Again we are talking about xen as it has real potential. Price has now but in what appears to be a higher low after 90% retrace of it's 10x pump. Macro structure now has a higher high and what is hopefully a higher low. Price will probably enter a sideways range but the developing sideways accumulation range has 80-100% spread. This is a 6hr line chart with...
ETH and BTC have been up against macro resistance for 3 weeks and both have finally began to reject. If the trend continues to the down side the levels marked are expected rally points along the way. If the diamond pattern continues a bounce at some point is likely from the 1850 or 1810 area to 1900-1925 area. Anything farther raises the likely hood of...
Xen has certainly taken quite a beating over the past few months but the fundamentals that created it's previous rallies still exist. Now that price has retraced nearly 100% of its previous 10x rally it appears to be forming a descending wedge that will hopefully brake to the upside. Hopefully see some action in the coming week or two.
After a nice pump on bullish news for link it is setting itself up for another nice move to the upside if a bullish flag forms and brakes to the upside. Fundementally the news of cross chain liquidity pools is in the works and has buyers bullish. There is also a fairly nice fair value gap below that corresponds with the current uptrend and golden pocket retrace...
Looking at a 4hr line chart for ETH we are currently at the bottom of an ascending channel and once again facing decision time for it's next move. Price is impossible to predict but we can certainly predict high probability zones for accumulation, distribution, and reversals. Personally I clearly have a bias to the down side but can not igore the ascending...
Looking at a weekly chart for ENPH it appears that prices is currently attempting a brake of its down trend since December of last Year. Currently price has been consolidating a sideways range that inevitably will brake one way or the other. IF the market is TRUELY bullish we would expect this trend to brake and price to rise to the top of the value area and...
As the lite coin halving is approaching there is some potential bullish price action building on the chart. This is a 4 hour line chart with a clear wedge falling right into a local golden pocket at a known past support level. It is impossible to predict a brake out date or price targets but high probability time frame would be by the tip of this wedge on August...
This is just a one hour chart for BTC watching to see if will lose this upper range and start heading down or is there a enough buy orders to support the current price. Should know soon as it is stuck in a very tight consoliation that will be forced to brake trend one way or the other. Still leaning to the down side but if btc brakes to the upside it will...
BTC on the 4hr chart appears to be possibly forming a broadening wedge. As price has been in a fierce battle to hold its current range a brake below the range will not be automatically bearish. If price can hold the lower trend line of the possible broadening wedge it may actually signal a bullish continuation pattern. Traders should also expect fake out...
As the market begins to show signs of weakness at macro resistance a lot of assets are looking at a possible retrace if BTC fails to brake above 32k. Looking at the daily close line chart of Render a 50% cut brings price right into typical technical levels for a macro "bullish retrace". So far we can see that the long running up trend has broken to the down...
Sol has had a very nice pump to the upside but is starting to look like it may be ready for a pull back. Looking a 4hr chart it has made it all the way back to its previous high but has wicked back below and is looking a little toppy. Currently even a "bullish" pull back to the past support area and next trend line down is a nice 10% potential move with a clear...
Just a thought? Xen appears to be in sideways accumulation This would represent a possible time line To trend up it needs to brake out of consolidation first
Still short and staying that way until the charts says different. When rich men are advertising on tv they have goods to sell Trade well.....
Is BCH ready to dump. Really no body knows for sure but following the technicals it is at macro resistance and on the 4hr. a lower high, lower low, and now a lower high. Invalidation will be a brake and hold of the high. A liquidity grab just above the high is certainly possible but to invalidate it needs to hold. If it can reclaim the highs more upside...
BTC is once again testing the most recent macro high and braking trend to the down side on medium time frames with daily high time frame divergence. This is a 4hr line chart showing a clear rejection at past resistance, followed by a brake of trend with a hard sell off. Currently price is coming back up to retest this brake of trend and if it fails to brake to...
Xen crypto is certainly a different project. Xen launched a little over 6 months ago in the middle of a bear market on nearly every block chain a token can be created on. At first its pupose was relatively unknown but it soon became apparent that xen was to be a freely distributed gas token for a new and extremely powerful layer one block chain of its own. To...
Still accumulating in what hopefully is a good level for xen. Still volitle still low liquidity still high risk but also still high reward. This is just a short term hopful chart that xen has reached a bottom and if so we should see a sideways accumulation range that at least retraces the majority of the last pump. If so trading the range may pay well. If...
Pulse chain has been in the making for a long time and once again Richard Heart is indicating launch will be very very soon. Specifically any time in the next 6 days. As soon as the announcement came out we already seen a nice little pump that retraced quite quickly. There seems to be a battle between holding tokens as the market sells off to get the pulse...