Just another triangle setup for this slow moving Avax uptrend. It has claimed the lower orange ma already on the daily. If it can hold that as support I see further upside potential. If it can blast through the 31 area resistance I see even further price growth. It doesn’t look bearish unless we drop below the triangle and start forming candle closes imo. Use...
Looking for a break out of this triangle i’ve drawn up. Resistance and support seem to be around 0.051 and 0.035. I’m feeling over all more bullish since a lot of weekly stoch rsi have reset now in the broader crypto market. That’s just one of many indications though. Anything could happen. If we don’t pop soon. Then more side ways is unfortunately underway. Also...
Looks to be in a range from $3.7 - $4.8, currently. Would like to see higher lows until flipping the resistance at around $4.8 to support. If this is to start a push to higher prices. IMO I expect a little lower to the $4.0 area. Then a possible bounce to test $4.8 again. Hopefully interest picks up and volume can help blast this quickly.
Just playing this range like many other traders. Looking for any break of the wedge to downside or upside. Given the current market conditions. I’m leaning more on the bullish scenario of this bullish pattern break. This could take several weeks though for another strong move. Will continue to trade the range from wedge bottom and top. Cheers.
The highlighted areas in purple triangles look like solid dca or buy zones. I’ve given up trying to trade this. The volume and momentum seems pretty stagnant at this stage of the market. IMO these zones would be the best areas to keep picking at it. Mubi seems like a solid bridge and project but there’s lacking hype and retail momentum atm. I still think Mubi can...
Looks like a bull flag breakout and retest. Daily divergence and money flow still in play. Maybe looking to retest the 0.125 support area. Who knows, hopefully this could play out though. Could move pretty hard it seems with enough volume and interest.
Looking to build a long swing position if MATIC can make a retest around the yellow trend line it broke out of on this daily candle. BTC could settle down a bit this week. MATIC looks to have some early momentum. Just waiting for a small pull back for entries.
Possible short opportunity from top of P channel range. Invalidated if breakout and retest of this range high. TDI and RSI are getting oversold which could signal a relief breakdown to around 7.2 in the middle of P channel range. Looking for another massive breakout for LINK once BTC settles down again.
Looking for a break out of top or bottom of the blue channel. If breaking above long on retest of channel top. The same for the opposite down side breakout. Big move likely this month. Hope this idea helps share some perspective.