MITH/USDT recently caught my attention as I was looking for smallcaps with decent chart setups and fundamentals that align with potential breakout zones.
With a marketcap of only 80 million right now there's great potential for multiplying your money once it takes off because not a lot of money is needed to move the market and that is also what makes this a high...
XRP/USDT is close to the tip of a falling wedge and looks like it's about to break out.
Strong bullish divergence on the last drop and the current price action looks very bullish, price already moved over the downtrend and we should see another leg-up within the next few candles.
Double bottom on the 4hr 200 MA as well.
It's currently showing a very similar...
LINK/BTC is moving closer to the tip of a big falling wedge which formed over the past two months which meant it under-performed against most bulls expectations and ranged between 26$-32$ during most of that time which made for a frustrating experience for bulls while the rest of the market boomed.
Now the falling wedge is nearly completed and the closer it moves...
RAMP/USDT got listed on Binance three days ago and on the 15m the chart probably couldn't look more like a cup & handle than it currently does.
The handle reversed right at the 0.786 fib-level and so far looks like a clean falling wedge, that pattern combined with a fairly low marketcap (at least under current market conditions) of 150 million and a thin order...
BNB/USDT has been setting up a symmetrical triangle for a month since it hit its ATH and is now on the verge of breaking out.
Due to the way the pattern is set up and fairly low risk associated with the trade a bullish breakout seems more likely than a pattern failure.
This looks like a great buy zone to me but I will wait for breakout confirmation first before...
GRT/BTC has been setting up an ascending triangle since roughly two weeks and had two fakeouts in a row due to BTC's spike but now looks promising for a long position after successfully retesting the uptrend.
Either DCA as long as it's inside the triangle or buy after it breaks through the resistance.
Buy zone: 1640 - 1850 sats
Important resistance: 1900 sats
DOGE/BTC is currently in a month-long falling wedge and very close to the tip of the pattern which is usually the best time to buy before a breakout.
We can also see it test the previous downtrend resistance which ranges all the way back to May 2019 and now acts as support, you can get a better view of it in Guapeva's analysis which you can find...
DOGE/USDT has been in a consolidation phase for the past few weeks and due to the BTC price increase the DOGE/BTC pair has suffered quite a bit but the USDT price has been pretty stable.
DOGE is very close to the tip of a symmetrical triangle so we'll likely see a decision soon and finally some movement.
Wait for a breakout before you enter so you don't get stuck...
IRIS/BTC got listed on Binance a few days ago, formed a falling wedge since then and looks ready for a bounce.
The wedge ends right on the top of the previous uptrend channel which also has additional support from the 45m and 1hr 200 MA.
Order books are thin as paper so I expect a bullish breakout soon.
Buy zone: 490-540 sats
Depending on your risk management you...
DOGE is currently in a falling wedge on both the BTC and USDT pair which will likely lead to a breakout in the next few days.
Buy zone is around 0.0029 - 0.0035, try to get in closer to the trend line or wait for a breakout first depending on your risk tolerance.
This is a high risk - high reward trade so manage your position size accordingly.
Good luck and let...
TFUEL/USDT is right at the tip of a symmetrical triangle if we look at it on the log chart and currently building support on top of the first big move (green dashed line).
I lean more to the bullish side with this setup but you should also be prepared for a big move down which could move TFUEL to around .7 cents which means that you should either wait for a...
BTC /USD is in a descending broadening wedge on the weekly and on the last count of the move.
This formation breaks out to the upside in about 80% of cases.
Wait for a weekly close above the formation if you want to play it safe or you might end up buying the top in case this setup is one of the 20% that fail.
If you do enter now remember to keep a proper stop...
LINK/BTC looks well positioned for a long - it's within the 0.786 fib-zone and at the tip of a falling wedge which work very well on LINK and we can also see strong bullish divergence on the RSI.
Buy zone: 38500-40000 sats
Good luck and let me know what you think!
LINK/BTC is currently at a point where a few trend lines converge and indicators show bullish signs which should provide enough support for a reversal.
We can see support from the previous uptrend which started early January and it's sitting right on what could turn out as a descending neckline.
There's bullish divergence on the hourly RSI since almost a week and...
Previous short idea:
LINK/USDT has retraced 30% without a proper bounce yet and is currently sitting close to the bottom of the uptrend channel and on the 4 hour 200 MA.
We can see hidden bullish divergence on the RSI which usually indicates a good spot to re-enter...
LINK/USDT has performed nicely over the past weeks and is currently close the the tip of an ascending wedge.
It's likely that it will correct very soon and test if this new channel will hold.
One smaller move upwards is still possible so either keep it a small position for now or wait for breakout confirmation.
Targets are at the bottom of the small channel or if...
ETH/BTC has broken out of it's long term downtrend and made an impressive move over the last days but now it looks like a great place to take some profit and buy back in lower.
The reason for that is:
1. ETH/BTC shot right through the daily 200 MA and hasn't had a proper correction since. Now it's very close to the daily 314 MA and will likely bounce off it and...
LINKBTC is near the tip of a falling wedge which have a bullish bias and it's very close to the daily 200 SMA.
We can see bullish divergence on almost all timeframes and the 23500 - 25000 range is a zone of major support.
The parabola for LINK/BTC is still intact and it's very close to it.
This all points to a reversal in the near future and looks like a great...