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There's been a lot of pressure building up with XTZ. Hold on this one to see what it does over the weekend. It could just as easily get rejected at the resistance level, but after 3 aggressive runs, I think it's only a matter of time before bulls take over.
LRC is showing some really bullish signs. There is a risk here with the RSI being right at overbought, but LRC has had a major trend going and I'm willing to bet it will ignore it like last time. - Entry: .40 - Stop Loss: .305 - Target: ~.75
If we close the hourly above .30 I would except another retest of the previous high.
Watching this one closely, it followed my trendline perfectly to break out of the downward trend. It's possible it will retest the previous high. Thoughts?
.34 is not ADA's ATH, though it seems like this given its long winter. But personally I think this bullish triangle is backed some really great fundamentals, not to mention there's anticipation of Smart Contracts being incorporated sometime in (March?). Interesting what this will do. I'm a HODLer, so mostly just watching :)
If we don't see this close above the 5.60 support line, we could see a retracement down to 5.27. I have a stop loss there since I'm out for the weekend. And besides, if it breaks below 5.27 then we've broken down from our upward wedge and will need to reassess. Thoughts?
Possible breakout coming for Cosmos, now is a pretty good entry. Entry: 5.89 Stop Loss: 5.24
UMA has been consolidating for a while now and forcefully rejected an intense downtrend. If it closes the day above ~10.24 we could see a sustained upswing. Technicals are signaling close to overbought though, so the risk would be another correction to the bottom the trend-line. Watching this one to see what happens. What do you think?
XLM showed a healthy retrace on the bullish upside and is forming an ascending triangle to retest ATH's. Expected path, possible it breaks out earlier.