3 positive chart patterns for a coin that is part of the Base (Coinbase) ecosystem. A double bottom is a W and a W is always a winner.
New to the market with an innovative concept of Restaking. EIGEN may well end up being a top tier performer this cycle as it's value becomes clearer. As it stands now, ready to break into price discovery and target new fib levels, with an immediate goal in the $4.47 area, a double bottom (a W is always a Winner), and a 1.618 extension at around the $5.90 area....
Broke through previous resistance and fib level. RSI and Stoch RSI on 4hr are pointing straight up and running hot. Target should be around height of triangle (about $3.20) but with as hot as this is, may run higher.
Resistance at 720ish has already been hit, the sell-off is dying, RSI and Stochastic along with the linear regression channel are pointing towards a continuation upward after a pullback at the 720 resistance. A push above it would give a very healthy run up to just over $800.
Rising channel, increased interest, third in the set of BASE blockchain coins, used for lending.
Looking like this is as low as we get. Stochastic is pointing to renewed interest and a drop of 38% from high has already been hit. Middle of the upward channel holding well.
Vanarchain, brilliant team with a partnership with NVIDIA. Lots of moves that will payoff.
Right on the chart. There is a double bottom that sent this up almost 50% today and it is the start of a wonderful journey upwards. The double bottom exited at ~.1460 from a symmetric triangle which is another bullish indication.
Is there one more push left? Looks like it based on the math.
Above daily EMA10. A breakout above .3425 on exit of triangle should send this towards .51. Recent partnership announcement with Nvidia. Not just gaming, also AI and with the best partner for AI. In a clear upward channel.
In a joint project for liquidity pools and DEX on Coinbase's own blockchain. With a big name behind it, it's rise has just begun. It's been on the move, has a nice bull flag into a symmetric triangle with breakout.
Ascending triangle target is the low to the height of resistance. Target is .1583 Linear regression shows clear channel upward. Resistance around current level .1160, and at .15
Symmetric Triangle breakout Picture perfect ascending triangle Break above 88 cents should lead to 1.57 Popularly labeled a Solana killer, active in all areas: Defi, Dex, Gaming, DePIN, Metaverse, NFT, RWA, you name it.
This is a beautiful ascending triangle. Defined as: An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. www.investopedia.com On breakout, the wave should send this...
As a BTC layer 2, this things actually has a TON of projects connected to it, and little competition. Wave #s noted on the chart, soon to break out of the triangle and drop jaws.
Breakout of triangle, rsi with plenty of room to move. Break of .095-.098 resistance will lead to a 50% move to 14 cents. MACD crossing over.
RSI at ~60 with plenty of room to move up. Bullish pennant on hourly, daily. Break of resistance at 4.75 should lead to move towards .618 fib level of 9.58 and if an extended wave 3, could run as high as $19. Support at $3. MACD shows sell volume drying up. VWAP shows progressive movement upward for volume weighted price, another positive sign. This is a...
RSI at 60 with plenty of room to climb. May high of 1.71. Stochastic RSI pointing ABSOLUTELY STRAIGHT UP!!! Breakout of triangle, if it can cross resistance of 85-90 cents, can easily make it to 1.28. Total return would be 54%. Support at about 74 cents.