crab harmonic pattern: AB=0.61 XA BC=0.88 AB=$45 tp1=1.6 BC=$220 tp2=2.6 BC=$583 tp3=1.6 XA=$720 tp4=3.6 BC=$1543
if we consider the downtrend and median line of the pitchfork BTT seems bearish. BTT needs breakout the downtrend and median line to be bullish.
coins are acting like bitcoin and are making bullish combinations.
Arweave is a fundamentally great project and since its main source of income is from Solana, It is lagging behind SOL. Looking at its chart in BTC, It's finally getting out of the flag. Possible target are shown via the arrow.
abcde triangle pattern is completed for the flag pattern.
I am expecting a shift in momentum. At least that is what MACD suggests to me. Is a breakout towards the upside impossible? Nope! However, it seems the less likely scenario. The bowl-shaped formation at the bottom spells nothing but bullishness. The same could be applied to the volume. Golden crosses between EMA50 & EMA100 and MA50 & MA100 indicate bullishness....
crab, cypher and shark scenarios: if 3-4=0.61 X-3=$0.00187 crab targets: 0.38 3-4=$0.004 0.88 3-4=$0.01 cypher and shark targets: 1.13 3-4=$0.0176 1.41 3-4=$0.03 1.6 3-4=$0.045 butterfly scenario: if 3-4=0.78 X-3=$0.001 0.38 3-4=$0.0028 0.88 3-4=$0.01
buy point=$0.00187
buy point=$35
recently I was bullish on Filecoin but I changed my mind.
in the full chart on Coinbase, Filecoin is a crab with the target of $500. it could have a cypher reversal from $500.
crab harmonic pattern: AB=0.61 XA BC~0.88 AB tp1=2.6 BC=$115 *reached* tp2=3.6 BC=$500
The 4-hour technical chart of SC crypto projects a positive trend. According to pivot points, Siacoin’s critical support level is $0.03462. Whereas if it moves upside, the crucial resistance to watch is $0.04439. Besides, the chart also features a bearish pin bar candle showing a bearish trend with low reliability. The Exponential Moving Average (EMA), consisting...
on the right we have nio, trying today to break over the MA 50 dynamic resistance, and on the left we have pure storage, trying to bounce off the MA 200. as you can see, both of them bounced off the MA 200, but while nio did jump high today, pure storage didn't yet. because of that, I believe we will see a jump within 2 weeks in pure storage too, not a big %,...
My take on Azelio. If they follow through with orders in Q2 which is their plan and they've delivered accordingly to their plans with precision so far. Both the technical and fundamental pieces are in place here for a breakout. Biggest owner bought more shares at 52.90 and the company had a new issue of shares (596 million SEK) at around 56 SEK in march 2021....
This resistance will eventually break and SONM could fly. Not many coins have been little affected by this downturn, but this held well. Now that other coins in the computing/storage sector also look good this could be big.
Filecoin seems to be looking very strong. In the past I had mentioned FIL in one of my idea and the target got hit, but also left the possibility for more upside open. And I do believe more upside is coming. Especially if there is a reduction in the inflation rate.
if 8h close above static resistance it could have another rally