Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
Good luck
Not financial advice
Chart and entries highlighted..
Currently in descending triangle pattern (a 91% gain box)
that has a endpoint of .30c with a capitulation area of around .26-.27c level.
Entries between .26c-.31c for a take profit of .67c a 100%+ gain....
Now of note.
If we lose the .27c level we have a target of .02-.03c ( subtract the 91% from the .30c area...
Falling wedges and cup and handles forming. A falling wedge may form to form another handle for a cup and handle. It would also backtest the descending triangle pattern and if it holds it looks good for continuation.
Hey fam, got all the data needed and i pulled the fib on the exact numbers on tradingview since they don't have all the data for this! This is one i will have in my long term bag soon as it hits my targets. but we have a measured move straight to the .618 so for me that's double confirmation on this target.
Falling wedge with bullish divergence forming in the RSI and SRSI. It is overbought on multiple time frames, so it is a riskier trade setup. 15min stochastic RSI oversold.
A bigger white cup and handle and smaller cup and handle in green. Macd about to cross bullish and coiling up. Stochastic rsi is oversold on 15min, 1hr, 4hr, and daily. Bullish divergence formed in the rsi and srsi. Volume is declining. Look out for a breakout.
I'm not sure which way this is going to break, but you may want to keep an eye on it. It's consolidating in a few ways. First there is a large falling wedge that "stopped" on 18 June. It never did break the bottom resistance. I find falling wedges typically end up breaking higher as the price consolidates toward a bottom. Then there is another falling wedge...
Big green wedge breakout, price has backtested it as support and is holding so far. A smaller wedge (which is the handle for the cup & handlw) has broken out and is currently backtesting it as support. MACD is coiling up, about to make a bullish cross. SRSI on the 4HR is just about oversold, 1hr is oversold, and bullish divergence on the 15min time frame. On the...
ARRR has yet to go into buy territory. It has gone into the moku cloud, but that does not signify anything yet. This setup is meant to show clear trends, and all we have seen so far is a clear trend down followed by choppiness. If we can get above the cloud, and the cloud turns green, it would be safe to start cost averaging in.
For now, the 10SMA has started...
COINEX
