*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you...
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
The current situation: 1. An inverse head and shoulders pattern is apparent on the 1HR chart, with the neckline at about 3.45 USD and the measured breakout target to be at about 3.75 USD. Currently the immediate resistance is the 12HR 21MA, above which the price action has not closed above since September selloff. The bullish case: a solid 12HR candle close...
The current situation: 1. A head and shoulders pattern is apparent on the hourly chart, the neckline of the pattern is at about 3.17 USD, which is also where the hourly 21MA is. The measured target of the breakdown is about 2.87 USD, but there are a few moving averages below the current price action that can act as support. The bullish case: an hourly close...
The current situation 1. A descending triangle is apparent on the daily chart, which has a 53% chance of breaking upwards and the (conservative) target if it breaks upward is about 7.5USD. 2. Bullish divergence is apparent on the 6HR chart, but not exactly in oversold territory on any of the major timeframes so it can still go both ways. The bullish case:...
The current situation: 1. Price action had a double bottom apparent yesterday, 9/29, as highlighted in green, but did not end up reversing. It closed back on top of the 0.786 Fib level but did NOT hold. After, has formed a double to instead with the neckline at about 4.15 USD and a measured target of about 3.85 USD. The measured target of this double-top pattern...
The current situation: 1. Price action has formed a double bottom on the 1HR chart, which is a bullish pattern with the neckline at about 4.45 USD and a measured target of about 4.75 USD. Currently, the 1HR 50MA and the 0.786 Fib level (the gold line) are acting as resistance. 2. There is bullish divergence on the 4HR chart so it could be a catalyst for a...
The current situation: 1. A complex head and shoulders pattern is still apparent on the 1HR chart and price action has fell through the 6HR 21MA, which has been acting as strong support for the past few days since price action gotten on top of it. The neckline of the pattern is at about 4.7 USD and the measured target is about 3.8 USD. The next level of support...
The current situation: 1. Price action has broken out of the falling wedge and now has formed an ascending triangle subpattern. The measured target of the breakout from the ascending triangle, at about 6.5 USD, is still within the breakout range of the bigger falling wedge, at about 7.3 USD There is no other moving average acting as overhead resistance at this...
The current situation: 1. Price action had previously broken out of the falling wedge at about 4.3 USD with the measured target to be about 7 USD. After breaking out, the price action was rejected at the 6HR 21 moving average at about 5.4 USD. It has found support back at the 0.786 FIB level at about 4.3 USD. There is also a POSSIBLE head and shoulders pattern...
#UNISWAP TA Update:- 1. #UNISWAP now trading at 73098 sats, and converging into a falling wedge. Falling wedge ends with a Bullish move. So 1st Confirmation is Falling Wedge. 2. Also UNISWAP is approaching Demand Zone which is at daily support. The daily support level at 29552 is going to be tested 1st time, so 90% chances are the rejection. 3. There is a...
possible pullback to the green. broke down under the 21, if no break through to the up side the 21, i believe will have more downward action until the buyzone. then will grab some more UNI to ride the moon again