We can see that price perfectly retested the channnel and aiming for new highs. TP1:Previous ATH TP2:Between 0.03-0.04
We can see that price perfectly retested the channnel and aiming for new highs. TP1:Previous ATH TP2:Between 0.03-0.04
I would love to buy at the 200DMA which will be at the 0.618 by that time, and expecting from LDO that it will break out the triangle, testing it and continue its parabolic run towards 15. First TP around 3 dollars. Buying zone in the box.
After the retest I would like to see a bullish bounce, succesfull break at 0.618 would make it a long term trade. The triple top at the Rsi concerns me the most.
I took a small trade 500 with a 10x leverage here. I assuming that it will make the next impulsive move to the upside. Target is the 0.618 which is at 0.31cents right now. Not financial advise.
Ideally I would buy at the 50DMA. I dont believe in this coin but just for fun, I would love to make a try. Do not recommend it because its a high risk high reward setup. Not financial advise.
I believe if BTC rise, Riot will rise as well. As you can see on the chart that the right shoulder is forming at the moment. TP1:10.50 TP2: 17.30 Obviously its only my idea, not financial advise.
I am expecting a restest on the neckline and than a strong bounce to the measured area. Entry around 1.35 but with a probability to wick down to the 50MA around 1.25ish. I put a green box where I am looking for entry. Not financial advice!
The price of PHB/BTC were consolidating quite some time in a descending parallel channel but it broke out and made another descending parallel channel. You can see the two reversal pattern on the chart, you can call it for IHS or Cup and handle. I am just guessing, do not trade based on this. The idea is for entertainment purposes. If there is confirmation I...
The RSI clearly broke out from the wedge. Matter of time to clear price-wise. Watch out!
I believe that we experienced in the last 2 and a half month is a bear trap. Facts: - 1.618 golden ratio hold. - ARK buys the dip - Besides ARK my institution accumulate - Elon Musk holds even though I am not a big fan of his, many people expected that he dumped his coins before TSLA earning report - Little whales accumulating - MVRV ratio is on the ground...
Probably you would recognize the same pattern at almost every crypto coin..If BTC can hold 30K and if it can rise to its major resistance at 41K, we could see a rise everywhere in the field.