Icon is a fundamentally sound project, but hasn't received the love it deserves lately. They just released IconFi, and a bunch of other upcoming catalysts could be good for this project moving forward. Catalysts including .. Rosetta Integration = Pre-Requisite for Coinbase Listing , Revision 12, CPS, and ICON 2.0 Alphanet It is alt season after all.. The...
Cup and handle forming, just like ETH a few weeks back. We will likely see some selling / sideways before we rocket up to first level of resistance. Short term bear, longer term very bullish market structure. Supports iH&S Thesis on ICXBTC pair. This is a fundamentally strong project. A lot of potential here.
Monday / Tuesday More People's Deposits Will Hit Their Accounts And They Can Buy $DOGE if the hype is still there (good chance it will be). If by mid-week there's no momentum, I would trim existing positions. Daily TimeFrame = Overbought, which is concerning. 1H TimeFrame = a lot of stars lining up for bullish run, but some stars lacking. Trading Vol needs to...
A lesson in over-reactions to positive news in the market, and BYND is no stranger to that. I would exit this if you're long as the risk-reward on this shorter term isn't worth it. Often times these announcements will pump the stock so high up that it creates a gap in the charts. The gaps often need to fill to create healthy price structure. It's not ALWAYS the...
Above MA's, respecting trend, still a bullish chart. Twist has essentially invented a new way to “print” DNA onto a microchip so it can be tweaked, analyzed, and researched. This groundbreaking technology makes it possible to reconfigure DNA into something entirely new. DNA is, of course, the code of life. It’s what makes us who we are. By rearranging DNA,...
Noticing accumulation patterns, that result in bull flags. Once price breaks above 20 day SMA, likely we will see another price spike. Oblong Inc is transforming from a hardware company to a software company. In June, Oblong’s CEO discussed the highly anticipated shift in business model. "We are in the process of moving the technology stack from Oblong’s...
I think RIOT needs to correct a little before it can continue rising within the formed trend channel on the daily charts. RSI still looks overbought. This stock obviously reacts to BTC Price movements, but it's sometimes delayed. Short term dip, with an entry price target of about $21.40, then long from there, given bitcoin continues it's bull run. If there's...
Price action suggests continuation of consolidation. Break out to upside will likely occur on positive vaccine news, or profitability numbers, or resumption of blood collection sites..or when this bullish pennant reaches the peak and sellers get exhausted. We are above MAs as well
Lower time frames forming ascending triangle, much like ETH. Above all EMA/SMAs on this time frame. RSI in a good spot. I see a retest of ATH again soon.
As part of a larger structure being formed (multi week/year cup and handle), ETH is now also forming an ascending triangle (bullish continuation pattern) on the 4h / 6h chart. This may present a small breakout, whilst the handle formation is yet to complete (I expect some more consolidation before a larger move up). ETH could trade below 1000$ again before...
Hope you enjoy my analysis. I believe we are seeing a multi-week cup & handle forming on the weekly chart. There's a chance for more downside (forming on the handle, to complete the continuation pattern), before moving upwards towards 1400 (previous All time High and resistance area). Next area of interest would be ~1700$ "As a stock forming this pattern tests...
USD / ETH pair forming potential cup and handle Looks like ETHUSD channel could break to the upside in coming weeks
Prime to break out of bullish pennant forming ACM Research is a cutting-edge semiconductor company. It makes a new wafer cleaning technology that effectively removes small defects on semiconductors. Its technology is becoming a must-have in today’s digital world. You see, semiconductors no longer just go into computers. They’re now in everything. According to IHS...
Looks like price is respecting trendline / uptrend. Price is within range. Needs to break above resistance and stay above for bullish confirmation. Next target I would imagine a sell off unless FDA approval or some super bullish news is released and it gaps up (possible with these lower cap stocks). Overall lots of bullish news, Novartis partnership + FDA Fast...
BTC forming large multi year wedge. Also forming multi week wedge. Current economic situation is dire. More bailouts to potentially come. This only creates more fear and uncertainty, and may lead to more "smart" money to get into the market. If the market cap reaches 1T some day, investment funds and retail investors will take it more seriously. This may...
Looks like BTC priming for a breakout really soon. Bullish Pennant Forming and nearing peak.
Technically, forming a bullish pennant. Fundamentally, CSL will be the provider of the vaccine, even with the recent losses in blood donors, this carries bullish sentiment. I'm predicting a large breakout some time in Late January, or Feb. Also, as you can see, it's consolidating on the RSI. IMO the stock consolidates until then, then we should see it go higher
Price being controlled by traders. Price respecting uptrend/trendline. Forming an ascending triangle. Breakout will likely occur to the upside at peak of triangle. Likely will coincide with positive AstraZeneca Vaccine news or CSL distribution news.