Coinathlon

Coinathlon

Raydium looking good on the 4H chart. - Bullish structure - Bounced off of strong support zone - Bounced off of .382 FIB - MACD curling up - EMA's moving away from each other Enter now for a nice 4R/R. if you want to increase your R/R, you could wait for another retest of the support zone although it could easily just continue its move given the current state...

Coinathlon

Ocean Protocol broke through this resistance zone dating back from may this year. Volume has definitely spiked. I'll be looking for a pullback upon which I'll enter. First resistance ($1.25) seems strong, but only gives us a 1R:R. I'll move up my SL as soon as we reach the area around $1.25.

Coinathlon

Well then your next opportunity to enter might just be here. - Strong support zone - FIB golden pocket - Hidden Bullish Divergence - Just above the 50 EMA Stop loss just below the crucial area. How do you feel about this Metaverse narrative unfolding?

Coinathlon

Whilst the whole industry seems to be focussed on SHIB, DOGE is slowly making its way to a breakout of this triangle. Should it breakdown I expect a heavy downfall. But if it breaks out, we could see a very swift and sharp move up given the state of the market right now and all the narrative around memecoins. Keep an eye on this one, even if it's a piece of ....

Coinathlon

1INCH has seen an impressive move in the past couple of hours and a nice retrace as well. If we draw a Fibonacci tool on the Daily time frame, it shows us that price has retraced at the -0.382 level. As we can see the MA's moving away from each other this could indicate that the move is not yet done with. Taking an entry here with a Stop loss set slightly...

Coinathlon

Superfarm is experiencing a pleasant month of octobre as it has been steadily moving up in the channel. As we can see on the chart, SUPER is currently testing the lower part of this channel. I'll be looking for a: - Bullish candle - Volume spike Nice 3R:R play here. How do you feel about this?

Coinathlon

- Reef broke structural level - Clear uptrend - Spikes in volume - Golden cross happened already - MA's curling away from eachother Enter on $0.025 TP1: 25% @$0.029 TP2: 50% @$0.037 TP3: 25% @0.049

Coinathlon

- Key resistance zone around $0.78 - Clear uptrend -Currently below 200 & 50 MA - 50 MA curling up If we see MANA break the $0.78 resistance it will have also moved above the MA's. If we then wait for a retracement it looks like a nice trade entry.

Coinathlon

Two things to watch for when we are in a bull cycle waiting for an alt season to begin, are: - BTC dominance weakening/consolidating after a sharp rise - ETH/BTC becoming stronger. When ETH starts outpacing Bitcoin, this is generally a sign that we are on the brink of an alt-cycle. As ETH is currently flirting with the 200 MA and the green support area, this is...

Coinathlon

DOT broke out of our triangle pattern that has been forming since late august. We can see a strong bullish candle just tapping the most recent resistance level. If it closes above I will consider that a strong entry point. We can also see the 50MA curling up and looking like it's about to form a golden cross. Volume seems to be increasing as well although there...

Coinathlon

Looking for a breakdown on every pattern after SHIB has run. Chances with these meme-coins are likely that they will plummet to the ground; much like it did last time.

Coinathlon

Weekly market structure (and daily if we zoom out a bit more) is still incredibly bullish for Cardano. Shorter term price action has lead to a couple of lower highs and lower lows. We a reaching a big support zone which coïncides with the 0.5FIB level. Should we hold this level then ADA will have set a higher low and could continue its longer term bullish...

Coinathlon

If I'm being bullish - which in the long term I am for Solana - I could see this as a buying opportunity here. What needs to happen in my opinion: - 21MA (blue) needs to cross over 50MA - Price needs to break golden pocket - Price needs to break strong support zone What could signal a turn for worse: - Price currently below golden pocket & strong support...

Coinathlon

Third time XLM/BTC is touching the bottom of this channel it is trading in since mid-june. It took a while after the first touch, namely a second touch, but after that we got a nice 25% move up. This seems an interesting opportunity. I'm not counting the third as that wick is definitely false price action or maybe even a shake-out. Anyway, setting a stop loss...

Coinathlon

1H support zone coïncides with .382 FIB level. Price currently testing the 50MA. Only downside I see is the RSI dipping below 50, which lead last time to a bit of negative consolidation. Even though afterwards it rallied up. Setting my stop loss below the .5 FIB level to be sure.

Coinathlon

Dont mind the wicks. Polkadot is still in an uptrend and currently above the .272 FIB level with a very strong support zone present as well. I will put a slightly lower stop loss as I'm hoping this will lower the odds of being wicked out.

Coinathlon

Following Bitcoin's sharp 19% drop we can see a bit of consolidation forming. The .272 level broke immediately but the .382 level seems to hold for now. Last time the RSI dipped below thirty after a correction (given it had taken longer to form) it made a 80% rally over the course of the past four weeks. I'm not saying history always repeat, but it just might here...

Coinathlon

Last two times Bitcoin MACD had the leading indicator cross the lagging indicator we saw rises in price of 640% and 477% (depending on how big of a cross it was). Is this an entry signal? Fuck no. But it could tell us that we see Bitcoins next move take us towards 200k by the end of the year.