💎FTM has been tracing a downward channel for approximately a month, signaling a bearish trend. a bullish scenario could unfold if a breakout takes place.
💎If successfully breaks free from the channel, it could signify a change in market sentiment and the onset of a bullish phase.
💎High demand implies substantial buying interest in the token, which could...
ONTUSDT seems to have broken out of the triangle and might soon go on a parabolic run.
Volume has been quite strong showing serious support behind the move up.
The red line shows the point of highest volume which we have left behind and will become a possible area of support.
This move up with the clear break of the triangle and the massive volume behind it...
This is by far one of the cleanest trading ranges in all the alts I've seen. I am eagerly awaiting for the breakout of this range.
ATR is an all time low, making a trade setup particularly enticing.
After giving it a good run, bitcoin took a few shots to break resistance at $6800. It had one dip then tried again. Every effort was sold with strong volume. Today we had a sell down to the $6700 area then spent over 12 hours in a tight $50 range hovering the bottom of a rising wedge.
The bulls took one last shot to drive it up and it was sold into at $6760. ...
to lower Fibonacci retracements since this downtrend began. Yes, Ethereum has been very weak lately, moreso than Bitcoin, but that also means it's more likely that a bounce will be a bit more aggressive. Excellent risk/reward ratios at this level, easy to define. Great swing opportunity here.
and potentially will be setup for a major run depending on future fundamental developments. Clearly signs of large positions being taken here over the past 6 months in a coin with a real use case that's being used for its intended purpose. Surprise catalyst will be a connection between Numerai's hedge fund performance with the Numeraire coin - hinted at in one...
BTC breaks a key technical level after getting rejected 2 weeks ago. We now have a closed daily candle outside of the descending channel as well as a close above the 55SMA. The technicals support a an imminent bull run if we can break the 11700 level. I expect BTC to rally over the next few months, causing a broader market move for altcoins.
