ADAUSDT POSSIBLE CORRECTION COMING ADAUSDT is due for a correction .The price might reach the 2.618 fibo and start a correction down . Currently ADAUSDT is extremely overbought and there is a divergence between the price and RSI.
Good Luck
Gann Fan
MATIC potential 2EOY potential: 10$ (top 5 based on current mcap)
Fundamentals:
* Predominant layer 2
* Most Eth dapps bridged already
* Chain merge? (Hermez Network) <pretty historic
TA/Price action:
* Elliot:
1. Appears to be in the process of wave 5, like most coins. (Following the rule of: equal to wave 1, 1500%=10$)
1. Wave 2 is by the book: flat, low volume.
2. Wave 3 is by the book: 1.618 of wave 1 (the first fib/circle shows that price stopped *exactly* there but momentum was too high for it to start a wave 4.
3. Wave 4 is by-the-book: 23.6% of wave 3 (the 2nd fib/circle lands *exactly* there)
* BBand shows that the trend was never broken, just tested. So wave 3 can't be a wave 5.
* TSV rising sharply since it's visit to the wave 4 end, supporting that it can't be an A/B wave.
* RSI weekly building a breakout (RSI 70)
* Gann catching the wave 4 descent & -60% correction after hitting top fan's 1/1.
^ But first will require a breakout outside of: 2, 3.5, 4.3, 6.3$
RSI resistance will be broken if it hits previous ATH and likely give it momentum shoot to the 4$~ area
Risk/reward:
1. Short term (bad): 1'ish (@2$)
2. Mid (standard): 2'ish (@Previous ATH)
3. Long (fantastic): 19.72 (@10$)
Disregarding 1. as there's not much point doing short term trends when upside breakout's more probable than down.
PLG to $14 in Nov to gain over 4x? Accumulation Cylinder Hello.
I have been watching PLG for sometime now and it seems we have reached a possibly strong inflection point.
We have a double back test from previous resistance.
One long term finding support from previous bottom resistance
Another short term indicating another possible reversal.
RSI is showing momentum is about to break the current downward trend
Current correction is testing the lower edge of the channel.
Estimating that around November 12 we will see PLG at around $14 for a +4x gain.
Using Gann Fan and Jesse Livermore Accumulation Cylinder from previous bump and run
This chart is full of good historic data showing strong potential for quick gains
EURUSD POSSIBLE END OF WAVE 4 Possible end of wave 4 and the start of wave 5 up is coming .
wave 4 will probably go down at least to 1.16028 before starting wave 5 .
breaking 1.19088 up will confirm the completion of wave 4 .
Good luck
XAUUSD on the way to dig wells!the gold continues its downward tren and this is my idea.... im trying to show the chart simply, and thats why i deleted the tools
Gann - and biting the bullet?Showing the world my total ignorance on any and all Gann-principles. I like drawing Gann-fans though - looks like a lazer show.
Silver to gain 50% by end of September? Bullish pennant Potential bullish pennant for silver (Have been watching for 3 months now)
I think this is the last higher low before we send it to $37 by the end of September for a 50% gain
Using a Gann Fan it would seem the pole, target, and time line up for mid September
BFac to where ???Depending on gann analysis we can see BTC goes to 37k then reflecting to 40k where there is strong resistance
In overall view BTC is in up trend line to 50k
BTC to where ????Depending on gann analysis we can see BTC goes to 37k then reflecting to 40k where there is strong resistance
In overall view BTC is in up trend line to 50k
ontusdt/1dDaily candle is shooting star (bearish) and according to chart we have strong resistance above of ONT. Always buy on strong support line and sell before strong resistance.
For holders it's not good time to opening long position but others will be able to opening long or short term base on dynamic and static lines ((check candles also)).
As for me, I always check important dates on chart for possible trend reverse ((you can see them on my chart)).
0.8426 , 1.1697 , 1.5992 , 2.3348 , 3.1127 are strong resistance for price and 0.4179 is strong support, also.
Good luck
July 26 Monday Open AnalysisLeft side star fan angles control everything right from mid
Right side star fan angles control everything Left from mid
USD/JPY intraday scalping TF 30MYou can see the intersection of speed fans marked by red dotted cross. I think we will get good momentum at that time, it's a good mark, when the movement may change. See below for cautiously bullish bias.
Eth BTC and the whole crypto market. This is not a drill. Per swiss, get into your fav crypto-whether it be Btc ether or any other, buy NOW!
