AUTO - Massive channel is breaking out! Huge gains, Elliott Wave
First of all, I want you to take a look at the volume indicator. As you can see, we have huge bullish volume!
On the daily chart, there is a descending parallel channel that has been destroyed by the bulls recently.
Also, there is a local symmetrical triangle that looks like it is also breaking out, so we have a double breakout, which is nice to see!
Impulse Elliott Wave has been completed (5-3-5-3-5), and because of that, I expect a bullish retracement.
The profit target is at the end of the previous wave 4.
I don't have the historical data to put a fibonacci retracement from the previous all-time high, but it was around 13 500 USDT.
I think this is a pretty good setup to buy this coin on the spot market.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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AUTOBTC
AutoFarm AUTO - Whales are buying! Breaking out + Triangle
First of all I want you to take a look at the volume indicator - we have an elevated volume and massive buying pressure!
On the daily chart we can clearly see a massive descending channel and the price is very close to so a breakout.
Also we have a symmetrical triangle + 200 daily moving average, likewise very close to a breakout!
Impulse Elliott Wave has been completed (5-3-5-3-5) and now we can expect at least a bullish retracement.
First profit target: End of the wave 4 + 0.382 FIB - 91% profit at 600 USD.
Second profit target (recommended): End of the wave 2 + 0.618 FIB - 425% profit at 1683 USD.
Always set your profit target slightly below these levels, to make sure you will get filled.
Look at my ideas about interesting altcoins in the related section down below ↓
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AutoFarm AUTOUSDT - Record Volume + HUGE Channel + Elliott Wave- On the daily chart we can clearly spot a descending channel , which is very close to a bullish breakout!
- If you take a look at volume , we have a massive bullish volume spikes - always good to see.
- 200 weekly MA is actually acting as a resistance, but if the channel breaks up, then the MA will too!
- Due to my Elliott Wave analysis - 12345 Impulse wave should be completed and now are expecting at least a retracement to 0.618 FIB.
- Look at my ideas about another great altcoins in the related section down below ↓
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AutoFarm AUTOUSDT - Best buying opportunity! + Wedge + Rectangle- We have a huge falling wedge on the daily chart, which can lead to a massive breakout!
- Also we can see a bullish rectangle pattern currently forming on the chart.
- You can buy breakout above the rectangle + wedge trendline (above 550 USDT).
- Due to my Elliott Wave count, we have a completed Impulse wave (1-2-3-4-5).
AUTO is approaching my zone of interestYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
AUTO with potential to explodeAUTO with 50K circulating supply and TVL over than $700M so the price should be over $4k now.
I think it should be the next hidden YFI
You should save 1 coin at least for the future, who knows maybe could hit 1 BTC.
I see there is Head & Shoulders pattern and the price should hit $2k at least for now so we have a chance for 100%.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
AUTO/BTC buy opportunityHi followers,
BINANCE:AUTOBTC showing signs of potential move up,
buyers stepped in with high volume, higher low formed after long time of low volatility and kind of rounding bottom formation.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
AUTO farm token is on the way to ATH (300% likely)AUTO MC has been very low only 60M, Total supply of 80,000 (with circulating supply of only 14.6K, good platform with a good business model, Listed on binance, with previous ATH of 12K.
With a projected defi token value of 1B (diluted) it has got a 3x room left to grow easily.
With a projected defi token value of 1B (current circulating supply) it has got 15x room to grow.
Knowing that all tokens listed on binance of those were generated in launchpool on binance gneerally moved lower first and then went sky high..
Its a no brainer to invest a small chunk and let it rip.
(btw I understand its too early for fibonacci on an hourly chart so just focus on the fundamentals and Moving averages all pointing to move up, Higher lows, and good room to grow on the bollinger bands)
