#solusdt - Solana has broken out of a symmetrical triangle and is now in an uptrend. Based on the triangle we have a nice target of 58 which is a good 60% return. Everything is lining up. RSI is higher so the buyers are in control and STO is low so the price can have a nice rise. Get long but only with a stop in this ugly market. RSI has improved from 28 to...
Crypto #maticusdt - symmetrical triangle breakout. Quick 30%. Matic has broken the neckline of the ascending triangle. STO appears precarious but RSI confirms the new high and buying volume bars are dominating. The market is not fixed but there is a possible 30% trade on the table and worth a shot. You could possibly raise your stop to 0.59 in this market to...
#btc update. Crypto has become the land of bullish divergences. Sadly only on the 4H chart. So we are likely to get a short term pump. But the daily chart is still ugly so dont go in guns blazing. Volume = green volume bars are dominating RSI is higher on new lows so sellers are running out of steam. Fast Stochastic is at 18 so we have room to pump. Target 1...
Crypto ZRXUSD. Zero X has just formed a cup and saucer pattern. The handle looks like a sign of strength. STO has bottomed out. So keep a tight stop but some sensational potential upside. Volume. Large green candles on buying volume. RSI confirms new high and is holding above the 50 level. STO is 22 - Bottomed out and ready for a bounce. Current price is...
CRYPTO #ETHUSDT - Support resistance flipped an order block on the back end of a bull flag. RSI is higher so looking good. STO has bottomed out. High probability setup for good outcome. Volume is dropping. RSI is higher at 50 so selling strength is weakening. STO has bottomed out at 28 so good time for a bounce. Current Price 3,280. Stop Loss...
CRYPTO - BTC has support resistance flipped this 42,736 order block. It is part of a bull flag. RSI is higher. STO has bottomed out. Time for a nice run. Volume. dropping so standard bull flag action. RSI is 46 so selling strength is weakening. STO is 10 so bottomed out and ready for a bounce. Current Price 43,810. Stop 41,980. Target 1 = 53,600
#cryptocurrency #NEARUSDT appears to have completed an ascending triangle and is now support resistance flipping it. Nice high prob trade. RSI is confirming the new high. Volume - Green candles are dominating. STO - At a high. Could be a bit of a bull flag. Buy Zone - Based on RSI somewhere between 12.50 and 13 dollars. Stop loss 11.80 Target 1 = 16.20
CRYPTO ETH - Breakout of descending broadening wedge. Upper downtrend line has been breached and we have higher lows above it. This is what I have been waiting for. STO has bottomed out. RSI is higher on the recent lower. Volume still some red candles but green could be taking over. Target 1 = 3680. Stop loss = 2790.
CRYPTO RFOX - Breakout of descending Broadening Wedge. RFOX has been through a wyckoff accumulation that has been completed by a Support Resistance Flip of the upper downtrend line. This is what I have been waiting for. STO has bottomed out. RSI is higher on the recent lower. Volume still some red candles but green could be taking over. Target 1 =...
CRYPTO - PYRUSDT - Ascending Triangle. But not just any ascending triangle. We have just gone through a mini wyckoff accumulation and we are in a sign of strength. Good times. I have been watching this since it was at 25. RSI is looking good. Volume is falling as the selling weakens. We have had 3 recent bullish divergences reinforcing that we have...
CRYPTO - VRA - Wyckoff Accumulation finished. Another sign of strength after a long accumulation. Green volume candles are taking over. RSI is rising. STO has bottomed and indicates a bounce. Computers says BUY. Volume. Volume dominating on green bars. RSI - Selling strength weaker on new higher lows. STO - Bottomed out time to head back up. Price =...
CRYPTO ETH SOS (Show of strength). ETH has been setting higher highs and higher lows. The volume is low in the SOS. The green candles are dominating. The trend is now our friend. Volume - Low on selling. Higher on buying. Looks good. RSI - Higher on each higher low so weakness in selling and strength is buying. STO - Possibly a little more downside but...
CRYPTO - NEAR - Triple bottom. Selling is weakening. Massive buying pressure around. Triple bottom. Time to fly through to 11.50 to start. Volume - A massive green candle showing interest is there RSI - higher on each new low showing selling strength is weakening. STO - Bottomed out and ready for a bounce. Buy at 9.25 Target 1 is 11.50 Stop 8.50
CRYPTO - BTC - Ascending triangle on weekly chart. The markets appear to be on edge. The ETH chart is not ready yet. But BTC has an ascending triangle which is a higher probability trade. Volume - Falling like you see in an ascending triangle or bull flag. Which is good. RSI - new RSI high on last price high. RSI lows are setting new highs showing...
CRYPTO - BTC - Inverse Head and Shoulders. Volume - We have green candles dominating. RSI getting stronger on each new higher high and higher low. STO - Bottoming out suggesting BTC about to bounce. Current Price 58700. Target 1 = 64K. Stop loss 55,800
CRYPTO - SLP - In July 2021 SLP went overbought and started a large sell off. It has been sold off aggressively since. On 21 Sep it went oversold. This is what caught my attention. There are two large green candles that have large volumes which shows interest is there. The selling pressure is weakening which you can see in the rising RSI. STO is falling to...
CRYPTO - SOL - Rising Wedge is a reversal pattern. As a minimum I would lock in some more profit. Volume and RSI weak on new highs. STO heading down. Volume. trending down but still enough green candles to keep it heading sideways. RSI - Def weaker strength on new highs. STO - Just rolled over and heading down again. Target 1 = 201.
CRYPTO - YFI - Yearn Finance. Inverse Head and Shoulders pattern. This is a reliable reversal pattern people. The right shoulder is almost complete. There may be a little more downside that could almost create a triple bottom but I think the strength in the RSI is indicator that now is the time to get long. Volume - Not much doing which makes me sad. Would...