Djawad_Afsharirad

Djawad_Afsharirad

The price is in an ascending triangle, which is a bullish sign. EMA50 and the floor of the triangle are acting as strong support. The price has been in an accumulation phase. Call me crazy but my target is 1.618 FIB extension. B Bands are well-prepared to showcase expansion. Send it!

Djawad_Afsharirad Updated 

"Waves" has been an intriguing case for the past 3 months. While the market was taking a plunge in a devastating manner, "Waves" was stuck in a range. Now the range is broken and about to be confirmed. EMA50 and MA50 are perfectly lined up. RSI has room to grow. Bollinger Bands have started expanding and the median line is retested and now acting as strong...

Djawad_Afsharirad Updated 

Technically, KSM is poised to commence a rally towards previous ATHs. MACD is showcasing a bullish cross. Stoch RSI is divergent and bullish. RSI has room to delve deeper into overbought territory. Volume is significantly higher than the previous rally that was kickstarted back in February. However, fundamental analysis dictates that "Buy the rumor! Sell the...

Djawad_Afsharirad Updated 

SXP is visibly climbing a trend line. It has been respected a few times. MACD is showing divergence in the positive zone. In fact, SXP has stood its ground although the market is shaky right now. We might see a retracement, but it will be a step backwards to leap upwards. RSI is cruising around in the overbought zone, so a minor retracement is not out of the...

Djawad_Afsharirad Updated 

I am expecting a shift in momentum. At least that is what MACD suggests to me. Is a breakout towards the upside impossible? Nope! However, it seems the less likely scenario. The bowl-shaped formation at the bottom spells nothing but bullishness. The same could be applied to the volume. Golden crosses between EMA50 & EMA100 and MA50 & MA100 indicate bullishness....

Djawad_Afsharirad

To begin with, Volume is weak, but I am looking forward to an uptick. The cup-and-handle formation has been in the works for more than 3 months, which speaks to all the pent-up energy this coin has to offer. The resistance zone is designated in red. A breakout and retest, and then a close above the red zone will confirm an entry. MACD is poised to showcase a...

Djawad_Afsharirad Updated 

We can see an ascending triangle supported by a cluster of EMA20 & EMA30. The price action is in a consolidation phase. The second explosion is incoming IMO. This trade could garner a profit to the tune of 40%.

Djawad_Afsharirad

Dear Traders! Hope you're having a blast! I'm gonna cut right to the chase. Matic is exhibiting an inverse H&SH pattern in the daily timeframe. MACD is divergent in the positive zone. RSI has room to grow although it is entering the overbought zone; history shows that RSI was usually rejected in the range between 82 and 89. MATIC is staring up a stiff resistance...

Djawad_Afsharirad

MACD is about to avoid exhibiting a sell signal. In fact, what MACD is exhibiting is quite bullish: a divergent pattern in the positive zone. After a consolidation phase that has lasted for nearly 3 months, REEF is on the brink of an explosion with the help of a bowl-shaped formation at the bottom. My alert is set for 0.3172, and as soon as a breakout takes place,...

Djawad_Afsharirad Updated 

An important trend line was recently broken, only to confirm that the plunge is over. As you can see there are two important levels that are designated in red. If THETA manages to flip the first resistance zone into support, the commencement of an uptrend in my opinion is confirmed. Volume is strong, and MACD is showing a divergent sign. RSI has room to grow to...

Djawad_Afsharirad Updated 

DOT reached the depths of $10, and everyone gasped in awe. Now, the price has returned to median levels. With the rounding formation at the bottom, DOT taunts a parabolic move. We might be stuck in the range of 20 - 25 for a while. If the price dips near 20, I won't hesitate to buy the dip. However, if we don't dip near that level, I will wait to open a safe trade...

Djawad_Afsharirad Updated 

XRP offers the most reasonable R/R at this point; however, don't overleverage. Volume is gradually picking up. MACD is having a bearish cross in the positive zone; however, the context suggests it might reverse soon and showcase a bullish cross. RSI is slowly curving back up near the median line. The bowl-shaped formation at the bottom is an enormous bullish sign....

Djawad_Afsharirad

MACD is exhibiting a buy signal. We can witness an Adam & Eve pattern, which is bullish. An uptrend seems to have started, and the volume flowing into the market confirms that. RSI could easily explore higher grounds. Buckle up folks!

15:17

Djawad_Afsharirad

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Djawad_Afsharirad

BTC right now is in a mode where a retracement seems technically reasonable. MACD is having a cross in the daily timeframe. Volume is not sufficient to drive the price action up. Spot buying is lagging behind futures market, and this situation is usually followed by bearish price action. However, there are some positive things to expand on. We are going to witness...

Djawad_Afsharirad

The price action is in an ascending wedge, which is a bearish sign. In case of a breakdown, the region between 2890 - 3000 is a major support area. EMA30 & EMA50 are clusters of support the price can count on. They might come to save the price in the major support zone just in time. However, if the price manages to break out of the ascending wedge to the upside...

11:21

Djawad_Afsharirad

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Djawad_Afsharirad

SKALE NETWORK has recently reached an important milestone. Dapps are now officially building on SKALE, and it is an official bridge to the ETHEREUM blockchain. SKALE intends to improve efficiency on the ETHEREUM blockchain and reduce transaction fees. Technically speaking, the trend line in black has proved to be a stubborn resistance and hammered the price...