Will you pick up? Channel - We're conforming well to a nice channel ending in a strong support that just caught a large fall. I think we'll see a breakout from this very soon. Trend Indicators - The RSI is approaching the lower band, very good sign of a breakout. The MACD isn't as useful here are it doesn't really have enough data. I'd laugh if you thought...
English Breakfast or Earl Grey? Let's keep this one simple. C&H - As you can tell, I like Cup and Handle formations. This one looks about 75% complete, and with the support from the start of IOST's spike to the bottom of the cup and beyond, it looks like this pattern is a safe bet. Volume - We're dealing with double the volume we had in IOST's accumulation...
I'd better put the kettle on. After a relatively successful Wedge, it's time to turn our attention to BNB's 4H Cup and Handle pattern. C&H - This beauty is fully formed at is spiking as I write this, and with more information about Binance Chain and a BNB burn likely coming soon, now could be a great opportunity to buy in. Targets - I've marked some...
We'll have a whole lot of green cheddar after this moon mission. Following the Binance Chain announcement , we'd better get ready for takeoff. Once this guy hits the support, we'll be flying. Wedge - We've got a tasty wedge that's almost fully formed - just a few more hours and we'll be golden as it reaches the apex. The channel inside is also guiding it to...
First rule of DGD club: don't talk about DGD club. We've got a nice Inverse Head and Shoulders forming here. This is a more reliable pattern than trying to make a handle to the cup out of the right side, and it'll still moon regardless. Channel - Bounced around in a channel for a while before breaking out, forming the right side of a cup (though as I said...