A few days ago i’ve posted an imverse HnS on IOTX, today it skyrocketed. I’m gonna leave this here just in case
One of my personal favorite behaviours of the price. I longed this one, gonna keep an eye on that trend line in case we lose it. If we break 0.045 it’s full send to 0.06. Supports: Trend line. If we lose that, anything between 0.036 and 0.032 is a potential support level. Resistances: 0.04 to 0.045. Next one is between 0.06 and 0.063.
XTZ is currently sitting just above a pretty important trend line. I’m waiting for a bounce before entering a position, mainly because i don’t like the declining volume. Supports: Yellow diagonal + 6.00 price tag 5.80 (swing low) 5.6/5.5 price tags Resistances: 7.15 (swing high) 8 (2nd swing high)
As much as i don’t like to analyze this chart, I acknowledge is pretty important. Bitcoin dominance broke the trend line, retested it on lower time frames and is currently heading down again. Conclusion: i’d say is pretty safe to sit on altcoins for the next few days.
I’ll probably be the only one on TW to do an analysis on Reddit Moons. Moons are the native cryptocurrency of r/cc, you can gain those by being active on the subreddit. The price here is currently in accumulation phase, sitting on support. I’m expecting an impulse relatively soon around the 0.4/0.5 level. In the meantime, if and when we break the yellow trend...
An inverse head and shoulders seems to be forming. RSI is currently on healthy levels and i’m looking for a breakout of that too. I usually don’t trust these types of patterns but if it breaks the neckline i’ll be looking for a small scalp. Good luck!
Swinging this one. Path seems relatively clear. 63.7k is a strong resistance, weakened by the fact it was touched multiple times already. Good luck!
Seems that THETA finally decided to stop being a stable coin around the 6/7$ mark and made some kind of move upwards. If we close above the grey trend line and the $8 mark i bet this is going to teleport to $9.5, i’ll book some profit here since $10 is also a psychological level. Good luck!
Easy trade imho. Broke $0.25 resistance, i’m going to ride this to $0.37. Given the current gaming narrative it should be a breeze. Good luck!
Consolidating again just under resistance. Flipped a trend line that acted as a resistance too (yellow one). I think this has still room to go even tho the current gaming narrative doesn’t help it. Bought some, plan is to unload my initial capital at the $0.368 mark and let the moonbag ride. Good luck!
I don’t know what to expect now. I’m fully out of this trade, but i’ll start to buy something back once we touch the yellow trendline again. If the price consolidates under the $15 resistance for some time, it will be a bullish signal for me and i’ll buy back hard. In the last few weeks a lot of altcoins had bullish consolidations under resistance just to...
This area is particularly important, as there are two different resistances. There’s the midrange resistance from the highlighted parallel channel, and there’s a general resistance around the $0.4/0.45 mark as we can see that the price struggles to break this barrier (multiple touches of this zone in the past). If HBAR manages to break on the upside, chances are...
Breakout of the trend line (+ retest on lower time frames), first stop right there at $0.097. If this does break upwards it will teleport to $0.105 (if we consider that as some sort of midrange between 0.09/012 which are resistances). Good luck!
Don’t exactly know what this does, so it’s purely a technical trade. Scalping this to $.195 as an hypothetical midrange of this triangle. Waiting for a breakout to open another position. Good luck!
Breakout of the upper trendline. Scalping this to $48 since $50 is a strong psychological level. Good luck!
ANKR has formed a giant triangle from February till now. My only worry right now is the absolute dogsh*t volume, but i’m sure it will come when a breakout happens. > Looking for a scalp from the breakout to the $0.11 level. Good luck!
HNT finds itself at the top of a parallel channel that is in play since something around July. I don’t see it breaking upwards, since the current narrative is gaming/metaverse right now, and all the capital is moving to those projects. Opened a short, the plan is to unload my initial capital slightly above the previous ATH (mainly because i acknowledge the fact...
Just set a few buy orders just in case this plays out. Could be invalidated at any time since the coin itself is strong, even tho the current gaming narrative doesn’t help it. Good luck!