Worth keeping an eye on. Potential to break from downtrend in the next couple of days and it will be interesting to see the PA if we close a daily above trend. Buyers could jump in and push straight through any resistance here but my thoughts are to remain patient and try and catch a positive retest on previous support. I'd be happy with an entry around 0.0096...
Quick chart for those following Kleros. If you weren't before, you probably are now after watching it spike approx 400% over the last week. Kleros's Translation App- "Linguo" went live on ETH Mainnet last week. The similarities between the design and marketing of their translation app and Lisa Simpson's Grammar Robot - (Also Named Linguo) are comical but...
HBAR- Another one to keep an eye on. I like the way HBAR is setting up at present. Quick break then dip back to expected support- now waiting to see what the PA is going to do. HBAR has some interesting partnerships and some sound potential on the horizon. -Caution advised as ALTS are volatile as BTC lumbers it's way North. -Stop Losses in place as a rug...
Should be some solid potential trading Zil over the coming weeks. We have seen a lot of sideways movement but it seems to be behaving itself and bouncing from support. RSI suggests the need for a slight pullback in the near future which should correlate with a (short term) positive break/retest. (Not a great time to jump in if you aren't on the boat already but...
Augur bounced above historical resistance only to quickly retrace. Potential now as it retests a few important levels this week. Worth keeping an eye for a move due to it's current low Market Cap. If it falls through this setup it could create a good buy opportunity. If support holds then we could see 20% gains prior to retesting recent top again. As...
If you followed us in on the original chart. Congrats! Preferred entry was suggested at around the 0.145 We've seen some excellent returns since then at approx 250% to the good. Keep an eye on it now as we wait for indication that we are moving higher again. Although a move in now carries more risk there is still a lot of potential with this...
VET- I believe there's still more opportunity here. Has broken trend and will now be looking to retest break- Retest should line up with support levels within the next 24 hrs. Chasing 15%* before testing previous top - (*dependant on entry price) Keep an eye on it for an indication it will hold the retest line. As always, not financial advice, just...
We found some excellent gains from previous break and now we are testing the top again. A break from trend could potentially see some further big numbers but a rejection and subsequent loss of support could see us dive back to lower support. Either way may create an entry opportunity if you aren't already holding. Personally I'd like to see some consolidation...
Pumps through most Defi projects are the norm over the last month. The key is finding the ones that still have more gains to come. REN worth watching over the next few days for either a loss of support, or pump through resistance. Currently testing bottom of bullish channel but may be rejected by previous resistance line and cause loss of support. That may...
UBT briefly broke and is now retesting the roof of channel. The volatility seems to create some good short term options. On the back of decent press and newfound partnerships we may see a turn around in the next few days. One to watch. As always, not financial advice, just thoughts and TA. Bingaz
ENJ broke briefly from trend and is now retesting original break price. I'd like to see a candle close above resistance before taking a position here and will be running a reasonably tight SL. Target will be 20% from break if confirmed. Alternate entry at the lower end of the channel or lower support line. As always not financial advice, just thoughts and...
XLM fell through bullish support line about two weeks ago. Now finds itself rallying some support at current PA Keep an eye on it for the next few days and watch for a potential break to the good. Cautious entry on break, I'd prefer to see it supported post break to take a position here. As always, not financial advice, just thoughts and TA Bingaz
One to keep an eye on over the next few days. LRC has steadily retraced over the last few weeks. Now tightening as some lower support meets the retrace. Looking for the break from trend, for entry. As always. not financial advice, just thoughts and TA. Bingaz
Cardano has a lot on the horizon- By "on the Horizon" I mean most people can't see it very well, but Charlie sure seems to. He goes about his business like he's fixing a neighbors fence. Polite, happy to do it, and without expectation of reward. He just knows it's the right thing to do. Cardano is emerging as that project. It's the right thing to do. ADA has...
Condolences to those that have ridden ZIL from the top on this 16 day retrace. But.... Thoughts are that a turn around is in the cards within the next week or so. Buyers seem more cautious over the last fortnight and the continued retrace has echoed through a lot of our favored ALT's. I think we'll find some resistance on the way back up but entry on the break...
VET has been very good to us since first call out. (Approx 77% to the good) Now looking for a break from trend or preferably a dip back to support. Potential to be rejected from current and drift back to support over the next few days creating a justified entry. As always, not financial advice, just thoughts and TA. Bingaz
ZIL is seeing some support come in to play over the last couple of days however continues it's downtrend channel. Next 24 hrs will either see a break from trend on current supports shoulders, or a rejection down to a lower support which should bring buyers to the market. I think the if you picked this up on the dip two days ago you are in a good position but we...
We found a great entry last time for some double digit gains. Now looking at a potential re-entry as we look for a bounce off the 200 SMA. Few support lines and Tech indicators lining up here which may assist also. As always, not financial advice, just thoughts and TA. Bingaz