I have found a Rising Wedge in the Link/USDT pair with base targets 1️⃣6.89🎯 2️⃣6.67🎯 3️⃣6.40🎯 4️⃣6.03🎯
Many believe that bitcoin will fall to 37k and 32k, which I see as very possible, however I consider that we may have a small opportunity to go up, if the falling wedge that I show you in the graph is fulfilled. The objectives are: $ 46,600 $ 50,500 $ 53,600 $ 56,700
Cake has a build-up period of 65 days and a triangle has formed. Assuming bitcoin continues to rally up, the triangle is targeting $ 22, $ 26 and $ 30. Otherwise, if cake falls below $ 16.90, the price action will take Cake to support the bullish channel at $ 15. Take your forecasts, I am currently still doing cake staking
In my last analysis we were able to observe a triangle that was invalidated as a result of the market crash, however not everything is negative. This fall managed to show us a bullish channel in #CAKE which is very positive. Within this new bullish channel we have a new triangle that should break no later than the beginning of October and would have as its main...
Cake is in a correction of approximately -70%, it has been in an accumulation phase since the end of May. We can also see that it is below the 200 EMA and the volume has not increased significantly. So we need to break that 200 EMA at roughly $ 14 to see a bullish scenario. If we assume that Bitcoin resumes its bullish path I see no doubt that Cake's next target...
After seeing how the target of $ 25 was perfectly met as I mentioned in my old publication, we can see again the formation of a triangle, which should break up at the end of this month, obtaining as a target $ 31 that would represent the 61.80% fibo of the May correction. However, I believe that if the market remains bullish and we continue with the respective...
XLM in daily candles are showing us a cup and handle pattern, where their target is at approximately $ 0.56 which represents a 61.80% fibo of the corrective trend. If Bitcoin stays bullish, it can give the market the push it needs for XLM to hit $ 0.80 again.
"It is September. Very busy month ahead of #chiliz & #socios. Will prepare a livestream AMA with a LOT of things to discuss (NFTs, strategic exchanges partnerships, new teams, new sports, new features, marketing, chiliz chain, socios cup, etc ...). $CHZ #bemorethanafan" #CHZ CEO says Major NFTs and Strategic Partnership Announcements are coming in This September...
#SLP has had a strong boom since the Axies Infinity Game became famous. It currently has a correction of -68% and is in an accumulation phase since the middle of July. I see it risky to enter #SLP at the moment because a break in resistance has not yet been confirmed and there has not been a cross of SMAs shown on the chart. I think it would be correct to keep...
We can see that LPT maintains a strong accumulation since the end of May as well as a large part of the altscoins. Livepeer is crossing the MA 20 and MA 50 which is a bullish sign. If we add to this that Livepeer is about to break a strong resistance of the triangle. It is easy to see Livepeer in a target of $ 39 representing 78% fibo.
I am not an XRP investor as a result of the active lawsuit it has with the SEC, but I am not blind either. There is a clear pattern of accumulation in XRP since the end of May, after a correction of -74.4%. We must add to this that the daily candles are showing us a cup and handle pattern, where its target is at approximately $ 1.06 which represents 38.20% fibo...
We found a Head and Shoulders in $GBPJPY hopefully if it is fulfilled you can run a long
Before talking about any cryptoactive or altscoins, you have to know the state of the Bitcoin cycle, because the entire market depends on its behavior. Doing a brief technical analysis we can see that Bitcoin is currently trying to recover from a correction of -55.89% counting from its ATH: 64,895.22 USD to its ATL: 28,600.00 USD (using BITSTAMP as a reference...
Bitcoin has surpassed the 200 EMA (daily) which is a great step to continue the bull market. Rune is in the accumulation phase from higher within the observed angle, if it breaks the resistance its main objective will be $ 12.5
In the short term, assuming the increase in volume in Bitcoin after the conference "The B World" we can be in a recovery right now. Consolidating in a range of $ 35,000 would be a very positive scenario for Bitcoin since we would be closer than the EMA (200) in daily which is approximately at $ 39,000 which its break represents a continuation of the bull market.