I am expecting a 30% rise from here to the top of the channel at around 1,300 sats Then we should get a breakout of the channel to reach 1800, then 4,400 sats.
On the daily #BEPROUSDT chart: Bepro is close to the support line of the descending triangle and should breakout to the upside within the next few days. A measured move up to around $0.00177982 is possible and then it's onto the next stage.
This is the traffic light chart for $BEPRO This project is really interesting in that it has great fundamentals as well as a great TA chart. You can see from the above that we are in a descending triangle. Normally this would indicate a continuation to the downside, however I have found that projects with great fundamentals and in this pattern tend to break out...
Ankr has printed a great cup and handle formation on the daily and looks to be close to the bottom of the handle. Expecting a 50 - 100% rise from here over the next few months.
$SXP in a channel just now. Possible scenario by August the 4th. This is done by extrapolating the move from July 17th to July 21st and transposing it from today to August 4th. Completely invalidated if it breaks below support. SXP is inversely tracking BTC price at the moment so watch out for the BTC price pumps and the SXP price falling.
The chart says it all. These breakouts of the descending triangle are happening all over just now and are great indicators for big moves upwards,
We can see from the above that $PERL is doing great just now but it still has a long way to go and this could really fly over the next few weeks.
Looking primed and ready to rise for a measured move of 112%. A breakout of the descending triangle could give this a great price swing to the upside. This will take time for the setup, but looking good. Crossing over on the 4 hour chart of the 7/50 EMA. Macd crossover coming up. Low RSI, volume picking up. Risk/Reward - 2.11 to the 1199 sat level and...
Arpa has dropped ever since its debut on Binance from 292 to its current level of 152. Here's a few bullish indicators which could see it jump over the next few weeks: Looks like things could turn around from here. A strong support at 141 satoshi, MACD crossover on the 4 hour, Low RSI, Good volume, Good risk/reward ratio of 3.78 to 186 Satoshis, ...
Great news from Afghan government, all-time low 120 Sats, crossover on the daily, volume up, high sentiment score, mainnet release in December, Fantom pay launch in December, Fantom loyalty launch in December, could be good for 50% + increase in the short term (Up to 4 weeks) and medium term (1 -6 months) Targets of: 1: 210 Sats for 19% 2: 267 Sats for 50% 3:...
Today I want to look at a surprising bitcoin price structure that could show we're about to go up to $9,500 in the next few weeks and that the bottom price is around $6,500 and why you shouldn't worry about the BTC price. You can see we've been in this descending channel for 5 months now and the structure has held well. If this structure were to hold we could...
We can see the symmetrical triangle here with a strong support line. We also see a strong support line at the 3,250 level so we would place our stop loss just below this at around the 3,195 level for a 3% Stop loss. Risk/reward ratio is great on this with a possible quick upside potential of 15% and longer-term upside potential of 57%.
Numbers are looking good for Wabi just now and fundamentals also looking good with news expected of partnerships soon. Read Q3 Report for more info. A bounce from new support at 1920 up to next weak resistance at 2126 sats. A breakthrough of this level and there are no resistance areas until 3,200 sats. A possible 66% increase over the next few weeks.
QKC has been trading slightly higher every day to form an ascending triangle on the 4-hour chart. Possible breakout of 25% initially if it breaks out above 155 could be expected. A break of 50% to previous resistance levels could also be on the cards.
TNB is now trying to breakout of a symmetrical triangle and we could see a big move up. The last time it broke out back in April we had a 100% move. Looking at the extension we could see a move up too 100 Satoshi.
The 7 EMA crossed over the 50 EMA on the 6th May 2019 at $5,661 and went on a near $2,000 run to $8,400. The 7 EMA crossed DOWN over the 50 EMA on the 16th May at $7,992 to indicate a strong move downwards and it did all the way down to $6,200. The 7 EMA is now looking to cross back over the 50 EMA hopefully today, if it crosses over then we should see another...
An interesting chart on the weekly BTC. If you look at the weekly chart for BTCUSD you will see there has only ever been 2 crossovers of the 7 EMA and the 50EMA. First crossover was in January 2012 when BTC was $4.68 - It went on to a high of $1177 in November 2018 before coming back down. Thats 251x move on BTC = 20,510% Second crossover was in October 2015...
If you're prepared to buy and hold for a few weeks I think we can see a large breakout coming for BTT. I have called this already in the premium group but here is what I am seeing just now. We are in this descending triangle at the moment but with strong support at 18 satoshi. Normally descending triangles are bearish, for me they represent an amazing buying...