brendanwenzel

brendanwenzel

KCS is bouncing around inside this ascending triangle and the bounces are getting quicker. They started off as 6 days apart, went to 4 days and yesterday was only 1 day from top to top. This tells me it's getting ready to make it's move very soon. My price target is $6.90 when it'll test the previous all-time highs. My assumption is this will happen before the...

brendanwenzel

With Pancake Swap approaching the end of this triangle, my expectation is that it'll break through the top, get through that $10.60 resistance with little effort, find a little resistance at $11.80 and my price target is $13.50 by mid to late-week. The FUD from the hack is finally subsided and they are getting closer to having version 2 ready according to their...

brendanwenzel

I'm looking at the 1-Hour chart and it seems to be the perfect setup. We're hitting a solid support horizontal line at $19 almost where it meets the trend line support that's been extremely strong pretty much since the beginning. The RSI is in oversold area. This is too many BUY signals to ignore. Add in the overall bull market with the overall DEX run and this...

brendanwenzel

Short term: It's interesting to see how yesterday it hit the 50% retracement on the dot and now today it hit the 38.2% retracement mark and bounced up. Is this a bullish sign? It seems to be a confirmation that the trend up is still intact. Long term: I'm long Dao due to their tokenomics and the buzz generated with each new launch. Last I checked over half their...