Looking at the weekly timeframe you can see a potential cup & handle pattern forming. a break of the $4,000 area could propel us to previous ATH and beyond.
The potential target would be around $14,000.
Keep and eye on CRYPTOCAP:ETH in the coming months...
Past performance is not always indicative of future results but I don't have a crystal ball so I will use the data available to me in order to predict a timing and area of the BTC bottom for the current cycle.
On average there is typically 1,380 days between halving cycles.
The beginning of the halving cycle to the price bottom of that cycle, takes approx. 830...
Been following this KNC accumulation for weeks now.
Accumulation started this sideways channel back in June 2021. It finally broke out on 2/28/2022 and retested the breakout today 3/1/2022.
Price target is around 3.70 but wouldn't be surprised if it retested highs around 4.30.
Keep you eye on this one!
Not financial advice, just my opinion and view of the chart.
Been following this one for a week or so now. Starting to show signs of strength compared to a choppy sideways market.
Clear hidden bullish divergence on the daily chart with RSI rising as the price declines. Volume has been increasing the past few days as it's starting to break the blue downtrend line.
If the market doesn't shit the bed we could see this pop...
SHIB is showing a potential falling wedge breakout.
MACD Crossover and RSI downtrend line breakout.
Looking good here if we see a close above that 0.000035-0.000036 area. Targets would be the 0.000048 to 0.000063 area.
This is what I'm seeing personally and as always do your own due diligence.
Posted the original chart back in late October.
Since then, VET has broken its downtrend line, held above it and continued to appreciate.
I still think there's a lot more room to run back to ATH's and even higher if the market allows.
Broke its blue downtrend line while bouncing off the 9EMA and 21EMA supports, respectively.
First target is 0.8875 followed by 1.02.
Keep an eye on $FET folks.
$GRT has been off my radar for most of the year since I sold the last of my trade during the February run up but it's starting to show signs of life here.
Touching the long term downtrend line on price and the RSI has (for now) broken its downtrend line as well. MACD histogram is also rising.
Firm break of the ~1.00 zone then last resistance around ~1.10 should...
The $VET weekly chart is looking bullish AF.
Held the 9EMA and 20EMA on the weekly timeframe and is pushing up again the blue downtrend line. Still see some resistance in the 0.15-0.16 area but if it can break it then we should see previous highs around 0.25-0.28.
$ALGO has been consolidating for weeks now, since the mid-september move after hitting 2.50.
The 1.55 area has shown strong support after being tested multiple times in late September. Each time on less and less volume, indicating that selling pressure is waning.
Price is currently bouncing off its 50EMA and the bollinger bands are tightening. I still think we...
Another chart to watch is $DOGE.
Break and retest of RSI downtrend line.
MACD is above 0 and price has bounced off the 50EMA twice now.
Volume looks solid and a break of that 0.2750 area should send it back up to 0.35.
Broken out of its RSI and price downtrends, respectively.
Re-tested the price breakout and 50EMA as support.
First target would be the 0.43 area followed by the 0.58 area.
$AMP has been down in the dumps for weeks now but has slowly started showing some strength. Although today's candle has not closed yet, it has broken its MACD and RSI downtrend lines, respectively.
AMP has been in this strong downtrending channel since July, bounced off the bottom support line multiple times until the 0.04 area held around 9/20/2021.
Today it is...
Tezos (XTZ) is having a bullish break of its downward channel. May want to wait for a daily close above the channel for confirmation and a possible retest but so far the channel has been broken on volume.
Been watching GRT for months now and finally seeing the turnaround start. There is a clear bullish divergence in both the RSI and the MACD. As the price has continued to decline while the RSI and MACD signal lines have been climbing. Finally seeing an RSI breakout (for the moment) and I jumped in with a starter position here.
XLM flag breakout on the daily. Flagpole extended from 0.20 to 0.28, breakout of the flag around 0.26 so price target would be around 0.34. Good luck all!
ALGO is breaking its long-term downtrend line and resistance. RSI is also breaking resistance line and MACD crossover happening on the daily. Initial target would be the 0.93 range but we could see higher in the longer term.
