This is my current EW count for Polygon. -Any feedback would be much appreciated. Happy trading everybody. Cheers.
This is my current EW count for Mina. -Any feedback would be much appreciated. Cheers.
Opulous is a new asset and it’s about bringing “Music Assets into DeFi”. It’s the first platform to launch music copyright NFTs. “Through tokenization, the platform will leverage an otherwise illiquid asset, giving artists and other industry bodies the clout they need to raise finance.” As stated on their website—“Opulous tokens offer buyers a share in the...
MATIC is currently trading in a symmetrical triangle with a clear buildup—creating two distinct lower highs AND higher lows that took several month to form. I foresee a bullish continuation (higher timeframe is in an uptrend) and since the price is trading above the 200MA, I consider a long position. Wait for the price to break above the triangle (candle close...
As of yesterday, CIRUS finally broke out this triangle and I think there is good chance for run to 1.40 or even higher. - As usual, best of luck! Cheers.
I forsee three possible short/mid-term scenario's for Enjin. Patience is key! Will post an update as soon as the chart provides more clearity (at least for me). Any thoughts, please do share. As usual, best of luck! -If you agree with this, like and share. Cheers.
My previous idea became invalid. Thus, here some updated TA on MOVR. MOVR is now forming a descending triangle--a bearish chart pattern (that usually forms during a downtrend as a continuation pattern). The pattern 'normally' indicates that sellers are more aggressive than buyers hence "lower highs". Thus, we might see a trend reversal at play. Wait for the...
I expect more downside for MINA as part of its zigzag correction (5-3-5). Within this correction, MINA is currently trading in a descending triangle--a bearish chart pattern and signals most likely a continuation of its downtrend. Wait for the breakout below support as well as a second confirmation. As usual, best of luck! -If you agree with this, like and...
Another quick short-term trade setup (clear & simple). ICP has formed (IMO) a clear H&S pattern with a confirmed re-test. Any thoughts, please share with us. Best of luck! -If you agree with this, like and share. Cheers.
After a consolidation period (>1 week), DYDY has formed a valid flag pattern—bullish continuation with price action trading within a very tight range. I therefore expect a strong price move higher in the next couple of days. Enter at the bottom of the flag or when the price breaks out above the consolidation pattern on high volume. -If you agree with this, like...
Just for entertainment purposes, but these are exciting times! Permabull mode "ON" Best of luck! -If you agree with this, smack that like! if not tell me why! Cheers.
SDN was forming a falling wedge and just broke out of the wedge. Wait for confirmation. Here is a short-term trade setup (clear & simple). Targets are laid out in the chart. Any thoughts, please share with us. Best of luck! -If you agree with this, like and share. Cheers.
A potential trade setup (clear & simple). RSI is hitting oversold region 1h/4h, but neutral on the daily. MOVR will eventually get on the move. I don't forsee a further downtrend, but time will tell. Best of luck! -If you agree with this, like and share. Cheers.
MINA is currently moving into a "somewhat" symmetrical triangle. The direction of the existing trend is upward. Therefore, the probability of a break is higher compared to a breakdown. Either way, I do expect a big move in the next few days, but it all depends on papa BTC. Any thoughts, please share with us! -If you agree with this, like and share. Cheers.
As shown in the chart, DYDX is forming a 'bullish' pennant. I'm considering this trade setup. Best of luck! -If you agree with this, like and share. Cheers.
Greetings LUNAtics. LUNA’s price action is forming a potential broadening top in an uptrend on the daily. Potential targets are laid out in the chart. Any thoughts, please share with us! -If you agree with this, like. Cheers.
CIRUS looks like it’s forming a sloping flag—a continuation pattern with the trend. Thus, a trend reversal may soon be at play. Wait for the breakout to be confirmed above the resistence before entering this trade. Any thoughts, please share! -If you agree with this, like and share. Cheers.
SDN broke out of the symmetrical triangle. Wait for the breakout to be confirmed! Potential targets can be found in the chart. -If you agree with this, like and share. Cheers.