Synthacon

Synthacon

So far it looks like a trend is holding up. There was breakout. Will it hold is another question... The sharp drop was caused by sharp BTC rice. If everything holds the top would be roughly correlating with the XMRUSD analysis. The peak would be somewhere around 2025-2026.

Synthacon

There is very slowly forming giant ascending triangle which could potentially peak during2025-2026. Example of an ascending triangle. Notice the flat iupper line and the rising lower line. This is a generally bullish line. (Figure 6.1b "Technical Analysis of the Financial Markets" Page 131) The measurement. The breakout (C) should see a sharp increase in volume,...

Synthacon

Still on the strong support (dark green) but we are getting closer to the resistance (short dark red). The formed triangle looks like a descending triangle, it suggests that the price will go down. Maybe the fear is taking over? But yea, we are on the support! In about a week we will a bit more...

Synthacon

Some key support and resistance levels. If the price will brake the resistance (red line) then we are most probably still in the bull market.

Synthacon

1rst post! :D Getting another triangle, but where will it break out? For me, it looks like it will go up, and my custom indicators are suggesting the same, still if it breaks down through support then there could be some sharp drops. Buying some alts anyway...