GAL has broke out of the triangle pattern on chart a few days ago, and has recently broke out of the bull flag, due to a strong trendline(blue in chart). However There is a resistance at the $3.400 area, and GAL will need to break this to continue the new move. The RSI has a bullish Divergence from a few weeks ago. An interesting thing is also an RSI ATH in the...
SC or Siacoin is currently attempting to break the upper range + the 0.236 Fib. The current breakout candle has a massive volume spike, and RSI is diverging from the price in the past few days. If it successfully breaks out, the first good TP will be 0.43 area, where the 0.382 Fib and the previous lower high sits. Remember to do your analysis first
QI/USDT recently broke out of its month-long range, with strong volume. QI is now sitting at a bull flag and a new trendline in the 1H, that can strengthen the new uptrend. RSI is not looking ideal, as there is a bearish divergence, but it is not confirmed yet. 9-EMA is bullish. QI can continue rising higher if it breaks 0.218(green line in chart). After the...
BTC is at a crucial decision point. It can continue going sideways or go plunge straight down. Let's look at the chart to see where this can go. Bitcoin broke the previous support(in red) today, confirmed to be resistance after the pullback in the 1H. Bitcoin also crossed under the yellow support line and the 0.618 Fib, however we should wait for the candle...
BSW has been consolidating for a while, but now it has done a breakout of the triangle pattern and the 0.236 Fib in the chart, with strong increasing volume. The RSI also did an early breakout. For a successful breakout, we might need to wait for the 1.30$ resistance to be broken(colored in aqua). I'll update this analysis as time passes.
DOGE has been sitting in consolidation over the past couple of hours. There is now a possible breakout opportunity. RSI has been ranging from 50-70 which can be a sign of an uptrend. DOGE is also sitting at a trendline(in yellow) and the 0.236 Fib. DOGE can be considered as breaking out if RSI crosses above 70 and DOGE passes 0.1450 with strong volume. Will be...
GMT recently broke 3$ and made a 50% move from yesterday. As of this writing, GMT is consolidating in a falling wedge pattern(usually bullish), and sitting at the 0.236 Fib level. It's possible that GMT will break 3.45 and reach up to 4.0 levels. Will be updating this post as time passes by.
ASTR is currently in an uptrend. It may continue the rally up; however, the trend is at a decision point. Where will ASTR head? Let's look at the 4H chart and see what we have. The currently bullish factors: 1. Falling wedge formation, which is usually bullish 2. Tested Lower channel support 3. Price above EMA100 4. Possible early RSI breakout The...
Ethereum Classic performed a 2x move last month. After a while of a downtrend, ETC is now consolidating. What makes this coin "at an interesting point"? Let's look at the 4H chart and see what we have. 1. Recent RSI Bullish Divergence, 2. 0.618 Fib support 3. consolidation between 0.618 and 0.5 Fib 4. Falling wedge pattern(usually bullish) While there are...
Hello. GALA has recently exploded almost 200%, from 0.10 to 0.28. GALA still has more potential and can reach 0.5, but for now GALA sits in a range from 0.2 to 0.288. Where will GALA go? We will be looking at GALA. Like I said above, GALA is sitting in a consolidation from 0,2 to 0.288, which is a big difference between the high and low of the range. We do not...
Hello. In my technical analysis, Ellipsis(EPS) is a potential breakout token. I'll show you why. What makes this a potential breakout cryptocurrency? 1. EPS has been in a triangle pattern from September until now, in which price hasn't broke out of yet. 2. RSI divergence in Late September 3. RSI approaching 70. While this sounds bearish at first, RSI can...
Hello. Shiba Inu(SHIB) has been sleeping over the past few days, but the next wave of SHIB enthusiasm may be coming... or not. In my technical analysis we will look at SHIB and where it may be going. SHIB is a meme coin which went up tremendously last October. This November however, SHIB kept making lower highs as the price consolidated and the hype died down....
Hello. In my technical analysis, Livepeer(LPT) may be set for a 2x from 60$ to 120$. Livepeer recently did an amazing 250% move starting from November 1 until November 9. From the peak of 101.8$ it tumbled to support at the 60-62$ support and the 0.5 Fibonacci. After that, Livepeer has formed a triangle pattern marked by the red and green dashed lines. I...
Hello. Internet Computer(ICP) in my technical analysis is ready to reach 100$ for the first time in 5 months. What makes ICP a potential cryptocurrency? : 1. RSI bullish divergence, indicating that a reversal of the previous downtrend may have occurred. 2. Fresh price breakout of bearish trendline(white dashed trendline) a few days ago, indicating a reversal...
Hello. According to my technical analysis, LINK is ready to have a good rise in price. LINK recently broke the red dashed line and the 0.5 Fib in one daily candle, which is bullish. LINK also broke out of the triangle pattern highlighted in orange, with healthy decreasing volume. The RSI formed its own triangle pattern, in which it did not breakout yet. If...
Hello. Loopring(LRC) which has been consolidating over the past few days in a symmetrical triangle pattern. But the time is coming for LRC to finally move again. In my technical analysis LRC may go upwards. Prior to the triangle pattern, LRC skyrocketed from a mere .40 to a high of 1.71. After the skyrocket LRC remained silent for a while with low volume. This...
Hello. According to my technical analysis, Enjin(ENJ) is ready to break its All Time High. We may see price go to 4$ , or maybe even 5$ in the next 2 weeks if we have a breakout. In the 4 hour chart we can see a price triangle pattern, drawn with red and green dashed lines. Price is currently resting on this pattern. This is part of a healthy pullback, with...
Hello. Bitcoin(BTC) in my technical analysis is ready to march into the 70k mark, and possibly 73k. BTC recently broke its ATH(red dashed line), and people will perhaps FOMO into the coin. BTC broke its all time high with the help a triangle pattern breakout marked in yellow and green. The breakout candle had thrice the volume of the preceding candle, which...