Bitcoin has been forming a nice uptrend since mid-July and and is making higher highs and higher lows. Don’t be intimidated by that correction. This is healthy for further growth. In my opinion Bitcoin could go as low as 50k and then continues to grow. But let's see if this plays out.
Efinity formed a nice cup and handle pattern on a daily time frame. I just bought more Efinity. Price target from this pattern is at around 3,00$.
API3 formed a nice symmetrical triangle and successfully breakout two days ago. API3 currently testing the support line and I hope for a successful bounce. If that happens I want the price to exceed the previous high to be completely sure in this trade. Price target from this breakout is at around 15,80$. Let's see if that will happen
Cardano formed a falling wedge and successfully breakout yesterday and continued to grow today. I may be a little late with this idea but I will post it anyway. It might be wise to wait for the retest of the support line but I don’t know if that will happen, or Cardano will continue to pump. I personally will not enter the trade if there will be no retest of the...
Bitcoin has formed a nice bull pennat in a 4-hour time frame. In case of a successful breakout, the price target is at around 72K. But it depends on where the breakout will happen - if at all. I observe this idea and wait for a successful breakout and then confirmation of the breakout.
Is there any Karura fans? I think the areas marked by green rectangles are a good opportunity to buy Karura. Good project, 130 million market cap. It is an all-in-one decentralized finance hub and stablecoin platform built on Kusama and integrated into Polkadot.
MOVR reached the first price target from this bull flag breakout. There is also resistance in this area that the MOVR must successfully brekaout. We now see a pull back, but I expect MOVR to reach a second price target. Anyway, I didn’t sell anything, even if we hit the first target, because I think Mooriver is a very good project and we’ll see some nice growth of...
Yesterday BTC breakout the bull flag. And today we saw a small drop all the way to around 60K. We can see in the chart that previous resistance has become support. As long as it stays that way, everything will be fine. To be completely sure in this trade I want the price to exceed the previous high. That would be a confirmation of a successful breakout for me.
In my opinion Bitcoin is forming a bull flag. This is a bullish pattern. As with any price pattern, bull flags aren't guaranteed to brekaout as expected. But if BTC successfully breakout this bull flag, then the price target is around 85K! But in my opinion we can see before the breakout that BTC comes all the way to 56K, bounces off the support line and then...
Bitcoin successfully breakout the bull flag. We may or may not see another retest of support line. Anyway the price target is around 85K. Bull run is definitely not over yet!
Efinity formed a descending triangle. Usually a bearish pattern. But it breakout two weeks ago with a low volume. Yesterday, EFI then tested the strong support line again at around 0.70$, and then successfully bounced with a metaverse hype all the way to the 1,22$. The ideal entry would be at the support line - at around 0.70$. So you can wait for this to happen,...
Chiliz update: CHZ has successfully breakout the symmetrical triangle and 200MA. Price target remains the same - around 1,20$. It might be wise to wait for the retest of the support line but I don’t know if that will happen. The only thing I don't like is the low volume. But overall, I find it a good time to buy Chiliz. Even if it is spot trade or leverage trade.
Hbar breakout a symmetrical triangle. I like the big volume. It might be wise to wait for the retest support line but I don’t know if that will happen. I already jumped into a trade.
Another symmetrical triangle. This time Matic/Polygon. Matic started forming it back in May and successfully breakout and tested it a few days ago. Price target is around 3,55$. I don’t think it’s too late to enter the trade.
Crypto markets looks very bullish. I can see symmetrical triangles everywhere. Chiliz also formed a very nice symmetrical triangle on a daily time frame. Chiliz started forming it back in March and has not yet broken through it. We can see that Chiliz has been under 200MA to this day and has tried to break through it quite a few times. Always unsuccessful. Looks...
Update on symmetrical triangle: Two days ago we saw the entire crypto market fall. Vechain came back into the symmetrical triangle, tested 200MA but luckily successfully bounced off 200MA and broke the triangle again. So far, everything seems fine and this pattern still looks valid. To be completely sure in this trade I want the price to exceed the previous high -...
Vechain broke through the symmetrical triangle and 200MA. Let's wait for the end of the day to see if VET will close daily candle above symmetrical triangle and 200MA.
- Vechain successfully broke through 200MA, - successfully broke through the symmetrical triangle, - successfully tested the support line and continued to rise. This pattern basically started to form at the beginning of the year - if this breakout doesn't turn out to be a fakeout, it will mean a lot for further growth. The targert of this breakout is 0.35$. I...