BSW01247
EssentialI suspect things might be about to get out of hand for this hidden gem. Potential Bull Pennant on the daily. Could break any moment. Which way...Which way...I've got my bet placed. As always, practice good risk management.
Potential falling wedge. The trend is your friend, as they say (of course until the end...). I think a lot of folks are expecting this to come way down and that is a possibility. However, there are certain data points that suggest alternative possible outcomes. As always, nothing is for certain so manage your risk.
Going out on a limb on this one, and taking some liberties, but I saw this has never had a post before and I wanted to be the first. Possible ascending triangle. This is Kaspa the fastest POW coin, period. It's founder's (one of which is a Harvard educated computer dude) who's work was cited in Ethereum's original whitepaper. Potentially, game changing tech:...
Symmetrical triangle still playing out and every touch brings greater validity to the, potential, structure. Speaking of touches it looks likely that we will revisit the ascending bottom trendline once more before we make another attempt at breakout. This could be the last great buying opportunity before lift off, should it occur and succeed. A reminder that,...
Possible symmetrical triangle. Targets on the chart.
Possible symmetrical triangle. Targets on the chart.
It is what it is. $2.01 as a target would make sense. That could be an amazing buying opportunity.
If we close below the monthly EMA ribbon here in 4 or so days it is likely we will visit the green ascending trendline. Would be an amazing buying opportunity.
Notice that the blue triangle structures descending resistance trendline is confluent with the larger light green trendline. If this blue triangle can break to the upside it will signal the beginning of an inordinate move up for USTC. This will happen in less than 48 hours, likely less.
Check the similarities between these two fractals (I have highlighted them with light green trendlines). Also, notice the present diminishing volume profile. Additionally, the overall market milieu being bearish was nearly identical to the last pump as well. History may not repeat itself but could it be rhyming? I think we are soon to find out...Manage your risk!
Potential bull flag retest taking place. If it holds the target is 28% up from here. Manage your risk.
Mark today's daily close. This is an important descending triangle structure, on the daily. If we can close above the descending support trendline I think it is possible to begin another move up to test the descending resistance trendline of this triangle structure. If we can breakout out to the upside of this structure we could see a move up of nearly 200% (the...
We just broke through and are potentially back testing a very significant daily descending trendline. If we hold support above the green descending trendline I suspect an inordinate move up.
Potential bullish divergence on the 4 hourly stochastic RSI. Will it play out or no?
Let's see. Might get a retest first, but if it holds we could see a pretty good move up 45% or so. This scenario, if it is valid, would likely signal a move up for LUNC, too, as they seem to remain heavily correlated.
Looking through different lenses one could argue (with a certain bias, of course) that we have, in fact seen our retest.
Sure looks like we are retesting this large weekly falling wedge like structure. If we are, it looks probable that we will soon see a BTC spike resulting in the completion of our wedge structure's testing and a subsequent move up against BTC if we hold and bounce.