I can see a bullish pennant being formed on the 4H time frame. As we can see Algo was able to hold its position on the dynamic support from the pennant, and the price was not push by the previous low which was aroung 0.43.
I can see a descending wedge pattern forming on the 1H time frame. Currently, we are below 20,50,200 MAs. If we are able to breakout from the wedge and form a golden cross, I can see the price go back and retest the 0.5 resistance area. If it breaks out, we may see another retest on 0.6. Also, its blood bath mondays as always.
I plotted this earlier today, but not really sure about this but it seems like it was really a descending wedge.
For the past 2 weeks we haven't seen any moves yet for SOL, its' been hanging on arround 220 to 240 levels. I believe on this bull run we can see more for SOL once it hits ATH. Right now, on the 4h time frame, I can see a bullish pattern, a Descending Wedge being formed. With the recent moves from BTC reaching 100k earlier today, we might see a powerful impulse...
On the 15M chart, it seems like a rising wedge is being formed. This is an opportunity for a quick short back to 1.18 area.
A Rising Wedge is being formed on the lower time frame. We can we expect a breakdown back to the dynamic support of the Symmetrical Triangle, you check my previous post on BTC about it. This will be a quick bounce to the supply area and back again at the dynamic resistance of the triangle. This is an opportunity for a quick scalp short and long. Use this as an...
Here's the weekly overview for APE, we can see that a possible parabollic arc that can possibly occur this Bull run. Earlier this year, around feb to march, APE was trading above 2 usd, reached 2.6+ and we saw it go all the way down to 0.5 levels. Right now, we just tapped on 2.1 earlier and retraced back to 1.8. Now, it just got its momentum, this is a good...
I can see a symmetrical triangle forming in BTC, a neutral pattern. I can see it will break this triangle by the end of the week. If it falls it may go back and retest the 90k support, which gives more opportunity to get and get some nice positions for the alts (I know BTC dominance is getting lower but if it goes back to 90k it will most likely pull down the...