almost all alts got rekt when btc started retracing, altough wrx made a nice move to the upside (almost 200%) while btc countinued retracing. if thats the case i will still hodl, who knows how high wrx can go lol .
currently wabi is testing the last white trendline which was a resistance for a long time now. its tested and confirmed as a support . you can buy from suppport rejection trendlines and sell around the next resistance trendlines - which are not alot . - green trendline support red trendline resistance yellow and white trendlines are take profits . ------- i...
wrx is about to breakout from the triangle, black line is breakdown -SL Blue lines are Take profits the entry should be now - around 2.3760 take profits are at 8$ and 6 $
nem has experienced a double top and it cordinated with btc move to the downside, BUT it also looks like nem(xem) made a double bottom might try to push higher into the bullish channel . (you can look at mac D for confirmation for the tops and bottoms) coin has been downpriced because of somekind of a airdrop(pretty common airdrops drop the price of assets in...
elliot wave theory . i think avax might see 50$ again . and then go down again .
red stop loss green buy order blue - tp 1 and tp 2 . not finnancial advice it may retest lower trendlines again .
this is a very big triangle my friends, with double support bottom lines and double resistance at top- what will be the outcome of this idk. but its big - big profit maybe too soom in soom out.
I made this chart 2 weeks ago, i nailed it , looks like dominance is trapped there for a while ! in that descending channel ! looks huge ! it we dont breakout we will see alt season, and i mean real alt season , not 2k eth !!!!! zoom in zoom out :)))))
green- buy levels red-stop losses blue -take profits circles indicate inversed H & S also double bottom . good luck - not financial advice.
this TA is the most simplest in the planet , you see 2 trendlines 1st the green one which is the older - the first and second major resistance bitcoin encountered . but now it acts as dynamic support - in current days it should be around 10k the 2nd resistance red is still active - as you can see when we get to close contact we get rejected ( 2 time this bull...
expect a retest of lower trendline buy order green stop loss red tp- blue
Red line- major resistance blue line support (low target if short) W pattern shown Green line high target if long and maybe a higher move from there. I've noticed high demand for dot tokens and no supply, but its not just dot. In matter of fact almost everycrypto is on low supply high demand , yet prices of these alts are not moving,my guess is people placed...
maybe it can retest the support zone and buy from there. green- support rejection black-stop loss breakdown. no Take profit cause we going andromeda . not a finnancial advice just bananas . ktnxbye a bit of a old news but maybe still a factor .