BAND had a very decisive move today after the great news on partnership with Google. Unfortunately, I have missed this trade. Got greedy when noticed the move and got in too late. Watching the pull back now to dca into my initial trade (opened at 22). It might be coming back to turn resistance into support or confirm the diagonal trend line. Don't think it's...
Waiting for the LONG signal: RLC / USDT Ideal entry would be 2.2 - 2.4 area if bounces of the trendline.
Looks like it's time for the BAKERY TOKEN! $BAKE has finished it's accumulation and established support on the daily at 0.82-1 area. It has stopped making lower lows and broke to the upside today. Marked are key resistance levels which should become support after it manages to pass them. Good looking bullish long term pattern - forming giant cup. Also a mid-cap...
PERL has formed a bull flag with the quite strong support at 0.2 area. Trying to break out. Strong resistance to break at 0.215. +50% 1st potential target
FIO Protocol chart has the similar idea as the one I just posted of WTC / USDT. FIO / USDT is trading in the channel and should be bouncing off support soon if it respects the trend line. Keeping on eye on this one. And if it does (and possibly confirms) , will be opening a long position.
Walton Chain WTC / USDT just bounced off the trendline on the 4 hr and daily chart . It has been trading in this channel for a while. Might come back to retest. If the trend line holds, targets would be 2.6, and than 3.5 areas. Have a great day everyone! Happy trading :)
RIF - major resistance ( 0.4 ) was broken. Next one - 0.415, 0.5 and into the price discovery. BINANCE:RIFUSDT
IOST on the daily is forming a beautiful assending triangle. No strong signs of the break out yet, can be a longer term target (0.1)
SafePal token SFP looking for the break out on the daily and 4 hrs. Local support established at 2.5. All time high (resistance) - 4.45. Market conditions: BTC is still flirting with its ath, highly volatile. Trade with caution. Have a great weekend everyone!
NANO / USDT is breaking up. Mid-term target would be around 10 USDT area (psychological barrier). Potentially - 12 USDT. Trading on Binance.
Wanchain (WAN) is forming a bull flag on the 4 hr with the local support established at 1.57 This DeFi project is mid-cap (312k) and just had some great news: Jupiter hard fork is coming April 15th. The news just came out today, so still fresh. The Jupiter hard fork makes Wanchain fully compatible with Ethereum. Bitcoin keep experiencing correction at the moment,...
This coin takes the stairs :) If market sentiment is bullish, the pattern should take us to the next target of 0.82.
NULS is another smaller market cap project to watch (just around 117k, previous ath at 8$) Chart looks good. Might be bottoming out around 1.12 area. Ideally, waiting for the confirmation of the trend reversal If can not hold, there is a bigger support at 1.05
Update to the STMX situation. STMX / USDT might have found the local bottom around 0.6 support area. Again, just something to keep an eye on as Bitcoin is still a bit indecisive (in the short term obviously) and market is influenced by its trend as usual. However, ideally, we would see break out through the downtrend line and confirmation, before going to try the...
As BTC is experiencing a correction at the moment, TFUEL might be forming a local bottom. Not a long trade yet, as it's still in downtrend. Just something to watch...
We can see another leg in STMX, if it respects the trend line. There was a trend reversal (bullish) breakout spotted on the 1 hr chart. Might come back to retest 0.75 support. If can not hold - can drop to 0.7.