just an observation - looks like we have pretty clean swing failure pattern for Litecoin on BTC pair. bears are in a bit of trouble here and all dips in the box are bought up immediatelly. Solid spot for reversal overall + HTF chart looks insanely bullish.
nice & clean trendlines indicate end of the downtrend. price is flirting with 1D ema200 already, so shouldn't take long. Bought some and will be adding a lot more upon successful breakout and downtrend retest if we get one. also, like the fact that it's another binace tinycap (15M mcap).
This is to complement my USD pair chart (see: related idea) Binance lowcap (Mcap > 14 M) Classic Wyckoff accumulation exit. By the looks of it we're in final days of "Spring" ascending triangle breakout and retest was successful, so I would speculate we spend a few more days in this range and bulls will try to claim 60 sat level as new support.
WPR went through full accumulation cycle and is now leaving the range. given the low marketcap (12M) I expect this one to have violent breakout and sharp pullback afterwards.
The chart setup is so familiar, it's getting boring tbh :) number of other ALTs already went through this cycle and NEO's GAS seems to be next one. I expect team to drop some NEO 3.0 news along the lines of "GAS will be much more important & have many more use cases in new NEO 3.0 ecosystem" or something similar. From TA perspective - short consilidation on...
Pretty basic : S/R flip into ascending triangle (both bullish patterns). Successful breakout retest (visible on 4H). if diagonal is reclaimed as support we're looking a bit above $3 target.
highly speculative and yet.. wouldn't that be fun.. ? :)
BNB looking better by the day on BTC chart (usd pair - just price discovery :)) here we have bullish Chuvashov fork supported by iH&S. My gut tells me this will go way higher than fib target estimate and there is one crazy fractal that I will post later on.
as clean as they get. ascending triangle breakout into S/R flip supported by bullish RSI divergencies on 4H and 1D.
so WAN is just one of many Altcoins going through final stages of accumulation on USD chart. This is just to illustrate how price finds support and resistance with these key trendlines and speculate on where it will go in the future while respecting them. I suggest drawing a few lines yourself and see the magic of basic S/R flip happening :)
XVG USD chart looks super bullish - can't deny that :) just textbook accumulation exit..
Bullish C-fork into downtrend break RSI coiling up nicely and diverging on 4H and 1D Bullish OBV divergence on 1D Fib-based target > 0.000470-ish
Looks like accumulation in the making. I see 2 potential paths here: V1 > C-fork plays out and key resistance line gets flipped into support V2 > we get a spring down (will be adding some if that happens) before leaving accumulation range. note: Mcap - 8,7M
Purely FA based. Check official “letter from Matt” on AION website. Stay safe guys.
historical trendline based idea. Wyckoff accumulation is already kind of a meme, but let's see how this plays out. It needs to reclaim (break above & retest) 2000 sat level for bullish continuation. falling wedge breakout 1D bullish RSI divergence
sort of a meme, but I'll be selling my kidney to buy more ICX if we get that retest :)