Took a position in Swipe which shows a typical cup & handle pattern. There are currently many bullish setups in cryptoland, but rather than chasing the ones that pump, go for the ones that are about to. This is one of them.
ETHBTC show a clear pattern of double bottoms that are typically good times to be long Ethereum versus Bitcoin. I am adding Ethereum here.
Holo follows the arc on the 4H and seems on its way to its last high. Once broken, we're back in uncharted territories where the upside will not be limited by any resistances. I'm counting on a three-bagger from here once we break the previous high.
Have been trading Enjin since January and the returns have been enormous. Patterns are very clear and it's therefore been quite easy to take profit and re-enter at lower prices.
We're in a very bullish altcoin-year and those who have invested a substantial amount of their funds since January have done really well. Many if not most of the altcoins have done five-baggers, ten-baggers or even more. Yet we all realize that nothing goes up forever. How to decide when to get out? One of the indicators I follow is RSI. Once we see a continuous...
I like the mining sector. It's a sector that is so undervalued versus the general stock market that it almost a no-brainer to invest in it, especially now that the gold price seems to be bottoming out. This is the chart of Westhaven Gold, a gold explorer that has been beaten down for months and months, but the setup is beautiful for fans of classical charting....
Target 0.0105
Icon shows a pattern of higher lows and a clear resistance that has been tested more than twice. This is one of the bullish setups that gives me confidence.
This year I have seen so many cryptos blow up. And it's really hard to figure out when to sell. The reality is that I'll never get it completely right, but I do take 50% off the table once I see an opportunity to do so. I then scout the market for cryptos that have not yet seen those amazing returns. Once I see altcoins that have consolidated and are gradually...
Experienced chartists know that after breaking out of a long-term resistance, potential gains can be substantial. I personally like to see the current scenario where we break out and then quite quickly backtest the previous resistance which has now become support. We are now in a consolidation phase between the two clearly visible support and resistance lines....
ZRX may first see some resistance from the descending trend line, but eventually it will be a forceful breakout.
This is a very bullish setup where Sushi consolidates from being overbought while continuously setting higher lows. Be patient and the tastiest Sushi will come to you.
While most investors I have spoken to this year seem to count on a weakening EURGBP pair, I see the rectangle as a continuation pattern. Needless to mention that rectangles can last for extended periods of time, but breakouts can be forceful. A confirmed monthly close below the rectangle support invalidates this, but I am seeing us getting closer to an interesting...
Commodity markets are 20 to 25-year cycles. When commodities are at their lows relative to the S&P500, it is usually an opportunity of a lifetime. VALE is a great example of a base metals producer that will do incredibly well in the coming years. It also pays 8% dividend. Combine an increasing share price with a high dividend and you've got a stock you can't...
Komodo has bumped into resistance of the old all-time highs and this means a perfect bowl-shape has appeared. Once we break out of the resistance, we could pretty rapidly advance to 3.22.