Hi
Ndx is in a support area and made a reverse head&shoulder; these 2factors are kinda bullish, but for more confirmation it needs to break the trendline (purple line). If this scenario fails, stick to sell short setup.
As you know:
btc follows ndx and spy
Altcoins follow btc
This is not a financial advice and DYOR!
Hi!
As you see in the chart, UNI is touching its downtrend line. Obv is kinda breaking out of its downtrend line with a nice volume. For now ema100 Daily acts as resistance (uni ema100D =10$).
If btc goes well too, we can see a pump in UNI
Thanks
Dyor and stay chilled AF!
Hi!
Axie's daily chart shows us that a nice
CURVED TRENDLINE pushes down the price everytime.
This time OBV has made a ascending triangle on 4H time frame and its getting ready for a breakout. Will it help axie to breakout its CURVED TRENDLINE and take us to the moon?!
Thanks
**this is not a financial advice and as alway DYOR!
Hi
Iota has lost its long lasting weekly trendline support and triangle pattern.
It seems recently has its retest on new resistance (previous support=flipped area)
And sell short setup is more probable.
Thanks
Stay chilled af
Do your own risk!
Hi!
We have two scenarios on aave:
(1)bullish,long setup:
As you see, we have a clear falling wedge on AAVE's chart in daily time frame, but we can't decide based on JUST patterns.
For now we're under 15daily ema and AAVE didnt make lower low. 50daily ema and previous lower high is in the ~147$ zone and for trend reversal we need to defeat them (breaking falling...