Are we're going to see $0.007 for Radix? The management team of Radix has to do something to pivot the sentiment
After a long period of oversold the RSI is giving some signs of a reversal. Together with the pattern on the chart there are probably higher pricelevels to achieve.
Will there be an alt season. I think it will happen. When? No idea. But it seems the BTC.D has reached serious resistance at this point. Let's see how this develops and what this will mean for the alts..
As you can see here, Radix - Bitcoin (XRDBTC) is in a huge falling wedge. A falling wedge is a bullish pattern. After years of waiting it will now probably/maybe(!) breakout. Radix delivers great tech and is therefore a very interesting L1 solution for DEFI. Check the RSI, which is now in the 80-20 zone. When you look at the yellow dotted lines you can see the...
Radix has broke the first resistance of the "tiny falling wedge". Now it's trying to brake the "big falling wedge". The yellow line is the target
With multiple points of support #Radix #XRDUSD seems ready to breakout higher.
It seems Solama is in an accumulation-zone between the blue lines. Volume is increasing.. I don't know how long this wil gonna take, but I think the Solama's are preparing their self to move (significantly) higher
There is a hugh triangle forming for XRDUSD. There is also a big line of support. Even on the XRDBTC-pair. XRDBTC is forming a big falling wedge, which is a bullish pattern. Low on the RSI as well.. This all, together with the request from the Radix community for listing the (e)XRD-token on Binance this can be a big opportunity for Radix to go significantly...
Take a look at this gigantic descending triangle. Will it break the resistance?
Depending how the crypto-market develops, I'm expecting FIL will breakout. FIL seems to have a strong base of support, tested multiple times. Now it's slowly moving to the line of resistance
The solama's are forming a cup-and-handle-pattern with a target around the $0.72 price-level
As you can see on the 15min timeframe there is a bullish pattern forming. DYOR because this is a high volatile meme coin
Previous highs are supporting the BTC price. Toghether with the lower highs it's forming a symmetrical triangle
Filecoin against Bitcoin is forming a multi-year falling wedge, which is a bullish pattern.
After a couple of days FIL was in a downtrend, the yellow channel. It's broke out and how there is some resistance, the orange drawings. After FIL breaks this resistance (orange) there will probably a retest before it can go (much) higher. RSI is also lowered a lot, so there's room to go higher imo.
As you can see on the chart Radix is slowly but steady making higher lows. Also en declining line of resistance.. The XRDBTC shows a multi-year descending triangle (check my idea at XRDBTC). The project has also launched a couple of bullish actions based on the #breakout2024 "project" as you can read here www.radixdlt.com Nice and bullish actions if you ask me.
As you can see the FILBTC-pair is moving out of the downwards channel on the 1HR-timeframe.
As you can see on the 1 Hr timeframe there is a falling wedge formed. It fels together with support on earlier price moves. Even the RSI has cooled down a bit. But watch out, on the 'daily' the RSI is still in the 'over bought' area.. Despite of that I'm bullish on Filecoin