INS has traded sideways out of its descending wedge and formed a short term parallel channel. Now is a good time to try to swing FUN for a small 5-8% gain depending on if we go all the way and hit the bottom of the channel before bouncing and touching the top. As it stands right now its mid channel with and signaling a market bottom. Volatility is not that low...
MTL has held up super strong in this recent whatever you want to call it that we are in. I keep coming back to it for trades and even miss out on it when I think to myself its too risky. We are bouncing off the bottom of this ascending triangle and still within the alternative which is a channel. I think we could hit the top of this triangle that we have moved...
THis could go either way. I'm expecting ti to break down.
MTL has held up tremendously throughout this little dip we've experienced being relatively stable for the most part compared to other coins that have dropped substantially, MTL has maintained its upward channel. While currently mid channel, this could go either way. Purple dotted lines are daily trends
AELF looks like it might bounce here on the daily but EMAs are looking pretty bad. Not sure what might happen here but I'm opening a position and scaling in.
FUN entered a descending wedge. We'll see if it decides to reverse or continue its trend here. Should be somethign to keep an eye on. if it breaks up does the market have enough steam to make it profitable? who knows We have about a day before it has to make a decision assuming it doesn't just continue the trend or there is no news