Fib 2021 T1: 1.886 FIb - done T2: will be get 3.618 Fib top around $9? Let's see!!
Would like to see BTC bounce off this support area!