P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ChainLink has pulled back to 50MA support where we expect it to bounce and resume bullish mid/long-term.
chain.link smartcontract.com
Current Price= 0.0005195
Buy Entry = 0.0005207 - 0.0004873
Take Profit= 0.0006337 | 0.0007641 | 0.0009214
Stop Loss= 0.0004173
Risk/Reward= 1:1.5 | 1:3 | 1:4.81
Expected Profit= +25.73% | +51.61% | +82.82%
Possible Loss=...
Reef Finance finally broke out of its latest downtrend that now lasted over a month.
The support around 0.0165$ held and we got a nice bounce that pushed us through the downtrend trendline.
Next resistance lines are at 0.036$ and 0.05$.
We spot a similar pattern on the RSI where we expect the next resistance to be around 70.
Currently 16 billion REEF tokens out...
The last time SUSHI was at these level in both the RSI and MFI it went up from about .50 to $23.5 (47x). I doubt that we will see the same returns this time around but AS LONG AS we continue in a bull market I think we could hit the 1.618 fib at about $34 (4.5x from here).
I believe we could be seeing a pretty significant bounce for SUSHI over the next couple of weeks heading towards the end of the year.
The SUSHI/BTC pair seems to be in a falling wedge with a break out target at the top of the wedge which would put SUSHI at .00034 of a BTC. Assuming a $100k BTC that would put SUSHI at about $34.
I also don't think it's...
Hello friends, today I am reviewing the 4H chart for AAVE, a crypto altcoin on a linear scale.
In the chart I noted:
1) The price has been in a descending channel since November 9, 2021.
2) The price hit the bottom long term trendline multiple times on November 18, 2021.
3) The price target for the breakout is around $304, which is a 10% upside. This is also a...
Hello friends, today I am reviewing the 1D chart for Uniswap (UNI) on a linear scale.
In the chart I noted:
1) The price has been in a long term triangle with a breakdown since May 2021.
2) Currently, the price hit the bottom of the long term trendline since January 2021 and bounced off of it.
3) The price has the potential to move up about 20% to around...
Tellor Tributes seems like it's forming a Adam & Eve pattern on macro view.
Entering in demand zone (blue range), taking profits on Fib extension levels.
Risk/Reward= 1 : 2.72 | 1 : 5.33 | 1 : 9.37
