A few weeks ago I had this feeling $LINK is following a typical bubble pattern. It was not believed, however it still is valid to me. We are at a crucial point however. Will $LINK manage to get back to the mean? And possibly cross the 200MA again? Interesting. For now I am just studying this chart before taking a position.
ICXBTC is broken out of falling wedge. The possible gain is shown in the chart. Maybe we get a pullback at this stage, but we have to find out. This could give us the confirmation of the first wave of the new set of impulsive waves. Interesting trade!
Bear with me here. This wave 3 of EOS is insane. It looks like we are currently in wave 5. It could be, because of the extended wave 3, that wave 5 will be truncated at the top of wave 3. For me it is to early to play this trade. What about you?
SXP was under the MA and in that period in a downtrend. It seems that the token is now breaking through the trend. If this is definitely the case than it could be that we will see a bullish upcoming cycle. Let's find out.
At this time we see a corrective wave with ICXBTC (ABC). With a textbook pattern for wave 2. It seems that there is a third wave starting now. It's projection would give us point C. However in a bullish market we could see a flat pattern. Both points are also supports, which makes this forecast plausible. Let's see how this will work out.