MNET breaking from nearly a year long channel, breaking 0.00105 resistance and confirming it as a support, now trying to break through 200Day MA. The development team is silent, so I just wonder why this sudden movement, something cooking on the inside?
For those of you who are not hodling, I see potential in this formation, once some bullish momentum takes over the market, there is a possibility of this scenario MIght take a few more bounces
In my opinion - Once bitcoin comes back alive (and the whole market with it), this bull flag could play out to a break to somewhere around 0.11 With the exception of that massive market crash on May 19th, we are getting almost perfect border touches. What do you think? Is Telcoin strong enough to break from this flag a get that 0.1$ milestone?
I zoomed out and noticed we might have just returned into ascending channel. This return is currently being tested. If I am super bullish and we actually get to and stay in this channel I might say we can hit a dollar in late July? Who knows
Telcoin is back in its original rising channel after a massive breakout and correction with successfully held supports. If every retest is played correctly, we will be climbing steady upwards. I expect 0.10 in the upcoming weeks.
0.382 fib level looking like a key resistance level we must break to get back into the rising trend after flag breakout
We are in a very hot position on the short term of CHZUSD pair. Now we either bounce of the breakout level retest and start a move upwards or sink down below again and return to the downward trend. I still believe CHZ has had his correction and we are ready to test 0.95 levels .95
It looks almost like a perfect 12345abc Elliot wave pattern you would see in Elliot trading textbooks. Even lower move to 30c/35c possible in the coming days before continuing the trend upwards
Will we repeat the same pump as we did 2 times already breaking triangle formation? Quite possibly very rewarding structure
Will this support on triangle hold and see a break upwards?