Bitcoin has been in a new price range since breaking out at the end of JUNE. This has affected alts in a way that has new volatility and trading channels. This most recent downtrend broke a lot of key support levels but again found support on the trusty 33.3k level WHICH IS NOW strong due to this BLUE TRENDLINE shown in my chart.
Broke Macro and Micro trends to the upside! Micro target was met and it is currently turning resistance into support. looking good in the 1h, 4h, 1d
heres a RISKY but PROFITABLE buy signal for you guys. If STMX stays about 0.0465 by 8 PM, buy it! It shold guarantee insta gains in the short term. Target will be 0.058 - 0.059 Bought it while watching the hourly and its been bullish on the 1h, 4h, 1d, 1w
looking at the 1h and the 4h, we are broke out from the micro trend and now testing the lower trend line on a macro level. Upside more likely in the next 4 hours, but we can rule out the chance of a breakout to the downside.
If Terra breaks within the 4 hour, we could see a break out to $24 target. Conservatively, if the upper trendline breaks within 8-12 hours, we could still see a $21-22 target
Finally a positive signal for $XEM with the bullish descending wedge. I would buy now, and double down (especially for those with losing trades) ~ not financial advise
Bullish breakout for $coti on the 1h, target is at around the 0.42 level
Its looking positive as the channel is holding strong. Waxp wants to break out upside. Its just a matter of hours or days.
Not looking too good for CAKE, need to bounce on the lower trend line then break out on the upper. Probability is low for this to occur in the short term (upside within 1-2 weeks). I would sell for coins with better upside in the short term
Once 0.44 is broken, were probably gonna pump big. Look for ATH by Mar 15. STONG BUY if 0.44 close on the 4h
Bullish megaphone Reverse Head and shoulders RSI is fairly low What more do you want
Confirmed break out and retest, LONG!
Lets wait for better indication, but March is definitely gonna be good for LTC
In theory, a positive breakout can lead to a target of $327 to $362
Just need to break this descending wedge and create a bullish pattern. Long way back to the top so I would trade for quick profits instead of hodling...
Bounce off the bottom trend line is imminent. Look for a 37.4-37.8 target in the coming days, given BTC bounces as well.
Will retest $39 resistance. Hopefully $41 as well.