Reaching $43.9 (on FTX data), ATOM has his major resistance on a 1D timeframe. Is it ready to break out? I’m keeping an eye out on MACD, RSI and LEVEL2. In the mean time, I anticipate ATOM will retrace towards a 0.382 level, within $34-$33.5 range.
Based on my Elliott Wave count (be I could do at least), AXS is entering wave A of the Corrective phase. My Fibonacci Extension is purely for visual aid, if my thesis is correct, once wave A is complete, it'll be easier to chart wave C, by simply plotting a 1:1 Fibonacci Extension (wave A equal to wave C). I'm planning to carefully start laddering a Short...
If REN breaks trend on MACD and RSI on 1H timeframe, then I'm looking at a strong LONG in the Golden Pocket region. Price is close to a Long term Support and Short term Resistance Apex. If my Golden Pocket entry thesis is correct, I aim for a take-profit range of $0.9-$0.915
FTM forming a Triangle and heading towards Golden Pocket region, looks like a potentially great Long in the near term. FTX:FTMPERP