Moon
Bitcoin Battling With Final Resistance Before 64k - 75kThe price of the asset bounced from the 53k level, broke out of a falling wedge and is now facing stiff resistance at 58k.
IMO, once we cross above the current horizontal resistance, we will have little to contend with on the path to 64k and ultimately a new ATH at 75k.
Also notice the series of almost identical falling and rising wedges and how effective they have been in producing strong price reversals. Both RSI and MACD support further upward movement. See you at ATH folks!
Finally, this is just my personal view of the market... DYOR!
Amc chart analysis trending up soon?(A prediction)So i see a false breakout then a clear breakout and retest of the trend line on the daily chart of amc. It bounced on retest green Friday and printed a what i like to call a flip flop candle pair today. The flip flop is when the proceeding candle is either very very similar just different color or is its polar opposite but opened and close in the same range roughly as the candle previously. You’ll see what i mean in the picture. There used as trend continuation or trend reversal indicators. I am sure there’s a more accepted term for this setup. Besides that the daily rsi is showing a hidden bullish divergence. This is when the lows of the rsi are moving higher but the price action in the lows of the candles is moving down. This is a pretty decent indicator of a potential trend reversal. This divergence started to show itself last week so i would expect solid movement up but (potential down). If we do break upwards i would then be looking for volume to come in and match the movement of the stock price. If it doesn’t, i would expect another cycle and down trend after current uptrend and new analysis needed. With all the nft and crypto hype coming in and box office numbers returning the amount of preorder tickets for the movies coming out in December is crazy high with a crazy high amount of releases coming out in December i am very bullish on amc just from a technical view. NYSE:AMC
I am still learning so input would be nice. ur thoughts an opinions of my analysis are welcome. Sometimes you dont know you suck until someone tells you.
XTZ perfect Inverse Head & Shoulder breakout VERY IMMINENT! XTZ perfect Inverse Head & Shoulder breakout VERY IMMINENT! .. I got a strong buy signal and this is definitely something you don't want to miss out on. My measured move is the depth of this volume "reservoir". I expect nothing less than a 3x.
Bitcoin Bullish WedgeBINANCE:BTCUSDT
Leo Indicators 🦁
As mentioned in previous article, my indicators are signaling the whales are buying what retailers are selling, and the price did a rally on today. Now, BTC are has formed a bullish wedge, however it is struggling to breakout from it, a failed breakout will lead to a retest at level 53k-54k.
Try to re-enter your position there, or enter long position when we break recent high.
Congrats to whom has entered the position as soon as we shared!
Recycled 2017 Run2017's price action bounced off its June peak. Are we going to bounce off the August peak? We're sitting on five similar characteristics :(1) diagonal trendline, (2) 0.618 fib level, & (3) 53k massive support level, (4) August peak, & (5) 150D EMA.
Timing was looking similar as well until November didn't perform as anticipated even those establishing a new high.
So, if history is any indication, we're looking at a lengthened cycle that'd extend into Feb-April of next year (so far).
I'm still bullish on reaching 200k+, but if we break 50k as a low here, using 2017's price action to predict our current cycle top may dissolve. Thus, I doubt we'll see below 50k at the moment... but as always, NO ONE KNOWS. So gamble responsibly :)
XRP TO MELT FACES 🚀 ZOOM OUT - YOUR PATIENCE WILL BE REWARDED!!We are just waiting for this week or next week. Might test the $0.92 levels but overall its bullish.
Need to break $1.13-$1.14, then 1.40 and then we begin climb to the moon $13.
Wait for the catalyst for moon launch (SEC, relisting in exchanges etc.)
"Let's just see what happens..."
"Patience is key...."
AUDUSD Alternative Scenario : Double DirectionToday is Full Moon >>> High Probability for AUDUSD to make turning point between November 19th untill 21th
61% AUDUSD will Bullish to reach the next target 0.76400
39% AUDUSD will Bearish to reach the next target 0.70700
Wait for Price Action to make a decision, market now likely wants to end it's flag pattern and perform a strong bearish trend if the flag pattern has been broken out with an impulsive red candle
Market can also make a false break on the lower trend line in the flag pattern, can develop a huge bullish movement until next New Moon
Strong Classic Support and Resistance had placed in the chart using a yellow horizontal line, where the market mostly respect to those level
Fibonacci Leve l has been plotted to the chart to make it easier to understand
0.786 is the most important level and will be our moment of truth what is the next price direction
1.272 External retracement is our next target for either bullish or bearish scenario
$LOVELYINY$LOVELYINU a shitcoin aka meme coin looking for massive upside 100-1000x ..Its just a shitcoin so dont invest money which you cant afford to lose