Chart speaks clearly, I'm currently in UMA, 1INCH and ZRX and all are either exiting a correction or they're out but still quiet. I suppose that this is a phase of the market and very soon all these coins/tokens will start pumping. This one is a good project, the moment it awakes again it'll do well I think. SL at 139.57
I've drawn the green path because price has been testing the upper level of the wedge the whole day so it's a possibility. I'm pessimistic so I think it'll be yellow. Just keep in mind that , because 0.5 Fib level is very close to the apex of the wedge, price could do one more swing and then break out. Target indicated is the minimum expected, it could go up more.
Use the yellow dashed lines as supports, stop loss at 231.55USDT
Ok, I've entered back 1INCH at 4.85 following the 5min chart I can't post here. I thought it would have retraced back to 4.78 but, as always, I didn't want to miss the train. As usual I should have trusted my TA, it touched 4.78 and bounced back. I think this can be the break out. I admit this is a very early entry so it might also go down to retest the wedge so...
So it's the falling wedges season again.... first 1INCH, now XRP. The pattern structure is pretty clear I think, the volume profile shows the price at which there were the most entries so to be bull we must close 2 candles over that line. To be sure I'd wait for the price to test the upper resistance (yellow dashed line). I've drawn 2 possible patterns, the...
Last night BTC dumped dragging the market with it, UMA included. This changed the chart pattern into a big bull flag. Yesterday I had checked UMABTC pattern which is less important than the stable coin pair and it was already in a bull flag, so now they both pairs have the same pattern. Now there are 2 possiible ways out: 1) volume spikes bringing new liquidity...
Last night BTC dump messed up my trades, among them 1INCH. I've just exited at a loss of 0.7% because I've identified that after reaching the target I had set in my previous TA the market dump dragged 1INCH into a falling wedge. This is not completely bad because at a certain point the wedge will break out and 1INCH will pump again. If you are in profit or your...
So, it's been two days since NANO started retracing so I expect that from current price (5.97 at the time I'm writing) and 5.66 it's a buy zone. According with TA rules it should reach 5.66 so if you wanna play safe wait for that price to enter. Target is on the chart. Safe SL is 5.45 Recently bull flags have behaved weirdly not pumping much so I would suggest to...
BTC is in a symmetrical triangle, a pattern which usually breaks out upwards. Should this happens the risk/reward ratio for the chart to reach the indicated target is pretty good as you can see, HOWEVER, as very often happens in such cases there's a bearish DIV on RSI so it's not sure it'll go up. IF by the time the chart reaches the triangle resistance the RSI...
1INCH is +4.6% since my previous signal, I'm sharing this one because I think it can go up much more. As a matter of facts it didn't go up as much as I expected but now it has formed a bullish wedge in the breakout so, when this one break out again, it should pump much more. Being close to the end of the wedge this is a perfect time to enter if you're not in...
while almost the entire market is red POLS broke out the ascending channel you can see in my TA. If it behaves according with TA rules the target is the one I've indicated.
BTC is currently retracing dragging alts price lower, I've just switched my BTC left for ZRX because it seems to retrace much less compared to BTC. The chart pattern is promising as the project itself. If you looks the weekly it just raised a bit from the bottom so it should have a lot of room to go higher. Worst case scenario it retraces but much lower of those...
So basically BTC has broken downwards the price are at which there were more transactions since 3PM (UTC+1 timezone) which I also indicated with a green dashed line and it's called Point of control (POC). Major POC is instead over current price which means, for the moment, BTC retracement is confirmed. At this point the yellow dashed lines are all possible...
I've noticed that lately many coins/token which should break out and pump usually breakout, then create an orizzontal channel (here you can see it as green dashed lines) and after about a week start to go up. It happened with XLM, with IOST and now I think it's happening here. If we go over 34$ the pump is assured and should go up more than my target, what we need...
If not today very soon it'll go up, in the last 2 days DEX token were kinda quiet, as soon as other coins stop the bull run DEX tokens will awaken again. Moreover the social engagment for this token it's pretty high and recently its performances where good. I've jsut entered.
At 1h and 4h timeframe the bull flag has turned into a triangle while at daily timeframe it's still a bull flag. I personally would prefer it would work as a daily bull flag because the potential target would be sooo good but meanwhile I wanna stay realistic and watch at the more possible gain: the triangle! Target is shown on the chart. Notice I've drawn the...
I've tried to do a video idea but I don't know why I couldn't upload it. Anyway I wanted to explain why I was bullish on this last night. I'm the first victim of my last night idea because I've entered between 33 and 34USDT but it was a false breakout, moreover on my defence it was difficult to foresee that BTC would start behaving like it did last night (UTC +1)....
Target is clear from TA, it rested a while after a long run, I'm in for long term with this coin but I think ti can do very well even in short term.