My chart really explains it - we're likely in a falling wedge with the obvious bull trap in early Nov and bear trap just a few days ago. Market is looking reasonably healthy as this whole rally has been pushed by spot trades. Note the RSI reflects my falling wedge perfectly in the price chart. We really should see it break out before December 12th -...
This idea is all dependent on BTC playing ball.
Cardano is running out of space in that wedge being squeezed. Need volume to confirm the breakout.. I've charted the targets FYI.
Look for Cardano NFT season coming soon your way too which should drive this price up too.
PS this isn't financial advice.
Soon as we break that 0.5 fib level on my chart, it'll coincide with the break of the trendline dating back several weeks. C98 is a big mover, it doesn't believe in slow and steady. We either rocket ship up or we plunge so do be careful. This is further backed by the Bollinger Band being squeezed right now on the daily. That's the bigger indication here.
This is just an idea I have for KEEP. It broke out of its long falling wedge but with little volume. Seems like we're in accumulation phase. DAO's are going to be the next wave (we've had DeFi and NFT's) so KEEP is definitely something to keep an eye on.
This is just an idea I charted back in early October. Putting it here to see others' thoughts. I have 3 theories on how this market cycle is going to end. This is 1 of them which is quite bullish and is reflected by this chart:
Early Jan will be the peak of the altcoin season hence we drop below the 2017 BTC.D but then instantly pump back up. The whole market...
Polkadot is just really getting started. Today the parachains were announced and the PA reacted instantly.
A famous saying goes "show me the charts, I'll tell you the news".
Well right at the end of a near perfect cup n' handle, parachains were announced. Coincidence? Fibonacci? Random word to sound smart yet mystic-like?
Whether you buy in now or the retest...
Feels like it is. Very similar price action and price structure.
CZ just announced the $1b incentive programme - obviously the biggest out of all the ecosystems right now. This fits perfectly with the quarterly burning event happening any day now (usually within 2 weeks of the end of a quarter).
Doesn't take a genius to see this equation:
reduced supply + huge...
Guys, Wilder is looking legit. Such a great buy in position right now - we're at the bottom of a falling wedge. Not much room left before price has to explode. The risk to reward here is also insane. Big support around $1.36 area so that's the risk right now. I personally think WILD will go way above $6 in the long term but for the month of October, a $6 WILD is...
I know what you're thinking. It's too soon. Well let's see.
Allbridge just launched their ABR token on Uniswap just over 24 hours ago. Most people will argue TA won't work for coins that new. I'd usually say yes. I still do. But this is more just my prediction of what I think will happen to test my knowledge and what I've learnt the past few months.
I'm super bullish on Olympus DAO. Its Trading View pair is OHM/DAI. Double bottom confirmed on the daily so we should see ATH's within the next 2-3 months.
A good indicator the past few months for me to test BTC has been OHM. The pairs are inverse to each other basically. Check this:
Don't think this will stick now since...
If you haven't heard of Verasity yet, I highly recommend you check it out. This project has very sound fundamentals and is progressively going up. It should be a great Q4 token to hold.
As always, manage your risk and put SL's in place accordingly.
I'm personally a huge fan of the Oasis Network. I think their tech alongside Polkadot's parachains (very similar) could prove to be the winners in the smart contract platform world.
What I'm trying to say is that ROSE has amazing fundamentals, are backed by the likes of Pantera Capital, a16z, Polychain Captial, etc. and have an amazing product.
To top this off,...
Chart says it all really.
TrustSwap has sound fundamentals. They acquired the Crypto App which has 2m users back in June. Their IDO's should be launching when the bull market is back in full swing and so should the SWAP token.
Also check out the Bollinger Band, getting compressed there too and ready for the next big move up.
First post here. This is just showing what could happen as a possible max pain idea for this bull run. If BTC drops down to that .618 fib and coincide with the falling wedge , I think we will have an absolute bottom there as I'd imagine MM's will be ready to pump the market and make their killing from the inflush of new retailers looking to get in onto the crypto...