KRAKEN:ADAUSD In this chart, you can see Cardano has been consolidating for a few months now reaching oversold levels on the RSI, as well as reaching the .618 Fib retracement level. For a few days, it has closed under the 200 daily MA just like it happened back in July before exploding up to new time highs. I will currently remain neutral on ADA until a reversal...
KRAKEN:LINKUSD We have all been waiting for the anticipated parabolic rally on Link, Q4 tends to be great for these rallies as we approach the Santa clause rally effect that is usually experienced in mid-December. As you can see in this chart we can see the formation of an ascending triangle. Important factors to note are keeping an eye on the 200 MA as we are...
In this analysis, we can see Atom continues in its consolidation pattern getting tighter and tighter in the current pennant that is forming. The wave count shows a massive wave 1 that propelled us to the 44 dollar range. As we complete wave 2 we can scout potential targets for wave 3 that can easily take us to the fib retracement level of 2.618 at approximately...
Link is currently in its consolidation pattern experiencing a lot of resistance at the 200 daily MA. We can observe that a potential wave 2 correction has been completed and is currently setting up for a wave 3 in Q4 that could propel Link to the .618 Fib retracement level at 37 dollars eventually leading to its final wave 3 point at the 1.618 level at...
Just want to share my TA with the community and get feedback if possible, what do you guys think about this potential inverted head and shoulders on DOT? KRAKEN:DOTUSD