Hello everyone ! Gate token hold by the people who wants to participate in Gate exchange events. It is one of the exchange tokens in the market. In the logaritmic chart you can see the parallel channel that is formed. Currently the chart draws bullish flag with minimal swings, if it breaks the $5 level the target is shown on the chart. If it breaks down you can...
Hello everyone ! Enjin coin one of the biggest NFT projects in the market(4th one as NFT according to its market cap and used to be the 2nd one). The yellow trendline comes from January and tested 6 times until now. Lets see if this will work again ! Again watch the BTC's trend as well if you want to trade. The resitance levels are shown with the fibonacci...
Hello everyone ! As you can see on the chart WNXM broke the ascending triangle and went to 1.618 fibonacci level precisely. Now, 85 levels are strong support for it and ascending triangle target is shown with the purple line around 120. If BTC allows it targets, resitance levels and supports on the chart. Have a nice one !
Hello everyone ! Today I want to share with you some informative things. There was a rising wedge pattern in the BTC and it broke the support of it. Here are the some statistical knowledge of rising wedge pattern that I found interesting and informative. - In 82% of cases, the exit is bearish. - In 55% of cases, a rising wedge is a reversal pattern. - In 63% of...
Hello everyone! with the recovery of the crypto market, most of the altcoins created the similar pattern which includes reverse head and shoulders. If BTC will allow the new resistance is the current ATH(all time high) of the LINK. Then, upper resistance can be the given with the fibonacci. Support is also very clear with the fibonacci level and the previous...
Hello everyone! The RSI, MACD and daily moving avarages makes it promising, even 4 hour moving avarages. However there is no significant upward movement, in the logaritmic chart it follows this parallel chanel. For me, if 10.5 levels come it will be very bullish. Targets can be seen from the fibonacci retracement and support is the bottom of the channel. In...
Hello traders, as you can see there is a good trend that siacoin follows for now. There is a cup and handle formation and ascending triangle on the cart. If BTC hold 58 300 levels it seems like siacoins turn is coming as well. In the fibonacci levels resistance is around 0.495 and cup and handle target is 0.55 . If it goes to 0.40 levels and spend time there for 4...
Hello traders ! Chart seems very bullish in terms of patterns. It seems like cup and handle, ascending triangle and inverse head and shoulders are on the table. The resistance and supports can clearly seen on the chart. Have a nice day!
Hello traders, EOS looking bullish if BTC and crypto market allows it, there is also inverse head and shoulders pattern, which I did not show on the chart. Follow the rising yellow trend line for support and fibonacci levels for resistances. Have a nice day!
Hello traders! It was following the blue trendline in the logaritmic chart but failed to do so, new one is yellow and overall it is looking very positive, in the short term resistance and support levels are shown with the fibonacci retracements. Have a nice day !
Hello traders ! In the logarithmic chart, it seems cake is following parallel chanel on the cart. Buying on these levels can be risky. I would prefer considering other coins. The 20 day moving average and in the 4 hour chart 200 EMA points out 33 levels can be targets and very good supports if it corrects - falls. Have a nice day!
Hello traders! As you can see on the chart Fil is currently on the rising trendline, if it breaks the resistance and holds above the 165 it's targets coud be 190 levels. If it falls under the 160 levels and stay there the targets are not valid and stay tuned for the new analysis. Have a good day!