Helium prints new ATH at 35$. Is 50$ next before 2022? 🚀Intro:
- Helium (HNT) is in the field of decentralized wireless infrastructure and a decentralized machine network powered by a physical blockchain.
- Helium is mined and distributed to Hotspot Owners.
- There is no pre-mine of Helium and every month approximately 5 million new coins are minted.
- In circulation we have 100 million coins out of possible 223 million coins.
- Total market cap is currently around 3.5 billion and still has a lot of room to grow
Daily chart:
- Price finds itself at an ATH around 35$. Unless you Dollar cost average (DCA) it is not recommended to add at an ATH. We therefore suggest you wait for a pullback and buy lower (for example around 27$).
- Volume seems to in- and decrease during and after pricepumps. No clear trend is seen here while price keeps increasing.
- RSI analysis shows that we are in an uptrend that confirms the current price trend. We currently face resistance at the 80 line which is the entry zone of the overbought region. Again not the best play to buy.
- Moving Average: Price is far away from the 20MA which is bullish, however for adding coins it's a bad entry point.
- Support lines are at 26.5$, 18.5$ and 9.5$. The ascending yellow line possibly acts as support as well.
- Resistance lines are currently non existent since we are in price discovery territory.
Expectation:
- We expect HNT to perform well within the next 3-4 months and print new ATH's.
- However, to enter the game we strongly suggest to wait for a pullback. Congratulations to all that are already invested into this project.
- End of the year prediction: We will see a 50$+ HNT before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Alltimehigh
TSLA breaking ascending triangleTSLA is looking amazing to me tbh. From the recent break of the ascending triangle and flipping of the support its looking like its headed towards a new all time high. I expect price action to be something like the yellow arrow drawn. Watch out for the upcoming earnings! Imo they are going to be positive
Loopring currently teasing massive inv head & shoulder breakoutThe breakout is by no means confirmed yet. However once it is it can climb all the way to $1.93-2.00! This is what the pattern looks like on a weekly chart, and I wouldn’t be surprised i it was more o a 2 week chart pattern. I so this may take multiple weekly candle closes above the neckline before it triggers the breakout. I think loopring’s all time high was somewhere around $2.50 or so so it is definitely possible for it to reach these levels again and also very possible to hit a new all time high some time in the not so distant future. Keep an eye on this one.
Verasity, checking for a new entry. Currently at ATH, so wait!Intro:
- Verasity (VRA) is a protocol and product layer platform for esports and video entertainment
- Verasity keeps building since 2017 and has planned to introduce NFT's to their platform during Q4 2021.
- In circulation we have 6 billion coins out of currently 10million possible.
- Total market cap is currently around 500 million and still has a lot of room to grow
Daily chart:
- Price finds itself in an uptrend and currently sits at an ATH, so be cautious.
- Volume keeps increasing since August which is bullish and with the trend. It therefore confirms the trend.
- RSI analysis shows that we are within a larger consolidation wedge. The apex still is one month away which could act as a cool off phase.
- Support lines are at 0.05$ and 0.01$.
- Resistance lines are currently nonexistent.
Expectation:
- We expect VRA to cool off and retest the 0.062$ price line. From there we look for a support confirmation which would serve as a good entry point.
- End of the year prediction: We will see a 0.2$+ VRA before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
ETH bullish Flag Breakout Pattern | Short Term Price Target ETH | USD
Enter At Breakout Above High ! Price Target will be New All Time High !!!!
It can be complex identifying a bull flag on a chart because the pattern entails several different components. Traders will need to correctly identify and understand these components to trade this pattern successfully. Key things to look out for when trading the bull flag pattern are:
Preceding uptrend (flag pole)
Identify downward sloping consolidation (bull flag)
If the retracement becomes deeper than 50%, it may not be a flag pattern. Ideally, the retracement ends at less than 38% of the original trend
Enter at bottom of the flag or on the breakout above the high of the upper channel boundary
Look for price to break higher with a length potentially equal to the size of the flag pole
Tesla Will Fall Hey All, this is a follow up to my Short on the US100 I took today just going into a bit more detail on what I see in Tesla. We have a MASSIVE divergence on the Weekly RSI thats been going on since the pandemic started and Volume has only gone down since the highs which isn't a great sign that this stock will breakout to the Upside. Its at the All time high resistance with these factors I don't see Tesla smashing earnings expectations enough to keep going up it could be Buy the rumor sell the fact.
ETHUSD(4Hr): ETH reaches a new All Time High!!!!!!!!!!!!!!!!!!!!Market in the last 24 hours
The price saw a bullish momentum as it moved from the middle to the upper Bollinger band. ETHUSD saw a new ATH. Trading volume has been high in the last 24 hours.
Next 24 hours Trend analysis
As the price touched a new ATH as well as reached the upper Bollinger band which act as a strong resistance line, a correction is most likely will take place and the price is expected to consolidate till it reaches the middle band after which a continuation of bullish momentum is expected.
The price change was high at approximately 6.08%, with the day's range between $4113 — $4401.
Price at the time of publishing: $3965
ETH’s market cap: $512 Billion
However, the Indicator summary is giving a 'BUY' signal on ETHUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal.
Traded volume has remained high in the past week. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 Day candles.
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Any feedback and suggestions would help in further improving the analysis!
$DOT this is the bottom ?!Hello and welcome to this quick market update:
With all the parachain hypes around $DOT aside, let’s discuss the TA a little bit:
As you can see, in my opinion $DOT is trading in a rising wedge and currently we are at a very import support.
Both static and dynamic supports are aligned here (+ 21D ema), so it is fair to say that if we loose this line, the All Time High will delayed for a long time for Polkadot family.
As I show you in the chart:
if we sustain this level $60 would be our first target
And if we break below this wedge, $26 is where I would like to buy $DOT again
Let’s hope that Bitcoin is done with the correction ;))))
What do you think will happen first, $26 or $60?
Bitcoin FALSE Breakout - What it means and how to spot them...As a followup to my Tradingview idea warnings about the false breakout on the INDEX:BTCUSD weekly chart this video looks at other examples of this pattern. Be patient when price approaches major or All Time Highs. All you need is to wait for confirmation and price will tell you which way it is going! Examples: NASDAQ:AAPL , NASDAQ:TSLA , NASDAQ:COST , NASDAQ:ROKU .
All Time High created for AFRMAffirm has been trading in a strong uptrend and recently touched its all time high and has been trading at higher levels. It has potential to touch 200-220 with in a few days in this rally before any significant profit booking happens.
Disclaimer:
For educational purpose only. All disclaimers apply.
ETH rising wedge ETH has been moving up in a rising wedge on the daily since the end of September, are we going to see eth break upwards out of this pattern and break all time highs or have a correction before moving back up to all time highs ? You guys bullish on eth or expecting a pull back?