.004 has developed as the floor for this particular stock. It's been a long time coming since the triple zero days, but finally it's arrived at the "next level." Still a loooonnnggg way to go, though.
Tentatively, I'm interested to see if the current upward leg can break the blue downward trend line (A), and allow the price to continue on its' upward journey to...
Stepping back to the 2H frame of reference, it looks like a minimized version of a Head & Shoulders or Triple Top that has developed. This has to be taken into context with other market factors that have been taking place, of course, but the net effect seems to be ADA losing altitude. Already we've seen it near $1.00, and it's not out of the realm of possibility...
A few interesting things going on with Sia this month. The Bolly Bands have been rather tight for the past several days, and constricting tighters as the bars bouncing up and down become more range bound into the wedge. I've taken a few liberties in my assessment with respect to the volume decrease/increase, and the pivot point used to forecast the potential...
This is just a quick down and dirty 1 Hour chart look at where ADA is at currently. I marked a few spots for reference, so let me clarify real quick:
The black and purple lines at upper left come from the previous ATH - black line is horizontally oriented and the purple connects to the latest peak, continuing on through to the latest candles.
The current trough...
Been watching this wedge since around the middle of Feb, and it's been behaving classically. Curious to see if it makes an upshot to around .105 or .11. Not suggesting anyone act on this one way or the other, just watching the pattern develop. Enjoy!
Following up on the previous chart, here's the continuation update...and it looks like it's right on schedule. From appearances, it would seem XLM stands a good chance of hitting a peak on or about 19/20 APR, just as the bi-weekly cycle tends to suggest, and a week later hit its' trough (around 27 APR). I'm assuming a pull-back to around the indicated level,...
Verge has been trying to make strides forward, lo these last few months. Despite pending news, there's what looks like a reverse head & shoulders forming, which I suspect may bring the price down to around .048'ish. The black line at .054, being the potential neckline, stands to be a significant near term threshold. It could mark either a double-bottom or the...
Take this chart as a general brainstorming of what may (or may not) be forthcoming for Rocketship Lumen. As the MACD indicates, we're looking at an indication of a positive turn-around just as the candle patterns are entering into the thin edge of the wedge. There's only one of two ways to go, and the MACD signal says it's up, not down. As for the...
