On the weekly chart we see a large pattern forming, my bias is to an upside break to continue the rally from earlier this year.
Once a weekly candle closes above this pattern expect new all time highs in weeks/months.
If prices fall out the bottom of this pattern and sets a weekly close, that would invalidate this idea.
Risk to reward ratio on EGLD looks very attractive right now.
1. Its just broken bullish out of a huge pattern
2. DEX is due to launch soon driving up demand
3. wen coinbase listing <3
$400 is the most conservative target.
Cardano has done this in the past, it turns into a stablecoin and looks like its painting a head and shoulders pattern, but then blasts to the upside.
I see the same pattern happening, price is already getting pulled tight. I think once RSI breaks above 50 (seen below) and price breaks UP out of this pattern, we will see cardano returning to all time high within...
I like Harmony as a project, i think it has a lot going for it, ONE is a lovely little alt coin to diversify your portfolio.
Harmony appears to be forming a bull flag on the 4h chart, additionally the previous all time highs are acting as nice support which could push ONE up to new all time highs $0.30 and beyond.
However, a break down out of this flag could...
I see a pattern developing on FTM on the 4h chart, when the RSI is falling in a trend the eventual breakout of the trend results in some fairly big % moves.
I know a guy named Ted and he loves FTM, he talks about it all the time, so with that in mind, i see more upside potential for FTM once the RSI trends up.
Theory is as follows, Bitcoin keeps doing well and with Binance being the biggest exchange they are well positioned to capture alot of the increasing demand.
Binance rams BNB down users throats in advertising, therefor, if Binance continues to do well I see BNB easily hitting $1100 (but most likely higher) in the not so distant future.
ETH has been performing better than bitcoin ever since nfts, stablecoins and dApps got popular. I think this trend looks set to continue.
If you want an oppertunity to increase your BTC holdings, trade some (or all) of your BTC into ETH (not financial advice)
VET looks juicier than lance armstrong.
if this inverse head and shoulders pattern confirms, new all time highs are almost certain.
i love VET for a long term hodl position, accumulate while its cheap!
Bit of a messy chart this one, but not only do we have a bullish pattern of higher lows and lower highs (green lines) but we also see what could be an inverted head and shoulder pattern with a price target above all time highs.
MATIC is a great project, accumulate while its cheap!
I love their ability to evolve to suit the current landscape. long term...