If we can maintain the breakdown and back test that is sure conformation of a drop to 7.25
This is an absolutely fantastic opportunity on PHA right here, right now! The stop loss for this coin is very low and the profit target is very high, which provides a great risk-to-reward ratio. The uptrend started with a strong impulse wave, which is extremely important for continuation to the upside. The next profit target is around 1.3 USDT, but this coin...
On 4H TF, it's clearly seen that $XRP printed bullish divergence in a bullish pennant from Oct'13th - Oct21st. Furthermore, 50% fibonacci level maintained as support which indicate that $XRP is still bullish. So if a breakout from its pennant followed by retest to upper pennant trendline, I'll expect to see $XRP rally continuation to 161% fibonacci level.
I am not saying the bottom is in, but what if the bottom is in? In this analysis, I will tell you why it is possible! Everyone is extremely bearish on the stock market. There is a record of purchasing PUT options from retail investors and usually the majority is wrong. But in this case, the majority could be right. We don't know. As you can see, we have a huge...
Matic is preparing for a huge uptrend if the bulls break the bullish flag. It's a pretty good opportunity, so you don't want to miss it! The bullish flag on the daily chart is supported by an ABC correction (ZigZag), so it makes the bullish flag much stronger. Also, we have started this uptrend with a strong impulse wave, which indicates massive buying...
TWT is an extremely durable altcoin. During the bear market in 2021-2022 this coin held its value very well. The platform was acquired by Binance in July 2018. So there is a huge expectation for the Trust Wallet platform. The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at...
A simple bullish pennant. Pennants and flags are so frequent in crypto and often are meaningless, but with market sentiment seemingly positive and interest in MKR picking up, I think this one deserves some attention. Hopefully Bitcoin holds above 20k or doesn't dip to far below because that would probably invalidate this
Flags and pennants are patterns that I find are overly relied upon in crypto, and they often fail. I like this forming pennant, however, when coupled with the market sentiment. In particular, XRP has been on fire and we are testing a major psychological level at $0.50. I wouldn't long resistance - But I am already in a along position since low 40s. If I wasn't, I...
INJ was recently listed on the CoinBase exchange and the interest in this coin has increased significantly! +1200% profit or even more is not sci-fi at all. Personally, I would take profit at my first target for quick gains, but if you want to hold for the long term, then you can go for it. Buy INJ right now, because it looks like it wants to skyrocket very...
This is a major outlook on the total crypto market cap, which is probably the most important indicator. As you can clearly see, we are in a bull market on the weekly/monthly timeframe, but if the bulls give up, then it can turn into a 5–10 year bear market, which will be the first bear market in the history of cryptocurrencies! Please, do not write in the...
There is a great chance that Ethereum has bottomed out! But first we need to break the downward sloping trendline to confirm this bias. I am sure aggressive traders are already buying the ABC correction and the 0.618 FIB retracement, which is definitely worth the lower stop loss they have for this trade. After the merge, the price of ETH rapidly went down,...
Warning: This analysis may completely transform you into a super bull! Interest rates are rising, which is bad for the stock market, but is it also bad for Bitcoin? Maybe not at all. On the other side, inflation is pretty high and the money printer is running, which is good for Bitcoin. We have a huge falling wedge pattern on the weekly chart that is very...
STPT (Standard Tokenization Protocol) is a sleeping Giant, but when wakes up it will be huge, you can be pretty sure about that! We have been moving sideways for more than 3 years now on the weekly chart, and if we break this head and shoulders pattern, it will be tremendous! 4000% profit is a lot and I don't want to miss this altcoin, unfortunately, we can go...
XRP has Broken Out of a Consolidation Pattern and is above the POC and our Measured move would take us up to 61.81 Cents. We also Have 4 Hour Hidden Bullish Divergence on the MACD as can be seen in the screenshot below.
Golem is on fire! You really want to buy Golem right now because the bullish flag is breaking out and an ascending triangle on the GLMBTC pair also! How can you not love the name of the coin? But you definitely will with the massive profits! As per my Elliott Wave analysis, we are prepared for the third impulse wave to the upside. The third wave is usually the...
Except for DXY, everything is falling apart because everyone is selling their assets and buying dollars instead as a safe haven! Traders usually also need USD to open short positions on futures and speculate on price decreases. The dollar index is incredibly strong and this trend should continue for another few years. According to my analysis and to this chart,...
MAPI . Monthly TF. Bullish pennant pattern. TP1 1185, TP2 2310, SL 680
MAPI . Monthly TF. Bullish pennant pattern. TP1 1185, TP2 2310, SL 680.