MATIC has shown strength during this bear market, and has been forming a Bullish Flag forming on a weekly time frame, and now it is about to confirm the Elliot Double Combo Wave, stay sharp and wait for the breakout at $2 before reacting, target is $86 region. This is one of the most Dovish chart I have seen recently. 🍻
I just noticed that USDD depeg, this doesn't sound good for TRON holders, hence there's every tendency of seeing TRX drop drastically just as FTT. So be on a look out for the breakout before reacting . First stop will be 0.0233 and the second could be 0.013 or below as LUNA did 🤔
There seem to be a strong support structure at 400 - 500 region, afterwards a strong bounce that could start off the next bull run
This breakout confirms that we are going to see $4 region soon, as seen in the chart, SOL forms a bearish continuation, this might lead it straight to $4 region as depicted is the chart.
The support structure has been broken, also daily RSI has broken to the down side, which is now good for Bitcoin right now, 14k will be a strong support, but if it fails to hold, we might likely see 10k region, the entire market will go down with BTC, see illustration in the chart, trade safe guys! 🍻
From a TA point of view, GMT is still looking bearish, A has been hit, B has been hit as well, we might see 0.3 region soon.
The negative news around FTT sends the entire market red, and from the looks of thing, this is just the beginning. Indeed crypto is high risk.
SOL is set to test $77.7 region before a possible drop to 21 region, this will take weeks to play out since I am analysing it on a longer timeframe, but I think this is the plan for this coin.
Following the recent news of CZ announcing via his twitter handle how Binance received roughly $2.1 Billion of BUSD and FTT, hence will gradually sell off all their holdings on FTT due to recent revelations. Well, this doesn't say good about holding FTT. While the rest market goes up, we might see more of a decline movement for this token, so stay sharp and wait...
Monthly RSI speaks voluminous as to the bottom of the bear market, when ever it crosses the trend line, it says the Bull Run is a about to kick-start. when my daily RSI failed on my SHOT trade three consecutive time, it was the sign I needed to stop shotting and rather focus on my long positions. It it okay to think contrary, but for me, I'm now full time bullish....
APE is breaking out from the the Falling Wedge structure, and the target should be $10 region after which a massive pullback, so we are taking note of that area even as we take the trade. 🍻
I think this is a great tool to help nevigate ones Dovish and Hawkish periods in the crypto sphere, hence shouldn't be ignored. Well I don't think we will be hitting 1T very soon, but much later in the future we will sure surpass that level. Considering inflation rampaging the world, investors are scared of investing and also confused as to what time would be...
Well it is all spelt out on the chart, first stop for OCEAN is 0.41 region, then a sharp drop to 0.2, then it will shoot to 0.6633 region, enjoy the ride y'll 🍻
GRT has been descending for a while now, expecting a break to the up side from this Falling Wedge , I believe it will drop from that resistancezone around $3, it will be wise to TP there, cheers 🍻
Bitcoin is looking BULLISH on the weekly time frame, if Bitcoin breaks above 22k ,then 29k region is very likely, I will close all my altcoin positions at that region and wait for the drop, if we do get a good bounce at 24500, then we will hit 32k and afterwards higher, but if no good bounce around 24500, then the likely scenario to play out is as depicted in the...
$365 is a strong resistance for BNB to fight, I don't see it overcoming that for now, a strong retracement may likely step in now to tate it to around $230 before a final move to the upside, except proving otherwise.
ONE just broke out, hence I am buying a good amount now and the TP is 0.04 , I can't the ignore the support and Falling Wedge structure it has formed.
DOT is forming a Falling Wedge, i am keeping an eye on it patiently waiting for the breakout, take profit zones $14 to $16 regions.