Forming a bullflag on the weekly chart, this points towards a 0.105 ETH/BTC ratio. If BTC manages its momentum, it would not be unreasonable to see 6.5k+ ETH in the upcoming weeks/months.
Great coin, hoping for the game to be fun in 2022.
In terms of TA, this coin tends to have good volume, break outs tend to be good but now we are seeing bleeding from new local high's. I would look to enter along the 4 HR demand zone near 16.5-16.3 area and play with a stop loss below the wick in that area. We could see a very strong recovery from there and with...
Here we have a descending wedge on the ETH/BTC chart that I have posted about previously. We had the breakout from that pattern and succesfully flipped the 4hr supply zone into a demand zone. I think we will see great things for ETH in the upcoming days/weeks. If BTC maintains its bullish momentum, then ETH can push past several resistances on its way to the previous ATH.
Looking at VETUSDT on the lower time frame, seen as BTC and ETH have been pumping subsantially in the past few days.
What we see here is a broadening ascending wedge or "ascending megaphone" pattern. These tend to indicate a reversal at the top end of the wedge. Here I would look at the stochRSI and RSI to watchout for any possible divergences.
I believe we have...
TLM is a relatively new coin and I don't know much of the fundamentals but based on trend and pattern, it seems we have a descending triangle with a relative good risk/reward long on retest of a cup and handle/triple bottom setup on the lower time frame. We are re-entering from oversold region and looking towards 0.308 as the first TP. From there, 0.328~ and up.
This is a "journal entry" of sorts.
Here I document what I aim to do with a RUNE long x3-x10 leverage. Looking for re-test of the descending wedge trendline breakout.
People on twitter only want up, so let's take a look at BTC and see what scenarios we have in play.
Please note for the next section: I drew the fibs upside down.
We hit 42.5k, a major resistance and we pulled back (~40k at the time of writing), pat yourself on the shoulder if you shorted it. Since we have fallen out of the trend line formed since the 21st of...
Pretty sure everyone has seen this bullish flag on ETH/BTC daily chart and thought I'd chart it to get some more practice in, trying to recognize patterns and reversals based on stochRSI.
Hi guys, if you've seen my previous chart on VETUSD I wanted to update it and involve a little of the stochRSI. I've entered price ranges based on re-entry from oversold stochRSI up to re-entry from overbought.
Now if things stay optimistic from this point onwards, it looks like we have truly bottomed out and we are headed towards another re-entry from the...
BINGBON:VETUSDT
I am a VeChain enthusiast and think the project has great potential as a supply chain management application on the long-term. The project has partnered with industry giants including the LVMH group, BMW, Walmart China. Long-term very bullish. In terms of charts, this log scaled view outlines my ideas regarding the direction of the token. I will...
