A leaf on the wind. Watch how it soars.... this is a zoomed in 15min view of the last chart. My intent is to share the Fib coordinates of the golden lines. Then chart Fib Channels between those Golden lines. The price action plays closely with these old lines, $0.1 in some cases.
This idea defies certain flavors of logic, but what does not these days? I want to watch the price action play with these lines. I will post a 15 chart in which the price action hits within $0.2 as it dances along the lines.
If the price action falls through that 0.382. It will be looking for support. Perhaps at the 0.786 or the 0.618 of the next Fib Channel. How far will the knife tumble?
Not so fast! HBAR is printing a Head & Shoulders pattern on the 15min timeframe at 3amPST. So maybe NOT today. If the DXY to breaks down, this asset may go up.
What will happen if the DXY cannot hold @ the $1.00 value? Will it fall? If it does, where will the value fall to? All expenses are on the rise, squeezing as many dollars from the economy as possible. 2021 was the 13th Shemitah (7year cycle) since 1930 2028 will be the 13th Shemitah since 1937, or 98 years (almost 100) 1930 and 1937 were plagued with banking...
I adjusted a pitchfork to reveal a wedge (bull flag) These assets have developed the same wedge pattern (bull flag) in slightly varying forms with differing time horizons. XRP - cross border payment settlement XLM - local payment settlement XDC - smart contracts & tokenization of financial assets This batch of tokens has been under-hyped and likely under...
Note the Fib Channel lines from Q1 2021. Then the Fib Channels between those lines and where the 0.618 of those intersect with the price. Where the price goes, no dumb $ really knowns. It has certainly been a rough road for HODLers. What I find most interesting is the fact that the price did a "rise, retrace, continuation" at the macro 0.236, maybe twice. The...
Volume is 3X the daily average at time of writing. There may be enough momentum to complete the pattern.
The price action is behaving in a harmonic patter. If the NAZDAQ pulls the tech market up and Bitcoin with it, Fantom may move up if the volume flows in to boost the prize.