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Pennantbreakout

COIN bearish pennant breakoutI am usually not much of one to talk about stocks as much as cryptocurrencies (as my username indicates), although I feel like it would be an injustice not to mention the current breakout of a bearish pennant for coinbase. It started to form a wedge yesterday, but looks like it has broken downward today. As with most IPOs it is often tricky to determine trends immediately, but it looks like COIN is perhaps starting off heading downward first. As to whether BTC's current downtrend will have any effect on COIN or vice-versa should be interesting to keep an eye on, as the correlation might begin to show itself over the next few weeks/months.
NASDAQ:COINShort
by crypto_trends
#LTC, #Litecoin price after the pennant?A quick look at #Litecoin (#LTCUSDT, 4HR, #Binance): Price broke the upper resistance of the pennant pattern on April 5. After reaching T1, it stopped at $297 on its way to T2. Price is now retracing to S1, where it might bounce back. If not, next supports are S2 and S3. What do you think? Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome. Thank you and Happy trading! ------------------------------------------------------ Needless to say, this is not financial advice!
by BitfulMind
4
#TWT, #TrustWalletToken UpdateA quick look at #TrustWalletToken (#TWTUSDT, #Binance, 4HR): Price broke the upper resistance of the pennant pattern on April 4 with a nice volume spike. Since then, we missed TP1 by a $0,01 and lost support at the $0,80 level. Currently, we are testing support at $0.74. If it manages to hold and push higher through resistance, we could see #TWT resume its path towards T1. If not, price might go back down and try to rebound from the EMA200, or in the $0.65-$0.62 range. To read more about TWT on CoinMarketCap, click here . What do you think? Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! ------------------------------------------------------ Needless to say, this is not financial advice!
by BitfulMind
#DOT, #Polkadot Breakout?A quick look at #Polkadot (#DOTUSDT, #Binance, 4HR): Price broke the upper resistance of the pennant pattern earlier today, April 17, hitting its ATH at $48.36. Since then, the 1HR chart shows what to me seems to be a confirmation. I opened a position at $44.63. If DOT manages to flip R1 into support, we can try to reach TP1. If it does not hold, price might go back down to S1 or to the EMA200/S2. If you want to read more about Polkadot on CoinMarketCap, click here . What do you think? Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! ------------------------------------------------------ Needless to say, this is not financial advice!
Long
by BitfulMind
$SGLB entry PT 3.57 Target PTs 9-15-24-80 and higherSigma Labs, Inc., a software company, provides in-process quality assurance software to the additive manufacturing industry under the PrintRite3D brand. It also offers PrintRite3D Lite, which has a smaller footprint and is geared towards single-laser machines for research and development, or small production lots; PrintRite3D Pro, for single, dual and quad laser machines and for environments with less than 10 machines; PrintRite3D Enterprise for plant-wide networks; and PrintRite3D for Direct Energy Deposition is based on a laser process in which a laser beam generates a melt pool on a substrate. The company also provides PrintRite3D-enabled engineering consulting services. It serves aerospace, defense, oil and gas, bio-medical, and power generation industries. The company was formerly known as Framewaves Inc. and changed its name to Sigma Labs, Inc. in September 2010. Sigma Labs, Inc. was incorporated in 1985 and is headquartered in Santa Fe, New Mexico.
SLong
by UnknownUnicorn19246015
Doge - Can't. Stop. Lusting. I'm not sure what it is about Doge. But I can't seem to stay away. My first Doge buy ended badly, I sold my second for a profit, and I might be eyeing my third. I asked some friends to convince me that this is not bullish. Bullish indicators: Bullish momentum into the top resistance line Forming a bullish pennant Possible "gotchas"... There are really only two confirmations on the top resistance line. It's a long term line, but not a ton of confluence across the line. The Stochastic RSI suggest overbought - which could be an indicator that the price will drop... and it's already riding the support line. Could this be another big move for Doge?? I'm going to see what happens over the next few days and maybe eek out another successful swing trade.
FTX:DOGEUSDShort
by worldlyTacos81375
3
$ORN: If it's gonna bounce... it's gonna be here.Price action for $ORN has just touched that lower .5 pitchfork prong. As well as a perfect confluence for the previous pennant's top trend line. I think there's quite a bit of FUD in the market right now. We're in a disbelief area of the market cycle... "This is it, it's over, we're going back down now." Staying patient and stacking more of these massively bullish, high potential projects is the move. Do you have less that 1k $ORN? Fix that asap.
OLong
by its_maxbro