KUCOIN:TELUSDT is 15 days away from pinching between the bottom and top resistance that formed on March 7, 2021, which occurred just two breakouts ago. The most recent breakout took 14 days to complete and resulted in a +1,077% gain.
If history repeats itself for a 3rd time in a row, we'd be looking at a +1,105% gain by October 10th, if TEL...
There is a clear cup and handle forming on the daily chart for KUCOIN:VRAUSDT .
There is about a -29% drop to MA 200, which I expect to be the lowest point before a reversal.
The last breakout saw a +2,447% gain!
It's my opinion that the safest bet would be to wait for the candlestick to break through the top trendline and then retest it as support, before...
I've been tracking TEL closely because she's a favorite position of mine, and she's treated me well, considering I got it back in February.
I was reviewing my chart last night and realized TEL is still looking really bullish on the daily candle view (MACD is possibly crowning, and the gap between blue and orange lines is still widening).
I was analyzing BINANCE:CAKEUSD this morning and realized it's in a pretty predictable ascending channel.
After looking at the date range and price gains for its daily candles, my projection is that we'll see a rough 32% gain fulfill within the next week.
What do you think?
CAKE is forming a classic bullish flag a breakout imminent with strong potential for an upside breakout around May 10th.
If we break through the resistance we faced at $44.21, I'm setting our first target at $72.71.
However, my fib retracement did put our top target at $131.41
What do you think - am I onto something? Drop a comment and let me...
I ran a forecast on TEL/USD last week and noticed it was following a horizontal wedge pattern.
I established the support and resistance lines and drew a green line to represent the same pattern it's been following in the prior weeks.
Checking back today and I'm seeing it's following the same pattern to the T!
It's trying to break out, but my...
We had a little bit of a surge yesterday, but was it a false breakout?
Initially, I had created the blue wedge, with blue boxes to indicate the potential growth of a breakout. Still too early to see if that holds true.
So I went ahead and zoomed out my symmetrical triangle support floor to include the trail right before the last surge, which is...
I've been reading up on how to read charts, and I'm loving the symmetrical, ascending and descending triangles!
I spotted a symmetrical triangle here for TEL. Obviously, I'm not taking into account the drop associated with BTC-inflicted volatility.
It's showing a potential breakout around May 17-29th, with a range that could lead up to...
Full transparency, I'm new to investing. But I'm an SEO by trade, so analyzing is what I do! Been teaching myself how to use stock indicators, and just took a stab at running a symmetrical triangle on ONE today. Look how spot on this projection was! I'm seeing the 1st level of resistance at just over $.20.
What do you think? Would love to hear feedback from the...