FIRO is simply in a bullish ascending wedge right now. After a period of bottoming out it appears to be turning up. It is a low volume coin and is very volatile, which means lots of potential upside. Downside is mitigated by the fact that it is coming out of a bottoming phase, and is making an ascending wedge which is a bullish pattern. This is another one to...
FRONT is looking like a very low risk altcoin pick for the coming month(s). It is currently making a very nice bottoming pattern and appears to be turning into an uptrend. It has flipped a resistance trendline into support, and is now finding consolidation at horizontal higher lows. This is pretty bullish, and this is the type of pattern where you simply buy and...
I don't have much to say other than I've been staring at charts long enough to know this will take off. If you have some extra money waiting around, putting it in FRM is a sure way to make some extra money. It really could take off hard IMO, like 5x at least from current price.
CVC is making the exact same pattern that so many coins have made and had a large breakout. My bets are on gains here. If it fails it will bounce down 1 fib level and bounce back, providing an exit opportunity (buy lower and sell on bounce to exit). Pretty clear cut trade here, nothing else to add.
There is a pattern on BTC that looks like it is going to continue. And that pattern is the frontrunning of critical ATH support levels. The fact is that institutions with multiple billions of dollars are buying Bitcoin. You're just not hearing about it on the news. This very important pattern means that BTC is not even retesting the old ATH levels, because that...
I think that the zone marked by the purple box is a safe place to buy for many reasons. The top is the first place to buy, expecting a bounce from there. If there is somehow more drop in price before a bounce from there that would be insane, but possible. Any horizontal resistance in the blue zone would be good to add onto a long if price drops more. -It is at the...
Bottom chart is for reference to show where the fibs are drawn from. On SXP we can see that it is currently in a falling wedge. It is still in a downtrend on this section, making clearly lower highs and lower lows. There is very clear support at the point marked in a purple box because: -It is a horizontal zone of high volume, meaning there are likely to be a...
After breaking out from the trendline from the last trade, BNB has done alright with an 8% increase in a day. I took some profits on it. Currently it needs to start making higher lows if it wants to continue higher. This has been the main continuation pattern we've been seeing on most coins lately. If it starts making lower lows I will just exit completely.
ACM is making a nice rounded bottom at the 0.786 fib. This pattern was very profitable a couple months ago and is a pretty classic pattern in my opinion. GRT mooned after making this pattern ACM is making the same pattern. It's also a very low market cap coin, so if some volume comes into it, it will probably moon, or at least yield some nice profits.
Descriptions are on the chart. Holding this hoping for new all time highs given that the mother of alt seasons is upon us.
Many altcoins have broken from this same pattern and gone on moon missions lately. It's been a lot of random ones that nobody cares about. Which why STORJ has potential to do that. What does it even do? Do you know? Me neither. Exactly.
Top: Longer time frame showing that BNB has a lot of support at this level. The high amounts of volume transacted at the current price level is a sign there is strong support. It also is a historical support that coincides with the 0.382 (continuation fib) which will give a nice bounce upward if the support does indeed hold. Bottom: Zoomed in on 1hr time frame to...
BTC is in a very important place to determine its short term actions over the next couple days. If it stays above the trend line, it will be a very interesting next couple of days with more bull momentum across the whole market. If it hold the 0.786 fib, and moves sideways under the trendline, this would be fine and healthy consolidation. If it is breaks below...
Looking more like a long term entry than a swing trade given market conditions. Chart has description on it. UP ONLY.
Okay, so obviously the market is incredibly bullish right now. Tons of bullish sentiment, alts are still popping, BTC and ETH going up in price. Stimulus. Stonks going up. But here is what I think from a TA standpoint on crypto. The 0.618 is a key level of resistance. Right now it is the gateway between staying in consolidation, and going back to all time highs....
UNI/USDT looking extremely bullish. It had a large run from $3 to about $30 and then had 3 hard retests of $21. It has clearly bounced from that level and is definitely trending up. It's ranging inside of a triangle and a break up would be very bullish for new all time highs. There is no telling how long it will last, it may get an ATH which is just a bull trap...
Clear support for UNFI at around 32.55. It is a 0.618 level that has confluence with previous S/R levels. It should be a good entry point for a quick swing trade to the 0.50 (a 7% price difference) or possibly higher. UNFI has been respecting 0.618 levels and fib levels in general very well. If the trade goes bad then buying at the 0.786 and selling on a bounce...