Illuvium is one of those "promising" gaming coins. Now let's take a look at a long-term perspective. The first triangle (wedging) pattern played out. Now it's been a while and it formed another one. Very similar scenario if you go on a 1D timeframe. Only time will tell us if it's ready for another rally to the upside.
UTK xMoney went below this support box & 200 EMA it’s now our resistance. With a small probable pump till this supply zone, there is a chance to go inside that accumulation channel once again. Or it can go straight down. No predictions - only probabilities.
FX GBP/USD pair moving slowly inside this rising wedge pattern. During Bank Holiday on the 15th, I am not expecting any massive volume in the market.
RIO Realio Network token is for the high-risk enthusiast. It formed a bull flag and it seems that is preparing for another leg up & mid. rage is holding the price strong. But maybe that's enough? Fundamentally speaking... The price from the previous breakout pattern went over 400%. This is crazy!
XRP Ripple is squeezing. Almost forgot about it. Forming higher lows and lower highs. After every bullish setup price pumps but it cannot pump & reach higher highs. At the current moment, it formed a channel/flag. Keeping my eyes on this setup. Looking for an upward breakout.
BTC Bitcoin at the current moment from a bullish market structure transformed into a bearish setup. It's ok for me because I can start building my SPOT positions on some crypto pairs/assets. If this bearish Ascending Channel will be respected and plays out the #Bitcoin can restest $35k- FWB:31K levels approx. again. Stay safe fam!
ETH Ethereum is inside this ascending channel. The market is overheated and a pullback would be a logical thing to see in my eyes. This setup is invalid if the price won’t close below this support/resistance box. Always #DYOR.
TRX Tron has the potential for another leg up. Still looking strong and from the point we started it went only 32.19% in total. I believe it can go even higher.
WOO X continues its rally. It formed a bull flag. There is a probability of seeing another rally to the upside.
$FRONT #Frontier looks bearish at the current time. Despite volatility, it formed an ascending channel. You can call it a flag. If we gonna get ETF rejections or some fake news again this setup has a probability to play out. Be safe, because in my eyes market is unstable with all that hype.
Weekly #Forex Idea on USD/CAD. Formed a bearish flag and keeps rejecting this first SPL Box. We are very close to the Weekly Magnet Zone. It might suck it back to the bottom.
NASDAQ:STX #Stacks is wild. Haven't seen this kind of rally since 2020-2021. I believe this is a ticking time bomb. Be careful with your long positions. The price increased by 263.01% in total from the point we started
CRYPTOCAP:ETH #Ethereum like every other coin formed the same bearish structure. Everything looks choppy at this moment. We formed another consolidation channel, but only time will show us if it plays out.
CRYPTOCAP:INJ #Injective formed a bullish flag. I’m rooting for more of the downside, but who knows. Money volume is decreasing. Short/Sell positions are invalid if we are gonna break above this resistance zone.
TVC:XAU #Gold from $2062 went down to $2039 after this call (-1.55%). I still believe that it has more room to go down. Today we have major upcoming news. Be safe!
#Badger DAO formed a bull/consolidation flag. If it can break through this massive red resistance zone there is a potential to see another leg up on the price.
EURONEXT:ALGO #Algorand looks bullish on 1W timeframe. One of my channels was broken and now it's time for a second one. We need to break through this resistance zone to see another rally upwards.
NASDAQ:OP #Optimism is going through its all-time high period. If this ascending channel on a higher timeframe plays out it is possible to tap out on a 6-7$ level.