Currently breaking the range derived from the 1D chart of the recent consolidation
We also have a pennant/a downward resistance trendline
Flips of these into support will be very positive
Also a flip of recent deviation high 23.2 would be bullish, and a good place to bid once passed
Not much wrong here, awesome project too is Cosmos Atom
Let's see how it and other...
Alpha is a brilliant DeFi project with great prospects
Chart looks damn bullish
We had major expansion where it found a top early feb
Moved to consolidation in this ascending triangle/range
1.867 has been the 1D resistance, close above and hold of that level and the breakout should be imminent
Previously we saw breakouts on this 'altcoin dominance' chart meant alts ran pretty damn well against BTC
E.g. DeFi summer 2020 where any coin with finance in its name would 10x
E.g. new year ape szn where 80% of coins 5x
I think the second example is not done yet though
Market just saw a massive correction in alts again and if this 1W candle holds the breakout...
ALPHA a very promising DeFi project but yet to fully release and have its services utilised by the community
Technically we have a movement to mid of high to low where we are printing equal highs and rising higher lows
Safest entry should be on retest of the flat-top
NANO is in a very low part of its weekly range here
Also the correction downtrend has now broke and retested successfully
Not much green volume yet but it should be safe to start scaling into this targeting 6.8, 7.9 as the current ATH and higher heights if market strength continues!
$DIA a decentralised information asset provides financial institutions with financial data
It is also open source, data and oracle platform for DeFi
Token also claims to be a governance token
The FA sounds brilliant
TA looks great too, close above $2.134 and it will be confirmed in the top range, where long term we can target $4.12
Not much else to say, bit of...
Close above the 0.618 would be megga bullish, especially if it wicks off the top line of the pennant
Solid set-up IMO lets see how it moves
As we said on Jan 23rd BAT is very strong fundamnetally being a decentralised browser named Brave
SCUSD is a similar story to SCBTC, only in this pair Sia has made a lower low and has a more impressive accumulation range.
Still the short term bull flag is similar and the play similar. Break below this zone = GTFO. Otherwise it may be a fun ride.