$CRO is currently breaking out from the trend resistance line. It has retraced back to the 0.382 Fibonacci Level dropping around 66% since its all-time high. Like most breakout out we could potentially see a move back down to retest the trend resistance. Due to the overwhelming publicity, and sponsorship from large several large companies and corporations, in the...
Right now ape coin has been channeling upwards through the Fibonacci channel between the 0 - 1 Fib channel levels, those in long positions do be careful that once it breaks below the 1, do expect the coin to come back down between 11.206 (0.618 Fibonacci retracement level) and 12.347 (0.382 Fibonacci retracement level). I will keep an eye on this coin for an I am...
As predicted $FTM did bounce from 0.382 fib level and has gone up 26% since. Do take profits along the way and I do expect this coin to come down in the short term and potential comeback down to the 0.382 fib level in which those who have not entered or bought this coin will have the opportunity to buy it back at a lower price.
$XMR has gone up 18% since the last post after its breakout and retest on the downward trend line. Do take some profits along the way, however, I do expect it to go a little higher
Divergence and potential next move for Illuvium. Downward wedge potential break out could happen, could it happen in the next coming few weeks or do we need to wait until it retraces back down?
Over the past few years, every time $FTM has always retraced back to the 0.382 level before bouncing back up. The 0.382 fib level seems to always be the price retracement level in which a huge bounce a price action would take place therefore this could potentially be a good area to buy in or swing trade this coin. Entry Levels: 0.942 - 1.0636 Stop Loss:...
$XMR looks like it's about to make a move to the upside as the price breaks above the resistance of the downward wedge formation and retraced back to the 0.5 fib level. Entries @ 0.618 and 0.5 levels Exits from $231 - $519
Entry between the 0.5 to 0.618 fib levels and take profits on the purple fib levels. In the scenario, MANA does not hit the 1st tp at 5.9, make sure to take some profits if this scenario plays out.
The first and second green fib retracement lines will be the entry zones. Depending on the market in the following weeks and months, Sand could potentially come back down to retrace the 0.5 level or even the 0.618 in which new entries could be placed. The purple fib levels will be your take profit. Take note, in the scenario in which price actions of sand goes...
Bitcoin is currently in a sideways market as it hits 0.5 and 0.786 twice in the last 30 days. The trend line from June to this year March has been acting as support and must perpetuate to prevent a potential bear market. BTC needs to break out above the 0.5 fib level to stay bullish.
We can see a bullish harmonic bat pattern on the daily timeframe for Illuvium
Key levels from my previous analysis at the beginning of the week are being tested right now.
Be both a bear and a bull and prepare the right tools.