


An update on yesterday's TFUEL/USDT post: it is yet to break the descending wedge pattern and we can see that the 0.236 Fibonacci level ($0.39) acted as strong support between 24MAR21 and 04APR21. The support broke on 05APR21 and is now acting as strong resistance (07APR, 08APR, 16APR, and 17APR). The more it tests, the more likely it will break. If it breaks the...
TFUEL/USDT has been consolidating for almost 3 weeks and is ready to break the descending wedge pattern with a potential target of $0.64. RSI is also showing a hidden bullish divergence, further supporting the argument for a breakout.
DGB is forming another bull flag pattern on the BTC pair. Between 15th March - 31st March, DGB was forming a bull flag pattern and broke out on 01st April (16 days in total). Target was (almost) reached as the flag pole gave a target of 167 sats from the breakout point while DGB reached 165 sats on 05th April, 2 sats short. DGB started forming another bull flag...
FETBTC pair is forming a perfectly bullish cup & handle pattern which has been formulating over a 7-month period. 1- Previous high of 1151 sat (18th August 2020) almost perfectly lines up with the recent high of 1540 sats (28th March 2021) 2- Usually, the cup spreads out over a period of 1-6 months or longer. In this case, the cup took 222 days (approx. 7.5...
DGBBTC looks to be breaking out of the falling wedge pattern. MACD also about to form a bullish cross. Could be a fake out so keep a close eye!
DGBUSD is forming a promising triangle pattern. If it breaks to the up side (very likely), the next target could be sitting at $0.13. We arrive at this target by taking the "flag pole" of the chart pattern, and copying it to the potential breakout point. In addition, the MACD is about to form a bullish cross on the Daily timeframe, indicating a likely upward breakout!