YFII is the fork of the hottest crypto on the market this year, YFI. As expected it came out of the gate hot, but quickly cooled off. The price has corrected 62% in just 2 days. There is serious volume going into this coin. I do not anticipate it to match that of its big brother, but the price can move quickly. And if you are vigilant and time your entry right, it...
Get on the Neo Train before it leaves the station. Strong bullish continuation since August and the price has held up this entire dump. I think the price is ready to take off! I'm long here.
Consider this long position here. But be mindful of Bitcoin because it could ruin this trade.
BTC has had some bearish price action since hitting $12,450, which is cause for concern. A key move was breaking out of the pink ascending channel to the downside. Bitcoin appears to have found support for the moment, but has a head and shoulders set up which could take us to $10,000. I will be looking for reversals around the $11,700 level to enter my short....
If this pattern repeats, this could be a great long entry. I'm long here.
MCO has broken out of its descending channel and is on its way up. Bullish price action, bullish MACD, and the price has cleared a clear resistance level. I'm long here.
Hey team! As I was charting on the different time frames, I wanted to give my thoughts on the bullish, bearish, and neutral scenarios of Bitcoin and what it could mean for the market as a whole. BULLISH SCENARIO First, let's start with the bullish scenario and point out the obvious bullish triangle in blue. Notice how I placed my support lines on the candle...
Love this buy! Hodling for the long haul!
I'm short-term bearish here. I found this fractal and it appears to be holding true for the time being. I see the divergence in the MACD as well. I think BTC might fall and catch support around $11,450 and try to retest overhead resistance. If this pattern from May continues, we may watch BTC breakdown to the bullish uptrend since $3780. I'm in USD until BTC...
I like this position Walton finds itself in. Looking at the 4-hour chart, Walton has made some nice gains the past couple days and is showing a bullish continuation as it catches support on previous resistance. I haven't committed to this trade because I think BTC is at a key level and could affect WTCBTC's price action with its volatility. But I'll be watching...
I noticed a head and shoulders pattern within the bullish BTC pennant. While everyone is FOMOing with lambos on the brain, this could be a key indicator to break from the crowd and go short. I will be shorting a breakdown of the lower support with a target price of $10,300. However, I am waiting for a confirmed breakdown of support to commit because the price...
I think BitTorrent is poised to make some very serious gains. The BTTUSDT chart has already broken out beyond resistance. With a bullish daily MACD and OBV, I'll be watching for a breakout beyond the pink trend. A long entry here could give you 4x gains if our target is hit. With BTC and the alts turning bullish, BTT might have its day here soon.
DOGE has broken out of its falling wedge after precisely hitting the .786 Fib retracement level. This looks to be a great second chance opportunity to enter if you missed the first pump. The 4-hr MACD shows a bullish cross as well. I will be looking for a high volume pump.
I like this setup for Walton on the 4H time frame. We can see the price action has been making moves in July. It broke through the orange descending channel two weeks ago. It continued on to break the neckline, and has since confirmed it as support. I think this is a great second chance opportunity to enter long. We have a bullish cross on the MACD , which remains...
I really like this set up for Enjin vs BTC. The price action has been moving within this ascending channel since 2019 and recently confirmed support, giving us a nice bullish continuation setup. I outlined an inverse head and shoulders set up in green. It actually looks like we already broke the neckline and completed the pattern, but the price has returned back...
Tezos had a bullish breakout from its falling wedge pattern within a larger pennant. I'm looking for growth to the upper boundary of the pennant which is about a 27% gain from here.
Lumens broke a key level last week at 900sat and hasn't looked back. It appears to be continuing to the upside. There's very little resistance before 1250sat so it might move quickly. I'm long here.
Power Ledger is shaping up for a big breakout on the daily. We can see a beautiful pennant formation testing overhead resistance, which has kept the price at bay for almost 2 years. I think if it breaks this resistance, it will do so with POWER! So get ready!