evasivesteering

evasivesteering Updated 

SRM has well performed since two days when BTC was going down. It has been consolidating around the upper trendline of a parallel channel. Now price is above this trendline and seems to break out the ellipse consolidation pattern. Proposed targets and Stoploss are in chart.

evasivesteering Updated 

SUSHI formed a triple bottom pattern (in 4H TF). It'd already broken out the neckline and now is going up.

evasivesteering Updated 

SKL has just broken out its trendline with a high-volume candle. This is a good sign for SKL to go higher to reach the targets (blue lines). A referenced stoploss (red line) is also proposed in chart. To be safe, it would be better to wait for successful retest of trendline to enter.

evasivesteering Updated 

Like some other DEX (Decentralized Exchange) cryptos, DYDX had made a 125% jump from its ATL at $1 on 18/06. A very nice performance which indicates that DYDX is a very intesting symbol to keep an eye on. However, at this time DYDX is showing some weakness. A bearish divergence and an Evening Doji Star candle are being formed (in 12H TF). As a consequence, a...

evasivesteering Updated 

NKN has been consolidating within a diamond bottom pattern since almost 2 months. RSI touches also its trendline. NKN will break the pattern very soon. Statistically, breakout is favored. In this case, referenced targets are in chart.

evasivesteering Updated 

MATIC formed a look-alike Bump-And-Run-Reversal Bottom. A Lead-in phase of almost 1 month with low volume, then followed by two bump phases with high volume. MATIC has just broken out the trendline and is ready to get the first targets (depicted in chart).

evasivesteering Updated 

BCH has moved in a descendant channel for more than 3 weeks. It broke now this channel and ready to go upward. The RSI broke also its trendline. In 1D TF, we can see a bullish divergence (see screenshot below) which reinforce the (short-term) reversal.

evasivesteering Updated 

DYDX is breaking its trendline. We need to wait for 4H candle close (above the trendline) to confirm and open a Long position.

evasivesteering Updated 

KNC lost its wickless weekly trendline last week. It seems retesting the trendline. Because BTC shows some sign of weakness (after bouncing hard from $17Ks): it seems to form a double top and to revisit $17500. I think that we can short KNC from now (possibly DCA up to the trendline level). 20 minutes ago.

evasivesteering Updated 

APE is always a highly volatile crypto. I think that it is at its breaking point. Continue to go up (B) or being rejected by supply zone and breakdown the trendline (A). Let's wait some more hours to see better before enter, in my opinion.

evasivesteering Updated 

IOTX had increased almost 40% since its fall (along with BTC) on 13th June. It has shown some signs of weakness, mainly the decreasing volumn as price rises. On 4H TF, its has broken the trendline. The so did the RSI. Retest of trendline is possible before going down again. As usual, some proposed resistance and targets are in chart.

evasivesteering Updated 

KAVA lost its trendlines for both price and RSI. It'll continue to fall after retesting the trendlines, very likely.

evasivesteering Updated 

COTI formed a diamond bottom pattern. The diamond was broken and retested (by the upper side). COTI is now moving up. Some support and proposed targets are in chart.

evasivesteering Updated 

BCH breaking out its trendline and promises a rally. Breakout is confirmed with a 4H candle closing above the trendline.

evasivesteering Updated 

After having lost 95% of value since the top, ONE has grabbed for liquidity (in yellow area) and is moving up. We hope that this week is the first green candle after 11 red ones in a row. Moreover a medium bullish divergence is detected (on 6H TF) and is a good sign of a minor reversal.

evasivesteering Updated 

GMT is breaking its trendline and also the neckline of the cup & handle pattern. If breakout confirmed (with a 4H candle' close above the trendline), the proposed targets are in chart.

evasivesteering Updated 

BTC broke out the triangle and is going to revisit the privious resistances: MA 200W and the weekly trendline. I think that when BTC touches again (discontinued) weekly trendline (around $33500), if being rejected, it will fall again to the see the lower weekly trenline (around $17500).

evasivesteering

I would like to update this trade (see link below for the previous analysis). HNT formed an Eve & Adam pattern on 12H TF (or Cup & Handle pattern). Since the bottom, it rallied 70% trying to break the necklines serveral times and being rejected everytime. However, it doesn't seem to give up. HNT needs a 12H candle closing above $11.8 to breakout the neckline....