I expect the price of ETH to drop a little bit because of the overbought RSI and the head & shoulders forming. Great moment to stock up when entering the buy zone.
A lot of panic selling was going on. Always do your analysis and don't let your emotions take the overhand though it will be hard sometimes. As you can see on the chart the support did hold.
As you can see on the chart the support was holding for now. RSI is still showing some selling power although i do think support will hold. Don't panic sell, always do your analysis first.
SOL has had a nice run and is now, after correcting a bit going sideways. Great opportunity to add some to your portfolio. SOL is definitely preparing for the next run.
If you haven't bought RUNE yet, but the testing of support. Great opportunity.
If Cardano can close the day above the highlighted green zone this will then act as the next support level. I think the red resistance line will then be broken pretty easily. Let's watch what happens and enjoy the show.
I like the pattern XLM is following at the moment. Let's see if history will repeat once again.
BTC is still following the channel that i posted on the 21th of februari. I think Bitcoin will stay in this channel for the coming days before breaking out to the upside.
Looks like a solid bullish pattern to me. If ADA closes the day above the green support line of the bullish channel i think there is a great possibility we will see Cardano hit and maybe break the last ATH.
As you can read in my previous posts i was and still am bullish on Cardano. But.. what goes up must come down at some point. It looks like a head and shoulder pattern will form on the one hour chart although it is a little early to predict. Anyway i'm pretty sure ADA will test the previous resistance as support. If it holds we can see a spike up again, if it...
Looks like a inverse head and shoulders pattern is forming on the one hour chart. Let's see how it plays out.
Nice to see the strength of ADA. As i predicted in my previous charts, ADA would go up if it was able to gather the strength to brake trough the resistance which it did. Let's see if ADA can brake the current resistance again and see new ATH's being set. Let's go.
People screaming lot's of doom scenario's. No worries on my side.. XLM is still bullish and new money will flow in as the market sentiment is starting to get more positive again.
As i said in my previous post about ADA it was crucial that the support would hold. Luckily it did hold and now ADA is struggeling to brake the resistance. If the candle on the 1 hour chart will close above the resistance i'm pretty optimistic and i believe we will see a up trend again.
If ADA is able to hold the support zone i'm not really worried this bull run will end. However if Cardano does fall trough the support i think it can take a while to recover.
Nice to see how history can often repeat itself. Let's see if it will repeat itself once more. Overall BTC still looks very bullish.
I've spotted a pennant bull flag on Cardano. ADA looks still pretty bullish to me, let's see where it goes from here.
Look at the chart and see a bullish pennant pattern repeat itself. I'm curious to see how it will develop from here.