Looks like a falling wedge on the daily for KEYBTC. Usually the falling wedge is a bullish pattern, so the target might be somewhere between 42 and 49, dependent on the strength of the breakout. But keep in mind that the pattern could also still fail, so don't forget to do your risk managment properly. This is not financial advice and just for your entertainment.
Looks like a descending triangle might be in play for KEYBTC. It has broken down from the longterm downtrend channel and seems to be forming a descending triangle. Now, I wonder whether it will touch the descending resistance line beetween 48/50 one more time in the coming week. A break of the black support line at 43/42 could bring it further down. Target of...
Looks like a bullish pennant forming for MIOTA/TetherUS on the 4h chart. Additionally Tenkan sen crossed Kijun sen above the cloud. Also the price crossed both lines, which is a bullish sign. Let's wait an see whether it can break the upper trend line of the pennant now with high volume. Target would be around the 0.54. This is not financial advice and just for...
Selfkey is now at the support line of the channel and might be hovering some days between 59/62 before moving back up to the resistance at around 75. Next resistance around 84. Next support levels around 56 and 52.
KEYBTC is in a longterm downtrend channel - will it break the upper resistance at around 76/79? There's a chance it will move further down the coming week or two to 65/64 or even lower to the longterm support line at 59/60 sats. If it breaks up the downtrend channel at around 79 it might reach targets at 84/85 or 90 or next resistance at the 110ish.
XLM has retraced nicely and possibly forms a cup and handle pattern here. Support level is around the 3600ish. 1. target to confirm the cup and handle is a breakout above 4193. 2. target: 5400. Put a stop loss somewhere below that possible handle. I'm not a financial advisor. This is just for your entertainment and to share my thoughts. Pls let me know what...
XLMEUR has fallen out of its triangle move on 5th of September following BTCs sharp drop. Since then it is going down in a falling wedge formation and there's also a bullish divergence on the 4h RSI. Additionally XLM had promising news recently about IBM Blockchain World Wire which uses the Stellar protocol. Support levels is between 0.160 and 0.163 €. Next...