Several triangles to be found on the FTM chart. A good possibility for it to break the big symmetrical triangle. But if third factors are gonna play in such as BTC, Ether or Stock market. This might see the bottom of this triangle again.
The green box tested the bottom side of the triangle for good support. Confirming the symmetrical triangle.
The chart Looks...
Since altcoins fail to recover, we see bitcoin dominance in a strong recovery. Investors taking their profit either to USD or Bitcoin. Where we will see a strong bounce to the upside, if it breaks the neckline. This doesn't mean necessarily that the price will follow. But it shows that investors trust might jump back to Bitcoin. Since altcoins having a hard time...
Chainlink has a great potential to re-enter this white box. Plenty of RSI space to the upside.
Falling wedge stays in tact, after a quick 2 4H rebounce green candles.
If BTC manages to stable above 11k. This might shoot up to the 12-13 USD.
Stop loss under 9.5 USD.
After multiple targets been hitted arround 32-33k sats. Serum lost it's momentum and went into a down phase. It's now retesting the previous resistance. Which shouldn't be to hard to break, since it has shown a strong Previous breakthrough on it's second try.
The RSI shows some hidden bullish divergence. But however it's not within the same white range box as on...
So more a detailed Tezos chart. Some explanation on the chart.
Getting rejected after 9 days of consolidation, from the Red trendline. Blue bar counts as our big support. The red horizontal line is actually our hard resistance. A significant break is only possible, if bitcoin stabilizes good. The breakout to the 4 USDT have been shaked out. because of bitcoin...
Related to my first idea. There is still some hope left.
Seems a last hidden support channel has raisen. The green line goes back to 7 Nov 2019.
Three days in a row strong support same price. Shows a chance for growth.
Remember even Chainlink needed 7-8 months before it's big breakout.
Stop loss below 2200 sats.
Mixed signals. with higher volume then couple months before. Bearish red wave continuation till mid september. Long if support trades on time above the blue line in. Short if it falls or consolidates longer.
Hard to say a target, since it consolidated for a long amount of time.
Just to point out. The longer it consolidates, the more bears losing momentum
What a beautifull cup and handle pattern. Normally is the handle slope downwards. But I like to make it a 'U' from.
High volume within the big 'U'. Low volume within the smaller one.
Exactly how this pattern is been made of!
This might explode to the upsidr anytime.
Not a financial advice. Do your own calculations.
Seems pretty obvious. Lower highs in the past week, hitting 7 times the support channel between 6450-6750 sats. Volume also stabilized.
Just a matter of time this will fall through support and bounce back. To make another lower low.
Targets between the two red lines.
Not a financial advice. Make your own analyzes.
Forming a descending triangle on the daily chart. Most likely to see lower targets. Volume is slowly stabilizing.
Swipe already released several news in the past days. But it hasn't got them far. Basically selling the news.
So all previous Highs, till 19 Oct 2019 has been broken.
You see that we follow alongside a blue line. The green line (57) is our previous high of 19 Oct 2019.
In my opinion is this our next target in the following days.
So there are a few possibilities for the next target..
1. Following the blue line. Fast uptrend to the next previous high 57
2. Change of...
So I followed this coin for a while.
The volume is at the lowest since 30 days. It looks like we have found our support price arround 0.002300 - 0.002450
We all remember that we had a huge run up before the switch.
So there is still hope in the Long run. But the volume has to increase to let this happen.
As I know, StormX is still gonna bring some new...