kush23456

kush23456

ONE has been trading in an ascending parallel channel on the 3 day chart for some time; finding support multiple times near the bottom of the channel. Recently, it has made a strong move upwards to beat its resistance at ~0.22 and confirm it as support. It is trying to push toward the top of the channel however with the market conditions as they are (if BTC...

kush23456

LINK has had a rough time since May 2021 and has fallen >50% from its ATH. Despite the fall, the chart confirms clear long-term support since March 2020 (almost 2 years!). It has recently bounced from the lower trend line so it can continue upward within the triangle and meet the descending trend line as resistance. In the mid-term the price can bounce within the...

kush23456

ATOM has been performing well despite the rocky road BTC is paving. In its previous breakout, ATOM formed a cup & handle pattern which resulted in a strong breakout. It looks like ATOM is performing a similar pattern which began at the end of Oct 2021. - It dropped from a high; - It paused when it dropped from the high which rounded the bottom of the cup; - It...

kush23456

Axie Infinity (AXS) was one of the first gaming tokens to go on a strong run with huge % gains. The most recent impulse movement began from Sept to Nov 2021 where AXS made an ATH of ~164 and increased by ~223% in that period. Since then, AXS has been trading in a descending channel where it has found good support at the 38.2 fib level which is often a strong area...

kush23456

NEAR has had a tremendous run recently making a new ATH and is now trading above all EMAs. On the daily timeframe, we can see that NEAR has been trading within this parallel ascending channel since July-Aug 2021 with a respectable recent attempt to break out of the channel. In the short-term, it has failed to make a higher high and on shorter timeframes, it may...

kush23456

CTSI is currently trading just above its long-term support. Although it may be tempting to show a breakout from the current structure, I believe it will continue in its accumulation phase for the short-term. This is due to the lack of stepped formation in its recent breakdown of price (instead a strong red candle formed as seen on the chart). The stepped...

kush23456

MKR saw a huge rise in May 2021 followed by a sharp fall due to the market conditions at the time. Ever since, it has failed to get close to making a new ATH. It is currently trading just above one of its long-term support lines and will be testing its long-term resistance (black line) over the coming days. The volume being traded is low so MKR will only break...

kush23456

QTUM has been trading inside this channel since the market drop in May 2021. It is now trading near one of its support zones. Over the next few weeks, QTUM will approach its long-term resistance (black line) which it has tested and failed to break over the past few months. This has resulted in the pair trading below the 100 and 200 day MA. It is overall bearish in...

kush23456

ZIL is currently testing a long-term resistance (black line) on the daily chart. There have been multiple parallel channels in its journey so far. If ZIL breaks the trend line with a strong momentum candle the idea is that it will continue to trade in the upward channel. Until that happens ZIL can see a short-term fall to the green support which may be a good...

kush23456

CHZ is trading near the bottom of this channel where there is long-term support. For it to move upward it needs to clear the key resistance levels marked by the fibs (mainly the 38.2 and 61.8) and the upper channel trend line. Please note I am not a financial advisor and this is not financial advice. All charts are for educational purposes only! :)

kush23456

Alice has been trading inside this channel for some time with strong long-term support despite dips in the market. Plan to use DCA for entry and hold for the long-term. This idea is cancelled if a daily candle closes below the support. Please note, I am not a financial advisor and this is not financial advice all ideas are for educational purposes only. Please do...