Charting LSE:ALPH on MEXC -I believe a potential double top could be forming on Alph -price could not retrace above the .618 level, which is a clear sign of weakness -price is also starting to show resistances towards the .382 level, another sign of weakness -once the double top is formed, there is a technical target at $0.239 per alph. Although this seems...
Inverse head and shoulder forming on Alph. With an extend measure move to sub $1. This will be a deviation to this range and forming a solid bottom. Need to look for RSI divergence to confirm.
Solana appears to be targeting range high, potential chance to reclaim it for support and goto target 2 Invalidation: close below previous daily candle
Swing Short -Chainlink flashed TD 9 Sell Signal on the daily -Shown resistance/rejection off Fib levels -potential declining channel Target: 1.414 fib @ $4.1465 Invalidation: price move above previous day candle close @ $7.6652
imo we are likely to hold and continue with the uptrend. could form inverse h&s
I have overlayed ETH 2017 price action to Matic atm. If this fractal plays out, $4 mattic is possible by Jan 19
This is the potential bullish path for BTC
Looking at around 280k around August to some point Q4
I believe we are in store for more pumps in the crypto rally as the DXY looks like about to break down from a double top.
If we can close multiple candles above the $19.29 resistance, I believe we should breakout quickly to $22 and above.
DOT seems to came back into the trend zone we drew. If we extend the trend zone, DOT is looking like it wants to head to $60 if it continues price discovery. Assumptions -BTC does break down -We are still in a bull market -RSI trendline holds support -Trend zone pattern continues Our opinion -we don't think BTC will break down -we believe we are still in...
Currently in ascending wedge, about to break bigger macro descending triangle.
In my opinion cake is way oversold. First time breaking the 20 Day EMA. Is our opinion, that Cake is way oversold Prices go up and down, don’t pay attention to the noise and invest by fundamentals. Cake has more daily users than Uniswap, this is a fact and has not changed. Gas Fees on ETH is horrible in recent hours. All the bullish reasons for cake are still the same.
Based on the macro trend line, is time to load up on SOL
extending our trend lines, here is our expected trade range for BNB for the month of May. however, we are not holding BNB as we are building a position in CAKE, as we are expecting CAKE to continue outperform BNB.
Expecting some serious price action soon. With ETH pumping, Compound, Maker, Polygon all pumping, it will only be a matter of time for AAVE to pump as well.