SpektreSignal

SpektreSignal

This is the sell off that, technically, I have been waiting for. The twist in the kumo from a downtrend to an uptrend is a called a "kumo twist" and price will almost always touch the twist. Since the price action has ran up from the XRP case, we could say the technicals were in contrast to the price action. Meaning, the price was doing well, but the kumo...

SpektreSignal

XTZ, as with the rest of the market, is running due to the court catalysts that i've been posting about all month. 🫡 Recently, after the sell off, the price action has been forming a channel uptrend. I will publish this on the 4 hour and one day so that the price action is easier to track. In the near term, price is likely to see some profit taking over the...

SpektreSignal

Palantir is forming a cup and handle on the weekly charts. The volume reduction indicates pattern correlation meaning price action, based on that volume reduction, will probabilistic follow the chart formation and we should see some consolidation and ranging before moving higher. That being said, earnings is coming up on 08/07/23 and this could act as a...

SpektreSignal

In April 2022, XRP began it's large and unfortunately rapid price decline. All said and done, price fell ~66%. Since then, the price has been in an accumulation range for roughly the past ~350 days forming a strong base. On Monday, March 23rd, the price action broke above the previous rallies high that was made in September 2022. However, that rally was...

SpektreSignal

NCT is similar to the STORJ play in technical structure. The price range has been tight and the last few candles are making higher lows, but a lack of volume or sell off in Bitcoin could invalidate this play.

SpektreSignal

Storj had a strong pop off during the run, gaining more than 59% in less than 24 hours. Selling pressure has finally bottomed out and a potential breakout is possible. However, the volume is a bit weak on this move so far and if Bitcoin sold off quickly, this set-up would likely invalidate.

SpektreSignal

Oh, BitCorn. 1. The run from 1k to 20k 2. The run from 5k to 69k (haha nice) 3. 🙋👋 No, I said sophisticated price analysis 🤌 #BTC  #Crypto #Marketinsights

SpektreSignal

Chikou span up crossing price, generally forecastimg a breakout. However, this move will likely take months to play out due the time frame being on the weekly. Price action has been making higher lows and higher highs since November 2022. TRIX illustrates how deeply oversold this was based on technical indication. Despite the move up in momentum signaled...

SpektreSignal

Currently the price is testing a strong point of resistance and facing selling pressure. The last resistance test, two weeks ago, failed and sold off down to the support line in the channel. Support proved to be strong enough to bring the price action to where it is now. So what happens next? This chart lacks near term visibility. From looking at the...

SpektreSignal

This will be fun to watch. This is not a trade, nor any signal or CTA. No analysis. Just to ⌚ 👀 Buuuut if I had to: I would say the next run goes to 168k - 230k Collective majority will start making predictions up to 320k-600k. One guy will start talking $1M per coin and instead of laser eyes, it's going to be forehead tattoos of the Burger King 👑 logo,...

SpektreSignal

Good support on the 200 MA. Possible bounce to break above resistance zone (yellow) here. 19% upside 4% downside 4.79 R/R Ratio

SpektreSignal

Vroom is forming the potential patterns for a reversal. Two weeks ago, we had a weekly hammer bottom, generally a reversal signal The next two weeks, we've seen higher lows and higher highs indicating continuation from here is possible.

SpektreSignal

Price action forming a possible falling wedge, but the volume is low, and without more volume, the pattern is not as likely to break above resistance. 9.3% Upside 2.95% Downside 3.16 R/R Ratio

SpektreSignal

The daily formation is turning into tweezer bottom signaling a potential reversal from this low. 14% upside 3.7% downside 3.79 R/R Ratio.

SpektreSignal

DM has been hammered down for 8 months straight after spastic new traders bid the price up ridiculous amounts in the Dec/Jan run up. Since then, the price has continually suffered as investors are unable to take the emotional pain of the drawdown on their positions and cut losses. Stochastic RSI is forming a double bottom. RSI is curling up. Volume could be...

SpektreSignal

Self explanatory trade Head and shoulders setup on the weekly.

SpektreSignal

Entry: 52.80 - 53.54 (1.6% entry spread) Upside potential: T1: ~58.30 - 58.60 T2: ~63.80 - 64.50 Downside potential: 4.4% - 5.5% Risk/Reward - T1: 2 T2: 4

SpektreSignal

Entry: 52.50 - 53 Upside potential: T1: 11% T2: 19% Downside potential: 6% - 7.5% Risk/Reward - T1: 1.7 T2: 2.8