This relatively unknown gem looks bullish: 1. Long term downtrend in place since March broken and successfully retested 2. Moving averages crossed up. 21 EMA on 4hr acting as support, 100 SMA previously acting as resistance broken 3. Currently attempting to break through the largest volume node on the chart at 0.70 Breaking and closing above 0.70 will be a good...
They're heroes in a halfshell, and they're green. When the evil shredder attacks, these turtle boys don't cut 'im no slack. LINKies are cool but rude API3 is a PARTY DUDE!!! TURTLE POWER. With staking launched and a break out of the long turtle shell of death, I see good things coming. There is a big overhead volume node at 3.85 but breaking that it will zoom...
Break of trading range on lower volume than the selling climax. If it is going to spring it will be within the next few candles. Invalidates if open and closes below 31k kick in.
Inverted chart to remove bias. Structure looks as you would expect, although reaccumulation would not be confirmed until a decisive break out of the trading range. Note: Drawn arrow does not indicate time prediction.
After completing a corrective phase LTC broke out its pennant and hit its target at around 300. After the Bitcoin dump this weekend, it could potentially be in Wave 2 of a new impulse, with the Wave 5 of the previous impulse acting as support so far. I do not have a Wave 3 target for a breakout but this weekend could have been a nice shakeout for the next leg up.
To me it seems like PNK is about to launch itself to the next macro level. 0.001 in ETH is not an unreasonable target by end of Q1, more conservatively I'd look at 0.0008. Based on the two preceding waves peaks, a potential peak may form around Jan 2021 in this next cycle. There is year long hidden bullish divergence with higher lows on weekly price action and...
API3 is on a solid run right now like alot of alts, but what differentiates it is how clean the chart is. It had a breakout from an accumulation pennant and hit 4.80 target perfectly, followed by some consolidation in an ascending triangle, a break out of that triangle and a retest of the breakout level. There is solid divergence suggesting another potential rip...
Simple formation breakout Initial target - $0.82
13 count on TD Sequential indicates trend exhaustion combined with the break of a parabolic advance. Typically an 80% retrace can be expected - targets would be $0.205 range. Key levels are upper trendline of downwards channel in red and the volume node at $0.17.
Trendlines plotted via MACD crosses. Bearish divergence between MACD and price action - potentially losing momentum. Pullback to 3.40 node region is a possibility provided Bitcoin doesn't drag it up higher.
LINKBTC is heading straight for the long term parabola ironically within a parabola due to BTC's run. Whether the long term parabola can hold is to be seen, prior touches have resulted in big bounces however currently slicing through volume nodes like butter.