All sorts of cool DeFi stuff just on the verge to rolling out for ADA such as SundaeSwap etc. now that Alonzo full smart contracts has rolled out. In reality ADA has the potential to much more than double.
Trade idea for a close target of $12 in the long run pirate chain can probably reach triple digits.
After each primary 5 count at the end of cycle wave I and cycle wave III, there has been a huge 80%+ crash in price, which is down to ~14.6% fib or a 85.4% decline. .146 is derived as 144/987 Based on the fib extension of cycle I, cycle III overshot slightly the 1109% fib extension (987/89). Hope I have this right, we appear to be in primary wave 4 correction...
If A=C 42800 is fib extension or end of wave (4) ~43860 is 38.2% of wave (3)
Breaking 8 day trading range on volume with rising 21 EMA and 50 DMA starting to test the downtrend line
This could break out of this head-and-shoulders base soon 21 EMA is just starting to form a golden cross over the 50 DMA
Green trend line was resistance now flipped support. Rising 21 EMA and 50 DMA. Breakout of base quite possible. 4hr candle closes in about 30 mins.
Cup with handle pattern had great breakout but Bitcoin selloff caused price to pull back. Found support back at base and 50 DMA.
This could def go soon. Look at $XMRBTC it has a very similar double bottom pattern already broke out.
This may have been frustrating traders for a bit but its breaking out now
The week's high is 277 satoshi which hasn't been broken yet. This bull flag breakout looks good.
This could go soon.
It's breaking out of this large double bottom with a small handle pattern
Could be end of wave 4 ABC correction, good rally that takes price over an old support level. (Caveat not good with Elliot Wave but it looks obvious)
DASH is moving on this Saturday higher risk due to weekend trading but looks like it could make a strong breakout of this cup-with-handle pattern
Looks ready to run
Litecoin looks primed to break out of this ascending triangle
Not sure how good these ratios are but the chart pattern popped out at me plus there is a giant daily wick and price is now trading above the 200 Weekly SMA