


thecryptochart
EssentialCRYPTO - PYRUSDT - Ascending Triangle. But not just any ascending triangle. We have just gone through a mini wyckoff accumulation and we are in a sign of strength. Good times. I have been watching this since it was at 25. RSI is looking good. Volume is falling as the selling weakens. We have had 3 recent bullish divergences reinforcing that we have...
CRYPTO - VRA - Wyckoff Accumulation finished. Another sign of strength after a long accumulation. Green volume candles are taking over. RSI is rising. STO has bottomed and indicates a bounce. Computers says BUY. Volume. Volume dominating on green bars. RSI - Selling strength weaker on new higher lows. STO - Bottomed out time to head back up. Price =...
CRYPTO ETH SOS (Show of strength). ETH has been setting higher highs and higher lows. The volume is low in the SOS. The green candles are dominating. The trend is now our friend. Volume - Low on selling. Higher on buying. Looks good. RSI - Higher on each higher low so weakness in selling and strength is buying. STO - Possibly a little more downside but...
CRYPTO - NEAR - Triple bottom. Selling is weakening. Massive buying pressure around. Triple bottom. Time to fly through to 11.50 to start. Volume - A massive green candle showing interest is there RSI - higher on each new low showing selling strength is weakening. STO - Bottomed out and ready for a bounce. Buy at 9.25 Target 1 is 11.50 Stop 8.50
CRYPTO - BTC - Ascending triangle on weekly chart. The markets appear to be on edge. The ETH chart is not ready yet. But BTC has an ascending triangle which is a higher probability trade. Volume - Falling like you see in an ascending triangle or bull flag. Which is good. RSI - new RSI high on last price high. RSI lows are setting new highs showing...
CRYPTO - BTC - Inverse Head and Shoulders. Volume - We have green candles dominating. RSI getting stronger on each new higher high and higher low. STO - Bottoming out suggesting BTC about to bounce. Current Price 58700. Target 1 = 64K. Stop loss 55,800
CRYPTO - SLP - In July 2021 SLP went overbought and started a large sell off. It has been sold off aggressively since. On 21 Sep it went oversold. This is what caught my attention. There are two large green candles that have large volumes which shows interest is there. The selling pressure is weakening which you can see in the rising RSI. STO is falling to...
CRYPTO - SOL - Rising Wedge is a reversal pattern. As a minimum I would lock in some more profit. Volume and RSI weak on new highs. STO heading down. Volume. trending down but still enough green candles to keep it heading sideways. RSI - Def weaker strength on new highs. STO - Just rolled over and heading down again. Target 1 = 201.
CRYPTO - YFI - Yearn Finance. Inverse Head and Shoulders pattern. This is a reliable reversal pattern people. The right shoulder is almost complete. There may be a little more downside that could almost create a triple bottom but I think the strength in the RSI is indicator that now is the time to get long. Volume - Not much doing which makes me sad. Would...
CRYPTO - RFOX. Bull Flag. Redfox has had strong support at the 0.035 level. It has a quadruple bottom there. We have had a nice run up with lots of large green volume bars. We are taking a breather with a bull flag which is very healthy. STO not quite bottomed out so could be a little more downside. Volume. Nice green volume flags on leg ups. RSI confirmed...
CRYPTO - SHIBA - What goes up must come down. Take care people. New highs being set on weakness in RSI and on lower volumes. Bearish Divergences are appearing and last time this happened price went sideways and ticked down for over a week. RSI - Relative Strength Index is lower on the new high which means the buying strength is...
CRYPTO FTM - Ascending triangle - Get Long Baby. Looks like we have a nice ascending triangle pattern in FTM which is quite a reliable pattern. Now is a great time to buy to maximise profit and minimise loss. Possibly one more bounce off the top of the triangle and then a small pull back but only back to current levels. Volume = Falling on the selling. RSI =...
CRYPTO - UMA - Bull Flag almost complete. UMA has just taken a nice healthy breather after some strong buying volume. The selling volume and strength is weak. The spring is building. Should explode again. If you look back this is the 3rd time this pattern has occurred on this run alone. Looks nice. Volume = Large green candles on the last surge up. No...
CRYPTO - HBAR - Inverse head and shoulders pattern completed. We have broken the neckline. Volume - large green candles showing demand. RSI - shows that selling pressure has gone away. STO - STO is high but this is sustainable based on previous moves. BUL DIVS - We have just had three bullish divergences and all significant moves have followed bull divs in...
CRYPTO KING ETH - Possible upside down head and shoulders. If ETH breaks that 3600 barrier the pattern will be confirmed. RSI is stronger on the right shoulder. Volume decreasing slightly. STO is at the top though but ETH can hang in the high STO band and fly. Stop 3350 Target 1 3750.
CRYPTO - Theta - Ascending Triangle. One of the more reliable patterns for continuation of trend. Because of the way they play out you can have a short stop level just in case. There should be one more rejection from the top of the triangle before we break through but now is the best time to get long. Volume is falling as the selling strength runs out. RSI is...
CRYPTO - ENJIN - Bull Flag almost finished. Bull pin on 4H. Looks like the bull flag is completing with serious volume on the green candles. Bull pin is great confirmation. Target 1 = 1.90 Stop 1.44.
CRYPTO - MATIC - 4H Bull Flag with bull pin. Volume is dipping on the bull flag as expected. Fast STO appears to be turning back up. Target 1 is 1.50. Stop at 1.10.