UnknownUnicorn12005085
seems that its heading for the outbreak towards the other side. The great anticipated head and shoulders by everyone, is not coming.
sitting this one out for its bottom range
A morning star is a visual pattern consisting of three candlesticks that is interpreted as a bullish sign by technical analysts. A morning star forms following a downward trend and it indicates the start of an upward climb. It is a sign of a reversal in the previous price trend. Traders watch for the formation of a morning star and then seek confirmation that a...
i like waking up in the morning with a good cup of coffee. But is this the time to long another one or are we still in a bulltrap. Either way my hedge is working out fine so I'm sitting this out a bit and let it roll
it's just something to keep in the back of my mind right now
There's at least one uptrend waiting for us. But whether that will just be a correction, or go beyond ATH, is unclear.
the hourly chart on DMI shows there's a large move upwards nearing.
Frax is discovering its new support and resistance range whilst the rest of the market dips. As one of the most stable algo stablecoins. We see not much down pressure and a situation is happening where another leg upwards with the price is very much possible.
After its mad pump it is time to consolidate. If you consider getting in loopring, this is a great time to invest. Layer 2 scaling enabled decentralized high frequency trading in a way no layer 1 DEFI project can even dream of. With zkRollup being a brainfart of vitalik buterin, loopring will be standing in front of the layer 2 revolution. Next OMG and Raiden.
their new liquidity mining program launched yesterday with up to 900% APY. Some say this second program has less incentive for holding and will cause a lot of pressure on the 1inch price once the liquidity mining program is over (1inch-exchange.medium.com). But it is hard to estimate what impact it will have, their DAO is starting to get in shape and there might...
There is no sustained pressure downwards. A perfect trap has been set up for weak hands and explosive move upwards is nearing.
with the announcement of their new roadmap the current trend is no where near stopping. Even though its bottom at $1 is still fresh in our memories, this trend is gaining traction so fast it is not even close to a correction
you can see clearly on the DMI current trend is about to end and the next one is starting. It rarely drops below 25, so the next 8h candle could be a doji to close it off or might be a fat one signalling the next trend has started
the market is still trending strong but at this price range there is consolidation happening before we can break the next resistance level