HYDRA is still obeying the upward channel whilst consolidating down to the lower trend line. It is currently at the same RSI level it was when it last touched the lower trend line of this channel. For HYDRA to continue moving up in the channel, i'd expect to see a big reversal once it touches the 0.5 fib level with a daily close. A good buy looks like anywhere...
UMXWETH has made a trend reversal since my last analysis. Breaking the lower trend line of the upward channel (yellow) and testing the 0.618 FIB level of the ATL to the new ATH. The RSI has broken through a crucial resistance/support on the 1 Day chart at ~51. This support level has now been turned to resistance, signalling a bearish cycle. I see a possibility of...
KUCOIN:HYDRAUSDT Hydra has been trading in an upward channel for 2 months. It is currently undergoing a much-needed correction above the 1.414 Fib level. Wait for a retest of this level before buying in anticipation of an upcoming impulse. The next major resistances are a retest at the 1.618 level and push to 2.0. Trading volume has seen a large increase in the...
Unimex is a uniswap defi protocol, allowing users to margin trade native uniswap tokens. $30mil market cap at the time of analysis, lots of room to grow & great project.