Throwing up some S/R lines for $AE. Looks good for a reentry here. might break down back into accumulation, but i don't think so. Let's find out.
We dumped briefly under the wedge before breaking back into and out. Lower tf shows a retest of the wedge now. Good buy spot around 6800. If the wedge holds, could see a nice pump. If not, I'm selling. Volume here is concerning to me.
Macro reversal here? Probably not. Bidding at support, selling at resistance.
That's my call. Let's see how this plays out. Big picture, 50% is a modest target if this gets a proper pump, but i like this setup. R/R looks great.
Monero is hitting psychological resistance here at .03. Last resistance is the fib line and current ATH around .035. After that, I would like to take profit at .045. I wouldn't necessarily enter a position now, but I am bidding around .025 to build my long term position.
Measured move out of the bull flag is a 2x from here. Expecting much more than that long term for DNT.
Not much resistance left. We can pull up fib extensions if we want, but watching the price discovery of this rocket will be fun!
Simple chart to show what i want to see out of AMP. Pushing against that horizontal resistance. Once we break it should move quickly to the first target. Who knows what comes next?
It's an ugly looking H&S, and you could probably find another pattern that fits better, but we are either getting a nice bounce right here, or breaking down to 18200. Selling the break, buying the dip, or holding here for moon.
Will Eth get the Coinbase pump while BTC figures out whether it wants to break up or not? Strong volume on the initial move up. Will we see continuation or a retrace? Let's find out.
After my last ZEC call got washed out, this is what I see setting up. We might see another leg down into the lower support zone. At this point, you can either wait for a retest in that region, or you can buy the thesis that the support we are sitting on right now holds. Neither short-term bullish trend held, but we've now fully retraced the last pump. Drew fibs...
If this were a lesser coin, i'd have cut it at the first support break. From here, that box marks critical support. Horizontal support that was previously tested, and it's the last fib before looking at a full retrace of the last jump. 50x long out of that box. YOLO
Bottomed, double tapped, if you aren't buying here, i can't help you