Cardano broke out of it's Head and Shoulders pattern some weeks ago. We've seen a consolidating bullflag which stayed for some weeks. Finally ADA broke out of it and continues it's upwards move. Smart contracts are set for August this year which is still some time. Since we did not breakt fully through the nearby resistance we also could see a pullback before we...
Qtum had great news over the last week like partnering with Travala, launching a venture captial group in Sweden and the hard fork on April 30. That's why all our targets were reached and we did take at least partial profit. Now we see a retracement from a spike and are likely to see some support around 22-23$ which was the last resistance line. It also falls...
Ellipsis still has a hard time recovering after this huge pullback starting with its Binance listing. We give it another shot looking at the bullish Head and Shoulders. There is a small breakout below the 0.6 Fib which could be considered as a beartrap if we move higher. Our target still is 16$. It's a matter of time, so be patient. Basic rules: - Never buy...
Ellipsis started its recovery and was now pulled back from the midday overall pullback. Currently we found support at the 0.5 Fib level. If we can hold this level it suggests more upside movement. We still aim for 16$ so let's see and hodl. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for...
We did get our entry shown by the box. The Head and Shoulders pattern plays out as well and we are likely to see upwards movement. STRAX did hold very well during this midday pullback which is another bullish sign. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If...
Qtum did rally nearly 300% as expected. Then we did saw a huge shakeout all the way back to the 0.6 Fib level. Currently we recover and look for support around the 0.3 Fib level. We still have upwards potential so we hodl on. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged...
The Cardano special took place the 29th of April. We got introduced to the newest projects where 5Million Ethopian students use the Cardano Blockchain with another option for 20 million users if it succeeds. The price of ADA didn't care about this at all. So we expect further sideways trading as suggested as well by the RSI. We found support from the Fib over...
OneHarmony broke out of its descending parallel channel indicated by the yellow lines. According to Fib Retracement levels we even touched the 0.7 line to finally find some support. ONE then regained the important 0.5 Fib level and currently struggles to go beyond the 0.3 level. So the recovery is bullish while the continued drop of volume indicates less...
ONT did break out of the narrowing wedge in yellow. Since then ONT blasts off eyeing for new ATH. On the way we got a bigger pullback in April and according to Fibonacci retracement levels we've found support around the 0.6 level. Currently we are moving through the 0.3 level which indicates more upside movement. In addition the volume overall keeps increasing and...
NEO had a lovely 5x move before we now have seen a bigger pullback. Drawing the Fibonacci retracement levels we even see that the 0.618 level did act as support twice already. NEO also used the 0.5 level as new support to follow currently the violet upwards trendline. If we get some more volume we expect to see further upwards movement. Basic rules: - Never...
ELA started its recovery and currently successfully retested previous resistance as new support. This maybe takes a while but it will be worth the wait. Let's watch and hodl together. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first...
SUPER as a newly NFT project shows some volatility. SUPERFARM is around the corner and good news are coming in. The downward parallel channel has been broken. Currently it looks like we found support and even went through the first resistance. SUPER showed some trouble breaking the second line of resistance but this is just a matter of time. Basic rules: -...
AUTO mimics the movement of Ellipsis (EPS). We broke out of the downwards parallel channel and got a very nice volume increase. Currently we look for new support where we had our last resistance. If this gets validated we can expect more upside momentum. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged...
Ellipsis broke out of the downwards narrowing channel and responded with appealing volume. We aim for roughly 16$ so let's see and hodl. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like...
We see Raydium in an upwards channel and currently testing old resistance lines. If this old resistance turns into support we can expect some further upwards movement. As the biggest dex of solana Raydium could have a bright future ahead. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are...
LIT has seen some really badass red candles shortly before we reached our first target. Sometimes that's how it goes. LIT still is traded with low volume and therefore these brutal movements happen. We stopped closely to our "long term" support and hopefully get a proper recovery this time. Same old story, if you missed the previous entry be grateful for this...
FIRO just plummeted by 50% which is a lot. We are now back within the original rising channel and found support where we had previous resistance. If we can bounce off we can make this one green. FIRO still has a lot to recover since it's 2018 ATH around 125$. For everyone that missed the previous entry, you are lucky to get another one. Basic rules: - Never buy...
THETA is one of the best performing coins over the last year. We finally see some retracement and possible entries. The streaming industry won't back down and theta is currently the leader in the crypto space in this business. Short term it is unclear where we are heading since we also have bigger potential for more downwards movement. Basic rules: - Never buy...