Recently Coti made a new ATH and has been testing the range of its previous ath due to a bearish divergence formed, however all is in place for continuation. Looking at the chart we can see a bullish divergence has sowly formed leaving room for more growth. Coupled with the bullish pennant, a breakout will lead us to new All-time Highs. Enter with a stop below...
Please See original idea linked below Apologies, left out a couple details. This shows the ABCDE wave analysis which formed on the weekly and is the basis for a bullish pennant. And we all love a good bullish pennant, not so often you see it on weekly charts. All other explanations in the original idea linked below. Thank you DISCLAIMER: Not Financial Advice
FXS is shaping up for a correction to the downside. I would love to short it but not available on Binance futures , KuCoin or CoinTiger. If you have the opportunity it might be a good trade for you. If youre looking to buy and Hodl. these are Good entry points.
LRC at crossroads currently . Watch for a break of currentline for a short position. However could find horizontal support at 0.52. That said I expect a punt toward new local highs of 0.65+ before opting for a short. Hope this helps you out.
DOGE has spent at least 4 months in Accumulation and is now preparing for a breakout. Watch for a close above the Accumulation Range before going long. Dont forget to use a stop-loss. Happy Trading. Hope this helps with perspective.
In this chart There is a Head and Shoulders pattern that looks to be invalidated but could still find its way back down. With volume in Meme coins like Shiba Inu recently, it makes me think a correction is coming. However this is not to tell you to sell, it is just to tell you where you should possibly to your holdings/positions if the opportunity...
Already in the trade about 10 mins ago. Dont forget to use a stop-loss Happy Trading
Good day folks. Decided to do some charting late night and came stumbled upon XVS. One of my favourite coins which I actually had a target for $500 a while back but was just based on speculation, a dream if you will. So decided to actually analyze it and see if its possible. The answer to that is a big YES. Honestly wondering how I didnt see it before. Now i'm...
As you can see in the chart, One is in its 5th impulsive wave and the top should be right about where the trend/channel resistance is which also happens to coincide with the 2.0 fib resistance level , 3 if you account for the 5th wave being equal or nearly equal to the first in terms of %growth. Don't know about you but this will definitely be my priority buy in...
LONG TERM POSSIBLE SCENARIO FOR SOLANA Solana about to enter Price Discovery
This is what I see happening for SXP in the coming weeks/months, reaching a price target of up to $50. The fractal was taken from BNB daily chart when it first listed right up to its first breakout. It only makes sense because they both have the same use case and I really think it will play out.
As you can see in the chart, Litecoin is nearing the end of phase 4 of it's Elliot wave and will soon shoot up to phase 5, after which we will have a small correction(ABC) and then we shoot up straight from there as suggested by the fractal taken from it's Sep 2017 Breakout. I'll be Long at support($130-$139) The fibonacci extentions are just to show correlation...