Alchemix has been in an uptrend for most of 2024. As I said in a previous post, the 50-day moving average crossed above the 200-day moving average back in late November, confirming a golden cross. The subsequent upward movement we have seen in the last few months can be related to accumulation in my opinion as I do not believe we are even in a bull market, YET. I...
Internet Computer has been turning lines of resistance into support. It's climbing the latter nicely. If you look at the moving average ribbon the 20-day just bounced off the 50-day and the ribbon looks nice and expanded and ready for a run upward. $37, $58, $87 look like major resistance targets (approx.).
To be honest, I found this coin simply by going down a list on Coinbase to see if I could find any undervalued or low market cap coins. When I looked at the chart for this coin, I saw it was virtually bottomed out relative to the all time high. There are conflicting accounts of what that is however. The highest recorded price for this coin appears to be $11,000....
Shiba Inu has been in consolidation after a massive breakout last month. The daily timeframe shows the RSI reset around 50 and the Stoch RSI looks bottomed out and reversing towards an upswing. With the Bitcoin halving only weeks away, a breakout of this pennant should be considered a massive bullish move. However, we are all bullish on Shiba. We should know...
Took a few years to breakthrough the $20,000 resistance. Now let's see if $20,000 can become support.
Head and shoulders forming. Could fall to previous support of 30k. Watch out for how this perceived right shoulder forms.
The ascending red channel is hypothetical. APENFT has been coiling inside of the orange triangle since it's inception, bringing along several nice pumps, and subsequent dumps. However, the productivity of this project has been steady and seems to have nice upside potential. You can "mine" this coin on SunSwap by providing liquidity. It's massive supply looks to...
As you can see from the simple chart, the Alt-coin market just recently dipped below the 200ma and then recovered above it. It is a similar move to what happened last July 2021. After bouncing off the lower trend-line, we hope to see the price close above the 200. The last time this happened the Alt-coin market pumped 132% initially. More gains were recorded after...
This is what SHOULD happen.
Take a look at the 50 and 200 MA. During the consolidation, the 50 failed to cross above the 200. However, the 200 was in an upward movement. This time around, the 200 has taken a turn for the downside while the 50 looks to pop upward. In the triangle, the consolidation period looks to end right at Christmas time. If we have a 50/200 crossover, and a breakout of...
This coin hasn't been out long enough to truly discover it's own price. Matter of fact, no one really knows how valuable it really is. While the masses head toward coins named after dogs, others are waiting for their opportunity to hit some exponential growth. So far, it's nothing but bullish patterns. Might want to sneak some in the bag. It does have a bajillion...
This TA is in relation to my original BTC chart posted Apr 23. Elliot wave count this year was beautiful with and extended 5th wave. The correction has been text book ABC, bouncing off fib levels with ease. More importantly, this is the second time that BTC has found support on the .618 which is a bullish signal. The weekly RSI has moved into neutral...
Can we see fireworks with APENFT on 4th of July? Lately, this NFT Coin has been involved with high-profile NFT artworks like Andy Worhol, Salvador Dali, Picasso, Beeple and many more. In collaboration with Justin Sun and TRON, along with Binance, this project could really take off. They are also talking about voting on a burn feature to burn the fees associated...
3rd wave target about .00000475-.00000480
Grab some cheap. Huge supply. Could use a burn feature. Fresh breakout.
Trend line still in play. Looks like we just needed to adjust our triangle size. There's a lot of decent news coming out lately aside from all the FUD. Microstrategy gets it. Anyways, we do know that any day now the 50 will meet the 200. Best case scenario: This Flag/triangle plays out well, we get a nice impulse to the upside... this will most likely stop the...