STRAX - Stratis Showing life for the first time in 3 years? Hello friends and true believers.
What a lovely day. Alt season is upon us, the money is flowing like it ought to, and looks like it might be for a long time coming.
There will be sell days of course, where the market seems to drop, but as we've seen this year, once momentum gets going it usually runs for at least a month before major stoppage.
Looking at STRAX, the newly rebranded STRAT coin, it's showing it's first real sign of life in over 900 days moving above MA 50 after being rejected at it a few weeks back to make a higher low..
This is a good sign for additional growth if we can stay above this level.
RSI is not yet overbought, might be a small correction soon then right back up again.
MACD just crossed bullish again.
ATH was around $25 for strat. A boy can dream, can't he? Short term targets are mapped. This IS A WEEKLY CHART, so short term could still be a month+.
This isn't financial Advice.
Reggiogeorge
ZIL - Look out Tokyo, Here Comes GodZilliqaNow HERE is a textbook example of a Cup and Handle that's about to end. I mean if you want to learn some basic trading, here it is.
Cup and handle is a formation that's represented by a U shaped recovery or the cup, followed by a consolidation period representing the handle.
Then we go up
We've been in a historic accumulation area for weeks now.
Volume has absolutely tanked.
Actually every indicator on this chart points to a breakout. Easy catch.
This isn't financial advice. 🤙
BTC 1W - A potential retrace forming. Let's see what happens?BTC Weekly chart is looking like we're shaping up to retrace short term.
Covid 19? Stock crash? You pick the panic, people will sell at this level and who will buy in the top 10% when we know there's a sell wall @ 20k like nothing else in the crypto world.
I noted an evening star Potentially forming. This weeks candle is very young so don't take this as gospel.
MACD is strong. RSI is oversold and volume has been steady but lacking from the spike.
Beware what may befall the might BTC this week. That said expect a rush of money to alts like we've never seen once BTC chills out a little bit.
If you hodl, you be rich. If you trade, be 200% careful right now. There's a huge wave of volatility that's about to hit the market I feel.
