Most coins have a wider gap between tenkan and kijun on weekly. When they come together like this, bulls or bears generally try to defend the cross as it is there for the taking. SOL just defend it and is currently crossing above price. SNX has been holding these range levels for months while rest of the market dumped. Might be ready to take it back and start...
JASMY has been in a clear consolidation for months now and once again testing the lows. However, the Gateio chart is showing something interesting on the volume. I do not see it on other charts. IMO, the GATEIO chart is the best for JASMY as it has all the history compared to others so I feel this volume indication is prudent. Since it has been months in this...
I like where APT is. It dipped into monthly liquidity and has now put in a nice bullish structure on the LTF with this great 12H candle to pickup the lows. Targeting FVG above would put in on the breakout of the falling channel and we could see a move to fill the monthly FVG around 6.75. If that FVG turns into a bull flag in the zone... continuation.
Everyone has been pointing baout the LTF Reverse H&S pattern possibly forming, but do you see the rest of these HTF patterns? Bottom of possible triangle, triple bottom on support, adam and eve structure. Now the real sauce is when you flip over the the BTC chart seen below. It is grinding to the macro resistance diagonal. I think long here even with the...
As mentioned by many in tradingview, Jasmy has bullish divergence all over the chart. One more wick down to test that key low might be in order before up. Macro adam and eve in play. Bids are set.
Matic clearly breaking down right here with a great FVG down to .60. Newly formed weekly 200MA coming into play in the zone. .60 has been a crucial level as you can see from the wick low of July 2021 and the neckline from the most recent dip below. Finally, we see the macro diagonal SR giving crucial support at .60. Beautiful chart.
We can see on the higher time frame, CHZ putting in a series of higher lows. Seems that volality is just starting to pickup on the lower 4H and 1H time frames. The BTC pairing has just recently tapped the lows of the weekly order block. Not a bad place to enter long to take it back to the top of the range.
Retest of the weekly tenkan with other HTF supports including 3D that closes today. SNX has been ranging in this zone for weeks so could see it finally break out and complete the move to 4.80ish.
A lot of people are waiting for the verdict against the SEC. Decided to dig a little deeper and backtest the 2W. If we review the 2W chart during April/May 2022, we can see the tenkan dive through the other emas just like it has recently done. We also see that once price closed over the 10sma, there was a quick move to the 55EMA. Will history repeat itself? ...
ETC on the verge of a major breakout and volume is coming in. No brainer if this breaks.
Matic has been leading the charge during this entire bear market. It has put in this nice rising wedge pattern since June 2022. Recently, we saw it make the move to the monthly tenkan around 1.60 but the bulls could not reach the top of the rising wedge pattern which is technical weakness. We have now tested the bottom of the wedge and I can see the potential...
Delisted Binance US. Looks like possible weekly rejection here.
Pretty clear S/R on the macro structure for DOGE. Easy invalidation and easy to exit in either direction. Personally, taking a long here.
Classic falling wedge onto HTF support. Could see a fakeout down to test 2W and other supports around $9.80 before the move up.So many of these newer coins like to test the wick highs so wouldn't be too shocking to see a massive move on this.
Historically, look back at the the weekly 10sma crossing 21ema with price above and it is very bullish. In addition, on major 2D and 3D supports that have proven excellent support and resistance in past. Price quickly moves away from those supports after testing. Could still get a wick down but looking for close over weekly supports. Bids ready.
2 month chart closing today. Anything over 2.95 and this coin should have legs to run.
VRA has been one of the most bullish and it should continue here. Looks like double bottom on 12H cloud support. Could see a move to retest the highs which is 4D cloud resistance.
Link had a great 12H close while the rest of the market dumped. Been in a weekly consolidation for a very long time on support. Looking for a break up to at least fill the gap to 11.50 if not much more. When we see weakness in the market, buy the strength. Let's GO