dukeofdolma

dukeofdolma

STORJ is breaking through a resistance zone that's been building for the last couple months. With the price pushing through the 1D cloud and a bullish tenkan-kijun cross it's looking good for at least a 50% retracement of the all-time high represented by the flat top of the cloud at around 38k.

dukeofdolma

Cardano has been on an absolute tear the last month, exhibiting the flag patterns we've seen across many alts over that time. It's currently breaking out of the last flag but the question is whether it forms a three-drives pattern and drops or continues flagging. I've set two targets here that represent the case for each scenario - 5k for another flag and 4.3k...

dukeofdolma

GNT is building a really nice looking bull run through the cloud. I like that it is not flagging like most alts that are rallying now which suggests its rise is more natural and less built on FOMO, suggesting this run is more likely to last. Immediate target is the top of the cloud at 6400-6900. Fib retracements are also great targets beyond that with the 0.5...

dukeofdolma Updated 

Ripple has been flagging recently with the latest pennant failing to break out into another bull run. Instead, price action has formed a cup and handle pattern which still suggests that the next bull run has just been delayed, and can be expected once price moves above the handle channel. The pattern is also confirmed by declining volume. Using the height of the...

dukeofdolma Updated 

There's a nice bear pitchfork that has formed on the ZEC/BTC chart. Watch for touches of the bands here for entries into swing trades.

dukeofdolma Updated 

After testing support at 2550, SYS has recovered and is in a good position for a possible swing northward. This is a risky play since there is a lot of resistance overhead but at the same time is a good opportunity to get in at support price. Watch out for turbulence in the 3500-4500 zone but if it breaks out of that area the likely target is 6350.

dukeofdolma

We have a good setup for a possible bull run here on Stratis. The thick cloud suggests oversold condition with price entrance signalling a possible trend reversal. A risky bet is to enter right now, but if you want to play it safer look out for: 1. the tenkan to cross above the kijun and 2. the price to break above the previous williams fractal at 0.0008. Target...

dukeofdolma Updated 

QTUM/BTC is currently testing long term resistance and is in a good position for a long trade if it breaks out. Some targets are the local high at 0.00192 or the fib extension at 0.00270. If it does not break resistance, expect price to swing back down to the bottom of the channel.

dukeofdolma Updated 

We could be looking at a Ripple reversal here with a nicely formed Adam & Eve pattern into the 4H cloud. A tenkan-kijun cross here would also help confirm this bullish reversal, so watch for that. Conservative target rests at 2150 using the flat top of the cloud, with a more ambitious target of 3150 through the support/resistance zone of 2500-2900.

dukeofdolma

Here are a couple scenarios that may play out from the current triangle/pennant we are seeing. If we break northward, the top of our pitchfork crossed with a fib extension gives us a target of 22.2k in the next few days. Otherwise, breaking southward would probably see us recede back to the pitchfork median and 50EMA.

dukeofdolma Updated 

XMR is breaking northward out of a pennant into the ichimoku cloud, signalling a possible bull run to at least resistance at 0.0245.

dukeofdolma Updated 

With a good edge-to-edge cloud setup and the Ignis airdrop approaching in the last week of December, we have signs of a strong bull run. The flat top of the cloud gives us a good target at 3850.

dukeofdolma Updated 

We are seeing a really nice inverse head and shoulders pattern which strongly indicates a reversal. Paired with the price entering the Ichimoku cloud, we have a great setup for a bullish edge-to-edge swing through the cloud. Conservative target is wherever the price breaks out above the cloud. Trade is invalidated if prices closes below cloud.

dukeofdolma Updated 

Ethereum looks close to breaking out of its long-running ascending triangle pattern. Taking the high and low at the start of the trend we can fib out to $580 as a reasonable target. This is invalidated if price breaks out south below the support line.

dukeofdolma Updated 

The previously thick cloud, recent kumo twist, and bullish tenken are suggesting a possible bull run here through the cloud. The long flat line at the top of the cloud serves as a good indicator of resistance and a decent target for a short term trade. This target also lines up perfectly with the 0.5 fib if you retrace from the ATH to the local low. The ATH would...

dukeofdolma Updated 

Using the kijun on the 4h and the cloud on the 1h, we can see a possible edge-to-edge bull swing.

dukeofdolma

ETH to $555 by end of year? Fib suggests so.