CRV Curve on a bigger time scale, like 1D-1W formed a massive falling wedge pattern. The token also went down from ATH 93%. Waiting for a breakout and then making a decision.
COMP Compound is 93% down from its ATH levels. There is a lot of room as well for this token to grow. On a bigger timeframe, we are squeezing and creating a HL. There is a probability for this token to break and close above this red resistance box & then we can see a leg up on the price.
DGB DigiByte formed the same pattern as the previous token. There is a lot of room to go upwards. An ascending triangle forms HL (Higher Lows). No predictions only probabilities!
RSR ReserveRights Token has the potential to increase in price. The candle has to close above this resistance (selling pressure) trendline.
OP Optimism formed a potential double-top pattern after a second rejection at the same level as the previous one. Breaking down through this neckline can indicate a potential movement to the downside. Also, the volume is decreasing.
SOL Solana was a good asset for people to start swinging for a short-term (mid-day trading). Right now Solana is inside this Descending Channel on a 4H timeframe, still forming higher lows (HL) and there is a probability for us to see a breakout through this channel and see another leg up on SOL/USDT. BUT... Maybe now it's the time for SOL & other ATLS to get that...
MANA Decentraland distance from its ATH levels is around 1134.56%. Do you believe that MANA can "moon" again? A lot of room for the upside if you look at the bigger timeframes like 1D-1W
APE ApeCoin is about to melt everyone's faces? We'll see. I'm waiting for a breakout through this red resistance box. After a clean breakout and closing above the $1.898 level, there is a probability for a leg up till the next resistance at $2.821. Give me your thoughts on this trading idea.
ETH Ethereum price moves at the resistance level at the current moment. Waiting for a rejection or a breakout for another leg up. Patience!
SHIB ShibaInu formed an interesting setup for us. On a higher timeframe, we can see a descending channel with a triangle pattern with a probability of a breakout to the upside. The distance to the next massive supply (rejection) zone is 107% and the distance to the ATH levels of 2021 is 801%. Enjoy your Sunday fam & DYOR!
DOGE DogeCoin looks at a nice spot where we can think about investing. Of course, DYOR. From its ATH levels, it went down by -88.77%. There is a potential 800% in profits from this exact price level IF it reaches ATH again.
LTC Litecoin the consolidation "king" is inside this consolidation channel on the daily timeframe. It seems that inside the channel it formed a symmetrical triangle next to the mid. range.
FRONT Frontier is finally breaking out to the downside from this ascending channel. Money flow also starts to go down, it leaves the market. Is it the right time for a pullback? The price is rejected from this red resistance zone again.
STX Stacks almost 7 weeks in the raw was in the “green”. Now zoom out the charts on the 1W TF. Many traders and investors expect to see a drawdown if you look at the history. The bull run hasn’t started yet so I don’t expect any parabolic moves to the upside. But who knows. Only time will tell.
NEAR NEARProtocol is inside this descending channel. Very low volume during the weekend. There is a chance here to see a breakout. The setup is invalid if it's gonna go lower, down through those demand/support zones.
BTC Bitcoin formed this Inverse head & shoulders pattern. A lot of people talking about this bullish scenario on YT I thought I could share it as well. It's simple resistance in front of us. If the price closes above this red box we can plan our buy/long position until CRYPTOCAP:BTC faces that supply zone at $47k or $45k once again.
INJ Injective broke this support trendline. I believe it’s time for a pullback because it was already overheated. Look at the rally from the bottom.
DYDX is still inside this descending channel (confirmed) on a 1D time frame. According to the money flow it's ready to pump because we are going from red to green again. We’ll see. Enjoy your Friday.