Bull flag followed by another bull flag followed by another bull flag A rough estimate to where this could go is around 1.3 -2.00 (conservatively)
This is the futures contract pairing on HOT/USDT R1 as you can see at roughly 0.008 (50% profit) and R2 (170% profit) which is at 0.014 The overall weekly chart is printing a descending triangle which could result in a bullish breakout. The stop loss position for this should be maintained at 0.004 because that means the bullish pattern is invalidated and there is...
Descending channels are breaking bullish on the weekly as we have seen with BURGER and VIDT, same is happening with UNI. On the daily its an inverse H&S pattern SL 5.70 TP1 10.50 TP2 18.50 TP3 26.0
This is futures contract trading YFII pair. I am leveraging this trade. Targets as shown. You can choose to wait for BTC bull continuation or wait on the sidelines before you get into alts. assess the markets on each profit target area. Use your risk management plan and stick to it, whether it was 1-3% stop loss or whatever you are comfortable with. This can...
This is futures for SOL/USDT ...targets as stated. all again depends on bitcoin performance. if BTC decides to go sideways, we should see SOL hit these targets.
Dont know what this coin does and i dont care either, but its forming the most perfect text book cup and candle. If BTC decides to go up in the next coming days/weeks, this coin will explode up to ATH. I will enter ONLY with confirmation from BTC that we are going up. remember the alts market is dominated heavily by BTC movements.
I realised that these defi coins like the number $15 very much, BAND went to $15, LINK exceeded $15 but for sometime was finding support at $15 and now this i suspect that will have a run up to $15
On lower time frames (4-12 hr) we are consolidating. On Weekly timeframe (1W) this has more bullish drive. I am swing trading this. These coins could drop significantly if BTC decides to go on a bull run which comes to me as no surprise. Just always be ready to watch out for BTC moves whilst your alts are doing its thing Potential target is another approx. 50%...
One of my fave Defi projects Targets as suggested. remember resistance turns into support, buy at support to re-enter. On the Weekly / Monthly chart this is very strong, longer time frame charts gives you more clarity and more assurance that your coin will do better than looking into smaller timeframes. Longer time frames determine how the shorter timeframes do...
Fundamentals are there, solid team who are ex employees of youtube and paypal. they aim to decentralise financial products eliminating middle man fees. From TA perspective, monthly chart is in a equilibrium pattern which means when bigger timeframes decide to break we could get the next few months of just upward movement. I wont be surprised if we get to see this...
I have accumilated on this coin early - not so early- but still early. I am looking to sell at 5000 or higher, reaccumilate when it retraces and then buy back in
I am really hoping we could go lower so I can long heavily. time will only tell, bitcoin shows weakness so we might see still more downside to go. we are forming lower highs in every bounce relief so my bias is for the downside. how low can we really go? well it only depends on BTC since its leading the market but I have some of my personal analysis that I am...
Honestly, I wont be surprised if we do see those lows again especially with how the traditional markets are behaving bearishly. We have news of second lockdown happening. Sometimes its just good to ignore all the EMAs, SMAs and the resistance and support lines on smaller timeframes and just look out for the bigger picture. The StochRSI on bigger time frames...
This is my probable analysis. You may disagree and suggest that we are in a bull market. anything above 3-6k in BTC is still considered bull market to some but I rather play safe than sorry. I will await monthly confirmation as I do believe ETH still has more downside to go along with BTC. Remember if we get a second lockdown many will sell due to fear and then...
This will follow ETH lead, and influenced greatly with BTC movements, i foresee a short possibility here but also an accumulation chance too.
Holding this until the top unless BTC shows us weakness then im out.
two scenarios. at this time, its better to have confirmation before entering any long/short position