MultiVAC has a market cap just shy of $3.5m.
It appears to be in bullish consolidation at the moment, above the 200MA.
We can also look at the MACD. As you can see, it is curling above the zero line, hinting that we are still in bullish territory.
TP1: 160+ (16 sats)
MTV is one of the Kucoin IEOs.
=> Kucoin MultiVAC Token Sale Announcement
High risk. Not...
A picture is worth a thousand words.
Fundamentals are incredibly bullish on this one.
Slip is a big issue on this token so no exact targets, I just approximated the measured move of the flag pole.
Likely to continue a lot higher if the market allows it to.
Bluzelle is another coin that appears to be forming an accumulation cylinder.
STOP: Close under bottom white line
Prices are likely to continue higher long term if alts continue to rally.
Accumulation cylinder is forming.
TP1: 13.5-14k sats
TP2: 17-18k sats
STOP: Close below 7k
The books are extremely thin as there are only 9 million ZEN in circulation so we just need a bit of volume to get the party started.
These are soft targets and it can go much higher if there's demand.
Trade at your own risk.
Spotted this potential bull pennant forming on the weekly chart.
Timing is everything and timing a market is extremely difficult, however based on the pattern I believe it could breakout sometime in Q4 of 2020.
-> 1.618 extension lines up with measured move (at approximated breakout point)
-> Lots of buy volume at pennant support line so far
-> Patterns like...
On LTF, we see that it broke out of and retested the ascending triangle it was painting.
The measured move for this is not large, about 10%, however breaking out of the more dominant falling wedge is significant.
If it decides that it wants to break out it should go much higher than 4.1k sats, at the very least retest the top at 6k.
We will need to be patient...
Here we have a long opportunity for Ravencoin assuming 310 sat level was bottom. We may see a retest of the 310-320 sat zone, however as of right now the 1D chart is creating higher lows and MACD is looking bullish . This could potentially be the final wave of RVN before another serious correction, which I am assuming will happen as BTC starts to approach...