DMAIL/USDT has had quite a run up in the past few days, up almost 100% in the last 4-5 days. Supporting ideas: 1. Very steep price action, needs to cool on higher timeframes. 2. Massively declining volume, almost looks inverse price action. 3. Shooting star on the 4H to indicate a reversal. Let's see how this goes, I think we will see price tap 0.618 or at least...
I believe AKRO is forming a !head & shoulders patterns. Few more days to form the right shoulder which will give the rsi to cool off too. This, once completed, will give AKRO the boost it needs to break out of the dotted downtrend. 1.618 target for top of cycle. Risky/max buy in pink box. Safe to wait for the pattern to complete then buy. DYOR.
We can expect to see wink go higher very soon. This is based on: -Wink has broken out and retested the trendline -Retesting trendline also matches the 0.382 fib retest -SMA's about to cross -Bounced off perfectly at the 50sma I believe Wink is ready to have a little run as s BTC cools and stabilises. Targets displayed. Thanks and let me know your thoughts!
Multiple things happening here. -COTI has broken out of and retested the falling wedge. -In doing so, it has also created a head n shoulders pattern. -RSI has also broken the down trend. -Ready break out and test the next few FIB levels. Expecting COTI to push up in the next few hours. 4 hour and daily timeframes look even better! Let me know your thoughts!
My idea of the next week or so. First chart, please provide constructive criticism :)