$UTK 1D CHART Very nice looking Cup and Handle fractal forming on $UTK. TARGET PRICE $1.25 although if you are going to set a limit sell then I would set it a little under this, maybe $1.20 in case we don't hit perfectly! As we are seemingly in the beginning of a nice little alt season, this could well play out nicely 🦾 Breakout expected around the 16th...
OCEAN 1D CHART Very nice looking Cup & Handle fractal forming on OCEAN. TARGET PRICE $1.97 although if you are going to set a limit sell then I would set it a little under this, maybe $1.90 in case we don't hit perfectly! As we are seemingly in the beginning of a nice little alt season, this could well play out nicely 🦾 Breakout expected around the 11th...
Looking at the daily chart, we can see that ETH remains above the 200EMA unlike BTC which has been under its 200EMa on daily for over 52 days now. There is a clear right shoulder possibly in the making now to complete an inverse head and shoulders pattern with a technical target of around 3K RSI support is shown as a dashed green line and would be important to...
$BTC 4hr - Symmetrical Triangle A few observations to go with the triangle... Market Cipher B: Leading momentum indicator (light blue underneath the darker blue) is turning meaning that it is stopping it's downwards trajectory and also the Volume Weighted Average Price and Money Flow Index are turning meaning that we are potentially seeing a turn to bullish...
WOW! $ETH looking beastly! Came down and bounced where I said first time, then between there and the backup 0.618 the second time, now on a squeeze and looking like we might be going up! Positive Money Flow Index, positive momentum, the Volume Weighted Average Price Indicator is positive too and we are on the right side of the Bollinger Bands too. Looking...
Hello folks, We have BTC completing a nice IHS with the start of wave 3 targeting 68K and would be a close to text book FIB extension of wave 1 to 2 On the 4h TF - we are about to see a nice golden cross of 55 and 200EMA which is a very bullish sign. We also see a bullish continuation signal on Market Cypher - targets for wave 4 and 5 are premature and so don't...
We see BTC has probably completed an ABC inside a bullish wedge with bullish divergence popping up on the 4h TF along with some very decent support from here down to about 46K. Breaking up wards of this bullish wedge is what I'm expecting will happen - Keep an eye on these supports though as breaking below the 46K support will mean another hard plunge down. Play Safe
Ocean/BTC looks like it has found its bottom at 0,...2050 - 0,...2100. The current downtrend and those two resistance lines need to be broken so we can see a nice recovery there. But also another test of the Support zone would offer a good long opportunity. The first price target then is at around 0,...2940. Singe $OCEAN is a super legitamate and innovative...
$EOS seems that it has found its bottom from the last crash. If the current resistance can be broken sustainable (best scenario would be with a retest of it) and we wont see another dump in the general market, $EOS offers a great long opportunity.
BTC update: So we had wave 3 failure and have seriously breached the coveted 200Ema on 4h TF. So now what?... We see that RSI has room for growth and MACD is turning but... We are at VPVR CL resistance and there is lots of resistance at this level and above. Wait and see situation - I dont recommend any positions here. Play safe❤️
KSM is ready to go with bullish divergence and nice confirmation of the 200EMA support on the 4h TF. Following the recent increase in BTC and ETH, we will see many smaller MC coins start to go. Keep your eyes on KSM folks... This will be huge!!! Trade Safe
$VTHO CAUGHT ON THE BREAKOUT Taking a look at VTHO here and the recent strong bullish performance of the big brother VET, these gas tokens usually perform well not long after the main project surge (Look at THETA and TFUEL for another example) VTHO looks like it is on the verge of a breakout of a symmetrical triangle on the daily chart and looks incredibly...
Storj offers two good long setups to keep an eye on. 1: Breakout from the resistance line with possible retest of the higher grey zone (+smaller tf 0,618 fib) 2: The resistance line stays intact and we drop to ~2$. Would be an amazing long opportunity as long as we can break through the resistance line (and maybe even retest it) at these levels. The price...
Xlm just broke out of its current triangle to the upside and has a lot of potential for another big move. TP1: 0,607$ TP2: 0,835$
Bird.money is ready for the next leg up. Especially with staking and the exchange listing which is about to happen very very soon, new highs should be imminent.