AVAX is in a symmetrical triangle at the moment and a possible breakout is coming up in the next 3 days. Although it has been following BTC's price , it has stayed in its pattern.
Aggressive Bulls could try and jump in between 33-34$ with a tight stop loss at 32$
People waiting for confirmation of a breakout could think of hoping in towards 39$ with a stop loss...
Reef is in a Bullish triangle at the moment , although BTC has some influence on its price , it seems to be looking to break out soon.
Aggressive buyers could be looking for entries between 0.0375 - 0.038 with multiple possible profit zones on the way with the different level of resistance that are there.
For buyers who would prefer buying on the breakout , once...
Sol is in a Bullish Triangle at the moment , and it's looking like it will breakout soon.
There are 2 possible buy entries that I have mentioned in the graph , one is for more aggressive Bulls looking to make more money with more risk , not waiting for a breakout confirmation but rather betting on the event happening.
The other would be a buy position that waits...
Altough it seems to be bearish for now and consolidating a bit , Fil has a huge support at 128$ which would indicate that it will probably bounce back up , although some people would take profit at 165 $ , I would wait until it breaches that resistance to jump up to higher resistance levels.
Theta went down today due to BTC's recent dip in the market. The new low seems to align in the trend ling to form a symmetrical triangle (purple) . We should expect a breakout on either sides towards the 17th of Mai with a possible 4 $ move (yellow lines) with a possible ultimate target at about 20$ if Long.
The red resistance lines could provide later support...
Reef went down significantly today due to BTC's dip and went past a previous level of support. on the long term pattern , it seems to be showing bearish signs if it doesn't break out before June 16th.
We can also observe a Symmetrical triangle pattern in purple that has formed which could go either way with a possible profit/loss of 0.0215 of its total value...
