$SQ If you are trading Square, I would be very careful. On the weekly chart, price is touching the top of the massive ascending channel (likely to test the bottom eventually), huge bear div on RSI, and a potential reversal doji. Technically, this screams "take profit."
$QKC is up 20% since entry. 1. Approaching long term descending resistance. 2. Ascending triangle (bullish) consolidating with higher lows towards 1169 (red line). 3. Wearing out the present supply zone. Watching that line closely. Still holding 50% of position.
QKC is the "biggest loser" on Binance in the last 24 hours, a good place to start when looking for trades. - TD Sequential gave a buy 9 on the 30 minute - TD Sequential gave a buy 9 on the 1 hour - TD Sequential is an 8 on the 4 hour - Volume increasing, and precedes price - Bullish divs on multiple time frames Is this one bottomed out?
- RSI is oversold on the daily (27.8) (RSI not included on the chart above). - MACD is making higher lows, while price is making lower lows - bullish divergence. - This bull div is also confirmed on OBV, which you can see here, with multiple ascending trend lines on the lows - Price recently hit a low of 362 - the last bottom before this was 325, so it seems very...
$INS is showing promise. - Volume spike the past few days. - Bullish divergence with RSI on multiple time frames. - Support in box, above all time low (bottom fib) - June 30th beta platform release, July 2nd token airdrop - Finding support on descending resistance that was formerly resistance. $BTC could ruin everything.
XVG is traveling in a descending channel on the 4 hour chart, while RSI has formed a symmetrical triangle. This has formed a long term bullish divergence (lower lows in price, higher highs in RSI). A bullish divergence in oversold territory is a "sweet spot" for me in trades, and is what I look for when attempting to predict a significant break out. Be careful, as...
XVG looks bottomed out, hitting the order block with bullish divergence. Expecting a nice reversal from here, assuming BTC can behave itself.
I can't believe I am saying this, but XRPBTC looks interesting here. - Hidden Bullish Divergence on daily - Approaching long term descending resistance - Traveling in bullish descending wedge. I would not buy until it breaks out of the wedge.
- Nice bullish divergence on the hourly. - Hidden bullish divergence on the daily. - 4 hour is tragically oversold and working on a potential divergence as well. Still needs to break descending resistance from the wedge it is presently in. Lots of potential.
$FTC is one of few coins that is oversold on the daily. It's showing hidden bullish divergence (lower lows in RSI channel with higher lows in price triangle) going back to November. Found support on RSI and price. This will take a while to develop, but has HUGE potential.
XZC is starting to get interesting. It has been consolidating in a symmetrical triangle, and is targeting the resistance line for a potential breakout. RSI just broke out of a triangle, which should help continue to propel price upward. This is not a buy yet - for now it's watch and wait, with alarms set on breaking resistance.
VEN breaking out of bull flag - but where's the volume?
$BTC is forming a bear flag. A break from the bottom of this pattern would likely target the red line (calculated by the length of the flag pole). Let's break up instead, ok?
NULS is in yet another bullish pattern, this time a descending broadening wedge. The target of this move is the top of the wedge. Price is presently in no man's land, so entry would be either a bounce from the bottom of the pattern or break through the top.
As a result of the BTC dip, ADA formed a bull flag and subsequently broke out. The coin also continues to hover in the center of the daily ichimoku cloud, which should lead to a move targeting the top of the cloud.
AE recently pumped, and is consolidating in a descending parallel channel, AKA bull flag. The lack of history on the coin makes targets and fibs a bit difficult, but price is currently finding significant support on the one usable horizontal line (in blue).
BNB is working it's way out of a bullish ascending triangle, printing higher lows and equal highs. Assuming it does not break the ascending support line, this should lead to a bullish breakout of the upper line.
ENG has formed a bull flag over the past couple of weeks, and is testing resistance for a break out.