Here's a very nice setup for AAVE, which has some very bullish developments taking place with AAVE pro.
I expect a pretty easy payday here, though we're nearing retracement on the RSI so expect to grab a quick dip for even better gains.
Looks like MTL lives again and is very likely to put up massive gains from here.
The chart is showing a tasty cup and handle formation, with us just breaking out of the handle now.
You can't really see it on this chart because the earlier volume spike was massive - but we're getting decent volume on this...
CHZ is the flagship sportsfan token - with partnerships in a variety of sports most recently the UFC.
The chart is looking prime for a huge growth spurt. a series of breakouts - a bullish gartley - a double bottom. These are very good things to see on a chart alone, together they are excellent signs.
Buy some CHZ and enjoy the profits.
UNFI is showing strength against BTC with higher lows after breaking out of a long term downtrend.
Seems to be facing rejection at every climb thus far but buy volume is still beating sell volume considerably, suspect this will make it's break through sooner rather than later.
I would buy at this current level for a long term position with very reasonable risk reward.
BTS is looking like it's ready for an absolute monster leg up.
BIG breakout with volume confirmed on weekly timeframe into bottomed RSI and a bullish butterfly on the daily timeframe.
Suspect we'll hit over $1 in the next 3-6 months.
The elephant in the room first - Why do I keep bringing up these charts? Well they are acting a weird way. and weird stuff tends to mean something is happening outside of the norm.
We've started to see a rapid decline in active shorts on Bitfinex, which coincides with a bounce in btc price.
If we look back at the last two spikes - We see clear patterns in each....
Looks Like an Easy play on CHR in the works with volume taking us into a bullflag breakout.
NFT sector is moving like someone store is so don't feel bad taking the low hanging fruit.
Catch the retrace or market buy now and be a little patient should be an easy pay day for us.
Looking at BTC 2H chart, looks like a clear downward compressive channel.
Could be a nice shorter term play into the next retrace - as I don't believe the correction is over QUITE yet.
But we're close. So play the range because it's so clear and make some money while we wait for the next big adventure to moontown.
So we can see a breakout on the daily market cap chart, we also have the GreyScale BTC unlock coming up this week. coincidence?
Well - maybe not. We see that Longs have stopped growing, this is somewhat odd and generally points to a short term reversal coming.
Likewise our shorts are beginning to build.
I would expect...
Taking a Look at the overall market capitalization for crypto - It looks like there's a couple of interesting things happening.
First a Bullish ABCD , this is good. Second is an upward wedge which we are currently retesting the bottom of - also good though our overall position in the wedge could be more ideal.
The wedge we're in ends in the next 2 days - meaning...
Let's take a proverbial breathe for a second and look at the big picture in this time of turmoil.
proportional to the 2017 bullrun, we're sitting in the same growth and retracement areas representative of the first wave of the bullrun.
in 2017 we saw 1k% gains after this point over the course of 154 days, followed by further alt growth in the weeks following...
MTL is showing a massive breakout currently, and with an airdrop coming up for it - and the bank push still in the air, now is the time to get on the rocket.
Clear volume confirmed breakout into a retracement. Lots of room to grow across the board.
Should be a textbook payday on this movement. Don't miss this one.
Crypto is on the rebound! And the sun is shining through the clouds. But lets take a look and just see what we're looking at before we get too excited.
Historically, May and June are pretty poor months for BTC - keep that in mind for this analysis.
First off looks like our bullish bat on BTC seems to be holding solid, this would imply some upside is in the...
After a weekend typified by extreme amounts of FUD, looks like the lights have started to shine through the clouds and have illuminated that crypto does indeed still exist. But for how long? Are we going back to 10k? Will everyone lose their life savings - AGAIN. Let's look.
But first, let's discuss the whole dump thing to get some context. It seems at this point...
Looking at the TRX 1D chart, very interesting textbook harmonic seems to have shown up for the correction, implying there's a LOT more growth left for our dear Tron.
Are the bulls still in control? Will crypto disappear from existence? Who knows
Analysis for this one is on the chart, because I felt like mixing it up.
As anticipated, ETC is going absolutely supernova.
I expect this same movement to be completely by much of the market in the coming weeks. Assuming crypto doesn't blip out of existence or something.
Anticipating a retrace at this point around fib 2.72 though...
Looking at the current daily chart it looks like we could conceivably overwrite the previous bullish butterfly and get out a lovely bullish shark instead.
This would need us to retrace to 40k, but the good news is if we retrace to 40k, our next likely stop is 72k.
What does this mean for Alt Coins?
Well we're in an interesting spot. If we check out BTC...