But good opportunity to buy if it does bounce up from support. This coin is a consistent gainer at the moment even when other coins are going down.
Tip for day traders looking to sell UMAUSD at the moment.
COMP did break out above the top of the flag pattern, but the price has since dropped. If the price can continue to rise we could see gains of 160%.
UMA has the set up for a high and tight flag pattern but has not confirmed breakout yet. If breakout does occur above the top of the flag pole there is potential for a 300% increase in price. One worth watching.
Following the three rising valleys 3RV pattern Yearn Finance (YFIUSD) could see gains of 50% over the coming weeks.
AAVE did break out above the high and tight flag pattern, but the price has since dropped. The drop could be temporary, and the the expected move up could still happen. One worth watching.
Breakout from the high and tight flag pattern appeared to happen, but then the price has dropped - but not lower than the start of the flag pole, so the potential is still there for the graph to climb higher. One worth watching.
Following breakout of the three rising valleys (3RV) pattern on 10th February, the target price is now $0.69 with a volatility stop loss of $0.30. Potential gains of 73%. Best of luck with your trading and thanks for checking this forecast out.
KNC broke out of the high and tight flag pattern on 10th February but failed to continue momentum. Price is now heading towards the stop loss of $1.33 but appears to have bounced off the 21 day moving average.
The three rising valleys pattern has been detected on the BTC/USD pair, with confirmed breakout on the 8th February. This pattern gives a target of 61% above the top of the last valley, or $67,542 USD. The volatility stop should be set at $31,443. Best of luck everyone.
If the price can break above the previous high we are looking at a target of 55k USD based on the length of the previous leg up and the fibonacci retracement levels which both coincide.
Hold tight for the breakout from this bull flag. Come on Elon it just needs another tweet!
AAVE is a consistent gainer so far. How much can the price rise before we see a breakout of this ascending channel?
Perhaps WBTC will break off from the trend of other coins and get another pump upwards, with there being room on the Relative Strength Index (RSI) for more price increase before it goes into over-bought conditions.
I believe Stellar Lumens will see some correction along with the other cryptocurrencies that are mostly overbought right now due to the massive bitcoin rally, but the correction with XLM is only likely to be a small one. When RSI levels drop again it could be a good opportunity to buy back in for a profit of around 80%.
Only due to other major coins being very overbought right now I believe that Chainlink (LINK) will see a small correction in the coming week or so, before moving on upwards again. There is room for this coin to grow much higher I believe.
With the Relative Strength Index (RSI) for Bitcoin Cash (BCHUSD) being so high right now, I believe that we could see a correction of around -35% for bitcoin cash soon when the price retests previous support/resistance levels. However there could be a little room to see BCH rise in price in the next few days before that happens.