Chiliz has been beaten down with the rest of the altcoin market as per expected, however we are at a very crucial/pivotal point in the price action of CHZ as the price has been encapsulated inside a range resembling a symmetrical triangle which can be seen to be as a bullish formation considering the flag it has formed on the weekly timeframe. In saying so, CHZ...
My trade idea which is awaiting confirmation Confirmation would be a breakout and retest of the falling wedge in play in regards to the RSI failing to put in new lows.
The hidden bullish divergence on Bitcoin's 12H timeframe showing early signs of an impending rally based on sentiment and on-chain metrics.
And just to add ADABTC has a price target of $5.90 without flipping the resistance to a support, this is very bullish.
Coti looks ready to explode upwards in a similar fashion to its last run up followed by a consolation into a cup. We could see this playout once again.
What we can expect to see: - 70k this November - Currently expecting a pullback to 54k - Overall healthy trend for a bull market, expect volatility
ADA is at the final battle that the bears have recently been winning, this key resistance will dictate whether we revisit $1.80 or whether we be on our way back to create new ATH's. Looking for a breakout to $2.27 within the next day or two.
Self explanatory, please see chart, I believe ADA will be making its way towards $4 in mid November :)
ATHs for ADA once the $2.33 level is broken, if we break below $2.11, we could be revisiting the lower $2 range and possibly another wick to $1.90. Elliot wave 3 commences once ADA closes above $2.33 from the ascending wedge we're currently in. I believe wave 3 will lead upto $6 ADA. Just my opinion, hope this helps someone :)