Lots of people have been frustrated with ADA's inability to break heavy resistance at 1.50. Lots people are learning the hard way that markets ebb as much as they flow. However the big picture here is still very much bullish. The big picture for ADA even looks bullish VS. BTC. A symmetrical triangle pattern has been developing over these last couple of weeks on...
IOTA, 3D, significant break and backtest of 1.41 completed. All momo oscs keeping bullish posture, MACD renewed green on current candle. Entry at or below 1.50 maintains 3:1 R:R on first target - slow and low, time will tell.
Bullish run update.
Following our successful entry and Target hit, we see another opportunity for the bullish run continuation.
Caution because pair is currently gathering more sell orders to trap retail seller.
Expect aggressive stop hunts to the downside, but based on probabilities we are bullish until further price action
Looking at the $EURGBP all signs are pointing for a potential breakout to the bearish side. Between a series of lower highs & 2 very positive bearish rejection candles (even though they are green), I am seeing more selling pressure in this pair in comparison to the buying pressure.
The 2 ways to handle this situation would be to 1) Position yourself ahead of the...
UNI, daily, Triple hidden Class A hidden bullish divergence on MACD & RSI. MACD looking to flip green, hasn't yet. March 15th close functions as stop-loss. Targets are overhead Fib levels from recent swing high to low. Let's freekin go!
BGS, daily, continuation play from 4 technical observations: Triple class A MACD HBD, Triple class B RSI HBD, completed retest of 2020 double top & second MA golden cross this year. The .50 & .618 seem plausible, at least.
ADA has been consolidating since the beginning of march after hitting heavy resistance at 1.50USD, and has begin to start trading in a ascending triangle formation. This is a wide formation that could conclude as late as june, however that is unlikely because crypto markets hardly stay still for long. We could see 1 or 2 more retests of the highs at 1.50USD before...
Daily: 50EMA has crossed the 150
4HR: Nice bullish move to the upside thats broken previous resistance. We are now waiting for the pull back to look for Bullish evidence
1HR Now we wait for the right bullish evidence to confirm a move up off resistance....
After a 15 day sideways shuffle the USDCHF has finally broken out of it's most recent period of consolidation to the upside which allows me to make the prediction that price is likely to continue higher. If we do get some bearish relief I would expect a pullback to the 9375-9348 level before creating the next extension higher.
Gambling on TKAT is in a way not much different from gambling on blockchain stocks back in 2017.
Anything digital is a fair game in the realm of NFT as even tweet was up for sale as Jack Dorsey demonstrated that today.
TKAT's Insider ownership is almost 50% and TKAT's institutional ownership is close to zero, indicating the high volatility this stock...
The green path: Orion has been riding these pitchfork channels for a while now. I wouldn't be surprised to see it continue this steady climb towards that next major 2.618 Fib level at around $35 dollars.
The orange path: The next possibility I could see happening is $ORN forming another pennant shape, and having that play over the next few days. With pennants...
I'm seeing an inverse head and shoulders on the hourly, which lines up as the right shoulder of an inverse head and shoulders on the daily. The hourly oscillators are showing bullish divergence on both the RSI and MACD.