AR has beaten expectations for it's falling wedge breakout. It is the storage solution for Solana, so I guess it has been dragged along with SOL's massive run. Most likely scenario from here IMO is that the market will treat this move as the C wave of a massive ABC correction from the project launch, with a target of around $80. This would represent bearish...
A very interesting chart. One of the first projects to integrate AI into blockchain architecture so that it is self-learning - possibly the first project. They have been building for seven years and the chart suggests a token accumulation since this time. Current breakout target is $20 but the resistance trend line is quite steep so we may actually just be in wave...
This is probably just going to $15 in a straight line. Breakout of inverse head and shoulders on the chart above but also a breakout of a five-year accumulation bullish pennant that you can't see because if the lack of history on KuCoin.
Matic has broken out of a bullish pennant accumulation; possible buy zones on the chart if it dips again, but it might not. The ETH trades are next and the upside target for Matic currently sits at $9.5 unless the chart breaks down.
Weird name but great project; survived two bears; stunning chart...
Just an idea for a short-term trade; buy in the zone if it plays out. I am also thinking we could drop to as low as $13.5 - $15.5 or carry on up! I think AR is probably going to form a long-term ascending triangle and revisit the highs before correcting, but this is pure speculation at this stage. Great project with great tokenomics; dangerous to fade IMO.
Beautiful bullish pennant from GFT giving a clear target of $0.1 - be aware it might fall short of this; I would sell around 0.98 for a clean 4x. Doesn't get much clearer than this...
Beefy Finance appears to have broken out of a descending triangle; targets on the chart. I think this project is OK; it has no VC backers to dump on you but it is at the risky end of DeFi and could get hacked or rendered insolvent and go to zero any time.
Kadena appears to be in the process of its final move up as part of a first wave expanding wedge, with a minimum target of around $6.65. This chart is actually very similar to the Arweave chart but earlier. There was a brief pause just before $2 to shake out the more bearish traders but I think this resistance will not hold. The expanding wedge may be the A wave...
Short time frame view of LEVERUSDT pair to optimise entry; could just carry on up from here but may also be forming and expanded flat correction pattern with a possible low of around $0.19 before taking off. Moves after flat corrections tend to be explosive...
LEVER appears to be nearing completion of a nearly two-year long bullish pennant; expect a vertical breakout soon with a target between 0.00125 and 0.0025, depending on whether you count wicks or bodies. I have used a line chart to clean up all the random wicks and make the pattern more apparent. This idea is made more likely by the expected ETH ETF; the ETH...
Arweave broke out of its ending diagonal and is now nearing completion of the starting wave (1) of a new impulse. My target for the end of this expanding wedge is $15-18 - $18 is the technical target of the wedge breakout but this will likely be manipulated (higher or lower, depending on the leverage positions) because its so obvious. I'll hazard a guess that it...
I think ALGO is a great project but I know it has been a frustrating investment journey. I believe we have completed an ABC correction off the launch price and now we are in the first wave of a new impulse to new highs. The target of this wave is the 0.382 retracement (around $1.19) from the B wave, which was a zigzag correction. I think we have completed wave 1...
Decentralised cross-chain reputational data? I don't wan't it, but the institutions do. Hasn't been part of a bull cycle yet, has a market cap of GETTEX:13M (undiluted) and is completing a beautiful falling wedge accumulation... Probably nothing.
Just a good looking chart; breakout target around $65-70;
Great project IMO, with long-term potential. Looks like an inverted triangle impulse wave 1 is forming, with the final wave (E) expected to reach a minimum of $40, but could over extend as far as $60. Overall move is likely the B wave of a larger correction IMO (could definitely be wrong!) and I expect it to reach $150 and possibly go all the way close to the 2021...
Beautiful inverse head and shoulders playing out for RAREUSDT on Binance with a price target of approximately 0.3154. Price has also wandered past the 1.618 Fib circle and this usually indicates a trend change (upwards in this case).
I am currently successfully trading OM and thought I would share my current TA. The high time frame (HTF) wave 3 is yet to complete in my opinion and I am waiting to exit the wave 5 of 3 around $0.41 but I don't think the wave 4 of 3 correction is complete and this target may therefore change (only lower). This was a difficult chart to analyse due to the wave 1...