KSM over $600!KSM has been on a complete tear since last November when we entered the current upwards trending channel. Even through long periods of very high RSI the price continued to move up. However, KSM did not have a good April and slid back to the lower end of the channel.
The RSI bouncing (circled on the chart) as well as the MACD crossing the signal line tells us that a reversal to the upside is on its way. Additionally, we have now had two daily closes above the .236 level. As well as two daily closes above the 50 day moving average. All very bullish signs for $KSM.
I'm looking for KSM to get up to $600; the middle of the channel, and the .618 line. Secondary target would be around $800 is the RSI doesn't go too crazy or if BTC does has a dip that brings the whole market down.
Stop loss at a daily close under the lower end of the channel.
Have fun! Trade at your own risk
ATH
BNB correction - possible new ATHBNB is forming a triangle correction after reaching the ATH.
Plotting by the Elliot triangle wave, we are currently in the 4th leg of the 5 leg correction. at the end of the correction we can expect a breakout to the upside (possibly downside, which is less probable) to reach an ATH.
Disclaimer *This is my first idea, and I'm still in a learning curve. If you have any remarks, I appreciate it.
Do your own analysis before doing any trades.
QTUM JUST HOLD AND BUY IN EVERY DUPMPHi Friends
Qtum halving is in September. So I just buy it in every dump and hold. I think it is so cheap because at the end of the year we will see a big move on it.
But if you want to make a good profit in 1-2 months, I want to say we will see an all-time high on it.
$BTC Overview Analysis Approaching horizontal resistance and descending trend.
This region is important, it may walk to ATH in its breaking.
POSSIBLE scenarios on the chart.
Keep following for more analysis.
----------------------------------------------
Yatay direnç ve alçalan trende yaklaşıyor.
Bu bölge önemli, kırılımında ATH a yürüyebilir.
OLASI senaryolar grafikte.
Daha fazla analiz için takipte kalın.
DOTUSD :: Solid breakout over 4H 200MA, heading back to ATHYou can see on this chart that DOT has taken off upon closing above the 4H 200 period moving average, broken the larger 45 degree down trend as well as the recent correction's down trend and should ride up well above the new 45 degree uptrend. 45 degree trend lines is the ultimate measure of trend momentum. The further left of the trend line the price action is, the more aggressive the trend. Crossing the 45 degree line indicates a trend reversal may be imminent, at the very least that the active trend has broken.
KAVA BREAKOUT! READY FOR NEW ATHHello everyone,
This is not an investment advice, just personal thoughts about cryptocurrency called $KAVA
Downtrend line has been active since 6th of April, and parallel trend channels are closing, major support of Ichimoku is strong, Fibonacci retracement levels are finely tuned, this is a new price discovery break-out, let"s see..
How to interpret this chart?
The major downtrend line is bold line, the major support of up-trend line is green bold one.
Inside this triangle, I was thinking that minor support lines are going to be in that predicted channel for break out pattern. And if we gonna closings above the down red line in 4H period chart, this is going to be approval for price discovery period start!
My first bought was around 4,30 where in its accumulation period, this is the last signal in my honest opinion. I'll add some to my bag from this point, wish you all profitable trades.
The aim is vertical dotted line which goes to 10.89 $ and also Fib. Retracement Leves are showing 1.618 (Golden Ratio) is very close to that area and this going to be resistance level in price discovery chart.
Well, lets see. Time the operator.
Trading Idea - #HUT8HUT 8 Mining is definitely a BUY! As a trader, I am searching for the "best" entry.
Find a BUY entry around the POC-area: 4.50 to 5.00 CAD!
TARGET: 10.00 CAD
A short-term SHORT is possible with the rejection at the bottom of the descending triangle: 7.20 to 7.50 CAD
- The share price of HUT8 has risen logically with the Bitcoin-hype to an ATH of 16 CAD (+ 800%)! You could think of quick and easy money.
- Nevertheless, it can currently be seen how the latest investments have weakened the share. HUT8 purchased NVIDIA CMPs worth of 30 million USD to increase the company's aggregate operating rate by about 1,600 Gigahash.
- Bitcoin continues its rally as HUT8 invests in infrastructure. As soon as this process is stabilized or even completed, the HUT8 share will go on attack again.