Hello everyone! Head and shoulders pattern spotted on AUDUSD, last correctional drop includes 5-wave pattern, hence could be considered as a wave A of the correction, the level $0.77350 bears a strong resistance, hence that could be the end of wave B which is being formed right now. Enter here with a small SL or wait for the breakout of the neckline. Breakout of...
Hello everyone! Band protocol is a buy above 8.72. The pair has tested the dynamic support and is heading upwards. Closing of the hourly candle above 8.72 is very important, otherwise it might drop to 8.34 before another jump.
Hello everyone! Stellar has completed a pattern similar to Double bottom, however there is no impulse yet, the signs of a bull-run are very weak. Yet, still XLM is above the dynamic support and a static support of $0.28100. Alternative scenario is shown as well if it closes below $0.28100, it may drop to levels near $0.24500
Hello everyone! There is a possible double bottom pattern being formed on THETAUSD. The token is testing an important resistance level at 2.02, so far the resistance stays strong. The importance of this level is shown on the chart static resistance and the dynamic resistance which once was a support. For that being said, I highly recommend to long above 2.05 or...
Hello everyone! LTC as we all know is one that mostly shows surprises when the market is calm, just like today when the market is bumpy and some alts are gaining heavily, LTCUSD remains steady. Wave theory and Fibonacci applied on the chart demonstrate that Litecion might drop lower, although there is a support which is holding it from doing so and there is a...
Hello everyone! Looking to long AAVE above 121.600 and follow the target of an ABCD pattern. I think the uptrend is not over yet, might want to test the bottom line of the channel first, that would give us a signal of the trend contination.
Hello everyone. Stellar has formed an ending diagonal on an hourly chart. XLMUSD needs to stay above the $34.5 support to continue the bullish run. There are several resistances up ahead which may halt the uptrend, however if the bullish sentiment remains, we shall see 43.5 and even 44.0
Hello everyone! I'm thinking that DeFi impulse is yet to come and we will see higher highs of DeFi tokens. Starting with Aave, I don't think that there is a double top pattern on AAVEUSD as the right top is higher than the left one, so it rather makes a wedge. Nevertheless, the impulse looks stronger that the previous and the dynamic support may be broken, the...
Hello everyone! There are two inverted head and shoulders patterns on ALGOUSD. I think the dip of the price of this token was at 0.2221 in this time-frame, meaning the level I mentioned is a great support and the pair is heading upwards.
Hello everyone! FETUSD is testing an important resistance and is inside a triangle. Hence I'm thinking that it will break the resistance soon enough and will test the upper edge of the triangle. Take a closer look to Moving averages, both 100 and 200 touch an important candles, that boosted today's uptrend. Good luck!
Hello everyone! Cardano is waiting for a breakout which will confirm the bullish uptrend. We still believe that during holidays, crypto market will jump high. Wait for a breakout watch for supports and resistances and the channel levels. Happy new year!!!
Hello everyone! Zilliqa is following a wedge pattern and is now testing the lower threshold of the pattern. Long signal is published for testing and educational purposes, not a financial advise
Hello everyone! Elrond is still in correction and the December 28 candle has closed at 0.618 Fibo level of the December 22 drop. That means that Elrond may continue downwards if doesn't close above 26.374. Whether it looks that December 27 uptrend contains an impulse the wave formation is yet to confirm the bullish price action. Currently EGLDUSD is above the...
Hello everyone! Theta is out from the dynamic resistance and is heading towards previous highs (see chart) Long here or wait for the confirmation which is a pullback, retest of the dynamic resistance as support.
Hello everyone! Looking for another buy opportunity here Two levels to watch: L1: 0.79270 Major static and dynamic support L2: 0.89970 Major dynamic resistance, Fibo 0.618 The pair is still above the support and MA100 and 200. The drawings on the chart are to replicate the expected ABCDE correction movement inside the triangle, though no confirmation yet, like...
Hello everyone! Altcoin market crashed yesterday and today there are signs of another bullish movement. Polkadot is in a triangle and I believe it's time to buy, though there is a strong resistance at 4.8750 thus buying above that level would be smarter choice.
Hello everyone! Good to see the crypto market recover after a heavy downfall. When Global markets go to sleep, the crypto market which never rests shines. Here is another very possible jump of one of the altcoins - Stellar Lumens XLM. The pair has tested the lower edge of the expanding diagonal, hence should jump now to test the upper edge.
Hello everyone! Zilliqa's recent shake off was anticipated, I was waiting for the retest of previous highs as support and here it happened so I'm going long on Zilliqa.