Fermented_Crypto

Fermented_Crypto

Greetings, traders! Let's dive into the STX/USDT pair and examine its current chart patterns. On the one-hour chart, we can observe promising signs of a potential reversal. Presently, STX/USDT is within a falling wedge formation, which often suggests a higher likelihood of breaking to the upside. Adding to this optimistic outlook, the formation of a double bottom...

Fermented_Crypto

Hello, fellow traders! Let's take a closer look at the SHIB chart and examine its current trends. As it stands, SHIB seems to be following a downward channel, and based on the analysis, it is likely to continue until it reaches resistance around 0.0000075. However, the story doesn't end there – we have some positive indications pointing towards a potential...

Fermented_Crypto Updated 

I see a cup and handle on NASDAQ:AMD Charts saying in could pump 10% to $124 or possibly all the way to the high at $132. Defiantly would watch it hitting the 200 SMA. This would be a great spot to take profits or exit the trade. Stochastic RSI is also on the way up.

Fermented_Crypto Updated 

XRD forming a double bottom. If the market recovers this has a good probability of a rally. MACD is low and about to come up. RSI is Oversold. Falling Wedge Pattern has a high probability of breaking to the upside. Measured move is 41% gain. Even if we get half of this its 20%. Risk to reward ratio is Excellent!!

Fermented_Crypto Updated 

Let's dive into the current chart setup of AAVE and analyze its potential breakout from a symmetrical triangle. Currently, AAVE is testing the lower leg of the triangle, and symmetrical triangles typically offer a 50/50 chance of breaking either up or down. However, let's zoom out to the daily time frame for a clearer perspective. Upon examining the daily time...

Fermented_Crypto Updated 

Besides being part of the AI narrative, ORAI is showing some buy signals. It has been victim to some downward price action for awhile now and is due for a PUMP. It has fallen out of its descending channel but bounced off previous support. Measured move is showing possible 24% gains, but it could go for more if the market gets hot again. MACD has bullish...

Fermented_Crypto

GMX presents a bullish opportunity with positive indications from the Token Metrics Trader Grade ratings and chart analysis. The price action on GMX is forming an ascending triangle pattern, suggesting a higher likelihood of a breakout to the upside. Based on this pattern, the measured move indicates a potential gain of 42%. Additionally, there is a noticeable...

Fermented_Crypto

NASDAQ:SOFI is forming a descending triangle which has a high probability for breaking to the down side. The measured move is saying -19% I would wait for the moving averages to get a little tighter before this trade confirms and presents an entry.

Fermented_Crypto

KUJI on the 4 hr TF (time frame) is about to make some moves. double bottom cup and handle ascending triangle Cup and handle has a possible measured move of 162% if you ride that 1/2 way up, take profits.