With multiple points of support #Radix #XRDUSD seems ready to breakout higher.
Depending how the crypto-market develops, I'm expecting FIL will breakout. FIL seems to have a strong base of support, tested multiple times. Now it's slowly moving to the line of resistance
The solama's are forming a cup-and-handle-pattern with a target around the $0.72 price-level
As you can see on the 15min timeframe there is a bullish pattern forming. DYOR because this is a high volatile meme coin
Previous highs are supporting the BTC price. Toghether with the lower highs it's forming a symmetrical triangle
Filecoin against Bitcoin is forming a multi-year falling wedge, which is a bullish pattern.
After a couple of days FIL was in a downtrend, the yellow channel. It's broke out and how there is some resistance, the orange drawings. After FIL breaks this resistance (orange) there will probably a retest before it can go (much) higher. RSI is also lowered a lot, so there's room to go higher imo.
As you can see on the chart Radix is slowly but steady making higher lows. Also en declining line of resistance.. The XRDBTC shows a multi-year descending triangle (check my idea at XRDBTC). The project has also launched a couple of bullish actions based on the #breakout2024 "project" as you can read here www.radixdlt.com Nice and bullish actions if you ask me.
As you can see the FILBTC-pair is moving out of the downwards channel on the 1HR-timeframe.
As you can see on the 1 Hr timeframe there is a falling wedge formed. It fels together with support on earlier price moves. Even the RSI has cooled down a bit. But watch out, on the 'daily' the RSI is still in the 'over bought' area.. Despite of that I'm bullish on Filecoin
Cup-and-handle formation for LUNCUSDT. This is a bullish pattern. You can draw from the bottom of the cup to the top. When it breakout there is a target of approx. 0.0004
Radix has created a nice fundament. As you can see there is a line of resistance drawn. Once above that line Radix has free space. Even when you look at XRDBTC you can see a multi-year descending triangle. These two together make me bullish for Radix
Take a look at this gigantic descending triangle. Will it break the resistance?
Let's see how Radix will go further now it's broke the resistance.
Filecoin is in a cup-and-handle formation. That's a bullish pattern. Together with the positive news of last week about the integration with Solana, Filecoin has a lot of potential!
Cup-and-handle formation on the 1Hr timeframe voor STXUSD
Radix is forming a huge descending triangle, which is a bullish pattern. Also the RSI is likely forming a positive divergence on the daily timeframe. Let's wake up the sleeping giant!
After a long period of accumulation you can see Radix / Bitcoin | XRDBTC is forming a falling wedge