looking like reversed head and shoulders higher low later in the summer followed by pump Fibs up top Top out 1 year after halvening
First Idea On solana target. Just taking a Fib from around 2 dollars and running it up to the first high on the run up.
rejecting cross sofar. looking to get pushed down price wise. wait and see.
RIGHT now were are at resistance for the Eth dominance. We might pull back here hence resistance, and even consolidate for the rest of the week or 2-3 days. My guess is any pull backs will get bought back up on the higher timeframes Here we have a blue sky break out about to begin on the Eth dominance chart. If we get a clean breakout expect money to flow out...
Dont feel like explaining . PM if your interested in my anaylsis
Green boxes are where i will start buying. Scale in. Will update ask price action continues
Even if bitcoin consolidates in a upward fashion its still likely going to the red box target. Which is about 25% higher from where we are. What do I know, Im an idot.
Long term outlook guys. Follow white lines with arrows the outline the pink boxes. Notice price stability and low volatility. Alright guys, I'm not saying that another alt will never become the eth killer, but in reality eth has 5 x the developers any other alt blockchain might have. Clearly when you see where the people are going, there is a line out the eth...
Want to see the 7.90-8.00 range hold.
This post is more for personally documentation of what plays out. Im suggesting proceed with caution. indicators setting up for lower highs, while price just pressed up making a Higher high. Will watch this evening for more signs.
if you felt like you missed out on the first doge pump, I would say that this would be the only place i would consider taking a position.
Possible shorts adding on. See if we get a long squeeze. Looking for more down size just taking its time.
here ya go. just follow the yellow brick road. Down to 7000 with bounces along the way. maybe go below but just consider that either a lucky buying opportunity or buying a dying asset. Reverse head and shoulders possibly? Hopefully curl back up to the neck line around 10,000 neck line can be seen between 9500-10500 break above would send us pretty high.
Based on a different analysis that I did, BTC could take up to November this year to break out, Maybe even till the began of next year say mid January/Feb. Sell signal on the two day Jewel. Volatility is still expanding after a nasty rejection. Stochs are crossing down. We tested close to 10,500 on bitstamp, which would be my upper descending trending line of...
Bottom line is some indicators are pointing down for bearishness here but BUT price action comes first. If that white line we are rubbing up against we break and close past it get long. amen.