#HEX CHARTS ANALYSIS ONLY. WE ARE DUMPING DOWN 12%!!! I DELVE INTO THE CHARTS TO SEE THE DAMAGE LIVE.
DEFI
#HEX ONLY VIDEO. NIGHTLY WRAP UP 4.15.21 9.35 UTCJOIN ME AND THE OTHER #HEXICANS
AS WE DELVE INTO THE #HEX CHARTS
Symmetrical triangle in Mantradao Cup and handle near completionThere has been a symmetrical triangle pattern forming inside the handle on Mantradao's cup and handle pattern on the daily chart. Considering the potential for Ethereum defi tokens given the recent Eth upgrade, OM may have just printed the final higher low before breaking out of this triangle.
Bitcoin coiling up for new breakoutWe are currently coiling up for a breakout. We do not have alot of volumes at the moment and will most probably happen in new york session only because that is where the volumes are coming from usually. targets
Bigger picture with the previous breakout and price action:
Trade setup:
Note this is the 3rd bounce off the trendline so we could see a huge breakout or fall under the triangle. wait for confirmation on a hourly for safety
Mantradao OM: new ATH & 10x so far this year. Where next?Mantradao has formed a perfect cup on the weekly chart and hit a new all-time-high in the last 24 hours. It now has strong support around 50 cents with a 0.618fib golden pocket giving support at 32. Next macro target is $1 as this will most likely be a key psychological level, although the 1.618 fib extension target (not shown) would now be $1.15. As the fundamentals of this project keep improving along with growing awareness, the question now is when this target can be hit rather than if. What are your thoughts?
Mantradao looking strong in aftermath of Binance listing Mantradao's OM token has had a fairly standard price spike following its listing on Binance. After breaking out of a descending wedge, its next bullish target looks to take it back up to the level it was trading at last September.
Link to article on Binance effect here: bitcoinexchangeguide.com
Is this going to be a cup and handle for Mantradao (OM) ?Not as symmetrical as I'd like to see a cup and handle, but given where we are in the crypto market cycle overall I remain optimistic for a decent breakout to the upside soon. It'd probably be a stronger signal if the handle continues a little further. I'm not particularly bothered by the high left hand side of the cup, as this is a new chart which includes a massive spike typical with initial listings.
[$DEFI] Video d'analyse Balancer , Kava & CompoundBonjour à tous,
Video focus sur 3 projets DeFi :
- Balancer
- Kava
- Compound
Si vous désirez une video sur d'autres projets , laissez moi un commentaire pour une prochaine vidéo dédiée.
Bon visionnage !
Stay Safe
Excellente fêtes de fin d'année ,
NicoDonCrypto
More bullish action expected soon IF this pattern stays intact*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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THESE could hint either a continued uptrend or a pullback*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Bulls & bears intersect here - what to possibly expect next*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Why sudden drop in price action today & what to expect next*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Key resistance & support levels to watch NOW for the bulls*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Possible pullback scenarios if this BULLISH trend continues*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Strong resistance in THIS zone can it break out soon?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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KEY support & resistance levels to watch in this pullback*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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