BSW has been consolidating for a while, but now it has done a breakout of the triangle pattern and the 0.236 Fib in the chart, with strong increasing volume. The RSI also did an early breakout. For a successful breakout, we might need to wait for the 1.30$ resistance to be broken(colored in aqua). I'll update this analysis as time passes.
DOGE has been sitting in consolidation over the past couple of hours. There is now a possible breakout opportunity. RSI has been ranging from 50-70 which can be a sign of an uptrend. DOGE is also sitting at a trendline(in yellow) and the 0.236 Fib. DOGE can be considered as breaking out if RSI crosses above 70 and DOGE passes 0.1450 with strong volume. Will be...
GMT recently broke 3$ and made a 50% move from yesterday. As of this writing, GMT is consolidating in a falling wedge pattern(usually bullish), and sitting at the 0.236 Fib level. It's possible that GMT will break 3.45 and reach up to 4.0 levels. Will be updating this post as time passes by.
ASTR is currently in an uptrend. It may continue the rally up; however, the trend is at a decision point. Where will ASTR head? Let's look at the 4H chart and see what we have. The currently bullish factors: 1. Falling wedge formation, which is usually bullish 2. Tested Lower channel support 3. Price above EMA100 4. Possible early RSI breakout The...
Ethereum Classic performed a 2x move last month. After a while of a downtrend, ETC is now consolidating. What makes this coin "at an interesting point"? Let's look at the 4H chart and see what we have. 1. Recent RSI Bullish Divergence, 2. 0.618 Fib support 3. consolidation between 0.618 and 0.5 Fib 4. Falling wedge pattern(usually bullish) While there are...
Hello. GALA has recently exploded almost 200%, from 0.10 to 0.28. GALA still has more potential and can reach 0.5, but for now GALA sits in a range from 0.2 to 0.288. Where will GALA go? We will be looking at GALA. Like I said above, GALA is sitting in a consolidation from 0,2 to 0.288, which is a big difference between the high and low of the range. We do not...
Hello. Shiba Inu(SHIB) has been sleeping over the past few days, but the next wave of SHIB enthusiasm may be coming... or not. In my technical analysis we will look at SHIB and where it may be going. SHIB is a meme coin which went up tremendously last October. This November however, SHIB kept making lower highs as the price consolidated and the hype died down....
Hello. In my technical analysis, Livepeer(LPT) may be set for a 2x from 60$ to 120$. Livepeer recently did an amazing 250% move starting from November 1 until November 9. From the peak of 101.8$ it tumbled to support at the 60-62$ support and the 0.5 Fibonacci. After that, Livepeer has formed a triangle pattern marked by the red and green dashed lines. I...
Hello. Internet Computer(ICP) in my technical analysis is ready to reach 100$ for the first time in 5 months. What makes ICP a potential cryptocurrency? : 1. RSI bullish divergence, indicating that a reversal of the previous downtrend may have occurred. 2. Fresh price breakout of bearish trendline(white dashed trendline) a few days ago, indicating a reversal...
Hello. In my technical analysis, Ellipsis(EPS) is a potential breakout token. I'll show you why. What makes this a potential breakout cryptocurrency? 1. EPS has been in a triangle pattern from September until now, in which price hasn't broke out of yet. 2. RSI divergence in Late September 3. RSI approaching 70. While this sounds bearish at first, RSI can...
Hello. Bitcoin(BTC) in my technical analysis is ready to march into the 70k mark, and possibly 73k. BTC recently broke its ATH(red dashed line), and people will perhaps FOMO into the coin. BTC broke its all time high with the help a triangle pattern breakout marked in yellow and green. The breakout candle had thrice the volume of the preceding candle, which...
Hello. According to my technical analysis, LINK is ready to have a good rise in price. LINK recently broke the red dashed line and the 0.5 Fib in one daily candle, which is bullish. LINK also broke out of the triangle pattern highlighted in orange, with healthy decreasing volume. The RSI formed its own triangle pattern, in which it did not breakout yet. If...
Hello. According to my technical analysis, the ALICE will continue to have a bull rally. ALICE the past week has been sitting in a sideways range from 13.5$ to 16$. However, Price recently had a breakout of the channel with very strong volume, meaning that there may be a possible move to the upside. Before the breakout, price was supported by the 100 EMA...
Hello. Loopring(LRC) which has been consolidating over the past few days in a symmetrical triangle pattern. But the time is coming for LRC to finally move again. In my technical analysis LRC may go upwards. Prior to the triangle pattern, LRC skyrocketed from a mere .40 to a high of 1.71. After the skyrocket LRC remained silent for a while with low volume. This...
Hello. Filecoin(FIL) has been performing rather slow, still -75% from its ATH(All Time High). According to my technical analysis, FIL is ready to catch up to the rest of the crypto market. FIL has been sitting in a large triangle pattern composed of the yellow and green dashed lines in the chart. Price is currently at the support. RSI shows some bullish...
Hello. According to my technical analysis, Enjin(ENJ) is ready to break its All Time High. We may see price go to 4$ , or maybe even 5$ in the next 2 weeks if we have a breakout. In the 4 hour chart we can see a price triangle pattern, drawn with red and green dashed lines. Price is currently resting on this pattern. This is part of a healthy pullback, with...
Hello. According to my technical analysis, Decentraland (MANA)looks to be ready for a round 2 bull run. Days of MANA consolidation may be over. Former resistance(red dashed trendline) has been broken with a breakout candle with decent volume, which is bullish. The 100 EMA former resistance has also been broken. The 0.618 Fib acted as support, helping price...
Hello. My short-term technical analysis on Polkadot(DOT) shows that we can have a move to 57$ and beyond. We have multiple supports reinforcing the 50-51 support level. We have: 1. ✅100EMA 2. ✅0.236 Fib 3. ✅Lower part of Price Channel 4. ✅Double bottom The 14-RSI also is resting on its own support(green dashed trendline) with a breakout on it's own...