Just a quick chart on GTC. Given time, I think this one will get to $25 (or more. For now, expect jumps (just like AXS - similar chart profiles) Right now I am looking at $11.40 but may revise upwards (if BTC behaves). IMO - this like AXS is a coin worth watching (along with SHIB - this could deliver another 100% from todays price by the end of October).
The line (200ma) is just below the 50ma and the coins JUMPS up. On a couple of occasions the 200ma has been ABOVE the 50ma and the coin has dipped then recovered towards and up trend AND then, gone UP again. This only happens in the 1 HR. The 30 min TF shows that it is close with all Mas (7, 20, 50 & 200) bunching. Volumes are low – another indication WHEN will...
AXS is in a rising channel and looks set to hit the next R/S level around $74 NOTE: Take Profits around $69/$70 which is an area of resistance. All this, of course, depends on BTC not doing anything stupid - but, tomorrows Friday so we could see a little bit of steady growth. However, please remember the whales do work weekends. This last big dump began on...
See chart for info. NFA/DYOR It may go higher than 66.20 - adjust target (TP) and SL as the coin moves Just my thoughts - not financial advice. Your risk if you trade.
To me, it look like LTC has a clear H&S with a down trend to follow. It's been a great run up, but LTC needs to retract and rest. I had hoped for near $300 or more. But not this time - unless BTH & ETH drag it up again. I am going to close my trades when there is mininmal damage - but I am over 500% up with leverage, so loosing a bit now is annoying, but part of...
SOL has a clear head & shoulders. End of the of our glorious up, up, up. Sol may see a slight rise before continuing to wiggle down - first to around $130 area and then down to the $115 > $117 area. Then down to $110. I suspect it will end up at around $75 - All of this DEPENDS upon the movment of BTC & ETH. The down trend should provide some good scalping -...
Details are in the chart. AXS is AXIE Infinity - now one of the world’s most popular game. It is based upon Pokémon and has seen massive uptake in Asia. People are giving up their day jobs to become full time players - the best ones earning around $1000 - $1500 per month. This is 2 or 3 or more times the wage they would earn working in a shop or even as a...
Details are in the chart - I have tried to make it 'elf' explanatory as I had help from the Tool Wizard (this is a simple version of my chart). What will I do? Well, I might go on futures and hedge the tops and bottoms. OR, I might go long for a few hours and then a short. OR.....I may just go long with a Target (TP) of $83.40 and a SL of $63 (to protect against...
IF bitcoin remains in a stable fall, AXS can still rise as people look for coins that are 'on the up'. However, if BTC falls fast, ALTs will follow. This means AXS could drop to the strong support around $42 For the next few days I am leaving AXS alone. I wil watch. If it shows signs of rising, I will Long as the chat indicates. If it falls, I will short to $42...
This is my AXS working chart for trends. The pattern is repeating. BTC is a factor, but AXS has been self supporting. HOWEVER, if BTC and ALTs take a nose dive, AXS will dip. Next move - I suspect a small sharp rise/fall/rise/fall and more consolidation before once again rising fast (Subject to BTC activity). BIG NEWS - in case you missed it, Axie Infinity...
A market is subject to numerous forces and a lot can change in a short time. This chart is one possibility -- a possibility that would make BIG money very happy. This is simple chart work which arrives at a very similar conclusion to charts prepared using advance tools. Not financial advice.
My approach is different and a bit random to others - but, my work is (in it's own way) has near idential outcomes to many others. FYI - I am dyslexic Bit late today - dentist!! Gravity will come into play as will FUD. It was Sunday / Sunday night for Europe and the USA. Many in the northern hemisphere are on holiday (we'll know summer is quiet ! 🤫 not! ) WHO...
As requested. OK - this is the chart I use on a daily basis. My methodology is dates back to my early days when I was taught about the stock market at age 14 – 16 back in the mid 1970’s. My tutor was an active trader. I like a calculator, pen & paper along with some of the modern tools available. This will be weird to many of you. old lines as they sometimes...