#CAKE, #PancakeSwap Breaking out of Formation?A quick look at #PancakeSwap (#CAKEUSDT, #Binance, 4HR):
Whether we see a wedge or a broadening formation, CAKE is broke up from it with a nice spike in volume.
If confirmed, it could be a good entry.
If it fails, price could go back to the $23-$22 level.
If you want to read more about PancakeSwap on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
Binancesignals
#REN, Can #Ren confirm Triangle Breakout?A quick look at #Ren (#RENUSDT, #Binance, 4HR):
There are two way I can look at this chart: A) Ren broke out a descending triangle on March 26; B) Ren broke out yesterday from a triangle. Either ways, price has been ranging since March 26.
Let's wait to see if the price bounces back from the upper side of the triangle, or for a confirmation of the upper resistance at $1.11-$1.10 flipping into support. If confirmed, we could see #REN finally move higher. If not, price might go back down and find support at $1.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment, or follow me! :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
BNB Sell the trend.BNBUSDT - Intraday - We look to Sell at 539.8 (stop at 562.2)
We are trading at overbought extremes.
Trading within a Bearish Channel formation.
The trend of lower highs is located at 540.
20 4hour EMA is at 540.
Trend line support is located at 510.
Trading close to the psychological 500 level.
A break of 500 is needed to confirm follow through negative momentum.
Our profit targets will be 478.1 and 457.1
Resistance: 540.0 / 550.0 / 580.0
Support: 500.0 / 480.0 / 460.0
#LTC, #Litecoin price after the pennant?A quick look at #Litecoin (#LTCUSDT, 4HR, #Binance):
Price broke the upper resistance of the pennant pattern on April 5.
After reaching T1, it stopped at $297 on its way to T2.
Price is now retracing to S1, where it might bounce back. If not, next supports are S2 and S3.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
Thank you and Happy trading!
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Needless to say, this is not financial advice!
#CKB, #NervosNetwork Broke out of Wedge. Now what?A quick look at #NervosNetwork (#CKBUSDT, #Binance, 4HR):
Price broke the upper resistance of the wedge pattern on April 11.
However, since April 8, it's been going within a tight range between $0.029-$0.032 (reaching up to $0.035). It seem the , where it seems S1 is struggling to act as support. If it manages to hold and bounce off of that and break through the resistance at $0.032, we could see #CKB price move higher. If not, price may bounce its way down to the EMA200 (S2) or down at S3.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
Thank you and Happy trading!
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Needless to say, this is not financial advice!
#ETH, An update on #Ethereum after the breakout.A quick look at #Ethereum (#ETHUSDT, #Binance, 4HR):
ETH has been in a wedge formation since March 20, and broke previous ATHs three times. Price has been in a tight range since April 2 and, on April 13, it broke out of the pattern.
After reaching T1, it stopped at $2,548 (ATH).
If S1 holds, ETH can try again to break the ATH and move higher. If S1 does not hold, price could retest the wedge or the lower resistance areas.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
Thank you and Happy trading!
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Needless to say, this is not financial advice!
#TWT, #TrustWalletToken UpdateA quick look at #TrustWalletToken (#TWTUSDT, #Binance, 4HR):
Price broke the upper resistance of the pennant pattern on April 4 with a nice volume spike.
Since then, we missed TP1 by a $0,01 and lost support at the $0,80 level.
Currently, we are testing support at $0.74. If it manages to hold and push higher through resistance, we could see #TWT resume its path towards T1. If not, price might go back down and try to rebound from the EMA200, or in the $0.65-$0.62 range.
To read more about TWT on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
#GRT, Can #TheGraph push higher?A quick look at #TheGraph (#GRTUSDT, #Binance, 4HR):
Price broke the upper resistance of the wedge pattern on March 28.
Since then, we managed to reach TP1, and now price is in this tight range between $2.15 and $1.90 (S1).
If S1 holds as support, GRT can attempt once again to break R1 and resume its walk towards TP2.
If S2 does not hold, price could find support at the well established S2 level.
To read more about The Graph on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
Thank you and Happy trading!
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Needless to say, this is not financial advice!
ETCUSDT (Channel Breakout)ETCUSDT (1H Chart) Technical Analysis Update
Descending channel breakout
ETC/USDT currently trading at $0.1335
Buy-level: $35.75- $37.00
Stop loss: $31.60
Target 1: $41.75
Target 2: $46.00
Target 3: $50.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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#CHR, #Chromia after the Wedge?A quick look at #Chromia (#CHRUSDT, #Binance, 4HR):
Price timidly broke the upper resistance of the wedge pattern on April 8, but it has also been trading within a range since March 16.
CHR needs to break R1 before aiming to TP1.
If rejected at R1, price should go back to the EMA200 or S1 and, if that does not hold, to S2.
If you want to read more about Chromia on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
#DOT, #Polkadot Breakout?A quick look at #Polkadot (#DOTUSDT, #Binance, 4HR):
Price broke the upper resistance of the pennant pattern earlier today, April 17, hitting its ATH at $48.36.
Since then, the 1HR chart shows what to me seems to be a confirmation. I opened a position at $44.63.
If DOT manages to flip R1 into support, we can try to reach TP1. If it does not hold, price might go back down to S1 or to the EMA200/S2.
If you want to read more about Polkadot on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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#LINK, #ChainLink and the Double-Top.A quick look at #ChainLink (LINKUSDT, 4HR, Binance):
Price broke and retested the upper resistance of the pennant pattern on March 31, and the following wedge on April 13.
LINK then managed to break TP1 (Woo-hoo!) and run up to $44.40 (ATH), short of TP2, where it was rejected.
With the double-top, price is taking a break and should likely find support at S2, where it could resume its run up. If S2 does not hold, S3.
Since we are still in an uptrend, this could be a good break to restock some LINKs! :)
If you want to read more about ChainLink on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
#ALGO, Can #Algorand push higher?A quick look at #Algorand (#ALGOUSDT, #Binance, 4HR):
Price broke the upper resistance of the triangle pattern on March 29.
Since then, it broke the $1.47 resistance, flipping into support (S1). If S1 holds, price can try to break R1 and push the price higher.
If S1 does not hold, price might go back down and try to rebound from the EMA200/S2.
If you want to read more about Algorand on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
------------------------------------------------------
Needless to say, this is not financial advice!
NEO Next Target ATHWe cleared 100, now I expect a small correction before resuming upwards heading to 200
LINAUSDTLINAUSDT (1H Chart) Technical Analysis Update
LINA/USDT currently trading at $0.1335
Buy-level: $0.129- $0.133
Stop loss: $0.121
Target 1: $0.1393
Target 2: $0.143
Target 3: $0.160
Target 4: $0.171
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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BNBUSDT Next Target!BNBUSDT (1H Chart) Technical Analysis Update
BNB/USDT currently trading at $536
Buy-level: Above $550
Stop loss: $503
Target 1: $580
Target 2: $610
Target 3: $650
Target 4: $700
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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IOSTUSDT Good Buy!IOSTUSDT (1H Chart) Technical Analysis Update
IOST/USDT currently trading at $0.081
Buy-level: $0.078 -$0.082
Stop loss: $0.06984
Target 1: $0.087
Target 2: $0.091
Target 3: $0.100
Target 4: $0.115
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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