I probably won't take this trade but the pattern can't be ignored... not this week
FLM finishing consolidation period, expecting it to revisit previous highs or refill wicks. Invalidation below green supply box, however hitting this region could invalidate the structure
Approacing top of $266 shortly, good time to anticipate loading up on a short. expecting revisit of previous lows, or even lower.
Clearly bottomed over the past few months, down an unbelievable percentage to its ATH (yes, their core business is failing and their NI is ever shrinking)... However, I could see the pattern above playing out from a technical perspective -- perhaps improved Q2 earnings being the impetus this month.
$280 MC coin with currently not great daily volume which is bound to get much better. Barely legitimate inverse H&S, though still a double-bottom at the current area making this a great area to enter long.1st TP at W1, re-enter on the dip at support and expect W5 hit within weeks to months.
as history shows, high volume wicks - whether at local tops or local bottoms - are doomed to be filled sooner or later (usually the former). while BTC consolidates at $27k, funds should be flowing to alts in due time, LDO being one to rise faster than others in such an environment. Trade safe since come monday since the market's reaction to everything *should*...
*Advanced TA has been done to deduce this calculated result* Price should follow the yellow line, enjoy NFA
Self-explanatory; breakdown hit medium term trend, now time to bounce up and break for new highs beyond $25k. Target $28k
$SHA had an explosive leap October 19th as Bitcoin reached a new ATH, easing down ever since, having a more recent high a few days ago of $0.0084. Based on 4hr chart and RSI movement, $SHA could be primed for a big push very soon (also with daily trading volume increase of 25%). Let me know your guys' thoughts on this project / if you have any other opinion on...
2CRZ finally had a major increase in volume yesterday after about 2 months of meager price action, in which it moved from a high of $0.1033 down to a stable trading range of $0.03 to $0.022. A reversal occurred yesterday, peaking at $0.085, after an 80% breakout to $0.0625 8 hours prior. The breakout pattern on the chart was identified prior to it's 55%...