BINANCE:OSMOUSDT COINBASE:OSMOUSD
OSMO has been forming a picture perfect base with very few sellers coming into the fold. Its currently trapped between two major VWAPs so could break either way.
As the COINBASE:ATOMUSD ecosystem is always a laggard, it could rally very hard depending on how crypto in general acts once bitcoin reacts to its highs and the...
BINANCE:OSMOUSDT has run to $11 before and is currently tightening up very nicely whilst riding the lower VWAP and squeezing towards the $1.7 Mark:
BINANCE:OSMOUSDT has a good pocket of air to at least double from here and hit $3 with little resistance and a nice overall play on the alts.
I have started nibbling here, the lower VWAP is the stop loss and...
Looking nice and toppy.
Since the Eye goggles release apple has been very shakey, at the price point and peoples spending capacity limited, also perhaps people's ability to not need such a product, AAPL could be the Canary in the coal mine for the big 7
ETH has been basing for quite some time. If it can clear and hold above $2100 on strong volume it could be a nice catalyst to 30 or 40% gains.
CRYPTO:ETHUSD
CRYPTOCAP:BTC has been forming a low volume tight little range on the right side here with some really low risk entry around 29400 and exit at 28880 (or switch to short).
I've drawn up the lower support here, the if the bottom of this channel is breached on volume we could see a decent shakeout.
Overall, the crowd is quite bearish on BTC but it's been showing...
MSFT is around 24% extended from the 200 MA and looks ripe for a reversal. Always need to be careful shorting stocks acting so strong but this looks like a nice blowoff event from the debt ceiling.
Really liking this clean base with a “Saucer” like cup and handle on the 4hr chart. If this can hold over the 41 area it go on a decent run with low risk.
ATOM has sold off but with the receding volume into this wedge formation we could get a bounce out of the wedge, some consolidation and a few entries back into the highs. If this wedge fails we could have some real bear market action on our hands with ETH and ATOM.
I really like how ETH is showing high relative strength vs Bitcoin and bouncing off this huge channel during the correction. I think it's buyable over the next major pivot and if it breaks out could be the beginning of a major bull run.
With stocks and the market correcting but ETH showing huge relative Strength it seems to be the $NVDA of the Crypto...
