We have a crystal clear support level now with multiple test. Simply put, break the support, short. Until then, stay long squad.
Watching for support to continue to be support, and pop this alt up to POC resistance around .70-.80. Will take ATLEAST partial profit then, and recalibrate.
If the rest of the market catches support, this thing will rocket. If we keep dropping market wide, well....I would just short a retest of this first support/flip resistance zone. Heading higher? Watch out for a wick through all-time highs with a major flush back down.
Aiming high here with a bullmarket at our backs (hopefully) this bounce is just getting started.
Not only has this coins company been building out a major foundation , the trading has been hot for weeks now on coingecko and coin market cap. Even amongst all the meme coin insanity. Now for the chart, I've got alerts set at my 7c mark. This is a hefty level ass a ton of volume was traded there. If we hold above 7c with some daily canlde closures, we are going...
This singular POC resistance level marked multiple massive rallies in the past when it was broken. With the first major all time high break in 2021. Im sure we'll see another gnarly move through this level, but will it make it back to the top?
What a range we have here on RBLX. With higher lows into a strong resistance, Its certainly looks bullish, but we need to wait, and it may be quite some time we will be waiting for. You can range trade this of course, but we are tightening up now so its going to get a bit choppy.
After seeing a triple bogey test of the support zone marked up, Im looking long here. This 30% drawdown correlates nicely with the rest of the market and BTC pulling back. Finding support as clear as this during a market wide pullback, will allow for so many more eyes to catch on and see the potential trade.
This chonk has been talked about alot. Because we are all trying to figure out why the 2nd amazon of the world has been beat down so bad. So, here we are, with a beautiful and crystal clear line in the sand thick neck line. Break that neck line, confirm the pattern, off to the races. 125 target long term ,then reestablish a view. ||Chart is inverted.
Gaps are for buying and selling right? Well, this gap is right into a 52 week resistance level, with all 6 timeframes decently overbought. Looking short here with first target at 75. This thing moves slowly so i'll revaluate whenever we get there. A move to 77 would not be ideal, allowing for a potential break and bounce of this POC level, giving some potential to...
Simple consolidation zone POC. Should act as some resistance. This will be a scalp play for me, and if it works out, i'll look to get in on another higher low move. I'll scale out 25% as it makes the move in my direction.
Compare this Chart to BTC2 as per my X post, we can see a big base o support formed with volume, price traded around that POC support, then brokeout nearly 80%. I am expecting at least a breakout, % wise, who knows with these low vol alt coins.
This looks an awful lot like the SUI play from yesterday. We had a false breakout on the 3rd attempt of a small descending channel or bullflag, with some POC support holding up the drops. We are making that third attempt at the breakout of the channel now on APT.
I'm looking long here considering the bullish season, And the risk is right close by at .545. Over .609 we have to be careful of the false breakout over 609 as we can see historically. Closures over .609 will see a nice target at 652-707 or a bit higher.
After seeing a perfect retest of support at the .24-25 value zone, that marked a top back in October 23, we had an 80% bounce. Keep your risk situated for crazy volatility. Continuing the run further would see at least a test of the .55-.56 value area, though this may be a week or 3 away after coiling up for another spring board breakout during rotation. I'll...
Looking short now after a failure to breakout at 1.2 Hourly support at 1.12 is the target, and a possible breakdown from there. Tight risk right here at the breakout level, have to watch out for quick wicks.
BLUR has been holding steady in this consolidation zone, seeing the up moves much bigger than the down moves. Lets get another up move for alt season continuation, and we can see .80 easy after breaking out of this zone with some good volume.
We have to be cautious of such a large pullback on the daily, but we are setting up support for another leg higher. This daily does have a higher chance at setting up a big tightening range, or a triangle. Resting on support as I type this, setting up for at least a scalp to the long side with clear risk to the downside. Ideally, we hold over 5.9-6.2 and get...