Mobile has been following a descending triangle since April. Normally this is a bearish chart pattern. But it has recently: 1. Broken the trend to the upside 2. Formed a double bottom, and 3. Created a higher low after bouncing off the 50 day SMA. There is a key resistance to break at 0.001 which is only 8% away. If achieved, the upside potential is large....
Mobile has been following a descending triangle since April. Normally this is a bearish chart pattern. But it has recently: 1. Broken the trend to the upside 2. Formed a double bottom, and 3. Created a higher low after bouncing off the 50 day SMA. There is a key resistance to break at 0.001 which is only 8% away. If achieved, the upside potential is large....
As seen from the chart UMA has the ability to post very fast significant gains, and retreat quickly as well. 2 possible entries with reasonable risk to reward, but as the title says, get your TPs in place, maybe even a trailing stop so if the pump doesn't reach your TP, you don't give all the gains back. I was alerted to UMA by someone I follow who is predicting...
1. Aevo is over 6x down from launch(?) and ATH. Early holders underwater and 100% unlocked within first 6 weeks - see 15 May dump? Very promising. 2. It has spent the past 5 months trending sideways, in a clear channel between 0.3 and 0.45 3. It has recently had a change in structure, with consecutive higher lows. Its first attempt at a breakout got rejected at...
Similar to a few other projects, Ronin's chart shows a break of trend (yellow line) and has put in a Higher High (HH). Hopefully we get a chance to put in a good long if there is a retest of support at 1.45 or the 50 day SMA at 1.50. Invalidation would mean not getting a Higher Low (1.30), or you could be safer with a SL below the 11 month low of 1.20. This...
Recent break of trend (yellow line). Hoping to flip that old resistance into support and get a retest. Long on the retest around 0.475 which is also 200 SMA. SL below the 50 day SMA around 0.375. Golden cross coming up, set TP1 at 0.59 (mid point in larger channel, and pivot point), TP2 at top of channel 0.79 and TP3 just below 1.00. Seems pretty simple, but RSI...
BTC.D has just broken through a long support line, opening up to much wider moves. May just bounce down using the previous resistance as support, but little stopping it shooting up (possibly on +ve ETF news). www.tradingview.com
www.tradingview.com Sitting on the 382 and a trend-line (TL). Tight SL, or wait for the 0.5 FIB and the lower TL for a second bite when the RSI will be better. Wider SL may mean better to reduce leverage.
www.tradingview.com MOVR wicked down into Horizontal support, then broke back into diagonal trendline.