Weekly: long term analysis After more than 95% deep correction during the bear market, BINANCE:ENJUSDT is confirming a reversal attempt on a weekly time frame. Volumes are increasing and hinting a reversal completion. Short term analysis The breakout of the resistance line happened at the beginning of March. Then we witnessed a nice pullback which...
Weekly: long term analysis After more than 95% deep correction during the bear market, BINANCE:GLMRUSDT is building a reversal Head&Shoulder on a weekly time frame. Volumes are increasing since the All Time Low corresponding to the Head of the pattern and is following perfectly the H&S psychological structure. Short term analysis The inverted H&S...
Weekly time frame BINANCE:ANKRUSDT performed very well in the last bull run comparatively to the market. After a 90% decline from its ATH, ANKR formed a very clear support at the 0,017$ zone. In the beginning of 2023 ANKR witnessed a very strong momentum with volume and recorded a +285% increase. Since then ANKR evolved within its range Daily time...
Weekly time frame After a 90% decline from its ATH, BINANCE:BCHUSDT evolved in a range market for a full year before exploding upward in June with astonishing volumes. There was a very bullish news which amplified the movement. Daily time frame Since then, prices are digesting this big movement in a triangle consolidation which could soon be over. We...
Long term analysis STX has performed very well during the last bull run. After a deep correction during the bear market, STX showed good signs of life (interest from market participants) from February 2023 with great price surge alongside increased volumes. Every past golden crosses (MA crossing, see orange circles) developed into a significant upward movement...
Weekly: long term analysis While Bitcoin is King, BINANCE:DOGEUSDT is memecoin's King. After around 90% deep correction during the bear market, BINANCE:DOGEUSDT has built a very clear horizontal support at the 0,057$. Prices are contracting between a descending resistance line and this horizontal support to form a long consolidation triangle pattern...
Weekly: long term analysis After around 95% deep correction during the bear market, BINANCE:SUSHIUSDT has revisited its lower point from which we can identify a reverse H&S pattern. This pattern is characteristic of a trend reversal when formed on a strong support. Let's have a closer look on shorter timeframe Daily: short term analysis Increasing...
Weekly: long term analysis BINANCE:ICPUSDT defined an All Time Low (ATL) at the 3$ level. After that low, ICP witnessed a very strong momentum upward with incredible volumes. It is now consolidating for several weeks at the current price level. Let's analyze it in a lower time frame to plan an entry. Daily: short term analysis Since the ATL, ICP had a...
Weekly: long term analysis THETA was one of the best performers during the last bull run. After a 95% deep correction during the bear market, THETA has built a very clear and horizontal support at the 0,56$ zone. Daily: short term analysis After a first strong upward movement (from S1) in the beginning of 2023, FTM has been building a double bottom with...
Weekly: long term analysis AXS was one of the top gainers of the last altcoin bull run. After more than 95% deep correction during the bear market, AXS is building a reversal Head&Shoulder on a weekly support zone around the 4$ price. Daily: short term analysis The inverted H&S pattern is attempting a breakout upward. If this breakout is confirmed,...
Following the BINANCE:THETAUSDT trade setup the second token of this project is breaking up More info to come
Weekly time frame analysis BINANCE:BNBUSDT was one of the best performers of the last bull run. BNB retained its value relatively well ("only" -70% from ATH) during the bear market and formed a clear support zone around the 200$ mark from which it seems to currently be bouncing back to initiate the next impulse. The Bollinger bands are very contracted and...
Weekly: long term analysis FTM has performed incredibly well during the last bull run. After a 95% deep correction during the bear market, FTM has built a very strong and clear support from the 0,17$ zone. A double bottom is currently forming at this level. At the very beginning of 2023 FTM recorded a +200% increase with increased volume showing some market...