HEXUSD is on a price Double Bottom while the the 1D RSI is rising for more than 3 weeks. This Bullish Divergence has been spotted on another two price Double Bottoms in the past 12 months. With the price also under the 1D MA50, on July 12th 2022 and October 15th 2022, that Bullish Divergence initiated a rally that peaked at +158% and 71.80% respectively. We are...
Solana / SOLUSD is trading inside the 1day MA200 - MA50, being more than half-way through the bullish leg on the 5 month Channel Down. On the previous bullish leg, the 1day MA200 caused a pull back near the 0.618 Fibonacci and then rebounded to complete the Lower High. Sell on the short term and buy at 17.000, targeting 22.500. Follow us, like the idea and...
BSVUSD hit the top of the former Channel Down pattern and is rebounding. The 1D time frame has normalized its previously overbought technicals (RSI = 63.544, MACD = 3.840, ADX = 63.502) and that can give rise to a new round of buying. As you can see the Fibonacci retracement levels form solid Support and Resistance levels, with the latest one being the 0.786 level...
BTCUSD has been trading sideways for nearly the last 2 weeks. The long term pattern is a Channle Up since the start of the year and this appears to be the accumulation phase that technically precedes the Higher Highs. Trading Plan: 1. Buy on the current market price. Targets: 1. 40000 (Gap 3 from the Bear Cycle). Tips: 1. Every Higher High on this Channel Up...
Verge / XVGUSD is having a +550% rally in the past 2 weeks and is approaching the 1week MA200, which is intact since April 4th 2022. The Channel Down that drove the price to its market bottom before that recent weekly jump is almost the same as the one in 2019 that paved the way to the massive 2020/21 rally. As a result don't buy before a new pull back to the...
Zilliqa has come today the closest it has been on the 1D MA200 since the May 8th contact, turning the 1D time frame largely bullish (RSI = 67.434, MACD = 0.000, ADX = 54.733). Consequently, a break above it, should set in motion the last part of the bullish leg that started at the bottom of the long term Channel Down. We will buy if the 1D MA200 breaks and target...
AAVEUSD has closed two 1D candles over the Channel Down pattern of February and has validated a new rally on the 1D timeframe which is on very healthy bullish technicals (RSI = 68.966, MACD = 3.550, ADX = 52.986). As long as the 1D MA200 is turned into Support, we will be bullish targeting the R2 (TP = 95.000). ## If you like our free content follow our...
Bitcoin / BTCUSD has already started the new (3rd) bullish leg of the Channel Up that started in January. We already completed 3 straight green weeks and the current one can be the one which will hit the 35k psychological level. That would break the 0.5 Fibonacci barrier and set target on the 0.618 Fibonacci at 39000. You can buy even now and target that level,...
MKRUSD is approaching the MA200 (1w) which is untouched since October 17th 2022. The price has already closed over the MA50 (1w) last week for the first time since March 28th 2022, giving a clear long term buy signal. A closing above the MA200 as well, is the next buy signal to take advantage of. Trading Plan: 1. Buy if the price crosses over the MA200 (1w). 2....
GTRUSD hit the top of the 5 month Channel Down, crossing over both the 1D MA50 and 1D MA200. This strong push is turning the 1D technicals overbought (RSI = 69.283, MACD = 0.001, ADX = 31.945) but such conditions don't call for the traditional short. Instead this is usually the buy entry conditions that usually emerge when cryptos break above long term bearish...
BCHUSD hit today the MA200 (1w) for the first time since the week of January 3rd 2022. This represents so far a massive +200% rise in the last 2 weeks. The RSI (1w) is deep inside the overbought zone but so it was in January 2021 during a rally similar to today's. Trading Plan: 1. Buy after the first red (1w) candle. Targets: 1. 735.00 (Resistance 2). Tips: 1....
Litecoin / LTCUSD is finally showing signs of bullish momentum, moving towards Resistance A (105.500). If broken, buy and target the 1.786 Fibonacci extension (as on the November break out) at 132.000. If not, wait for the price to pull back to the 1day MA50 before buying. The RSI patterns between now and September-October are very similar. Follow us, like...
Seems Like Has Already Bottomed Out & Building Up For Breakout Formed Falling Wedge In 3 days tf Incase Of Breakout Expecting 250%+ Bullish wave
SNXUSD hit today a triple Resistance Zone, the top of its 3 month Channel Down, the MA100 and the MA200 (1d). Until the price closes over the Channel Down, the trend remains bearish. Trading Plan: 1. Sell on the current market price. 2. Buy above Resistance (1). Targets: 1. 2.000 (Rising Support). 2. 3.000 (Resistance 2). Tips: 1. The RSI (1d) hit its Rising...
Helium crossed and closed over the 1D MA50 yesterday for the first time in 56 days. This is an early buy signal as the 1D technicals are still neutral (RSI = 50.663, MACD = -0.016, ADX = 29.754) but the RSI is already rising on an HL trendline. We are buying this breakout early as with the March 24th breakout and target the 1D MA200, a little over the 0.382...
BitDAO / BITUSD is having the strongest 1day candle since May 15th right at the bottom of the 5 month Channel Down. This confirms the excellent pattern bottom buy opportunity, especially after the 1day RSI made a Double Bottom. Buy and target the 0.5 Fibonacci (like the March bottom rebound) at 0.4545, which will also test the 1day MA50. Follow us, like the...
COMPUSD closed the 1D candle yesterday over the 1D MA200 for the first time since April 18th, giving a strong buy signal despite turning overbought on the 1D time frame (RSI = 73.112, MACD = 1.660, ADX = 54.712). We are taking a buy here, targeting the 0.786 Fibonacci level (TP = 55.000). ## If you like our free content follow our profile to get more daily...
The FTX Token touched yesterday the 1D MA200 for the first time since April 2022 turning the 1D technicals largely bullish (RSI = 67.207, MACD = 0.051, ADX = 48.882). This is a major buy trigger, which with the Support of the 1D MA50 can target the top of the 7 month Rectangle pattern (TP = 2.70000). ## If you like our free content follow our profile to get more...