Dear financial freedom seekers, Bitcoin is about to re-test the 200 Week EMA. Let's hope it holds, so that we don't see the kiss of the death breaking the 200 Week EMA. I see it as a possible scenario that Bitcoin comes back to the lower band and tests the 22,500$ level and keeps it's bullish trajectory within the upwards channel. The RSI is pointing downwards...
Little chart update, and your don't need to be a skilled chartist. Keep it simple, as you see only one sell signal on the chart while the price is moving for months in a downward channel. It is expected to test the lower band at 0.14$ where it will meet the 0.786 Fib retracement. After that it might test the upper band and push to breakout of it - probably not...
Dear financial freedom seekers. The Ripple (XRPUST) chart - currently trading at 0.437$ - on the Monthly chart on Binance looks quit bullish for me and is on the verge to break out out of the symmetrical triangle, which is often seen as a continuation pattern. I'd expect a power move to the upside given the confluence of several technical indicators: Steve's...
Dear fellow underdogs, Casper (CSPRUSDT) has been in a downtrend since it's initial coin offering (ICO) on Coinlist in May 2021. It has broken out to the upside out of the descending triangle. Steve's Power Trend indicator has turned bullish while Steve's Besr Market indicator also turned upwards out of the green bands. Next upside targets are 0.100 and 0.200...
Dear fellow underdogs, Technicals: Avalanche Labs (AVAXUSDT) on the weekly chart has recently formed a bullish pattern and has broken out of the fallen wedge, currently trading at 17.000. Steve's Power Trend indicator turned bullish while Steve's Bear Market Indicator is at the bottom and moving back into the green bands and turning up. Overall bullish! Major...
Dear fellow underdogs, Technicals: Avalanche Labs (AVAXUSDT) on the weekly chart has recently formed a bullish pattern and has broken out of the fallen wedge, currently trading at 17.000. Steve's Power Trend indicator turned bullish while Steve's Bear Market Indicator is at the bottom and moving back into the green bands and turning up. Overall bullish! Major...
Dear fellow underdogs, ADAUSDT since it's all-time high (ATH) was in downward channel. Recently it has broken out and Steve's Trend indicator as well as the swing trading indicator we're giving buy signals. Cardano is currently forming a base and consolidating on the background of a technical pullback in the are of 0.375 to 0.3800. An uptrend is forming. Next...
Dear fellow underdogs, I found another interesting chart and I am happy to bring it to your attention. Since the all-time high at 15.9$ innApril 2021 THETA is in a downward channel. Recently there have been signs of recovery and. It is close to breakout of the Descending Channel in the 1M Timeframe. In the 1W timeframe it has already broken out of the...
Dear fellow underdogs, I joined today and I am pretty new here. My goals is to identify coins that dropped substantially from the old ATH and have a strong product and community. The aim is to buy low and sell high by identifying undervalued gems. Persistence One (XPRT) is considered to be one of them. After reaching an all time high (ATH) at 16$ it is in a...
Theta has had a nice run up due to rumors with a huge parntership like Netflix, Youtube or Hulu. My best guess is that the top of the move is at 45 cents. It would be wise to take some profits and focus on buying back Theta by laddering in at 0,618 Fib level (1st ladder in) and 0,768 Fib (2nd ladder in) and 1,618 Fib extension just in case there is a deep retracement