


Looking like a solid breakout on SNX. I expect this to continue fairly shortly. SNX is an early market mover generally. This could signify a trend change into the market.
Although our Inverse H/s didn't work out, this is the textbook retracement level off the breakout a couple weeks back. Short term target from here is 40k, best bet is to see how things are performing when we get near there as well as fundamental factors and move accordingly.
We've tagged our 39.6k level nicely for a potential inverse h/s. RSI is seeing a cross on the 4h and we have a td9 on the 4h, so chances of movement up here in the short term is quite good. Also this sell spike has really solidified the bullish divergence we've been seeing on the sell pressure side: as the price increases the sell pressure has decreased, while...
SPELL is looking good after a pretty brutal breakdown. TD9 Buy into an inverse head and shoulder - Sell volume has steadily declined throughout and now buy volume seems to be picking up. Should be a pretty clean move up on the way.
we have bottom fib bounce with a bottomed out RSI on 1W timeframe. We are currently resting right at our VPOC for the entire chart. SNX tends to be a very early mover on the market, and with a potential bounce here we have quite a bit of upward potential.
We've been looking at this pattern in depth on our Twitch channel for some time (friday - monday every week!) Looking like a very good potential roadmap to 80k+ has formed. The pattern is firm so far, let's see if it can hold.
Should be an easy play here on FIL we have a clear wedge forming with volume building. wait for either the breakout or the retest of bottom support and set you TP's accordingly. Fundamentally FIL is a good prospect with real world use cases (though their fee structure could use some work to be competitive). They are a token held by greyscale.
CHR is a fantastic NFT ecosystem that has had some dealing with the united states airforce in the past - makes you wonder why it hasn't taken flight yet. Well it looks like we're about to leg up hard - breakout has already happened, retrace has already happened, and gratuitous spending is about to happen when it comes to the BPT subscriber base.
NKN - one of my favourite sleeper projects, is looking to make it's way to the bank once again. Significant volume spikes after the most recent breakout and retracement- this chart like to move QUICK when it moves and the volume spikes are a clear indicator something is going down. Don't sleep on this - NKN is easily a coin that deserves a spot in the top 100...
Here's a very nice setup for AAVE, which has some very bullish developments taking place with AAVE pro. I expect a pretty easy payday here, though we're nearing retracement on the RSI so expect to grab a quick dip for even better gains.
Looks like MTL lives again and is very likely to put up massive gains from here. The chart is showing a tasty cup and handle formation, with us just breaking out of the handle now. You can't really see it on this chart because the earlier volume spike was massive - but we're getting decent volume on this breakout: Suspect a quick retracement at some point but...
UNFI is showing strength against BTC with higher lows after breaking out of a long term downtrend. Seems to be facing rejection at every climb thus far but buy volume is still beating sell volume considerably, suspect this will make it's break through sooner rather than later. I would buy at this current level for a long term position with very reasonable risk reward.
BTS is looking like it's ready for an absolute monster leg up. BIG breakout with volume confirmed on weekly timeframe into bottomed RSI and a bullish butterfly on the daily timeframe. Suspect we'll hit over $1 in the next 3-6 months.
Zilliqa is one of my favourite charts to trade as it runs a very simple pattern generally of pumps and consolidations. Indeed, we've got some history: And now it looks like we've got a massive cup and handle on the weekly chart. This could be a MASSIVE move when this pattern breaks. Volume is declined, RSI is bottomed but relatively still in a strong spot....
The elephant in the room first - Why do I keep bringing up these charts? Well they are acting a weird way. and weird stuff tends to mean something is happening outside of the norm. We've started to see a rapid decline in active shorts on Bitfinex, which coincides with a bounce in btc price. If we look back at the last two spikes - We see clear patterns in each....
Looking at BTC 2H chart, looks like a clear downward compressive channel. Could be a nice shorter term play into the next retrace - as I don't believe the correction is over QUITE yet. But we're close. So play the range because it's so clear and make some money while we wait for the next big adventure to moontown.
Looks Like an Easy play on CHR in the works with volume taking us into a bullflag breakout. NFT sector is moving like someone store is so don't feel bad taking the low hanging fruit. Catch the retrace or market buy now and be a little patient should be an easy pay day for us.
So we can see a breakout on the daily market cap chart, we also have the GreyScale BTC unlock coming up this week. coincidence? Well - maybe not. We see that Longs have stopped growing, this is somewhat odd and generally points to a short term reversal coming. Likewise our shorts are beginning to build. I would expect this to continue up until mid/late this...