Coin
BEAM LONG CUP AND HANDLEPossible cup and handle formation developing after ,and showing a bullish divergence , the cup shape areade formed there and now waiting to see the handle build up
$MSFT $U $TWTR $COIN I OptionsSwing WatchlistMSFT 2H I MSFT is breaking from a downtrend on the 2H time frame. Held the $295 level after reporting earnings. Resistance near $315 and support near $300.
U 1W I U on the weekly chart is bouncing at its trend line coming from last year. It will report earnings on 02/03 and we'll know if MMs approve of it and if the trend holds.
TWTR 4H I TWTR is forming and ascending triangle on the 4H time frame. Needs a breakout above $35.50 and it could see $37.50+ before earnings.
COIN 4H I COIN seems to be possibly making a double bottom near $165. It bounced nearly 10% on Friday and could move to $200 before earnings on 03/24.
madness, as is traditiontook some profits last summer, along with a much needed hiatus. figured that was the best way to keep the aforementioned profits.
shes a moody puppers. if this week closes anywhere below .15 then I'm not buying until 0.12 at the very lowest. IF she manages to hold this level, then we have seen the shiba's shadow and it will be another six weeks of winter.
My Coin of the Year 2022 - FantomHey Trader,
Today I want to introduce you to my favorite Crypto Pick for the Year 2022/2023 - Fantom.
I'm a purely technical trader, I indeed am interested in fundamentals since I am very interested in economics but the key for my decision is always the chart. The Chart on Fantom looks just amazing. As you can see I use Elliot Waves for my technical analysis. In this case we have already printed wave 1 and 3 which leads to our last Wave of the first Cycle - Wave 5.
What's really interesting here. is, that our Wave 1 and Wave 3 are very similar in length, which leads to the conclusion that our last wave has to be longest. Usual targets for an extended fifth are in this case either the length of wave 0 to 3 or the 162% extension of wave 1 to 3, which leads to the target of around 3500 $.
Based on this knowledge I see high chances of FTM to become one of the best performing Cryptos for the next year.
Let me know what you think.
This is no financial advice, just my technical opinion and view.
RT
VeChain with currently 10.000% chanceHello everyone,
please see my current idea on VeChain, where my counts suggests a minimum target of around 1.2 $. This is due to the fact that wave 3 is similar length as wave 1 on log scale. Based on this knowledge I assume that the ''real'' bullish impulse is just getting started.
Let me know your thoughts.
This is no financial advice, just my technical view.
RT
COIN breaking multi-month supportNASDAQ:COIN gapped down this morning below its all time and multi-month support level. This is negative for the stock up until it can recapture the $210 support level. We are looking for continued downside pressure, especially as the crypto markets continue their risk-off mode. At this point in time, none of the momentum indicators are showing signs of a slow down, so our bias is to the downside here. Entered on the open today. Stop is placed right above today's highs.
Coin - Support Break in 3DBTC, as a proxy to Coin, is approaching the 2h LBB after rejecting the neckline of the Daily H&S. The 2h pennant confirmed and was promptly rejected, convergent with two morning wicks off the 2h UBB. The major market sell-off continues to see declines in high multiple stocks, setting up covering plays in the future.
Coinbase: Time for a Move Higher? Coinbase - Short Term - We look to Buy at 224.00 (stop at 213.00)
Previous support located at 225.00. Posted a Bullish Hammer Bottom on the Daily chart. We look for a temporary move higher. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Risk/reward is ample to call a buy trade.
Our profit targets will be 252.00 and 274.00
Resistance: 250.00 / 275.00 / 300.00
Support: 225.00 / 210.00 / 200.00
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Coinbase looks temptingCOIN is down 37% since its high in November and appears to be in a clear Falling Wedge pattern. We've also entered my Buy Zone and we're seeing Tier 1 Seller Exhaustion. This is a prime value play for me and I'm interested in starting to average into a long position here... However, I'm waiting to see bullish divergence on the Daily chart before I go more heavily long.