mycotoxin

On the Monthly chart XLM is forming a long-term bullish ascending triangle pattern with a first major target of $5.70. The chart shows the ascending pattern has been forming since 2018, which makes this a long-term play for patient traders. The ascending triangle pattern is a bullish formation identified by 3 or more previous resistance levels that form a flat top. This area is marked on the chart as points A, B, and C. The ascending triangle also forms a series of higher lows that create a bullish trendline on the bottom. A bullish breakout occurs when the price breaks above the top resistance level, which is at $0.55. Note: If the price moves back down to form another higher low before moving back up, it can move as low as $0.155 before reversing upward. This is a longer-term trade with a minimum 10x potential. Why 10x Potential? =============== The target of the ascending triangle is measured from the top of the back of the triangle (Point A) to where it meets the bottom of the triangle. When this target (marked as 'Target Marker') is added to the top of the triangle, the target is actually $10.00; However, for the sake of conservatism, I used Point B, which gives the move a target of $5.70 as the first major target. Trading Strategies What if I'm fearful? ====================== Great question! Then wait for a close above the top resistance at $0.55 before entering the long-term trade. What if I'm feeling brave? ====================== Another great question! In this case, add to your position when the price touches the bottom trendline again. What is This Bullish Ascending Triangle Pattern? ====================== Click on the charts below to see how this pattern has played out in other charts: And

Monthly shows BTC is in a Bullish Ascending channel confirmed by the higher lows and higher highs and the resistance/Support bands at the sides of the channel. The expected behavior should be a move to the top of the channel. The target for the move upwards should lie between the 150k to 160K zone . Note: should BTC fall out of the Ascending channel then this will indicate a possible shorterm drop to the 76K area of support before a recovery back upwards .This also looks to be a slow move up and much patience is needed .

If the wyckoff methodology is applied then BCH is at the final stage of exiting the accumulation trading range . The accumulation trading range is the area between 529 and 89. BCH Whale Accumulation has taken place in this range from 2018 to 2025 and bags are filled. ' Phase E ' is the breakout phase in the wyckoff methodology and Im expecting a huge break-out candle in the next month or two. The first target should propel BCH to the 1900 area followed by a subsequent move to the 2776 zone.` These breakouts from the range will be explosive and will catch many by surprise; so buckle up and get ready for the BCH liftoff.

The current BTC volume and RSI setup looks very intriguing and matches the characteristics of one of the following patterns below a) Falling Broadening wedge b) Right Angled Broadening wedge My analysis would suggest that depending on the corresponding wedge pattern chosen ( i.e either pattern 'a' or pattern 'b') BTC may experience a capitulation and move back down to around the 13 to 15k level before resuming the uptrend .

The target for the head and shoulders as detailed in the Oct 3rd chart below is $38k, and It looks to me that the target has been reached. Perhaps BTC can push slightly higher to just above 38K; however my thought is to proceed with caution at this current zone as there could be a pullback.

Ascending triangle with target at 84.00. Note this is not a requirement however its been observed that occasionally the ascending triangle will often come back down and test the breakout point . In the current setup the breakout area is situated at 28. Should the breakout area be retested we can observe movement back to the 28.00 area before the uptrend continues.

This looks like a head and shoulders reversal to the upside with a target of 38k

On the 3 week chart when the candles are switched off and only the MA13/30 crossover remains it acts a predictor of bullish movement . For example a look a the areas marked 'A' and 'B' show that when the MA13 ( White line) crosses over the MA30 (blue line) there is a bull run. when the candles are enabled the graph looks like this what could this mean ? ------------------------------ A peek at the chart below shows a close up of the current setup I take this to mean that if BTC moves above 27500 a bullish crossover is going to occur on the 3 week chart. This will result in the faster MA13 moving above the slower MA30 and there should be a corresponding bullish movement up .What if this fails ===================== Then there will have to be a very large red candle downwards which will move down fast so as to ensure the MA13 remains below the MA30 .A failure would be similar to the setup in the chart below that occurred in 2014 with the nasty looking red candle down

if this is a price distribution and price is going to continue to lower then id expect one more test in the trading range before BTC heads lower lower. The trading range is the area between 30822 and 25571 and I suspect BTC is going to attempt to reach the middle of the range which is the area around 28079. If the test is unsuccessful and BTC fails to reach the middle of the range at 28079 then id expect a further breakdown of price to the 20k level.* The important area to watch is the support at 25000 . This is the area of strong support and BTC should not close below this level.

The support at 25100 is an area of strong support. If BTC is to experience a bounce near-term this area is where id expect the bounce to take place. if BTC successfully bounces at 25100 the next challenge is to close above the MA200 on the daily which sits at 27400 . A safe plan is probably to wait for a close above the MA200 at 27400 before entering a long . ...So what if BTC is unable to bounce at 25k and instead closes below it . ------------------------------------------ Then id expect BTC to move lower to the 20k zone.