$BMNR BitMine Immersion Technologies - Volume Shelf Launch Zone
Price Targets: $101 & $160
Hourly chart showing a descending wedge at a volume shelf area. Potential launch zone for the next move.
Targets are at $101.02 at the 618 Fib level and $160.96 to challenge previous
$SBET SharpLink Gaming - Trend is Higher
Price Targets: $80.27 & $124.12
The trend continue to push higher with the gap filled and support being found at $29.
Next target is $80.27 at the 618 fib level and $124.12 to challenge previous highs.
$ETHUSD $ETH Ethereum - Volume Shelf Launch Zone
Price Targets: $4109 & $4867
Ethereum is following a large symmetrical bowl pattern and is currently at the volume shelf launch zone. Potential minor consolidation at the volume shelf before launching higher.
Price targets are
$SPY: My expectation for a healthy pullback does not extend beyond the $600 level. This is a major support zone defined by the second volume shelf in the chart, which currently aligns with the 50-day moving average (50DMA). However, any initial decline should be defended by the
When in doubt, zoom out. If you can't see what's happening, your emotions may be driving your decisions. Historically, whenever $TSLA has approached the 45° angle, people have panicked. I'm confident this time will be no different if it happens again.
Currently, $TSLA is
$BMNR BitMine Immersion Technologies - Breakout
Price Targets: $101 & $160
BitMine has broken out of the descending wedge pattern and is moving higher from the volume shelf.
Next target is $101 at the 618 fib level and then $160 to challenge all-time highs.
On a even smaller timeframe, if we were to go lower to that 113.5 target I mentioned on my other chart this could be the path in orange, with a rejection at around 117-117.5.
Reject and 1 more leg lower, or recover the range above 118k and very good chances it follows the
Historically, H&S continuations (such as what we're seeing in Bitcoin right now) are followed by pullbacks and re-tests more often than straight rallies.
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$TSLA Tesla - Consolidation is getting tight
Price Targets: $350, $384, $420
Tesla looks to be getting close to finishing consolidation. Higher lows are in place, and the stock looks to be pushing to the upper edge of the trendline. Potential breakout incoming.
Next targets
$COIN Coinbase Global - At Support
Price Target: $476
Coinbase exceeded all-time highs, then pulled back and is retesting support at $368.
Next target is $476 at the Golden Ratio.