Marketsurfer
$TVKBUSD - End of the correction nearsHello everyone!
TVK is about to complete the correction and resume the uptrend.
I highly believe that the ABC correction of TVK is complete and it's turning bullish now.
The confirmation of another bullish run would be above 0.7350.
$ENJUSD - Wait for itHello everyone!
Enjin has shared some great news with all of us this week.
The launch of their first blockchain is going live on April 6, one of the initiatives to go carbon-neutral and introduce multi-chain NFTs.
Let's hope that these news will be picked up by some Enjin investors and we will see the token to complete the bullish flag, breakout from it and go towards $3.60.
The current 2.20 support is very important, though I don't want it to close below that support, even if it happens there are two pinpoints to support the uptrend, support at $2.08 and lower strong support zone which you can see on the chart.
$MITHUSD - Possible triangle on the watchHello everyone!
Mithril is on the watch. There is a high bullish potential, though a breakout from the dynamic resistance is must.
Long only above 0.17100
$COMPUSD - Long on Triangle and FlagHello everyone!
Compound is traded inside a symmetrical triangle, the projection on the chart is theoretical based on the price action.
There are two points where I suggest to close long positions, 1 - based on the flag pattern, 2 - based on the triangle pattern.
You can partially close position at 1 and wait for 2, up to you.
The best point to keep in mind in all chart pattern trades is wait for a breakout, the best of the best is wait for a breakout and retest, so wait for a signal and perform the necessary trade.
$NPXSUSD - Bullish flag continuationHello everyone!
Pundix USD chart formed a bullish flag. The pair is now testing the local dynamic resistance and wants to break out from it.
If Pundix doesn't close above this resistance it might drop to 0.56700 and then continue bullish.
Watch for resistances at 0.73540 and 0.77000. The mid-term target based on the bullish flag pattern is 0.92940
$OXTUSD - Bullish continuation above 0.75Hello everyone!
Orchid looks strong and very bullish and hopefully this pace will be held for longer time.
For now I believe it's very risky to long OXTUSD, I'd suggest you to wait for closing above 0.75 and go long.
OXTUSD might also correct a bit and bounce, though I still believe the best would be to enter above 0.75.
$STORJUSD - Symmetrical triangleHello everyone!
I believe, Storj has not completed the correction yet and there should be another leg down before the jump.
And that leg down will be a great buy opportunity, that is the first scenario.
Another scenario is when STORJ closes above the upper edge of the triangle, it continues the uptrend towards $4
$SOLUSD - Retest of the dynamic resistanceHello everyone!
I would like to congratulate Solana and all SOL lovers with the breakout from the triangle pattern and would like to attract your attention on the fact that currently the pair is testing the dynamic resistance as support.
Hence, we are looking to long Solana here, see targets on the chart.
Good luck!