Blockpartytrading
TRX - About to Breakout - Easy 150%!TRX is looking like it's shaping up to breakout from upper trendline resistance.
bullish fractal
still some gas left in the RSI on the daily, lots left on the week,
Volume looking excellent.
Uptrend just started.
expect it to climb up, retrace a bit, then continue to ATH+ likely.
XLM - UPDATE: Breakout in Progress, Catch the Retrace, get PAID$Update on my previous idea, which you can find below:
Congrats if you followed and bought when I said to buy, were up 25% since the top of the entry zone.
Looking like we're topping out short term, might be a good retrace buy right now.
Pretty standard play here, everything has been going plan so I see no reason to deviate.
This is not financial advice. But if you want financial advice, Follow Block Party Trading! We're pretty cool.
Also don't eat a high sodium diet, stuff will kill you.
LRC - Update- We Aren't Done Yet!Continuing my theme recently, if you followed my last LRC trade it was good for.... 244%...
Yeah - I don't know how that happened either.
Anyway, looking at the chart, we saw almost a 30% retrace in value since hitting ATH at .6 area, nicely bring us out of oversold.
Uptrend appears to still be in tact on MACD, interestingly the weekly has a ways to go still on RSI, see below
Think we're good for at least another 120% here.. Likely higher as this has seriously legs behind it seemingly.
KEY UPDATE - 2021-01-04 - We only Consolidate so Long. Wait it!I have returned! And not a moment too soon it seems. I apologize for the hiatus, sometimes things fall apart, sometimes things come together, you know how life goes.
Anyway, on to the chart, we looked like we broke the wedge, but then stopped @ the bottom trendline, essentially widening the wedge. this is an interesting turn of events to be sure!
RSI appears to be showing hidden divergence, the price is trailing higher on the chart while the RSI is lower.
We've been consolidating and accumulating for months now.
The market is finally starting to cycle to alts from BTC. high cap had their day sunday, Monday has been mid cap push... Will tuesday be the shitcoin push?
Fundamentally, selfkey is releasing a defi platform KEYFI.
I believe all these factors will push us up to around the 2 cent mark, probably not all at once. I'm looking at this with a fresh perspective, as the market has changed a lot in the past weeks.
Past targets on the way up there are still valid.
This is not financial advice. But if you want financial advice, I would suggest you get some financial advice from someone offering financial advice.
VET - Already Brokeout, Catch the Retrace and Get Paid! R.I.Plleand now we lay to rest XRP, indeed all those troubles seem to have weighed this once promising titan down. A pity.
But like all things, when one opportunity gets delisted - another gets it's market cap.
And thus, we see MASSIVE gains across the alt charts, VET included. And yes BTC levelling off does indeed have a lot to do with the pump the timing of the XRP dump and ADA/VET/DOT/EVERYTHING pump was a little coincidental. No?
Indicators are all looking spiffy on this breakout. looks like a retrace is already forming up so catch it with an SL below the previous swing low.
TP on the chart is likely conservative if, in fact, alt season is upon us. Might be time to dust off your shells and get turtling!!
This is not financial advice. Want financial advice? Don't buy a new luxury car, it ain't worth the headache honestly.
LRC - Potential for a breakout? Charts starting to shape up!LRC is seeing some good signs shape up on the chart.
Pretty clear bullish bat just ended, already yielding +40% and giving us a clear parallel wedge.
Volume seems to be breaking out, we'll have to see if it can sustain this.
MACD is showing first signs of reversal.
Potential room for growth on RSI, though with the distance from the top resistance on the wedge being so large it's likely we'll see a reversal before the action completes.
Pretty strong indicators for a breakout in the works. I'd aim to buy a retrace or a retest.
This is not financial advice. Want financial advice? 2 words: Pet Insurance 🐕
YOYOW/BTC - Bottom out completely and waiting for another round?YOYOW saw a nice breakout a very short time ago, followed by an absolute smack back down.
In a non shitcoin market, we'd be looking at this as a potential retrace, and with all this money seemingly flowing out of BTC.D, I'm gonna call it the same here.
RSI is overbought as can be and MACD is fighting between bear and bull. Good volume on previous breakout (though the sell volume made it look silly)
Targets are mapped for long term. Potentially higher highs than this over time.
XTZ - All Signs Point to Moon? 100%+XTZ is coming up to important fundamental and technical milestones. A breakout is likely.
TEXTBOOK bullish fractal present, with the current bar being right around the text book buy point.
Overall we see a big uptrend, which we are near the bottom of.
RSI is in an aggressive spot, with room to grow; a formation we're seeing across the markets before a breakout these past few days.
MACD is ready reverse with a shrinking bear divergence.
Volume is shrinking quickly.
And fundamentally, XTZ staking testnet for RAMP DEFI launches in 2 days.
I don't know how much more you need to be honest. I can't find much reason not to buy .
This is not financial advice. But if you want financial advice, don't buy a boat! Total money pit. Get a friend with a boat! Now there's an investment 🍻