ChainLink (LINK/USDT) is at major resistance on the weekly candles. As a swing/hybrid trader I trade 90% of the time on the longer time frames (4h, 1d and weekly candles) So, no stress, relax trading. When we look at the resistance levels for Link we can see that Link is at a major resistance. Only based on those support and resistance levels we can see, if...
Is AMPL (Ampleforth) ready for a breakout? We are at the 0.236 fib resistance. If we can break this resistance we will see a breakout of this wedge and it will probably hit the .382 fib and then try to find support on the .236 fib resistance. My targets for the long run: 1.31 (.382 fib) 1.53 (.5 fib) 1.76 (.618 fib) 2.08 (0.786 fib) 2.49 (1 fib) I will take 30%...
Why I see potential in LTC to go higher from here: 1) LTC is breaking out of its wedge. 2) LTC will probably go through the major resistance of the 0.236 fib at 61.72 3) If it can close above the 0.236 fib on the daily candle it will become support. My targets for the long run: 77.56 (.382 fib) 103.17 (.618 fib) 121.41 (0.786 fib) 144.63 (1 fib) I will...
My 2 cents' worth on SXP (Swipe) A lot of people got rekt by Swipe with their poor support and Binance with their staking rewards and keeping the price low when it comes to the SXP (Swipe) project. But, I never believe that this is the end of SXP. Binance has a majority stake in Swipe and Swipe will deliver the Binance VISA card. When a new coin is listed the...
Are we ready for the 5th wave? 1) We need to break out of this triangle 2) We need to get above the .236 fib 3) 4h buy signal on its way Targets: - 3.62 - 3.88 - 4.30 - 4.77 - 6.00 If we break down, our next support level is 2.9