TA: Bullish Stoch Crossover and almost 170 days of accumulation, currently sitting near support, it's a full signal on ichimoku which doesn't come often, a really pretty chart.
FA: 30 mil market cap. Partnership with Huawei Cloud, Seed launchpad was released recently. Staking campaign is coming this month and they're re-opening their ambassador program...
Ichimoku cloud and fib support around 0.786 (blue box) held nicely giving a continuation signal with higher low swing and the current trendline intact. C-Clamp (divergence) pattern forming alongside a crossover on lower band Stoch RSI makes this a medium risk play.
If the trendline is broken from of a lower low swing, de-risk by reducing position is an option but...
MATIC looks ready to move upwards after a successful breakout and retest on the trendline. Bullish crossovers on Stoch RSI with the wick above Ichimoku cloud. I expect some resistance between fibs 1.272 and 1.618 before making a final push to new ATH. A relatively safe mid/long term hold with strong fundamentals to back.
TA: Trading the range, hoping for a wick down during weekend to enter around $0.38 and ride the wave beyond $0.60.
FA: 6 mil market cap. FET 2.0 for AI, powered by IBM Watson (partnership), beta testing for their digital asset protection program just closed, announcement coming soon as catalyst.
Risk Management: Microcap, volatile nature, I have a stop loss at...
CAKE got rejected hard around the $25 resistance area and has been in accumulation mode for over 50 days now. $17 support area is holding strong with Stoch RSI giving oversold signal. It's not a textbook cup and handle pattern but the chart looks good overall.
It's one of the safest passive income play out there. If it goes lower, I'll DCA around $10 - $12 while...
