Another alt looking great on the monthly chart. Notice that: - We have a clear parallel channel where we can see strong support and resistance lines. - 1.2 usd looks like a strong support area, as it was previous resistance. - If Kava repeats its previous run pattern, we´ll see a X10 move soon. Remember that Kava labs has strong partnerships in the industry and...
I am closely following XRP monthly chart as it is inside this parallel channel and might be repeating 2017 bull run patter. I copied the candlestick pattern from 2017 to see where it might peak. Also, take into account that the buy signal poped up on the supertrend indicator and we have a strong support on the monthly EMA Ribbons. Let´s wait patiently and see...
AKRO USD pair is showing a great long term investment opportunity. Monthly chart is drawing a beautiful and huge cup and handle pattern, with a target to level 2 of fib retracement and 750% gains. If you wanna multiply your investment X7, check this pair. 2021 looks great for AKRO.
If KNC closes the day above 0.875 usdt a new upwards movement if coming. Wait for today closure for confirmation. As I see it, KNC should reach BNB value some day. For me it is the BNB of defi and now it is really undervalued. Good time to buy and hodl.
Some signals are pointing to KAVA as one of the alts with more possibilities to x10 in the upcoming months: - retracement from last pump reached 78.6% fib level, which means the retracement is coming to an end. - it looks resistance and support lines are well defined from bottom to peak, so there is a good chance to trade in that channel. - there is a huge...
This is the BTC/USD chart from Bittrex. On march 9th 2020, there was a quick move downwards, which did 4 key things: 1) touched the target of 7300 usd (which is the bottom of the right shoulder in a potential inverse H&S pattern); 2) filled the CME gap (at around 7680 usd); 3) Bottomed and bounced on the 100wma; and 4) Botommed and bounced on the lower support...
This chart shows a prediction of BTC/USD price by coping the candlestick partern drawn starting a little before the 2016 halving. We would need to go down a little bit more so that an inverse heand and shoulders could be completed in March and start a mini bull run in April before the price drops again with the halving of May 2020. Let's watch the support and...