ENJ chart looking so ripe! Let's get into the chart straight away! Pattern: We can observe that a MASSIVE bullish falling wedge is forming and ENJ has been retracing for the past 3 months (in crypto world, it feels like forever) and has finally finished its retracement at the 23.6%. Indicators: MACD: Bullish and great momentum building up RSI: Still have so...
Let's get into the chart! Pattern: ONE had a huge 3rd Wave movement previously and has completed its 4th corrective wave. Now I think it's ready for the 5th Wave. After setting its ATH , ONE has retraced and bounce back up at the 50% level (311 sats) and now trying to break the 61.8% (231 sats). Indicators: MACD: Possible bullish crossover RSI still...
We had a good trade previously and now we might have that opportunity again. Let's get into the chart! Pattern : After setting its ATH, PHB has been doing what a normal coin would do = a healthy retracement. It has retraced into 23.6% and 38.2% zone and now hovering in this zone. Indicators : MACD still remain bullish RSI still have plenty of room...
Let's see the chart! Pattern: After the previous parabolic rise, MATIC has been retracing healthily and has been retesting the 50% retracement several times and has bounced back up each time. We can safely say that this is a new support (290-300 sats). However, do take note that usually a parabolic rally up would be followed by a deep retracement (between...
Is it another pump and dump case? We don't know but the charts don't lie (except if whales are involved. Geez). Let's see the chart! Pattern: We can observe that a bullish symmetrical triangle is forming. And it has bounced back up at 50% retracement and we will see it testing 78.6% (311sats) Volume: Volume is diminishing = Quiet before the storm How to...
TFUEL has been on parabolic since its listing. Let's see what the chart says. Pattern : TFUEL has been retracing quite deep (down to 38.2%) and has bounced back up at 38.2% and then it has been trying to break the 50% retracement which is also the EMA10. Doji morning star (bullish reversal) can be spotted at the bounce level Indicator : MACD:...
BTC tested the suppport $7850 once and BOOM, as expected, breakout with good volume. The first breakout candle closed at after almost $600 up. As for now, we'll see BTC heading to $9300 level since not much of a resistance now, maybe at $8900 but I think it would be easily broken. Next levels to observe will be $10100 and $11300. Let's enjoy this rally! :)
Let's get direct to the chart! We can observe that a bullish pennant is forming which suggest that a breakout getting ready. Or is it? BTC is actually giving mix signals and it is very confusing which require us to observe BTC movement very closely for the next few days. Keep a close attention on the supports $7800-$7700, if this breaks, we could see a big drop...
As it's time for a correction movement for BTC, majority of alts are bleeding. For TRON (TRXBTC), it is almost reaching at its 2019 low. However, this is an opportunity to do some shopping! Buying range: 520-530 sats Stop loss: If close below 503 on daily or weekly Target Profit: T1: 588 T2: 680 T3: 745 T4: 817 Great setup and amazing fundamentals coming,...
After the surprising BTC pump yesterday, the alts are back now starting to turn green. Technical Analysis: SKY has tested a major support of 0.000250-260 for the past few days and it has bounce back up gracefully. Below are the resistance, and for me it's the profit target: T1: 0.000308 T2: 0.000326 T3: 0.000463 T4: 0.000524 Best entry: 0.000250-260 Such a...