Mavski
Not pretty. Not the best in the bunch. Does it look like its heading down? Yes. Can you buy with a tight stop and/or pickup on a breakout for a great risk to reward opportunity? Also, Yes
The premium to NAV on this is craaaazy. Bring this money and interest into the space, baby!
This month's breakout could be in jeopardy here if it drops anymore. Consolidation flat would be strong, and any break up would be also. but any more down momentum and pressure may cascade. I lean towards downside here. Unless there is going to be some kind of limitless massive breakout, a cycle retrace is due.
Looks like almost every asset market has stalled a bit, signaling a possible switch to risk off mode. Could be a local top. Closed out most long positions. Hedging remaining. Its been a great run, a retrace here should be expected and natural.
ADA already broke USD and BTC. On ETH, has broken downtrend, and sliced right through other resistance levels.
Looks great, both to USD and BTC. one break on ETH pair also, almost complete there too
A lot of ingredients for a solid move long
So many breaks, momentum, looks great to other pairs. Not too many reason to sell besides some over extension which is can be expected on a break like this. Especially with the volume.
Looks boring for so long right? But also has not been declining. Resisting for while, but also support. Accumulation pattern. Creeping up now. Low volume, so when it breaks up it will be fast. One to have an alert on or even a trigger buy. Those are weekly candles tho, so a "longer/slower" timeframe before testing another breakout is possible. If soon is...
Downtrend line broken. Has some more resistance to chop through, but I think it can do it. On the alerts, with trigger buy above next break line.
Little early, but could be brewing something up. On watchlist.
Progress made. Jumping on small pos since small mkt cap
CB listing is currently scheduled for Monday morning, June 8. There is a reason for the recent price jump and higher volume. At the very least there is a short term trading opportunity from now to then, and possibly much more after that.
This looks very clear cut. Either goes or not. Buy with a tight stop, so not much to lose. Plenty of upside. Good R:R
The .786 fib = Mark peak. RSI top of band. Go.