For those watching ROSE, look for a bounce at 0.27 (previously marked area of interest, and 0.68 fib retrace) for a possible continuation to the upside with a break of this falling wedge formation. May be the opportunity to reload before it attempts another move up Break to the low side will see a move toward 0.21-0.22 trend support Detail about ROSES levels...
GHX made some big moves recently, though has been in pull back the past month since making a high after an accumulation range break. It has currently pulled back 50% from the high and is retesting the top side of the range, around 0.1. We could see a break upwards here and some more impulse movements up, alternatively a break down towards the 0.05 Daily MACD...
For those looking for some good news, there is a significant divergence over the past week between price and OBV on the 4H. I find the 4H OBV with BTC to be the most actionable time frame for trends and trend breaks (the higher time frames I use more via levels). It is very unusual to see the OBV clearly trending up while price is so significantly trending...
ENJ has pulled back with much of the market, Meta and gaming began pulling back slightly earlier as investors appeared to be cashing profits and rolling back into BTC recovery before BTC sharply dived taking the market with it, coinciding with reports of new COVID strain which no doubt bears have made the most of with some aggressive selling to drive FUD Yet ENJ...
ICP is one I have been grabbing every time we dip, consistently getting it around 38.50 Has been trading in an accumulation range for 170+ days , OBV signals the higher low over all accumulation trend ATH is +6600% above Now price is beginning to squeeze between trend and demand area below the 40ish, break from this trend hopefully sets us on a path upwards -...
Momentum is in a pull back with many of the Gaming and meta tokens, though I am willing to take an entry right here on ALICE as a possible retest of the recent range break. LTF minor declining resistance break out is currently being retested, very local action but may be the start of a large movement. Rising wedge trend acting as support, as is the range breakout...
ROSE has had a good few days, I managed to catch profit on a few of its pushes up. its now trying to build from higher support for a big move. If you're comfortable scalping there might be opportunity to find an entry here and see what can be gained. Would not be surprised but a sharp drop back to support before an impulse up. If it can get above intraday high,...
Relief rally is in, made some good gains on ROSE, ENJ and SOL. Now BTC is under support-turned resistance at 58500 If we see a rejection here my primary area of interest is the 54k zone (53800 is a key level I have marked out). If we break through next resistance is 62-63k range. Looking at the 54k range: This level was previously support and a big value area...
Rose is currently breaking above the major resistance of this 260+ day cup and handle formation, if it can close the daily above this level I expect a lot of upside, looking for a target of 0.7ish. If it can hold above this level I will be loading up for the price discovery see details in related idea Made some beautiful gains over the past 3 days which I have...
I entered this trade at 127 and have been waiting for it to mature. My profit target is currently 267, previous ATH lifted from Kraken. Updating my previous analysis, primarily for my own reference: MLN has shown recent pattern of range double bottoms and pumps. Double bottom in this range recently registered at 127 and now slowly finding its way back up toward...
What might we expect from Sol in the coming weeks? I have a decent position in SOL and wanted to assess again where we might be headed. Key things I want to note: 1. Macro Rising wedge pattern. Attempt to break the top side of the wedge occurred with the first push through 200 but was rejected. We are currently in between trends. Low side is 145, Low side break...
1INCH is back down to a key area of interest. Two bullish scenarios I seeing playing out now. 1. It holds above 3.8 key support for next daily close and squeezes trend for a fresh break out. In which case I will reload on the breakout and retest 2. We see the market pull back again and 1INCH revisits the low 3s, unless we see an explosive market move more...
Been watching a few coins in particular on this dip, for this confluence of factors: dip back into trend and key supports, I opened a position on ROSE for the same criteria, and XRP, now looking for SOL to find support in this region and reverse to continue its macro bullish movement. All in the Chart, confirmed trend support approaching, resistance turned to...
LINK has been showing strength and clearing key levels. Now is a good time to take some profit if you are already in this trade, but LINK will in the coming hours/days attempt a range break which will confirm strong bullish continuation and promise a lot of upside towards previous ATH OBV is beautifully bullish and indicators look good I'll be watching to buy on...
INJ is following many other recent tokens breaking from long term Pennet. wanting to hold above key level 12 range marked for more bullish action to expected in the coming hours/days. Invalidated with daily trade and close below 10.5-11 range Good relative volume on this token (>5), market showing interest Profit targets marked
All in the chart - bounce might be incoming. Watch closely, massive rally after last pullback to support following BTC Currently approaching trend marked on chart and local demand area (around 127)
BTT has shown some renewed strength. Currently attempting to break global trend, into 4.1 level resistance. Likely we see a trend break and retest below resistance. Possible we push up through resistance and retest resistance level first. will be watching the price action in the coming hours (rejected numerous times on daily at this level, though at weaker...
Mirror saw a rejection from trend after recent signs of strength, though fortunately it is now sitting in a good accumulation zone (3.1-3). Depending on what happens with BTC in the next 24hrs and how MIR holds this zone, we might see a further sell off of the failed breakout buy those who recently entered the trade, which could take us down to lower dynamic...