thecryptochart

thecryptochart

#crypto. A strong pattern with a high probability trade has formed on injective. We have an inverse head and shoulders pattern. We have broken through the neckline. Not is has retested the neckline and turned resistance into support. This is a perfect formation to drive the price to the target from the inverse head and shoulders of 28. Get long now at 20.33 RSI...

thecryptochart

Dogecoin is looking primed to pump. It has been respecting the falling wedge. It has formed a double bottom. RSI is stronger showing sellers have left the building. And it has found support at an order block. STO is low and ready to go. What are you waiting for. GET LONG. Chart: Pattern: Falling wedge with a double bottom to reverse. RSI was 27 on the...

thecryptochart

So #ploygon is looking primed for a pump. It may or may not be a coincidence that it is about to rename to Polygon from MATIC. Pump the Polygon peeps. Looking at the chart: * STO is bottoming at 8. You heard me 8. The only way is up baby! * RSI was 21 on the previous low and is 31 on this low. Sellers are running out of strength. Buyers are taking back...

thecryptochart

We have a solid setup to long UOS or Ultra. A falling wedge and we have entered the fun zone. This means there is about to be a breakout and with STO bottoming with lots of room to jump and RSI creeping up it appears that buyers are taking control. It has already tested the break higher so it is not hard to see it going there again. There are a number of bullish...

thecryptochart Updated 

Crypto - Monero - XMR We have a few indicators pointing in the same direction right now. The morning star reversal is a bullish candle. There are 3 bullish divergences with price and RSI. STO is low so price is ready for a bounce. And we have just gone oversold for the first time since November 22. Feels like time for a bounce to me. Time to get Long. Price...

thecryptochart Updated 

Inverse head and shoulders appearing on the Solana chart so it is time to buy. SOL is the talk of the town right now but that is another story. What is the chart saying? Clear inverse head and shoulders pattern which is a reversal pattern. We are in a downtrend so the only way is up, baby, for you and me now. There is a key price level at 23. And based on the...

thecryptochart

Looking at Crypto. There is a nice ascending triangle forming in Enjin against USDT. With a price of 0.30 as entry and target 1 as 0.38 it would be a nice little 26% pickup with no leverage people. I would put a stop around that 0.2790 level In this market you need to minimise your downside Price = 0.3066 Target = 0.38 then re-evaluate based on RSI when you...

thecryptochart

Matic is setting a new recent high that was confirmed by RSI. It has just formed a nice bull flag. Stochastic appears to be turning up. All good news. Time to ride the trend with a short stop. RSI for high was 70 so new high for RSI . Slow STO is 53 so it has bottomed out above 50 which is a strong signal. Volume was 14M on recent high and 4M on previous...

thecryptochart

Shares ASX - Paladin. Paladin appears to be bottoming out. Possible double bottom. So we have a reversal pattern as a starting point. We then started forming an ascending triangle with resistance at 0.66. RSI on the triangle is stronger suggesting the triangle should breakout to the upside. We have a dragonfly doji recently also suggesting bullish price...

thecryptochart

I see a Wyckoff accumulation where the spring has just formed. It takes out the previous low in a swing failure pattern. When the peeps that were stopped out fomo back in we run up quickly. There is also a spinning top reversal on the spring supporting the Wyckoff theory. Love complimentary signals. For higher probability trade wait for SOS to form. Volume is...

thecryptochart

Crypto - Dogecoin - Doge has just completed a descending wedge. It has broken out. And now it has consolidated. Should be a solid entry point. RSI is higher on the consolidation showing buying strength. STO is low and ready for a jump. Volume was high on the breakout candle. The target based on the descending wedge is 0.11. Time to buy. Volume was strong on...

thecryptochart

ETH Bearish Divergence leading into shanghai fork. Eth is setting new highs on lower RSI. This is creating the bearish divergences. The stochastic is high so ready for a fall in price. Volume is low on the new highs as well demonstrating more weakness. Fundamentals. When the shanghai fork goes live on 12 April ETH 2.0 stakers will be able to sell for the first...

thecryptochart

Crypto - Doge against USDT. Wyckoff Pattern. SOS. Doge appears to be accumulating. We have passed the spring and are completing the the sign of strength. The spring is the lowest point in the pattern and the SOS is usually the best entry point. Price is currently 0.08 Volume is very low which is normal for a sign of strength. STOCHASTIC is 46 and has just...

thecryptochart

ASX 200 - Westpac descending triangle breakout. High probably pattern. Target is set at 21.60. STO is low so entry price between 22.60 and 22.90. Expect levels around the 20.60 level as a take profit. Volume: pretty low showing lack of support. RSI: The new low has been confirmed by a new RSI low of 34. STO: STO is low so it may be possible to enter a little...

thecryptochart

Henry Hub Natural Gas So we have a possible double bottom forming on natural gas. If price fell 8c more on the last low we would have a bullish divergence now. Throw in a spinning top reversal on the 2nd bottom, STO primed for an increase, weak volume and stronger RSI all things point to the sky. RSI: Relative Strength is 37 on the second low versus 25 on the...

thecryptochart

Netflix has a rising wedge that looks pretty much complete. We are at the high side of the pattern. STO is high so lots of room to fall. 5 bearish divergences showing the new highs are weak. Worth a short position. Volume is insignificant compared to the volume spike on the first high. RSI is 64 and is weaker on each new high. Buyers are running out of steam....

thecryptochart

Commodities - Crude Oil. We have a nice accumulation pattern. We have just formed a double bottom with a nice bullish divergence. RSI is lower so selling strength is weakening. As per my bio I like it when technicals and fundamentals align. Both China and the US have emptied their Strategic Petroleum Reserves. They need to refill them. China will reopen at...

thecryptochart

#crvusdt Curve Finance is one of my favourite Defi coins. it looks like the big picture trend is changing from downtrend to uptrend. This is higher probability trading as the underlying platform is solid and the technical is lining up. If not for the red volume candles this would be a lock. But still definitely worth a shot. Target 1 is 1.8 but there is a lot...