2 possibilities, a retest of previous high and another smaller cup, or straight to ATH.
There are clear signs of strength in this one
A smaller cup would make the accumulation stronger with bigger potential.
Small cap coin
There is a general negative sentiment around btc.
Could this be the end of the bull market?
There are 2 possible outcomes, one is the bearish case:
Implying there have already been 5 waves to the upside and we are already in a bear market. It is possible, but given the general sentiment of fear I do not think that's the case. No bull market ends in fear, but in...
Big bullish pennant formed, likely to break to the upside.
The 1h chart has tested the resistance line multiple times.
The chart is against btc, therefore it could also be that usd pair doesn't rise much if btc collapses.
Ach had a nice period of accumulation against btc on HUOBI, way before getting listed on coinbase.
That accumulation ended with a 10 000% growth in a short amount of time, mainly due to the low marketcap.
After that it corrected around the golden retracement ration.
I suppose we are now in wave 2 against btc.
By looking closely one can notice the resistance...
Possible bullish reversal forming for fetch.ai
There is a clear inverse head and shoulders forming right now.
The right shoulder is forming right now, and it's trying to break out of a falling channel.
If it breaks out of the channel with decision it's likely to complete the right shoulder in the near term and start an uptrend against btc.
On top of that the...
icpusdt is down over 90%
There is a beautiful falling wedge, with multiple divergences on many time frames.
IF this plays out by textbook, we could see a possible reversal.
Usually falling wedges break to the upside.
Nothing is certain, but given the 90+% drop, the divergences and the beautiful pattern, it's very likely we are bottoming around these levels....
Celo looks great against btc.
There are multiple bullish signals.
Nice green volume.
Completing wave D of the accumulation pattern, wave E could be very small, therefore it could be noticed on a small tf. A breakout of the resistance line could propel it very high.
On top of that it's backed by some fundamentals (recent partnerships).
We could see a trend change...
Pool is a new entry, one interesting project worth keeping an eye on.
It's a decentralized lottery with no loss. Won't discuss the fundamentals here but it's a solid project backed by coinbase.
Let alone the fundamentals, let's focus on the technicals.
The chart shows a bottoming formation:
on small tf 4h: there is a clear inverse head and shoulders, which...
This could potentially outperform most of the altcoins.
The fundamentals are there, kyber 3.0 incoming.
The technicals are even better:
On small tf 4h: Inverse head and shoulders completing
macd looks good
On the bigger tf:
There is also a big inverse head and shoulders. The small tf reversal could propel the price to the bigger...
Zilliqa looks really good.
If it completes an abcde pattern, or a cup and handle/ breaks the red line of the symmetrical triangle, things are likely to go very high.
A breakout of the rising channel would see the price propel very high, usually when rising channels are broken to the upside, a parabolic rise follows.
This can be seen on theta/btc and...
One rarely sees a cup and handle of such quality.
There are multiple factors suggesting further upside.
1) The reversal pattern
2) Macd turning green on the daily
3) Growing RSI
4) Volume breakout
5) Forming an inverse head and shoulders against btc (not shown in this chart)
If btc continues the positive trend, 2$ would be possible.
Just an idea as usual, do...
Blockstack looks good.
Accumulation pattern formed and breaking out right now.
Part of a bigger accumulation pattern.
Nice green volume.
further upside very likely, until completion of the bigger wave D.
Just an idea.