ADA has been consolidating for the past 66 days and has finally broken out of the descending triangle. As seen in previous patterns, ADA almost always repeats the same pattern. If we take a closer look at the previous pattern (DT) we can see ADA has been consolidating for the past 65 days, after that we saw a huge surge to the upside. Today we are in a very...
Iam optimistic about ADA in the long run especially if the Alonzo hard fork runs smoothly. As seen previously the hype around a new update pushes the price higher than the actual release day, often history repeats itself but I don't think it will this time. ADA just bounced on the support and is headed to retest the neckline, if we break out we will most...
SOL Broke out of the descending triangle. We are looking bullish as of now if the RSI can stay above 54.64 we will remain bullish. If the RSI drops below 49.06 we will most likely return bearish. If we see a throwback and break below 11.4953 we will probably return bearish and drop between 10.3137 and 7.5305- EMA 20 crossed the EMA 40 (2-hour time frame) EMA...
BTC broke the rising wedge and now forming a flag, if we can break the neckline we will return bullish. At this given time we are still looking bearish, the 50MA line got bellow the graph this indicates a downtrend. We could bounce back up when we hit 46 000. If we break the second green box we will see a dip to approx 43 0000. This would be a good buying...
DOT hasn't had a big correction for a while. If DOT breaks out of the falling wedge we will see a correction between 34.2703 to 29.5545 if this is the case we would have a good buying opportunity. When we look at the RSI Indicator we can see that DOT is at a critical point, if we break below the 38.05 RSI line we will see a correction. If we manage to stay above...
ADA has been bearish the last couple of days. We will see a dip before the boom. We can see that the previous patterns are very simular as the one playing out right now. ADA broke the 1.19677 support line in my opinion we will see a dip of aprox 28% if we can break the green box (1.15050). Breaking below the green box would be a very good buying opportunity....
If AKRO can break the 0.039604 resistance we could see a move to the upside. The MA Ribbon looks bullish on the 1 - 4 hour time frames. The volume is lacking so we could see a pump fake. If we can't break the 0.039604 restistance we will see a move to the downside. If this happens we would have e very good buying opporunity. We can't forget looking at the RSI...
DOT looks bearish on the 1 hour time frame. If DOT breaks the support line it will dip approx 9%, would be a good buying oporunity. Offcourse it all depends on what BTC will do next. My prediction is based on technical analysis , do your own research I am not an experienced trader so don't take this as financial advice. Any feedback is much appreciated, good luck :)
CAKE has huge potential. ⭐ CAKE broke out of the falling wedge with very strong volume. It dind't hit the target yet, but has stabelized very well. We had 3 points of contact at 13.171 our new resistence. Once we break out of the resistence line with good volume we should see a huge pump to the upside. Be carefull, we might see a throwback after breaking out of...
ADA Broke support at 1.19363 I think it will fall between 0.99521 to 0.80402 would be a good buying opportunity. The RSI indicator is at a critical point as of writing this post, if the RSI breaks the support line this would be a very good indication of a downwards trend. TP1: 1.34689 TP2: 1.46058 TP3: 1.62288 My prediction is based on technical analysis, do...