Retracement cycle has been completed as indicated by the strong double bottom at the most recent lowest lows.. Expecting the next profit target to be $0.0372 Enjoy a safe entry level for your long position.
Obviously it is going to the previous low. After that we may expect a pump. Nfa
Conditions in the LUNC market have been stressful for several months. Many traders at LUNC have experienced liquidations in recent weeks. I think this desperation has bottomed out and the big players are on the move. I'm starting to look for a similarity between today (2/24) and the day before the big bullrun (August 21, 2022). As for me, I am strongly bullish.
Looks bullish to me. Explanation on chart. Target = $ 0.039
It seems to me that the rise in the bitcoin market will present a negative situation for this coin. In the long run, of course, there will be surprises. I'm hesitant for now.
What I myself am doing ( if one of your investments loses money, the other investments can make up for it) Technical Section: WXY (5-3-5 , 3-3-5 , 3-3-3-3-3) Primary: Wave Y (larger degree), Intermediate: Wave d, Target-1= $ 0.041 Target-2= $ 0.11 MA200 (Support)= $ 0.0285
While analyzing any crypto its important to see its use cases and potential growth factors. LUNA is consolidating for long period now and half of the supply is locked for a long period + starting from next month expect 25% supply to be locked due to alliance module release. For more details see there twitter about alliance module etc. Feather is also launching...
USTC Coin is currently forming a triangle pattern on the chart, with the base of the pattern around 0.017 and the upper line of the triangle at 0.04. If the coin breaks above 0.05, it may have a retest at that level and could potentially reach as high as 0.2$. As always, traders should keep in mind that technical analysis is just one tool in their arsenal and...
Semi fractal play, I think a lot of alts have done 1-2 moves, greyscale btc is popping so some green days seem likely at least in the short term , this has been pretty parabolic in the past with not much of a discernable wave 3 top just 1-2 then vertical 345 so we could get a move something like this
this coincidences with btc going to 21k or so then pump to 25k
What Is a Breakout? What is a false breakout? Why are you making this trade?
LUNA2 has a Cup With Handle that shows a 25% Upside Target if it plays out and given the small size of the pattern it would likely have to breakout within the current trading day to be valid.
zoom in and look It is very clear that the same price behavior will be repeated. The difference in the driving force between the waves and its correlation with the time period. The stronger and larger the wave, the longer the correction will take But it is clear that the correction every time has the same consequences as the one before it Bearing in mind the...
Triangle chart pattern brewing up on USTC, either bound by resistance on R1 or R2. Breakout from triangle with R1 gives price target of $0.035, R2 gives $0.0315. Should coincide with inflation data.
As shown on this chart, there are many traders, competing against one another. as you know, this game can't last forever, so, As calculated by Wyckoff's point and figure: Target = $ 0.1779
As you know, the Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, 78.6% and 85.4%. As shown on this chart, in a lot of ways, wave b depends on wave a, Fib 85.4% -$ 0.0205 , the actual price at wave b was $ 0.021, quite close indeed. & (Fib 85.4% to Fib 23.6 to Fib 78.6 to Fib 38.2 , trying to disguise what they are doing)! as a result: The Game is...
As shown on this chart (consists of three distinct sections), 1-Impulsive decline = supply > demand, 2-Impulsive rally = demand > supply, 3- Sideways appearance = supply and demand are nearly equal. What to expect next? At this point, low volatility and low volume indicate a drying up of selling pressure. Target Point and Figure Configuration:
Ustc looks to have good momentum waves on the vumanchu B indicator, lets see how that plays out.