I was scouting though possible gems to shoot during this small retracement. I've stumbled upon $TWT giving us a giant cup&handle, where handle is also a falling wedge. Almost according to textbook the target is plain and simple. At the moment we are testing the breakout and our first target is 1.65 and then cup&handle target is 2$. Watch the $BTC movement,...
I am aware that analysing the market in its current conditions is tricky, but I just can't hold back. Most of the altcoins are showing weakness with previous movements of $BTC and financial market in general. Multiple altcoins and $BTC are drawing symmetrical triangles on a 1D timeframe and are in the middle of it which is why I think market can go any...
I think that $SAND is potentially a good investment in case $BTC remains bullish scenario before huge correction. - 1D RSI shows hidden bullish divergence - We retraced about 40% from ATH price and I suppose at least one bounce back to those levels is possible, but I don't think that we'll make new ATH - The price strongly stays in the middle of the pitchfork...
There are multiple factors why I think, that $DOT will reach 50$ in a few weeks. - $BTC is probably having a growth due to big dump in a recent days to about 50k$ and if we do not fixate on that level and only in this case I expect a big correction. All alts will follow the uptrend during that time - 1D RSI is following it's own trend from which we bounced...
My colleague and crypto mentor suggested me to have a closer look at $CTSI. Even though a colossal market dump happened, the $CTSI price remained in its upward trend. I predict that it will stay inside this channel and go to the upper side of it in the mid-term. Based on the Fibonacci retracement tool, our following targets in midterm should be 0.94 - 1.1 -...
I am still bullish about $DASH, even though BTC correction (or to be precise whales shaking weak hands off the bus) we are still continuing our uptrend. Let's start with the first analysis. We shot through the ascending triangle and gained 35%. Then dropped below the 306$ support zone. Know we are dancing around that zone forming another ascending triangle....
I am not a big fan of $DOGE from the fundamental analysis perspective, but we can't deny, that it has had a nice rally lately and as I see it, we are not nearly at its end. Overall mid-term indicators are bullish, except Stoch RSI, which is why I think we will bounce back to the lower line of the ascending triangle to 0.363$ level. We are closing the ascending...
In my personal opinion, $CAKE could go up to 37$ in mid-term. As we can see, even though the market dropped we touched the bottom line of the parallel channel and now we are riding the reversal patterns. Pitchfork is showing us going straight up through fibonacci levels. We should withstand the support line and aim for the middle line of the parallel trend...
I have been holding $DASH for some time already, but now I am certain that it will make my day very soon. As you can see we are on top of the ascending triangle and of pitchfork trend channel. We penetrate it up (which is highly possible) and we go flying. We exited Stoch RSI oversold levels, so I am counting on that upcoming volume to give us a boost to confirm...
TORN - The downtrend ended on March 31st. Now we have been holding an uptrend for 10 days already. If we fall below 120 zone, the trend could change down again. If we close the ascending triangle successfully, then we can pump 10-20%. But as it is a fresh token, chart highly depends on the volumes, implementations and popularity of the project. Stoch RSI is...