Food for fractal lovers: UNIX following SUSHIs beginningsThis is simply food for thought:
I've been tracking UNIX for a couple of weeks now and since the beginning it has remind me of sushis first moves. On top you see a segment of SUSHI/BTC beginnings. It´s been following the same moves for the last couple of weeks and the rise of today, despite a red market, just simply gave me the confidence to show it to you.
Let me know what you think about it!
Happy weekend trading to you all!
Microcap
CPOOLUSD new supports formed here and expected pump aheadCPOOL / USDT
CPOOL still correcting in this pattern since early December.
Until now Cpool still couldn't be able to flip the major resistance on frames between $1-1.25.
Scenario 1: test local support between $0.42-0.43
Scenario 2: if this local support here remains valid, price can easily pump to the channel upperside and $0.60-0.63 in the next move.
Any breakout and then more pump is expected with the upcoming news of the mainnet launch.
DISCLAIMER: Trade based on your own decision, please do your own research.
AMPG Leg 1 = Leg 2 Complex correction (Log Scale)Leg 1 = Leg 2 Bearish Measured Move nested inside Bullish Spike & Channel Macro Structure.
Expecting the Path of Least resistance to be downwards unless we continue to see strong Spring type action. Retracements under a declining 5Day MA must be treated guilty until proven innocent, if looking to open a swing trade. A Higher High above the 5DMA would provide confirmation. There is always the possibility of a re-test of 2017-Oct2020 Accumulation Range Creek & Origin of Breakout @ $1.5.
Currently trapped shareholders that remain steadfast and have bid their time for appropriate places to average down, a Higher Low Major Trend Reversal or Higher Low Double Bottom Major Trend Reversal at the base of the channel would be ideal. Otherwise appropriately Double Pressured Range breakouts could provide more conservative entries than catching a falling knife.
April2021-Jan2022 Redistribution Range Breakdown Measured Move Targets;
1:1 Target @ $2.15
1:1.618 Target @ $1.5
HPB/BTC - The easiest 100x potential coin for 2022?High Performance Blockchain is an old and forgotten coin from 2017. 99% of the community has already capitulated. Nonetheless, the project surprisingly actually lives up to its name.
With extremely low fees (as low as $0.000000001 per transaction), an extremely high number of TPS, NFTs being minted almost for free, DEXs being built on the blockchain and the community considering to rebrand the project and bring it back to life, High Performance Blockchain already has everything it needs to become a top 50 project. The only thing it's missing right now is a large, active community (since the old community has capitulated) and exposure / hype / marketing / brand awareness, which I hope to see in the future after we have rebranded and draw in a whole new crowd.
As far as technical analysis goes, it is difficult to say whether we have already bottomed out at 200 sats or if we have yet to make a new all time low in sats as Bitcoin begins to recover and eventually hits new highs. HPB has one of the most rekt charts in all of crypto, with its ATH at 80k sats and its ATL at 200 sats.
This is a very high risk / high reward coin to trade because not only has it been in a steady downtrend for years, it is also extremely illiquid, meaning it is important to use the right strategy. In this case, the right strategy is to start Dollar Cost Averaging (DCA) down from 400 sats and under, and aim to hold it for the long-term. So buy a little bit under 400 sats, and then just wait and see for a while. If it gets to around 300 sats or under, put in some serious money. After that if it still keeps on dropping, wait for it to make a new ATL in sats before buying any more.
The potential gains on this one are absolutely ridiculous if it manages to revive like SNX, BQX and AAVE did. As you can see, even 100x or more against Bitcoin isn't all that spectacular since the chart is so rekt.
In the case that we get a big random pump, the first target is around 2500 sats, after that ~8000 sats. If the project actually revives like I think it eventually will, targets are set at 20k sats +.
So yeah, don't FOMO into this one. Start off with a very small bag and slowly DCA over the next few months. Then sit back and hold it for the next year or so to possibly get 100x returns or more.
Good luck to you all and fingers crossed that HPB manages to rise from the ashes like many others have already done!
Humanigen is ready to reverseHumanigen's stock has two lower trend resistance lines with price targets of $3 and $2, respectively.
The first resistance line has just hit after a month of major events.
Catalyst 1: Marc Bistricer of Murchison and Nomis Bay bought back in after major selling over the past year.
Catalyst 2: 7 corporate insiders including the CEO (Cameron Durrant) and Chief Scientific Officer (Dale Chappell) announced taking sizable call options at strikes between $0 and $2.85 in lieu of salary.
Catalyst 3: Bad news is out and priced in (or largely priced in). The FDA and MHRA have both informed HGEN that its applications to license lenzilumab, the company's proprietary anti-cytokine-storm therapeutic, are delayed pending further data on efficacy, safety, and manufacturing.
Catalyst 4: In December the findings from the 2020-2021 LIVE-AIR trial were published in The Lancet, one of the top 5 medical journals in the world.
Catalyst 5: the confirmatory ACTIV-5 BET trial sponsored by the NIH is now fully enrolled. The interim data readout is expected at the very earliest in late February, at the latest in early March. The FDA and MHRA will ultimately decide whether to give emergency authorization for lenzilumab as a COVID therapeutic based on the ACTIV-5 results.
Oasis Network Breakout OpportunityThis crypto has broken out with good volumes and could Retest in daily candlestick chart, and may rally further.
It is a small cap and the markets are showing signs of weakness. so this trade is of high risk and due caution is advised.
A good point of entry would be around 0.32 USDT, which is the point of retest in Fibonacci levels and previously higher trendline.
Risk Reward Ratio - 2:1
SL placed below major support and below trendline.
ANIC Fundraise UpdateAn updated valuation of 55 million added to 62 and 82 million (assuming uptake) of fund raising brings ANIC's valuation up to £200 million **before** they have invested the cash. Bringing the P/B (market cap vs NAV) ratio down from 5.5 to less than 1.
For reference hype outliers like Tesla have peaked at a P/B of over 66.
Rndrusdt #cupandhandle @blockchain_manea break of a huge cup and handle
Volume to support
flagging right underneath resistance
fibs set as take profit targets
Looking to break the downtrend, needs volume, looks good overallBreak of the downtrend
gaining the 200 as support
needs volume
AI/USDT Break of the downtrend
Golden cross
volume to support
either buy the break higher or look for he pull back
Carr/USDT, a defi auto loan projectWho knows how valid the project is
but when it beaks the downtrend and confirms the 200 as support, I'm hopping in.