I have been extremely bullish on Swipe (SXP/USDT) for a while and even more so with several upcoming events such as the token burn in August 2021 where the founder of Swipe, JL will burn 10M SXP (currently worth over $25 million) from the Founders unlock. JL has recently burned a whopping 50 million SXP tokens (Valued at $200M) which decreased the total supply by...
DOT/USDT looks very bullish on the daily timeframe as it looks to breakout from a 3 month long consolidation zone spanning all the way back to February.
My targets for taking profits are highlighted on the chart and are situated at the following respective fib levels:
TP 1 at the 1.618 fib ($61)
TP 2 at the 2.618 fib ($82)
TP 3 at our final target just below...
SHIBA INU aka SHIB is a pioneer in decentralized community building. The Shiba token is an ERC-20 only token and can remain well under a penny and still outpace Dogecoin in the long term according to its founders.
Nicknamed the " DOGECOIN KILLER " it has already amassed huge popularity worldwide and is already up thousands of percent.
As of today...
XLM/USDT successfully broke out from the inverse head and shoulders pattern it formed on the 4h time frame and is now looking to break upwards past it's ATH and push towards my first TP target at the 1.618 fib extension level ($0.87). Thereafter we should see a second leg up towards the $1 level which will be a large psychological resistance. Once broken, our...
BAT/USDT successfully broke out from the inverse head and shoulders pattern it formed and is now looking to break upwards past it's ATH towards my target of $3.
It will be interesting to see how this plays out over the coming weeks ahead with May being a historically bullish month for altcoins. Be sure to follow me on TradingView to stay updated and for future analysis.
GRT/USDT just broke out of inverse head and shoulders pattern, looking to break upwards towards it's ATH and beyond $3.
The Graph (GRT) hosted service surpassed 20 billion queries in April as Web3 usage reached new highs, representing an explosive rise in dapps and Web3 adoption.
This weekends flash crash may have halted the breakout for OMG, however a retest of the weekly 20 EMA and initial breakout zone has successfully played out providing a confirmed bullish setup for the weeks ahead