PhoenixBlue

PhoenixBlue

Following on from the last idea, we can see the follow through and breakout on CRV The first target is the prior highs near 1.3, then alt season likely kicks off in full steam with the Trump inauguration in 3 weeks. Could the inauguration be a sell the news event? Maybe - We'll have to assess the price action closer to the time. The reality is that R/R is...

PhoenixBlue

Hatom releasing their algorithmic stable coin for the MultiversX ecosystem that will unlock plenty of liquidity, through collateral such as TAO and EGLD (with more chains getting onboarded over time) A great entry at this level (this is HTM/EGLD Chart)

PhoenixBlue

If X Money is in any way related to XMoney, then this is going straight to $1+ xMoneyGreg has recently taken over, and X (twitter) has decided to rebrand its payments from x Payments to X Money. All this when xMoney is looking to raise a round and they have EU compliance through for both FIAT and Crypto. For Crypto, they have a Virtual Asset Service Provider...

PhoenixBlue

Coiled spring, hit resistance, pulled back and developed a strong positive divergence on the 4H chart. Following runs on AKT and FTM, this looks primed for a run.

PhoenixBlue Updated 

Positive Divergence on KUCOIN:AKTUSDT on the 4H chart - likely to resolve in upwards momentum

PhoenixBlue

BINANCE:BTCUSD Has made an impulsive move above the downward trendline. It is also showing a Bullish Divergence, with the RSI and MACD making Higher Lows, whilst the price made lower lows. Still significant overhead resistance to overcome with the Moving Averages overhead - Could chop sideways and backtest the trendline breakout before moving higher Overall...

PhoenixBlue

The selling on BINANCE:FTMUSDT is overdone on the 8H Chart Last time the RSI was this low, was on the AUG 5th 24 crash lows! The market is turning higher for ALTS, I can see FTM catching up and not going much lower from here, considering we're in the high volume node accumulation zone. Coiled spring, ready for a bounce out of the accumulation zone.

PhoenixBlue

Bearish in the symmetrical triangle - Every time the 20 MA crosses down through the 50 MA, there's a sidewise and downwards consolidation for a few months. Will this time be different? Potentially The chart needs to break above the top resistance to consider a position Much better setups from a R/R perspective out there.

PhoenixBlue

Momentum indicators favour breakout. Price doing a double bottom on the 4h chart, with RSI and MACD trending higher (a bullish divergence)

PhoenixBlue

GATEIO:ALPHUSDT Price has been declining making a lower low, but RSI and MACD trending higher despite the lower price action. Selling pressure dissipating likely to resolve with a price higher

PhoenixBlue

Bullish divergences tend to resolve in higher price. Selling momentum dissipating.

PhoenixBlue

MACD and RSI Bullish crossover imminent as the price action back tests the breakout of descending trendline.

PhoenixBlue

BINANCE:ENJUSDT Stalled on descending resistance line on log chart - Ready for the next leg higher with the Momentum indicators fully reset.

PhoenixBlue

BINANCE:CRVUSDT Stalled at horizontal resistance. Indicators cooled off, and now ready for the next leg higher.

PhoenixBlue

Bullish MACD Crossover Imminent on the daily, with RSI already pushing through the MA. Ready for the next leg up to ATH

PhoenixBlue

A few reason for continuation for the next move up. Bull Flag on CRYPTOCAP:OTHERS Momentum indicators, MACD and RSI have reset and ready for another leg higher CRYPTOCAP:BTC.D Backtested highs and ready for drop Fear and Greed Index reset, from extreme Greed to Neutral This is looking great for Tier 1 Alts, Alt L1 and L2 Ecosystems Most...

PhoenixBlue

$MILE - Highest volume trading day on the way up signalling a reversal in play, could even come as soon as this week. Plenty of overhead resistance, but with a double bottom forming and a high volume on the way up signalling accumulation, this is setting up for a gap fill at least. A breakout above 7 would send this soaring. Target 1 the gap fill area of ~6.75

PhoenixBlue

Crazy accumulation at these levels for Vaxart Support becomes resistance - Give us 42 upon break of the weekly triangle.