There is a beautiful t cup pattern forming here. BCH is severely undervalued in my opinion and the technicals are starting to look more consistent for a profitable swing trade. Swing trade 😊 DCA now TP1 $601 TP2 $732 SL $369 (I don’t trade w stop loss I DCA spot, but if you do instead of DCA then here’s your SL) NOT FINANCIAL ADVICE 😉
After a very long and agonizing bear market, this coin pair is starting to show early signs of a trend reversal. Price per CRO could be over 1000 satoshi (0.00001000) mid 2021.
On the weekly chart we have spotted a beautiful wedge pattern formed on OMG/USDT. As always, I would advise to wait for the out break to trade with the trend. This is looking like a slam dunk once the out break occurs. We can see OMG testing its all time high this year and easily reap 50%+ on this coin.
Siacoin is almost at rock bottom price here. A couple satoshi invested now could turn into a nice payout in the next few months to come. I will be putting a few Siacoin in my bag for this price. SC/BTC is definitely a pair to put on your watchlist.
LINK/USDT rallied recently in an attempt to break the wedge pattern it created and is currently trading along the lower trend line of the ascending channel indicated by the green lines. All of the EMA are reading lose together, telling us that price is trading right where it should be. When the EMA travel so close together for so long, it usually (but not always)...
With bitcoin recently breaking its all time high, price action is considered highly volatile and unpredictable. Bitcoin seems to be forming a wedge pattern on the daily time frame as indicated by the blue support line at $22,500 and the red descending resistance line. Ideally, we would like to wait for this outbreak to occur before we obtain any new positions on...
I have observed this uptrend channel formed on GRT/USDT. It appears to be in an uptrend based on the higher highs and higher lows displayed on the 15-minute chart. The uptrend shows support along the 50EMA. The coin is new to Binance and should be traded with caution. If you decide to trade this pair, it would be best to use a tight trailing stop loss.