Anything could happen, and we could reverse at any time, but MANA seems to be breaking down from this symmetrical triangle, and could re-test the $3 range. "metaverse" coins are a hot play, but the chart is showing weakness to me. This is not financial advice, do your own research
Theta crypto has been in a huge symmetrical triangle, and broke to the downside. This could always reverse and fail, but the measured move takes it down huge to around $0.50-$0.60 cents. Do your own research and analysis, this is not financial advice, just an idea.
GTC coin had a successful breakout of the symmetrical triangle, which resulted in a +150% gain in a single day. After that it just completed a full retrace of the breakout, now now the breakout looks like a potential bull flag, which could send it up to $40. Not financial advice, do your own research and make your own decisions.
GALA had a huge runup from $0.10 to $0.75, followed by almost 2 weeks of pullback. It might be ready this time to continue the bull run. Im seeing early signs of breaking this downtrend, but still need more time to verify and validate. Fundamental analysis: Gala is my favorite pick over SAND and MANA for the metaverse/gaming sector of crypto. because they have 5...
I see a potential Inverse Head & Shoulders pattern in GALA, which would take us up to $0.57 area. There is overhead supply/resistance in that area, need to see how it reacts there. This is not financial advice, do your own research and make your own decisions.
$Mana had a huge explosive move 2 weeks ago and has been consolidating in a bull flag ever since. It now looks to be over as it made a higher high, and broke out of the pattern. This could take it to the $6 range. This is not financial advice, do your own research, this is for entertainment purposes only.
Algorand crypto, symbol $ALGO, has a nice ascending triangle breakout on the daily timeframe (assuming prices hold as of this time). My target for this is around $3 USD. Volume looks good so far. This is not financial advice, do your own research.
AXS coin, for the popular game Axie Infinity, could be headed to $75. It had a chance to continue its upside, but looks like it chose to breakdown. Combined with bearish RSI divergence, Bearish MACD. This is not financial advice, do your own research.
MATIC/polygon had a huge explosive move earlier this year, and has been consolidating in this triangle pattern for several months. Now it looks ready to make a move again. First indications are to the upside, which should bring a $3 target if it follows the breakout. This is not financial advice, do your own research.
Solana is in a very tight symmetrical triangle pattern, and could breakout to the upside. Measured move is around ~$250 or so. This is not financial advice, do your own research.
Im not a fan of Dogecoin personally, but i have to admit this chart pattern is very bullish looking, so i am long DOGE. It appears we have potentially broken up out of the symmetrical triangle which could take us back to all time highs. This is not financial advice, do your own research.
I see COINBASE:BTCUSD consolidating in a descending triangle pattern, getting reject twice on breaking out, but now we finally broke above. So this is a potential BTC breakout of this Triangle pattern, as well as an Inverse Head and Shoulders. Target for I H&S is around $85,000 or so. Do your own research, not financial advice.
I see a potential uber bullish cup and handle formation on $SHOP, which has a measured move to around $2000 if it plays out. Do your own research, this is not financial advice.
TSLA broke above a downtrend line and triangle consolidation for the past 6 months. It could be headed back to the top around $900 or so. Do your own research, not financial advice.
snapchat $SNAP has been range-bound and rejected multiple times at the $65 level for the past 6 months, and finally broke above it. Measured move is to around $85. Do your own research, this is not financial advice.
$AMZN has tested the $3500 level for the 5th time now, do we finally breakthrough and rocket higher to $4000? Is the 5th time the charm? It was for SHOP!. Or do we stay range-bound and get rejected back down like all other times? Time will tell, but im thinking now we break thru, so im long. Do your own research, this is not financial advice.
I See crypto $ETH in a symmetrical triangle as its consolidating from the big drop after hitting its All Time High of $4,000. A symmetrical triangle favors (but doesn't guarantee) that the trend will continue in the previous direction. Taking into account other global macro conditions, the $DXY surging, Gold dropping, etc, my bias is that ETH will break to the...
SHOPify $SHOP has been basing sideways for awhile now, and has attempted to break and hold above the $1300 range but failed 4 times. Will the 5th time be the charm? The RSI has broken above so its looking good so far. Do your own research, this is not financial advice.