I'm unsure how I feel about the ATOM/BTC pair at the moment. Looks like it has broken the downtrend from the previous cycle, but overall, it's still stuck in a downtrend from initial listing. Forming a rising wedge, which is technically bearish. Sitting at support on said wedge. If support breaks, 1850-1900 satoshis is possible. If it does get to that price,...
I am an amateur! This will be my first time posting and analyzing something that is not a shitcoin. Be gentle, but constructive feedback is appreciated. Overall: TOTAL2 is at support, defined by the black parallel channel. This channel has stayed intact since the coronavirus market crash mid March. There have been multiple touches of the bottom of the channel,...
SOL/BTC It seems to have broken the down trend, stuck within a range, in possible accumulation? Double bottom, possible bullish flag on the 4 hour chart. Low risk buy is 5600 area if it gets there again, easy to cut if closes below. Can wait for the S/R flip of the 7200's area. BTC dominance might be in reversal mode, so take some caution here. If BTC dominance...
This cryptocurrency has done really well over the last 6 months, increasing by a factor of 7x! I have only been in this since the 6400s, so just a 2x for me, but I will take it! Bearish divergence showing up on the weekly, might be time for this to cool down. Correction to the 11000s area, but may go down further, could see a retest of the breakout triangle.
Not an expert here! I picked a random cryptocurrency on Kucoin and I came across this one. Things I like about it: Unpumped, bullish divergences on the RSI for the monthly, weekly, and daily charts (daily shown here). Looks like it's ready to break out of this parallel channel. This may be a long term play so don't expect much out of it yet. There are so many...
Algorand looks ready to catch up to the rest of the market. About to touch a major down trend line, and altcoins have been breaking their long term downtrends as of late. If altcoins keep performing well and bitcoin dominance doesn't go on a rager, then expect Algorand to move soon. If it breaks the trend line and makes lower lows, then it's negative price...
Not an expert. I'm taking a stab at this for the following reasons: Before the token swap, STORM had a huuuuuge run up. I'm hoping that the algos and buyers step in here. Has formed a bottom on the 1 hour chart with a bullish divergence on the RSI; trading as USDT as BTC is acting up. I think we're overall safe for the weekend as there was just a big drop, but...
I've been in this since about ~250 sats and have been selling part of my stack at the top of the channel. If it bounces off the bottom of this channel, then it's more upside. My final target for Polymath is 1050-1200 sat range (weekly cluster). With the way the altcoin market is behaving, it's definitely possible. BTC dominance seems like it bouncing and may...
I am no expert, just posting my thoughts. Crypto Twitter is alive with crazy moon targets after TFUEL ran 10x over a few days. The last time SHITPERP hit this trendline, drawn as a parallel channel here, a massive correction occurred. Negative divergence on the RSI. Is a correction due?