TRX has gained nearly 7% since its inception on September 8, breaking the triangle formed days ago. Oversold RSI and increased trading volume bring a good prospect of reaching the target of $0.6461 in the next 6 hours.
Projecting a trend-based Fibo retracement we have a resistance at $1,303 which is confirmed with MM200 and then $1,378. We are in an overbought region and can visit the $1,048 level, making a triple bottom (We made a double double bottom on July 13, 2022 and September 7, 2022.) before going for the respective resistances. if the LTB (downtrend line). THETA is...
FILBTC appears to be inside a triangle right now. Looking at the movement inside the keltner channel it looks like we are heading towards the first support of $0.000318, but before that we could be close to the triangle breakout. Because it is holding at the median of the keltner channel, the breakout may be more impulsive towards our target. If it breaks in the...
The channel issue in this study shows the intense accumulation zone that despite the overbought RSI, we will probably have a breakout and we will have a reversal to an uptrend, after that, the market just needs to have strength to be able to continue this reversal state, overcome the resistances of $0.0001065 and $0.0001136, to get to $0.0001197.
SANDBTC has been accumulating since August 23, 2022. The longer this accumulation rectangle resists and is not broken and the more times it is tested, the greater the strength of the breakout, and as SAND is brutally undervalued, the breakout will be upwards reaching quickly $0.00005291.
SOL remains resilient and didactic in its bull channel, having its next resistance $0.0017846 and $0.0017972
WAVESBTC built a bullish pattern characterized by the uptrend line, and managed to hold its support at $0.0002266 which despite this widening in this region soon outruns the cloud and heads towards the upper base of the LTA. Our target of $0.02400 is exactly that point in the upper base of the channel. Good prognosis, we hold the position.
After reaching the base of the channel on the daily chart, CHZUSDT prepares for a Pullback after touching the $0.1836 region and the last current candle is being engulfed by the previous candle, I believe that if you don't lose $0.1836, go get the 0.2482 located in the upper band of the Keltner channel.
TRXUSDT 1H appears to be inside a triangle right now. We may be close to breaking the triangle. Because he is holding below the median of the Keltner channel, there may be a greater chance of him breaking up, quickly hitting the target. Remembering that we should see this breakout over the next few hours. We need liquidity to really get out of this accumulation....
TRXUSDT 4H – Visible breakout of the up wedge reported last week. RSI points to oversold. It seems that we will have an incursion towards the top of the ichimoku cloud, reaching our target quickly.. We maintain our position. In terms of Tron fundamentals, it is a decentralized blockchain-based operating system that was created by the Tron Foundation and was first...
TRXUSDT 4H – Technical factors such as RSI point to overbought, however TRX has broken out of LTB (bearish trend line) and began the incursion upwards, having as an ally the cloud of Ichimoku that serves as a true IMAG. Breaking the resistance imposed by the median of the Keltner channel at $0.06176 and passing the cloud will reach our target. We hold the...
TRX/USDT 1H = Clear breakout of the LTB (downtrend line) and although the RSI is oversold in the 1H time frame, in the longer times it is overbought, moreover, the pursuit of its fair price range which is in the cloud will do a magnetic force to quickly hit the $6461 target. Tron is a decentralized entertainment and content sharing platform that uses blockchain...
FIL/USDT 4H Clear formation of an ascending wedge, the loss of movement amplitude indicates a rally towards its target of $5.98, as the cloud is its fair price range. Filecoin is a decentralized protocol that allows anyone to rent spare storage space on their computer. The Filecoin mainnet was launched in October 2020.
WAVES/BTC = Forming a triangular figure, the upper part is without slope and the lower part with a sharp slope which indicates a triangular figure with an ascending character. After crossing the upper keltner line and the narrow cloud band, it arrives at our target of 2400 Waves is a blockchain platform created to launch smart contracts and smart assets. It was...
SAND/BTC = SAND broke the LTB that had been dragging for a long time and is now on an escalation to the congestion layer above. The big resistance that will be the MM200 is above our target of 5292 Sandbox is an Ethereum-based metaverse game that allows users to buy virtual land and customize it with playable games and experiences. Celebrities and brands filled...
SOL/BTC = SOL has broken the LTB (downtrend line) which it was drawing for a while, now it should only stop at the height of the powerful resistance at 17352 which coincides a Fibo resistance with MM200.After passing this resistance already we hit our target of 17952. Solana is a blockchain designed to support massively scalable decentralized applications...
RUNE/BTC=RUNE needs to break through the median of the Keltner channel to search for the cloud and then start a wave split to search for the target of 23752 Thorchain is a protocol that aims to meet this need by allowing the trading of cryptographic assets across multiple blockchains in a fully decentralized way. As the number of users on blockchain networks...