As we can see COMP has been in a bear market since mid may 2021. Having reached a support zone always respecting the major weekly trendline we could se a pump and consequent break of the triangule structure. RSI and MFI at low levels showing possible reversal of the bearish pressure. Yellow zone marked on the graph is a possible Fib retracement zone The project...
As we can see FIL has been in a bear market since april 2021. Having reached a support zone always respecting the major weekly trendline we could se a pump and consequent break of the triangule structure. RSI and MFI at low levels showing possible reversal of the bearish pressure. Yellow zone marked on the graph is a possible Fib retracement zone The project...
If price stays on the monthly trend line we could se a major bull run. This bull run is possible since BTC is on a reversal period indicating a start of altcoin season. NOT FINANCIAL ADVICE.
In the 4 hour chart, we can see head and shoulders pattern which is now going to the last shoulder. Price has good support @162. Traced a Fibonacci to set my TP. Not financial advice!
Wyckoff pattern is often seen when there´s institutional money on the market. That spring is made on purpose in order to scare away weak hands. It´s also possible to see that when the price broke the 50k support it fell to 30k but it busted through the 30k level and rapidly came back. This is often regarded as the accumulation phase and institutional buyers are...
Long position on ADA. Possible triangle breakout, price has a support on MA 20. Just have to wait for a confirmation on MACD
As we can see the price is clearly on a breakout area, my sell zone is around 75-76k. MACD shows us a good bullish area also.
After a big pump there's the retracement of about 40% then price goes up to the previous all time high