KryptMe

KryptMe Updated  Aug 14, 2020

It took a lot of time for BINANCE:TRXUSDT to build this ascending triangle. Being such a tight squeeze and also not too much of a volume, I don't know if the breakout will be an aggressive one and reach the first 2 targets in a short period of time. In the same time, I don't think it will take 3 months either :)) Please share your thoughts on this setup.

KryptMe Updated  Jul 20, 2020

Tezos still seams to have some power in it and could try to reach the break the $3.25-3.30 resistance. It confirmed the breakout from that small symmetrical triangle that was formed on the 2h TF and now it's trading inside the ascending channel formed since the beginning of the month. My targets are on the chart. Let's wait and see.

KryptMe Updated  Jul 1, 2020

The news about the virtual summit on the 2nd of July together with the breakout of this Symmetrical triangle makes me feel bullish about Cardano . But let's not forget that it's also in close relationship with the BTC moves..... My safe play would be to put a decent SL and a TP right under that big resistance of 0.09$ or you can also set a 2nd TP at about...

KryptMe Updated  Jul 1, 2020

If we have the confirmation of this falling wedge breakout, a push toward the resistance zones at $0.023–$0.025 is likely to occur. In my opinion, if the bulls will not support this move, we can see a retest of the 0.014$ - 0.016$ areas.