An interesting low liquidity fractal on MEXC. Let's see what plays out.
So, this one has tested patience, undoubtedly. There has been delay, after delay, after delay. All that being said, let's look at some potential clues in the charts. On the weekly, we are closing in on (likely today) another stoch. RSI bottom. On the daily, the Bollinger bands are pursed hardcore and there could be some, potential, bullish divergence taking place....
Head and shoulders on the daily. Target on the chart. Probable dump incoming and likely will coincide a large move down for gold and silver.
Potential falling wedge, weekly. Near term entry targets below in green.
Massive, potential, falling wedge on the daily. Bullish bottom and crossup on the Stoch. RSI, weekly. If that don't light your fire your wood's wet.
Ascending Triangle or inverse head and shoulders. Either way, TRAC seems like it could be close to a breakout and trend reversal. Keep an eye toward this one it could really move hard in a short amount of time...
A fresh look after additional consolidation. Stochastic RSI is position for a move up.
Israel conflict/geopolitical uncertainty causes short term spike in price of gold. An overwhelming victory for Israel over Hamas and the other Iran proxies will, undoubtedly, relieve these trepidations and, thusly, the price of gold. I would suspect this is being reflected in EQX's price action and expect this to result in a retest and potential rejection of our...
Rising wedge. 60% of these break down. Confluently, the monthly stochastic RSI is topping and the monthly RSI is screaming overbought. I expect a possible and highly probable drawdown of 7-13% over the next 6-9 months. Nothing is for certain, however, so please exercise sound risk management.
This indexer project for BTC will be the governance token for TRAC-BTC. Accordingly there will be staking with lockups all with a supply of 21 million supply. The lead dev. has announced plans to do buybacks as revenue increases. This indexer has first market mover advantage and has partnerships with BITMAPS among others. Present MCAP 7 millionish! 500 million...
Looking a little toppy on the weekly. Could move up a little more before the move down. As always, practice good risk management.
I don"t know what else to say...Weekly candle (eeek) and your momentum oscillators are looking exhausted. No outcome is certain so practice sound risk management.
I suspect things might be about to get out of hand for this hidden gem. Potential Bull Pennant on the daily. Could break any moment. Which way...Which way...I've got my bet placed. As always, practice good risk management.
Potential falling wedge. The trend is your friend, as they say (of course until the end...). I think a lot of folks are expecting this to come way down and that is a possibility. However, there are certain data points that suggest alternative possible outcomes. As always, nothing is for certain so manage your risk.
Going out on a limb on this one, and taking some liberties, but I saw this has never had a post before and I wanted to be the first. Possible ascending triangle. This is Kaspa the fastest POW coin, period. It's founder's (one of which is a Harvard educated computer dude) who's work was cited in Ethereum's original whitepaper. Potentially, game changing tech:...
Symmetrical triangle still playing out and every touch brings greater validity to the, potential, structure. Speaking of touches it looks likely that we will revisit the ascending bottom trendline once more before we make another attempt at breakout. This could be the last great buying opportunity before lift off, should it occur and succeed. A reminder that,...
Possible symmetrical triangle. Targets on the chart.