I see a flag pattern in MATIC logarithmic chart. The price is also creating a pressure region which means that breakout is very near now. I believe that MATIC will see TP1=1.9$ and final TP=4$. also we can see that price has broken the resistance in normal scale. I'm waiting for the impulse movement.
Volume, Ichimoko, RSI, MACD analysist showing that BTC bearish in the short term, but still bullish in the long term. If BTC breaks it's support around $58K, we should look at a bigger wave down, but I'm more optimist about it.
I have SOL for sometime now and I just love it. Just recently it experienced a breakout and hit both my TP1 and TP2, then it had a pullback and the bulls are very strong. My TPs are as seen in the chart and will try to keep you updated. As a trader I try not to look far away into the future and keep my eyes in front of me, so these TPs are just the start and will...
Looking at the daily chart of BTC, it looks like the price needs to decide which way it wants to go: 1. If the price breaks the 61% Fib level, I think it is safe to say that we have entered another uptrend 2. but if the price breaks the 38% Fib level, I would adjust my trades to be more short positions rather than long ones. In the meanwhile, it's good to trade...
Looking at ETH in logarithmic scale, we can see that the price is moving in a channel and respecting the Fibonacci levels. I can also see there is some price compression happening which would indicate a breakout. If BTC doesn't experience any unusual fall, we should see an impulse price movement. I will consider trading ETH if in breaks and shows confirmation of...
BTC chart could be creating a pennants pattern and so if BTC breaks downward, it would fall a lot. I personally wouldn't go long on anything if it broke downwards. should keep an eye on the chart and be careful.
Seeing the chart, I think that XRP is in a sideways oscillating between R' and S'. This would be a nice opportunity to get some profit. I'm also looking forward to go long when the price breaks the red line