The same idea than previously shared Use the horizontal support & the EMA 200 to catch up on the uptrend. If it comes to be stop-lossed, keep an alert to enter back if the 2 conditions are met.
If you want to catch the EVX uptrend with an easy setup, just buy it when it closes above the support trendline & the EMA200 Do not forget to take profit all along the way up. Trailing stops are highly recommended.
If you are afraid by the risk and the volatility, ETH is the best play for you nowadays. Clear horizontal support coupled with the EMA200 are doing a great job on this setup.
This chart shows a very long accumulation after the move up in 2020. We can see a good volume during August while the price is ranging in the lows of the Descending Triangle. I would expect it to pop higher Before October
DNT just broke out from a 1 year range. Expected targets on the chart
Clear break of the falling wedge with volume here. Targeting Last High & Projection of the broken fractal of the previous move
Despite most majors rallying with BTC, EOS does not seem to show any strength here. We can spot a bear channel where EOS is going sideways and that can be a great way to swing EOS until it breaks out.
POA looks here read for a take-off. The setup is not incredible but the R:R is huge on this one and can grow exponential results
In the same schematic, DATA is a coin that has been pumping earlier this year and yet still recovering. The mid term trend is bearish, however the price is forming a Falling Wedge. This pattern is famous to be a bullish reversal pattern. Our goal as swing trader will be to trade the waves inside the falling wedge. We will also monitor the breakout of the...
Strong bullish divergences Be safe & enter after confirmation. Here is the major resistance
Just a few words about BTC situation. I understand that this pullback can scare some of you, but do not forget to watch the whole picture. A pullback is healthy & had to happen. It can still be worst. Always have a setup & a strategy whatever BTC does. My plan is here is to buy back some of the BTC i have sold after the bearish divergence, in the green box. This...
To be honest, I kinda love this setup even is the coin itself is not know and has low volume Reclaimed lower support, broke resistance trendline and closed above EMA200 Targets on the chart
ZIL currently has one of the setups we are searching for the most. In the long term uptrend, it is important to search for multiple confirmations of buy-back levels. ZIL has several of them. The first thing we can notice is the same falling wedge pattern. The second is the two horizontal lines that have been drawn from the daily chart, displaying old and strong...
Backed by strong fundamentals, KAVA is one of the most promising coin of the year. With an established uptrend, we recently experienced an over extended increase in the price, resulting in a retrace. We can notice the old resistance trendline (blue) has been turning into a support for the uptrend. The EMA200 is supporting the uptrend as well. Our strategy will...
After blowing up in January 2020, DASH has been underperforming against BTC. It is often hard for an altcoin to consolidate after a 200% increase. During the past year, DASH retraced almost all its pump and reached a zone of support. This zone is quite apparent. Last time the price broke this zone, it went straight up. On the other hand, we can draw a resistance...
This setup is a masterpiece in terms of Technical Analysis. Two resistance trendlines have been broken lately. The last attempts to push the price down have been rejected by the EMA 200. Indeed, this coin looks promising for the future. The strategy here is to wait for a pullback and eventually ride the uptrend until the EMA 200 breaks down.