Suspect a momentum shift into the green channel for a more sustainable long term uptrend. Too many great projects built on this network including Link.
I think its too bullish to break down to be honest but play this pennant for scalp trades along the way.
Should be a nice easy walk to pop out of this BTC range. Very good rr at the moment. Im considering a top up on EOS. Im guessing once gambling is a thing again it will fuel the ecosystem. I wish EOS was producing more than it is though to be honest.
Still in the RSI bearish control zone but looking to exit this falling wedge soon. So far 50% completion might indicate another pullback. But this weekly divergence coincides with POWR grinding against a 2 year long downtrend. Small cap coins are breaking these triangles and acting as a hedge for bitcoin. Which might allow an opportunity for an early break.
Price below initial offering. Recently gained adoption via Kepco and Clearway for REC ( renewable energy certification) trading, an estimated $3.5 Billion industry. Just some of the many new features and fundamentals driving this token by a company awarded Richard Bransons Extreme Tech Challenge. A breakout of these long term formations would in my mind have alot...
BTC and ETH comparatives edging past a 3 year sellof triangle with choppy data. BNB is showing some lovely symmetry. Lets see if she can outrun BNB on its current move.
Approaching critical fib retracement and lower Gan Fan line. TD Sequential well overdue for a rebound. Small pump this morning says we're approaching critical mass. Minimum 7.7 risk reward. BUY OR DIE.
My favourite bag. I've made so many good trades on POWR that I'm sitting on house money. A beautiful cup and handle formation although a smidge below the neckline. Wait for the 50% retrace and possibly a confirmation before re-entry .
We see an equalisation on the previous wave. Such a great project and we didn't really see a respectful response on the main net launch. I haven't used Gan fans as I normally would (well I've deleted those) and put in indicators that give clarity to the chart. This co-insides with the ATH fib retracement level and the bounce on the previous wave.
Short term contracting falling wedge breakout already occured. If the mid term expanding falling wedge is broken, it may signal a reversal.
BTC doing what it is famous for - creating cups. Early phases of a cup and handle forming, the technicals revealing an initial target of 8200 but the bulls know with a little elbow grease there's opportunity for a short picnic after 8600. Perhaps they can recharge with a handle formation and push on to the main meal.
We've broken the first, next resistance is the mid term expanding falling wedge. Bull mode if it is breached! Continuation of the downtrend if both are rejected.
No bears harmed in the making of this chart
Imagine your excitement as we retest the trendline, solidifying the long term bullish trend into this new adoption year phase of Cryptocurrency. And the best part is our wedge assumes a strong case for a nice breakout in the short term, so all you non hodlers can scalp a nice little profit - assuming you play your cards right. Sleep well crypto people! Everything...