BTC recently bounced off the 15K support level, which previously acted as a resistance level in December 2017. This confluence of events suggests strong support and the possibility of a long-term or short-term bottom for trading purposes. A technical analysis reveals a descending broadening wedge pattern on the daily chart, which has broken out with a confirmation...
STRONG A descending broadening wedge formation. " A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines. A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support...
I think MATIC is very under valued. It has a limited supply and It has a great useable solution to ETHs scalability issues. This is my call, I'm going 3/4 of my bag in MATIC when the market bottoms out. (The rest in AVAX and SOL, then a few gaming small caps) ETH is is not going anyway, but MATIC has a lower market cap for more gains.
It’s finally time! We have a symmetrical triangle paired with an upward trend (bullish) + a cup and handle pattern. The volume is showing some really tight price action as well… looks like blast off!
Broke out at our descending wedge just as expected! Smashed our previous "moving average" resistance level. FEELING BULLISH. If SOL continues to run, so will Serum. Looking for a 2-3x on investment minimum. Not to mention, this allows cross chain trading. i.e. Trade your Bitcoin for ETH, then trade your ETH for SOL. I've also noticed some crypto games are using...
So far this is my favorite game. We already had the initial sell offs and have broken all resistance levels. HODEL and take profits during each benchmark the game development hits. Buy the rumor, sell the fact.
Waiting on confirmation, but we have a bullish descending wedge formed, and a potential cup and handle. Also Serum is being used to develop multiple games. Also it is under SOL which is hot right now. If the volume looks good as well, we are good to go. See you on moon!
About 80% gains since entry, added more during the confirmation. Still bullish on the daily with a hammer pattern printing. HOW HIGH CAN WE GO?? Meta verse is going to be a huge money maker.
Ascending triangle is printing on the daily, meme stocks are coming back (not why I'm in this, but it helps) See you on moon!
We've seen this before... steep selloff at ICO, then an accumulation to the previous resistance level. Paired with a strong volume, and the fact that it is a project related to DEFI... we are going to the moon! It also helps that right now Bitcoins sentiment is strong since the ETF approval.
You can see two patterns form. Cup and handle, orange. Symmetrical triangle, blue. You can also see we are going to phase 5 of the Elliott wave impulse ALSO - BTC ETF APPROVED which is very bullish for the crypto market.
Currently on an uptrend, also creating a parallel triangle formation. Looking for a breakout soon to the upside.
Sand either printing a head and shoulders, potential to dip hard. Also printing a parallel triangle. Waiting for confirmation to break either support or resistance. Crypto gamings are hot, so we can be optimistic.
ZIL printing a cup and handle, following bitcoin... AND is also printing a parallel triangle. GET READY FOR BLAST OFF!
$ZIL is poised for a huge breakout! Perfect symmetrical triangle forming. After the blue chips finish pumping, low caps will pump - just like before.
Breakout to the upside. Descending wedge pattern. Also approaching area of supporting. Watching to see if we either fail, or smash through our resistance. There's room for a %20 move down. But a huge upside at 40-80%
Downtrend broken. Printing a bullish flag. Broke two. areas of resistance. Tested support AND trend line twice, and they held. SEE YOU ON THE MOON BOYS!
Based on my technical analysis which is based on a trend / support and resistance line charted on the monthly. With an average of a 5-7 day short term trend up or down We most recently broke a short term down trend which resistance was confirmed 3 times I also see a possible 20% correction to previous support, but these are oversold levels - and is a great...