Looks like a potential break above the resistance could be on the cards. Volume seems to have dropped off but may rush back in if both BTC and ETH make positive moves. Targets provided, along with tight stop loss.
Long time no see, haven't published in a while. I hope everyone had a wonderful xmas and new year. Onto my analysis. It looks like we've got a couple of reversal patterns showing, a diamond bottom reversal and an inverted head & shoulders. Market sentiment is highly cautious. See chart for targets (t1, t2) and stop loss (sl).
ETHLend has all but bottomed out, we've got a potential double bottom in play. Watch for breakout above the trendline. Good luck.
Our continuation pattern, the symmetrical triangle has worked it's magic as seen by the breakout of the pattern downwards. Volume has been on a downward trend and I expect it to flatten out as buyers accumulate for the next bullrun. Support for BTC now lies at 6k in my opinion. Thanks for stopping by! The Gay Trader.
Just playing around with LBRY's fractal patterns... looking good, if we continue to play out the same pattern we could see a decent 800% Time will tell.
Let me know what you think. this is a very simple analysis just taking trend lines into account nothing more.
I'm super interested to see if the following scenario will play out, the more I look at it the more it feels "highly likely".
iExec formation is looking pretty nice here Fundamental Analysis: Intel collaboration on privacy-preserving offchain computing. Ubisoft collaboration. Less than 5 days until the launch of iExec V2. Technical Analysis: Cup and Handle formation almost complete. Await breakout of handle formation. Target - 4000sats STOP LOSS: 2007Sats
My last attempt to long Gulden $NLG was cut short by the $BTC downturn. While bitcoin is unsure of it's current direction and the bulls and bears play at a game of tug of war we're nearing the bottom of Gulden and will likely consolidate for a period of time before a decent breakout. Keep watch
Ethlend and Change have just entered into a partnership, this is great news for crypto and great news for both Change and Ethlend increasing there exposure to the markets.
Here's some estimation on where I think SALT might head in the near future. The're just about to launch: Blockchain-Backed Lending Platform BTC Collateralized Loans Loan Fund
SALT is a fantastic investment opportunity. Here's a quick look at my current chart :)
Just a quick update, looks like BTC is about to drop down to the 200D EMA 10K support/resistance on the 8hr chart. Let me know what you think, I'm new to TA. Go easy!
Looks like another deadcat bounce to me, what do you think? PS: Be nice, I'm only just entering the TA scene.