UNI seems to be climbing up the trend line. As long as we maintain support along the trend line, our next target should be around the 1.618 fib level (mid $40 area). BTC is attempting to break previous ATH right now. If BTC breaks and holds, then the alts should follow shortly after. *** NOT FINANCIAL ADVICE ***
Alright folks, BTC just recently made a new all-time high above $60K which caused some alts to pump as well. DNT just had a nice breakout and had an upward cross on the 1D MACD. I'm expecting further price action to the upside as long as BTC holds stable for now. *** NOT FINANCIAL ADVICE ***
Looking at the 1D chart, BTC crossed up on the MACD. Next fib level target would be around $67K - $70K. *** NOT FINANCIAL ADVICE ***
Assuming we get a solid breakout to the upside soon, once we pass the crucial resistances of the .618 and .786 fib levels, the next *ESTIMATED TARGET* would be at the 1.618 fib. *** NOT FINANCIAL ADVICE ***
DNT looks like it could break out this week. If we get full candle closes above this triangle and the MACD on the 1D flips up, then that would be a positive reversal sign. The .5 and .382 FiB levels are important to break through before the next leg up.
Per the chart, for me to be convinced that a breakout/reversal is occurring, I'd like to see full candle closes above the symmetrical triangle and a cross on the daily MACD. We can see things are slowly moving up, but still in consolidation. I'm expecting movement within about a week.
DNT's last pump was about 23 days ago from this post. The .786 FiB has been holding as strong support during this consolidation. Overall I'm still bullish on DNT. The MACD is showing a possible reversal to the upside soon. I'm thinking within about a week we could see some upward movement. If and when we pass $.45, DNT will fly and discover new all time highs.
UNI had its last major pump two weeks ago (exactly 14 days from this post). Right now, on the 1D chart, we can see that UNI is consolidating within the triangle and the MACD looks like it's about to cross upwards soon. As long as Bitcoin behaves, I expect a breakout within a week. $40 - $50 range would be my next conservative target after a confirmed...
After GRT's massive pump, it went into a correction phase which has formed a descending triangle that touched twice around $2.15, which is usually more of a bearish signal. Support holds around $2.12. If support breaks in the next day or two, then we could fall to $1.80 or lower. If the bulls are strong enough, then we could pop back up to our next high.
After Filecoin's massive pump (long overdue), we finally broke out from the $20 range and tapped the low $50's. Currently we're consolidating around $40. Let's see if there will be a move soon out of this consolidation zone. I believe we are still in the early stages of growth for Filecoin.
GRT is doing fabulous. RSI is high, so I'm expecting a little dip in the near future, but otherwise we are looking mighty fine. Congrats to all that held!
GRT is breakout out of the correction from earlier this week. Put your astronaut suits on. We're going to the moon.
Hey everyone, Just a quick update on GRT's current trend. After our massive climb to $.88 from this past weekend, we are currently in a correction phase. Support is still strong above $.73 for now. If we break below support, then expect price to drop in the mid to high $.60's range. For now, as the price squeezes further into the triangle we should be close to a...
It looks like GRT's correction is heading in this downward channel for now. If it breaks below we'll reevaluate the next possible buy areas.
Hey guys! Right now, GRT is in a correction phase after a massive climb, breaking previous all time highs. We went from $.63 to $.88 in about a day! In my opinion GRT will easily pass $1 in the near future (assuming BTC doesn't have a massive dump). I marked potential purchase entries for this correction and also labeled previous dips after having a high RSI...