Although the slight upward trend over the last several weeks is hopeful, we have not seen an engulfing candle on the weekly chart. This could still be a bull trap ready to go to $30K.
XYO is continuing to head down with the market. I'm expecting it to bounce when it meets the lower Bollinger band or support between $0.031 and $0.033.
With a bullish inverse head and shoulders pattern despite the recent market events, I'm expecting MATIC to get to $3 in the next quarter. Also, Nexo is offering up to 20% interest on MATIC, so I bought today.
I don't think the drop is over. We may end up consolidating around $45,200 before heading back up, although $40,200 is possible. Hopefully, BTC won't breakdown significantly below $40,000.
I just invested in more XYO for at least a swing trade because it's currently bounding off several strong support lines in XYO/ETH. I'm looking for it to go to 0.000014 ETH in the next week, possibly 0.000015 ETH in the next month if it breaks out of the flag.
The drop in the crypto market today is scary, but BTC so far is staying in a flag. If BTC drops below $54,200, the next major levels I'll be watching are $52,000 and $47,000 to avoid a channel dropping to $40,000.
TRX is suffering from a lack of confidence exacerbated by the news this week that eToro would be removing trading of TRX for US users. (www.etoro.com) If TRX successfully bounces in the next couple of days, it could reach 0.114 in the current channel in the next couple of months or 0.14 in the next quarter. The next major levels to watch are .067 with recovery to ...
There was a emall pop up over the holiday as families got together and were convinced to invest, but Black Friday sales arrived and people are spending or selling crypto for gifts today. Now that BTC has broken down out of a major channel, I'm expecting it to bounce at ~$51,000 before reaching a new ATH. $71,000 is possible in the next quarter if it continues to...
The Crypto.com technical improvements and marketing are paying off. I'm expecting CRO to reach $1 in 2 to 6 weeks.
If BTC goes below $55,000 in the next couple of days, it's likely to go to $50,200 in the next week.
If ETH falls below $3900 in the next day, it's likely to go to $3600 or lower in the next week.
ELON has broken up out of a flag. If this is a double bottom, It may go to 0.0000045 in the next couple of weeks.
I'm happy with an 11% profit on an XYO swing trade this week. I expect the next entry to be around 0.64 with a bounce to between 0.78 and 0.84.
I've been interested in MANA for a while. It had a recent pop from the metaverse news and is settling back down. It looks like 2.0 may be a good price point for buying in since it seems to be in a falling pennant, but I think it will do well in the long run.
OMG did pop up, but it's being converted to BOBA. On 11/12/2021, the snapshot for the BOBA airdrop will begin. If you're still holding, bridge it to the BOBA network or move it to a participating exchange. Information about the airdrop is avilable at boba.network
CRO's recent efforts in marketing, blockchain improvements, and additional exchange listings are pushing it toward new highs. It has the potential to grow like several of the other exchange coins have in the last year. Note: I am staked for the Indigo card.
OMG may capitulate down to between 11.31 and 12.74 in the next month because the current momentum is downward. However after the transition to BOBA for governance, I believe that it is in a strong bullish pennant and will reach over 20 in Q1 2022.
BTC is experiencing a normal pullback from ATH. It's still in the narrow and wide channels. If it does fall out of the narrow channel, I would look for a bounce around 57100, 56000, or 54000.