New coin. Not a lot of price action yet. Timing of the launch a bit unfortunate. Price crashed into 0.786 fib zone after initial pump upwards. Now consolidating just above fib level. Not yet a lot of strength to see on the chart. Green scenario: Create higher low after touching 0.835 zone or doing a liquidity sweep. Creating a higher high and low to break out of...
Analysis on $GSWIFT token. After a harsh fall last few days, we entered the 0.786 - 0.886 fib area. No clear sign of reversal yet, except the RSI being in oversold territory. All SMA's are pointing out bearish currently, with the 100 SMA higher than the 20 SMA. Also, we're in a fair value gap on the weekly level. The green scenario indicates that we fill the...
Thoughts on continuation of BSE:METAL token. Bullish scenario in green, less bullish scenario in red. Depeding on the action on the mitigation that is formed on the weekly, we go straight up or go even lower for more liquidity. Big bullish divergence and cooling off bearish MACD visible. Green scenario seems most likely.
Downtrend since last summer is broken and retested. The overall sentiment looks bullish. if the next resistance is broken we could see a nice uptrend. This will also do good for other altcoins within the oracle space. 21EMA and 50EMA getting closer to each other. If the golden cross happens we could fly.
Uniswap needs to break the current small downtrend since early February to continue bullish momentum. 21EMA and 50EMA are getting closer to each other. Moment of truth incoming. We will need more conformation before we know where we're heading.
Sushi needs to hodl support on the current range to continue further uptrend momentum. Overall neutral at this point. If the descending triangle breaks we could see some upwards or downwards momentum. Need more conformation before we can see how this will play out.
LTO keeps bouncing within the channel. Overall bullish uptrend. Hopefully this trend continous. Possibly a slight pullback before further continuation.
The downtrend since 26-09-20 is broken, resistance is flipped to support on daily and lower timeframes. Also, the 21EMA and 50EMA crossed a week ago, which also is a sign of an (upcoming) uptrend. I think that the overall sentiment is bullish, but we will see how this plays out. What do you guys think?
The Bitcoin dominance is at a crucial point. Looking at the channel construction it could break out to the downside in the upcoming weeks, which would result in an alt season. But, there is also a chance that the dominance will create first a lower high compared to the run in December. This would require a short upwards movement of the dominance, which would be...
Did hit the critical resistance for the 3rd time since 28 December. Small bounce since then. If the trend remains above the 9 MA this could become bullish. If not, price will likely fall to the 21 MA and then find support there. Overall looking bullish but heavily depends on what BTC and ETH will do the upcoming days.
Also forming a pennant on the calculated USD chart. Pennant decision an hour later than on the bitcoin pair. Could be an inverted H&S. Will mostly depend on bitcoin looking at the spikes in the chart. We will see how this plays out.
Decision moment around 2PM tonight short term. If pennant broken upwards, long. If pennant broken downwards, short. Also, trend is crossing the 50 MA at the moment.
Hard to say where we are going. Made some possible support and resistance horizontals If trend holds coming hours, we could go to range around ATH But, there also could be a H&S in place
BROKE LONG TERM TRENDLINE: - Trendline on BTC pair broken - Find support at earlier support levels - Making higher highs and lower lows ever since - RSI not extreme high
Could get a massive breakout in the next altseason
Looking at the VET/BTC chart, you can see that VET/BTC pair floats between a strong support and a resistance level that used to be the support before the last fall down. If this level breaks, I will be looking at the lower support levels which are at the green lines.
Looking at the chart, you can see that the spot price almost hits the support level that has been reached before the massive breakout. If the current support doesn't hold, I think that the support level may be reached again. Also, the sell volume increased in the past days, which doesnt show any sign of reversal. Will be looking close at this chart for the coming...