This idea will be labeled as bearish but it should it be noted upfront that I am bullish.. just not at this immediate moment. But I am closely watchful due to the fact that HEX has bullishly engulfed and formed what might be a tweezer bottom candlestick formation on the 4 hour time frame, which are technically seen as reversal patterns. HEX seems to print these...
Consider buying OMG with a hold until Aug. Or Sept. She's getting super tight here.
OMG is a buy here with a SL at $3.50 and a target of $4.02-$4.10 IMO
MATIC i think the crash has been canceled here and would expect MATIC to turn here out of the Very complex correction since late May. Confirmation would be a break of top TL with volume around $1.20
MATIC unable to get any follow through again, as a long term holder this is dissapointing, so my analysis shows we are still in a strong bearish trend
OMG hourly looks to be finished 5 waves up and is currently working though B wave up b4 the c wave down which should hit my $3.34 target. (but no way to be sure) OMG 4 hour is showing that we just finished W1 and are either done with W2 or will soon be. Then W3 targets shown in the chart.
$MATIC I would say that this probably won't happen, because $MATIC is currently very oversold but would be nice to scoop some cheap quality #altcoins to add to our stack #MATICnetwork
SKL working through a larger wave 3 impulse. Based off my H1-H4 analysis EW minor wave count, the current structure suggests we are in sub wave 4 and entering sub wave 5 which based of the length of W2 &W4 we can project a price target of .40c to .61c as part of the intermediate wave 3.
Hello Traders! I hope everyone still has their money after the bloodbath, as most major Cryptocurrencies have entered and reacted to INSANELY large Bullish setups. Here on Ethereum, we got two very strong dumps that eventually reversed and closed above the Macro Entry Zone, which is a VERY good thing. While there is still a lot of price action needed to be...
I just stumbled up Revain's (REV) chart and holy cow. It almost reminiscent of how Dogecoin's chart looked before the Wallstreetbets pump and Elon Musk Doge tweets. Pretty much just completely flatlined trading sideways since the bottom of the 2018 bear market and still has not risen with rest of the market. Just looking on the chart Revain has enormous upside...