Filecoin against Bitcoin is forming a multi-year falling wedge, which is a bullish pattern.
After a couple of days FIL was in a downtrend, the yellow channel. It's broke out and how there is some resistance, the orange drawings. After FIL breaks this resistance (orange) there will probably a retest before it can go (much) higher. RSI is also lowered a lot, so there's room to go higher imo.
As you can see on the chart Radix is slowly but steady making higher lows. Also en declining line of resistance.. The XRDBTC shows a multi-year descending triangle (check my idea at XRDBTC). The project has also launched a couple of bullish actions based on the #breakout2024 "project" as you can read here www.radixdlt.com Nice and bullish actions if you ask me.
As you can see the FILBTC-pair is moving out of the downwards channel on the 1HR-timeframe.
As you can see on the 15min timeframe there is a bullish pattern forming. DYOR because this is a high volatile meme coin
As you can see on the 1 Hr timeframe there is a falling wedge formed. It fels together with support on earlier price moves. Even the RSI has cooled down a bit. But watch out, on the 'daily' the RSI is still in the 'over bought' area.. Despite of that I'm bullish on Filecoin
Cup-and-handle formation for LUNCUSDT. This is a bullish pattern. You can draw from the bottom of the cup to the top. When it breakout there is a target of approx. 0.0004
Radix has created a nice fundament. As you can see there is a line of resistance drawn. Once above that line Radix has free space. Even when you look at XRDBTC you can see a multi-year descending triangle. These two together make me bullish for Radix
Take a look at this gigantic descending triangle. Will it break the resistance?
Let's see how Radix will go further now it's broke the resistance.
Filecoin is in a cup-and-handle formation. That's a bullish pattern. Together with the positive news of last week about the integration with Solana, Filecoin has a lot of potential!
Cup-and-handle formation on the 1Hr timeframe voor STXUSD
Radix is forming a huge descending triangle, which is a bullish pattern. Also the RSI is likely forming a positive divergence on the daily timeframe. Let's wake up the sleeping giant!
After a long period of accumulation you can see Radix / Bitcoin | XRDBTC is forming a falling wedge
With a low RSI it's probably a possibility that it will break out to the upside.. let's see
Despite the Radix team has decided to postpone the Babylon upgrade to the end of September 2023. But when you look at XRDUSDT you could see the price is in a huge triangle. Together with a cup-and-handle formation. Two bullish patterns. The end of the "handle" is also at the end of September... Everytime the alts are performing Radix is in the top 5 or top 10....
Cup and handle formation for LUNC with a target of $0.000104 #LUNC #cupandhandle
After a major swing upside, Radix is coming down to the support level. On the daily it's likely(!) you will see positive divergence on the RSI in the upcoming hours/days. Even the cup-and-handle formation is still in charge to be formed although it will be take longer then I primarily thought it would take to create. A lot depends on how the whole economy and...