Back again. Just an update in the weekly frame, and making it simple. As you see, ADA bulls defended the looming hell as the lagging line is deflected upwards when it touches the ichimoku cloud. It means it is giving people some form of hopium. We are still at the accumulation zone. Stack if you are brave enough.
Hey folks, A simple trendline will show how ADA is trying to gain momentum in the upside. Let's just do be careful for a potential fake-out and this break from the trend needs more confirmation from other technicals. If this is not a fake-out, rejoice.
What's going on guys? Some quick analysis in SLP. It is still in the bear trend, but slowly gaining strength. The effect of the blue triangle (trend reversal) you see might take a while (if not invalidated). EMA lines are also slowly crossing to the bullish side. The money outflow is also decreasing. The Ichimoku's lagging line will tell us also this possible...
In the daily timeframe, the lagging line is still below the cloud so we expect weakness if it wants to move upward. In the daily, bears are still in control. The current price is testing the EMA support, but it may fail if the StochRSI continues to wave downward. This being said, we can't see any exciting movement upward, until the lagging line breaks the cloud in...
Hello friends, it's me again the Maestro wannabe. 12H is good for swing trading. If you have bought on the bottom, it is a good time to take some profits here. Personally, I would take around 5% of my holdings. But it is up to you. 1D SLP is still not yet legitimately breaking out so there is a possibility that the market makers will fake us out (but I hope not)....
Reversal blue triangle and a green circle indicating to put a long position. Momentum to the upward still intact. Sell point is when a red dot "nearly appears" in the 1D. Selling a portion of holdings you got from the bottom is not bad, it's called protecting your profits! Manage your risk though. Good luck, friends!
No hype, just the chart. SLP printed the bullish diamond and the long green circle. You know what to do guys, trade safely. It will get interesting if the breakout also happens in 1D. Remember, it reached the old ATH without the SLP supply control, what more now?
Bullish diamond appeared. Along with the triangle reversal pattern, these are two good signs for an upward movement. We need a candle close with this bullish diamond. Note that I'm looking at 12H, and if these happen in 1D, it's time and I'll buy you some drinks. TAYOR and good luck.
Hello SLP believers. You see that blue triangle? It is a reversal signal, and we hope that it persists. If you want to trade this, still be careful and set a stop loss because sometimes, when everyone is bullish due to this slight pump, rekt happens. Overall, I’m glad that SLP is improving. Ignore the whiners, controlling the supply of SLP is a good thing. If you...
With the recent update from the Axie team, price may improve. The SLP rewards are less for players. It doesn't matter if the SLP you receive is less if its price improves. I may say, this idea is better than doing nothing. The group is trying to save Axie from economic collapse. Just don't listen to whiners. Disclaimer: These are all opinions based on the news,...
As the title said, but only buy what you can afford to lose if you want risk. The green dot won’t appear if some just sell and sell. I think many are secretly buying on this fear. Not financial advice and trade at your own risk.
Let’s see if this falling wedge pattern in the weekly plays out. We still need to wait a little longer though. We beautifully bounced on the lower trendline as you see. Good luck!
This is so bullish for Ethereum and alts that are based on it. Cup and handle played out. Price target in this potential bull run is 0.13. Cheers!
Using the bodies of the Heikin Ashi candles, we can see that a falling wedge pattern is formed. Interesting in the coming weeks. Manage your risks if you enter this one.
Bullish divergence on 12H chart. Before placing a trade, I suggest to wait for more confirmations. For me, I will do this using the Ichimoku strategy. SLP is a slow poison that will eat your soul once you enter, so be careful.
Hi guys. This is my first published chart. Check the golden dot and if history repeats itself, we can see a pump in the coming days. I can also see a continuation bull flag pattern. Judge the chart. Trade at your own risk.