TRADE OF THE DAY | ICP Strong Breakout Pot. 21% ICP showing a nice breakout of both local trend and the RVD Breakout too - after bouncing off historical support and breaking and retesting more recent historical support, looking like further upside is on the cards
BNB Long Scalp Opportunity 3.2% | Targets On Chart Breaking out of RVD trendline and showing a bullish divergence - with current bullish momentum from BTC could be a nice move up for a 2:1 R:R
TRADE OF THE DAY | AVAX showing potential 60% After a strong rejection from a strong historical support and a breakout and retest from significant trendline, further confirmation from a breakout on the RVD. Looking like big move up incoming
NEAR Long | Breaking 50EMA, potential pump Short term scalp trade, showing a bit of bullish potential. We are running into some volatility with the FED announcement although it could work in favour here with a slightly bigger stop-loss given to hopefully absorb it.
ARB Short | Breakdown incoming | Targets On Chart Not an overly complicated set up, challenging the 50EMA with a breakdown on the RVOI trendline and an ascending channel.
TRADE OF THE DAY | BCH got a bullish pennant BCH had a great rally initially and now the excitement is over it has followed up with a nice breakout into a bullish pennant showing both a bullish divergence and a breakout on the RVOI. Looking nice for a long here
ATOM has a nice divergence in play ATOM is showing a really nice bullish divergence here and looks like it could pump from here quite easily. There is a strong bounce from the 20 Daily EMA along with a trendline breakout on the RVOI. Liking the look of this one.
Quick QNT Range Play Scalp Not a rocket science play here, just respecting the structure and although it is sitting in a somewhat bearish pattern we are looking to trade within that range - we have a pullback trigger from the trend line breakout and bounce off trendline support. Quite high risk given current market.
TRADE OF THE DAY | RNDR looking to breakout It needs to begin with, everything in the market is a little shakey right now - so big BTC moves are wrecking set ups quite alot - manage your risk accordingly. Although we are seeing a couple of key triggers here in a breakout of the RVOI trendline and a solid divergence in play - there is the added bonus of the not...
TRADE OF THE DAY | ETH ready To Follow BTC We are seeing a nice divergence in play with a breakout on the oscillator along with flipping all the important EMA's. This is a very similar move that BTC did prior to its pump I think ETH will follow
TRADE OF THE DAY | BAL with bearish div. further drop incoming Some strong confluences here on the pullback for BAL to start its next leg down - with a new range looking like its forming and a bearish divergence a break in the RVOI is all that we were looing for.
TRADE OF THE DAY | CRV looking like a breakdown incoming A significant bearish divergence and a break of the trendline on the RVOI whilst trading below retesting the 50EMA is setting up for a continued break down. There is also news of a risky loan in AAVE and the resulting liquidation threat for CRV have pushed the governance token to a 1-year low.
TRADE OF THE DAY | UNI is looking like a 11% drop after relief UNI is shaping up for a heavy drop after a pretty decent relief rally looking like people heading to DEX's in fear of the SEC attack on CEX's. Although it does not look like it will sustain and the drop will be quite hard. A big bearish divergence along with the trendline break on the RVI are big...
GOLD | Critical moment, big move incoming We are heavily testing some key supports at the moment some bad news from the FOMC will completely collapse this to $1893.36 - good news and a break out can see us pump to $2019.76. Ultimately it is wise to wait for the FOMC to come out and take the positions from there - my bias is slightly bullish.
BTC ANALYSIS | FOMC news will decide the next direction Ahead of the FOMC announcement in a couple of hours we are in a descending wedge/bull flag pattern that is a key identifier of consolidation and a precursor to a big move. Naturally until there is a break out it is difficult to determine the direction. The FOMC news should be a firestarter to gauge which way...
TRADE OF THE DAY | BNB our faith is with you CZ poss. 11% EXTREMELY VOLATILE TIMES - possibly some of the most for Crypto to date. There is a full week of FED announcements, the Binance Case (Freezing of assets now no longer looking like its happening), Hinman E-Mails. Although our faith is very much with Binance on this one - we have a bullish signal, along...
TRADE OF THE DAY | Bullish Divergence In Play Poss. 18% One of the few current set ups with a strong bullish divergence in play after a massive drop from its recent big move. No surprise that we are showing a broadening wedge formation - not broken yet but on the whole quite a bullish pattern. The key drivers for the long here are the divergence, high untested...
TRADE OF THE DAY | OGN looking like nice bounce within range |TARGET ON CHART | There has to be a bounce at some point right!? OGN seems to be showing some nice signs with being so heavily oversold and a nice untested weekly pivot the 1:1 take profit falls nicely with both the long term resistance (recent broken suport) along with sitting within the untested...