


There's a lot of hype around ADA, another privacy-focused coin right now, but I wanted to spotlight a MAJOR breakthrough for everyone's favorite currency for drug deals! The descending channel that XMR has stayed in since 2019 has finally been broken! I've marked some previous major support/resistance levels as future targets. RSI is in overbought territory, so I...
Been noticing these rounded bottoms play out on a few different alts - Doesn't always pan out, but I noticed it forming on ARDR here about a week or 2 ago, and sure enough it's playing out nicely. Keep an eye out for them elsewhere!
FTM has found support on the 200MA 2 or 3 times recently, so although we're in a short term downtrend, I believe we could find support there again, which would make this a good entry point for a short / mid term trade.
Sol is bouncing off the bottom of the triangle. Buy indicator on superwaves indicator has preceded move up the last few times. Expecting a retest of top trend line.
This is dependent on BTC, of course, but ENJ seems to be moving within a larger ascending channel. Hoping to see a breakout from smaller-term falling wedge pattern to retest upper long-term trend line.
BUY AT SUPPORT WITHIN RECENT PATTERN OR BUY BREAKOUT TARGET SELLS AT PREVIOUS RESISTANCE
Red dot sell signal on Superwaves (MP Trading) script usually precedes a 10% - 30% drop. I expect something closer to 8 or 9% to cool off RSI before another bullish pump can occur. All indicators should be used in conjunction with other TA. We shall see...
Bulls need volume asap if they're gonna stop this... it's not too late...
Updated triangle pattern idea for BTC + Fib Levels / 200MA as lower support...
If BTC breaks the pattern, I'm looking at the 200MA / next key Fib level for support
MANA broke above triangle pattern & MA's and has successfully retested support.
Based on recent bearish price action and overall sentiment, I suspect we'll retest these recent support levels indicated by Fib soon.
Mana fighting resistance at 200 EMA to break above trend line.
Just a quick idea that shows how, as the Covid-19 crisis worsened, the RSI "Death Cross" clearly indicated the huge drop off in price that was about to occur. Conversely, despite record unemployment claims in the US, when the RSI "Golden Cross" recently occurred, the price was able to break through previous resistance.