CTSI is a good project which I've forgotten to analyze recently. It had a great performance in Q1 and now is about to complete an asymetrical triangle. As you can see I've used the Ichimoku Cloud to check if my triangle trendlines were correctly drawn and they are but as you can see price hit a R and formed a bearish candle. A good entry price would be 0.62USDT,...
I don't use FTX nor I own this coin, however I know it's part of a very good ecosystem which is growing pretty well. It did almost 6x since past July's bottom and now has formed a cup. This can be a cup and handle with the handle as a descending channel but I've drawn it as a round handle to be sure. I'd enter a third now and wait to see if it retraces more or...
Earlier, after that huge green candle hit my long time R/S red dashed line at 47.5K, now I see a 4h candle is trying to pierce that but at the same time at 1h (even at 4h if you notice) RSI shows bearish DIV. This might not end with a green candle over that like right away. ADX+DI shows a decline of the momentum and so do many other indicators (CCI, SMI etc...)....
XPR retested bull flag upper band and bounced back, this is perfect! Although the local bottom has been on 29th I think on the long run this should go up
I checked this 4h ago and I wasn't sure if it was C&H because the handle was weird.... so I didn't post anything and apparently it was a C&H. At this point I'd wait before entering, chances of retest are enough to prevent me to enter. I should trust more myself...
This MAY be a bull flag, I'm not sure because it's too much inclined, so I'm just basing my analysis on trendlines and indicators. MANA looks at a decision point as it's against a resistance but not just for this reason. VLPR shows current price range is where most of the transactions happened so far and, if you look at 4h and 1h bollinger bands there's a CLEAR...
Well I had drawn this ascending channel days ago and I totally forgot to post it. If BTC stops at 40K then 1INCH support zone at 2.44-2.40 will hold, if BTC goes to 37.5 1INCH will probably reach 2.18. However VLPR on BTC shows a lot of transactions at 40K so I suppose that zone will hold and so 1INCH at first support I gave you.
To be clear: I don't expect a pump tomorrow but soon it'll happen and I think it's gonna be explosive as it used to be in the past. XLM will follow!
Although this patter is a bearish one note that this is a weekly chart and I expect a rising of DeFi dominance at least until the first third of October. This means overall DeFi will keep pumping. I hope you own some of them! Thanks to Blockwolf for sharing with me this DeFi domindance ticker which I didn't know!
RSR seems to be forming a falling wedge and according with Fib retracement we're on a potential reversal level, however we're also close to a resistance around 0.04USDT (not shown here not to mess up the chart) and we're currently below ichimoky cloud and EMA 200. Basically we need a volume to increase to push price over such resistance zone. RSR could go...
I'll be short because it's late: ICX is pumping hard, it's crossing upward a resistance zone but there's a clear bearish DIV on RSI. However I don't see it on the other indicators, meaning this could be just a pointless DIV. Other indicators don't look like price is about to dump, volume is good..... this might stop not dump completely!!! Anyway, I don't suggest...
Take this TA as a speculation as EW are difficult to be identified. Wave 1 and Wave 2 have the correct measures (according with Fib retracement and extension), 3 and 4 have been drawn according with the EW rules, the 5th wave is a speculation as there are different rules and can be different, in any case I think if we get there I'll do another TA on...
IMPORTANT: I previously posted this TA on the BTC chart by mistake. I'm sorry! If you don't focus on current price action and watch at 4h chart you'll notice a triangle or a pennant is shaping up. This is good! Even if I can't show you too many indicators at the same time, current price sits on EMA 200 at 4h, watching at stochastic momentum I think it'll bounce...
I haven't posted for a while about ZRX, recently it broke out from a triangle big triangle but the breakout didn't lead to a huge pump. Right now I noticed that price is getting squeezed between a trendline and EMA 200 so at one point I expect this to break upward, especially if BTC remains stable. An important data is VLPR, look at the control line, the buys at...
I've been asked about AVAX which had a great run recently, I think that those interested will have to wait a little bit before opening a position. I'd set a price alert around the 0.5 Fib line, there's a supply/demand zone there, surrounded by not much activity. However if current price level holds up it's possible price bounces up from here, to be sure use price...
Looks like it has broke out but up until some days ago the general picture was pointing at general retracement so this might be momentary. Watch out, however if price goes over that resistance zone (50k area) I think it'll be safe to say the buils are in control. Ah, RSI bearish DIV is still there.... sooner or later it'll play out unless RSI breaks out from that...
UMA was disappointing during the past bear wave as it retraced more than it should have, especially if you compare it with other projects, indeed as you can see, it touched the 1 Fib line. However the dump is over and as the rest of the market it's starting to slowly rise up. Since the chart is pretty "young" my TA it's kinda a speculation. Supposing it'll...
If you don't focus on current price action and watch at 4h chart you'll notice a triangle or a pennant is shaping up. This is good! Even if I can't show you too many indicators at the same time, current price sits on EMA 200 at 4h, watching at stochastic momentum I think it'll bounce from there. If BTC doesn't dump hard, the chart will form a pattern and then...