A successful back-test of this trend line could mean further upside. This is looking like a good long term commodity bet. Countries around the world are starting to see Nuclear as the best green alternative to coal. We are already using more Uranium that we are mining.
$REP has flipped the white trend line to support and is in the process of re-resting it. This might be what we needed to get it over the resistance at $45. If it can flip that to support, we can start eying $50
Link has been moving up nicely the last few days, and the RSi has just gone positive on the 1D. Keep an eye on this for a move back above the blue trend-line to continue upwards. Rejection means we might back-test test the support again, and it it fails we will move down. Depends a lot on what BTC is doing too. (Not financial advice)
Tezos has moved up at last and has found support above USD4.6. This could the moment for the big move up. (not financial advice)
EOS is looking better and better. (Not Financial advice)
Looking at the daily chart, I feel that BTC needs a strong move up. We are facing 3 red weekly candles in a row which won't be good for the bulls. If we fail to regain the top green box, I see us testing 54150 and if we loose that, 51250. If we flip 57500 into support my target is $70K
I think this looks like a good time to buy. It's just a mater of time before it breaks out and tests that high again. (Not financial advice)
We have the makings of what might be a triple top forming. So exercise caution longing this pump. Or at least watch 31.5 for a reversal.
$DOGE has broken upwards out of a symmetrical triangle pattern, and has re-tested the top line on the 4hr. This looks bullish. I'm expecting more upside.
We're below resistance of the 0.236 fib as well as that blue trend line, so I'm cautious to long until I see a successful re-test of the blue trend line. Safe trading
After testing the weekly support $LINK has bounced back quite nicely. It has also tested the long term trend line (orange) and has moved up from there. I'm looking for an upwards breakout from the purply downwards channel today or tomorrow.
It looks like BTC has retraced back into the ascending channel Waiting for the next 4 hr to see if it tests the channel and moves up to test the mid-channel
LINK is at the top of the channel. If we break-out and retest the channel, we might see nice upwards movement. or a move back downward to test the support around $34
ETH is now testing previous ATH, and the mid of the upwards channel. If this resistance becomes support, we should continue the move up. RSi is positive on the 4hr.
Good news is that we are above support at 0.38c and this bullish pennant has formed, offering up the chance for XLM to continue its move up. Just watch for the test of the Pink line before you go long.
During that retrace, ETH briefly tested the bottom of the parallel channel it's been in for a while. Buy up has been strong, and it looks to be heading back up again. RSI not looking that strong on the 4hr. So watch for confirmation before longing.
XML is above a strong trend line that is acting as support. But hitting its head on the 0.38 high from 2018. If we can flip this from resistance to support, we're moving up.
Chainlink is staying above the orange trend line and is in an upwards channel now. If it holds, I expect the first target of $33 to be hit