I found a new crypto gem called Dollarmoon. Currently trading in a sideways range, but a breakout of this range is unavoidable. I've done my research, and expect an extreme pump very soon. #DYOR
A few days ago I posted a chart from BLUR predicting the dump of BLUR. This is all unpacked. However, it seems that BLUR is making an inverse head and shoulders pattern. This gives room for a small pump.
On the 23rd of February, BLUR was listed on KuCoin. Some hype has been created because of this, but if you ask me, Blur will move to a more realistic price point around $0.90. No guarantee, but seems like a healthy move to me.
CSIX was listed on KuCoin yesterday. The coin was already live on Pancakeswap, and a dump after a CEX listing is not unusual in this case. However, looking at the chart's formation, a rally back to $0.22 seems like a very plausible scenario.
EGLD creates a perfect inverse head and should pattern. I'd be surprised if we don't shoot to $63.
To add to my idea from a few days ago: RNDR looks like it is creating a cup and handle pattern. This is an additional confirmation of the long trade idea I posted a few days ago.
With the current little alt season going on right now, RNDR is a gem. The first expected next target is around $3.2, but I wouldn't be surprised if this coin moonshots towards $10.
After last night's small dump (which seems more like a healthy correction around the 25k level) many people have turned bearish again. Personally, I see this as a legit entry point for a nice move towards the 28K level. Also expect a nice breakout for alts and a continuation of this little alt season taking place there. We can't call this a bull market yet, I...
We can see S&P 500 formed a head and shoulders formation on the daily timeframe. After it broke down the neckline it formed a falling wedge which in most cases causes a bullish move. Thats why i expect a retest of the necklink that has been broken down. Could start building up a long position here.
When I find a bearisch pennant in the charts I am often pretty sure it will play out, because 9 times out of 10 it does. When I combine that with the market sentiment for Bitcoin, I still expect a further dump for BTC.
Same as for BTC, doesnt look to well. I expect a downwards move here.
The upside move Bitcoin made after the direct dump in the support level makes sense, but I don't think this move can last. I expect another downtrend towards the support level.
After the breakout of both the trendline and the resistance, EGLD has entered an upward channel. A channel like this often breaks out downwards. It will also be healthy if EGLD retests the breakout of the resistance, which should now act as support. I therefore see a short opportunity towards a price value of $51.
After Binance Coin (BNB) got hacked for over 100 million dollars, we can see some pannic reaction on the crypto markets. Right now BTC is forming a bearisch pennant, thats why it looks like we will dump even further.
It seems obvious that BTC is about to breakout to 28k. The falling wedge I posted a week ago is breaking out and this will be the trigger for a small pump. Personally I long here (no financial advice)
After a long bitcoin downtrend, I expect this falling wedge to create a pump towards at least 28k in the long run. Keep in mind that lower prices can still be seen within this falling wedge before the breakout of the falling wedge will take place. Something to keep an eye on :-)
At higher timeframes, bitcoin has ended up in a kind of falling wedge. The top of this pattern is around 23k. I don't expect a 23k breakout, but a test of this level seems logic.
Currently, ethereum is in a bearish pennant, which is a clear signal of an even further downtrend. Looking at bitcoin reinforces that idea. Personally, I short here, expecting a bear market bottom for ethereum around $700-800.