I’m no Sith, but BTC is absolutely breaking its ATH with its next push. If it can close todays daily candle strong, the chances of BTC moving up and breaking its all time high are very good. Would be the 3rd wave of this upward move so I expect it to be the longest one. If it does I expect an 80k BTC shortly after. 100k BTC this summer would seem...
I have a love-hate relationship with the Graph. It’s been in a downwards channel since reaching its ATH in February! It looked like it would break out just when the last BTC dump happened on April 18 and has been recovering since. Is this finally it? Is the Graph finally going to start moving upwards again? It appears to have caught a trend line that’s moving...
An idea I have for BIFI. Could it be forming a cup and handle? Still a little early to know for certain, but the signs are there. Still wildly speculating here, but this sort of jump is not out of the realm of possibility. BINANCE:BIFIBUSD
HOT looks to be making some moves and could explode in the very near future. Broke above resistance line and looks to have found support along this trend line. We can be seeing a strong bounce and then a measured move from here could take us up to .07… nearly 400% gains. The BTC chart looks just as spicy. Breaking out of a bull flag now. Measured move of...
BCD still respecting the previous ABC corrective wave pattern. Seems to have found a nice upwards trend line. Could be looking at a bullish break out. Targets based on previous areas of resistance. BINANCE:BCDBTC
CAKE has been taking a breather the last week, but could be ready to start moving again. It has multiple bullish signs. Still within this ascending channel since March. Bounced off the lower trend line, forming a bull flag and a hammer candlestick. If it stays within the channel we can be hitting $65-110 in the next of couple weeks, while a break above could...
The market has been exploding everywhere today. Was scanning through some charts and stumbled on DGB/USDT Full disclosure I'm not in DGB and this is the first time looking at the chart.... BUT This coin looks primed to explode. If it can break out of this triangle it can hit .20 which is nice. On the macro though a move out of this triangle would likely pull...
1INCH has been inching along so far. Still hasn't been able to break out and really make a move above it's previous ATH. Possibly moving up within this parallel channel. There was a greater downward resistance line that it seems to have broken above as well. Could this be the calm before the storm? Given how long it's been consolidating for there's potential...
XRP has been waiting in the wings while other alt coins shine, but it’s time may be near. It has been consolidating since April 4th. If it can break above the line of resistance I expect a strong move up for XRP. RSI looks like it will accomplish this soon. Next resistance/target area/targets above. Nothing game breaking. XRP just taking its time. BINANCE:XRPBTC
ETH has been stealing the spotlight from BTC and is leading the way for what appears to be an alt coin tsunami. Just looking at the chart ETH still has a ways to go before a potential slow down. I expect it to break out of the ascending broadening wedge it has been within and test previous areas of resistance. There's still a chance it has a small pull back...
DASH about to take off? Recently broke above an area of resistance it has been under for a very very long time. Appears to be completing a cup and handle formation. Runs very fast once it gets going. Could be a good time to enter a long position. Potential targets above. I hope you find this helpful. If you want more on potential trade-set ups or anything...
BTC moving within a parallel channel. Could the correction be over? A move above the heart-line would be a good sign in my opinion of continued bullish-ness in the near term and could see us making new ATH and possibly breaking back into price-discovery mode. A failure to break the heart line and retesting the bottom line of the channel could spell a deep...
Interesting pattern I noticed when looking at the 4 hour XRP chart. I'm sure others have pointed it out before. (Not the most precise drawings, but you should get the picture...) Last time XRP pumped it moved in a pattern of forming a bullish pennant than moving up approximately the same amount each time. Same can be seen with the correction. It will be...
A pet coin of mine as I love their platform. Chosen by Binance as one of 3 most valuable builders in a recent competition. Has good fundamentals and is one of the few DeFi projects that has yet to pump. Only 80,000 coins will ever be minted so can have prices similar to YFI. Had a major drop when BTC corrected last week, but appears to be recovering...
Someone call the police because CAKE has been killing it and it does not want to stop. As the premier DeFi project on the Binance Smart Chain, CAKE has been growing in leaps and bounds. CAKE already hit the $38 dollar target and appears to have another 2x or 3x in it before it slows down. At the time of writing CAKE is sitting at a market cap of 6.4B dollars....
1inch gave an inch and was taken for a mile by BTC. It looks to be punching back and making some strong moves. Still a relatively small market cap coin it has lots of room to grow and can start making noise in the DeFi space. Looking at the macro picture you can see 1inch has big potential. It's currently within a range that it's been consolidating within...
XRP exploding today. It looks to have seized the opening BTC gave with it's own rally and is shooting back up the chart. For a second it looked to be heading back towards the .86 mark but only touched .92 before shooting up. I drew a larger fib with the ATH of 3.84. If XRP can close the day strong then there's no reason it won't make it's way to the $2 dollar...
BTC with a big move last night. Could it be a false break out? If it can hold the upper trend line as support it would be a sign of a continued move upwards. A drop below could see us tumbling down and the bull trap would be confirmed. Would stay vigilant and not get too excited yet. Looks promising on this 4 hour chart though. If it can close the day near...