Bare in mind this is a risky trade as NEM has been copping quite a bit of flak recently. Apart from that, its actually looking like quite a good trade. Currently sitting on a very long uptrend. Also sitting nicely on support, with hard support not to far down below. Starting to see a restricting pattern of price action. Hoping to see a bounce to previous highs...
POWR sitting right on support at the moment and forming a nice bullish hammer. Could very much see a huge run here coming as long as BTC doesn't do anything crazy.
Hopefully we see a bounce off support here to previous resistance. We have the air drop coming up for SCRT which should add some buying pressure to push it through resistance. Even if we only climb to resistance then head back down, it will still be a 14-18% trade. Bare in mind this is a risky trade.
Going for a small bag of STRAX here for a scalp. Risky trade seeing as it is a very low volume coin, and is susceptible to pumps/dumps. Only picking up a small bag for a scalp trade, going long.
We've come to a good spot to take a position on UNFI. Just coming back down to the uptrend line, also sitting on a solid line of support. Forming a bullish hammer on the 4 HR right on top of support and uptrend line. As long as theres no big market dips coming up we should see this run very well.
Looking for a bounce on support here and a continuation of the long uptrend we've been on with COTI/USDT. I'll be picking up my position on the close of this candle as long as it holds the hammer formation on the 4 HR. If we bounce nicely here we should see a run to previous resistance which is around a 10-12% gain. If we can smash through that sell resistance...
Starting to see a nice setup for AVAX here. Bouncing nicely off the support line, forming a hammer candle on the 4 Hour. Also forming bullish hammer on the Daily timeframe. We're still in a very long, well held uptrend. There isn't much sell resistance leading up until the purple box. Potential for 20-30% gains.
Looking for a bounce on the very well tested, and long uptrend that we've had with BAND/USDT. Have a bullish 3 drives formation, coming down into the uptrend line.
Hoping for a bounce on the uptrend line on ATOM, up to previous resistance.
Hoping for a retest on previous highs and resistance. Nice bounce on tried and tested uptrend. RSI almost above the 50 line indicating an uptrend, STOCHRSI also turned to the upside indicating a reversal of the small but recent downtrend.
We could potentially see a run to previous highs / ATH for ADA. RSI has kicked up, Stochastic is still yet to follow. We've had a nice bounce off support with a hammer, plus bullish engulfing. Followed by bullish news of over 100 companies swapping from the ETH chain over to ADA. Not to much resistance around this level to blow through before surpassing the highs.