citep7
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citep7

Avax has formed a cup and handle and it looks like it has already broken out and trying to establish a strong support before making a +20% move.Target $52
citep7

This is not a financial advice! This is my opinion on where I think ETC is headed in the current bull market. What do think?
citep7

NB: I'm not a financial advisor.In a nutshell, from the chart, you can see the blue ascending triangle. the final day for doge to trade in that triangle is May 08, 2021.A breakout from that triangle will take the price to test $0.9 making it possible to reach $1 within the specified date range. A breakdown will take the price to test $0.5 then $0.4 to $0.37 price range.- The highlighted rectangular box is the date range for doge to reach $1 if it stays within the boundaries of the channels shown on the chart.- The dash-dotted lines show possible resistance and support on its way to $1- The RSI indicator is bullish which suggests that we can expect a bullish MACD cross on the four-hour chart to happen. FINALLYIf I were you I will put my Stop Loss at $0.49 because if it breaks below $0.5 the chances of it going down to $0.4 or even below before the next Elon Musk tweet is very high.Just a little update.Keep an eye on SNL it starts at 8:30 PM pacific. If the Dogefather fails to mention doge at the show the price will likely correct. a stop loss at $0.63 would be wise. If the Dogefather mentions doge on the show then $1 is almost certain.
citep7

NB: I'm not a financial advisor, trade at your own risk.I just wanted to point out that from the highlighted area on the chart, you can see that there's still enough room for ETH to grow this month. Thus for ETH to test the upper resistance line again in the channel, it will have to break $3000.If ETH is not going to test the upper resistance line this month before the inevitable price correction happens, the price target from the symmetrical triangle breakout is a more realistic peak target for April.How high do you think ETH can go this month? please leave a comment.
citep7

Disclaimer: Do not take this as financial advice because I'm not a financial advisor.From the chart above you can clearly see that the price movement of the ADAUSD trading pair is clearly forming a cup and handle trading pattern. This is evident from the fact that the price has twice failed to break out of the resistance at its current ATH forming a bowl-like shape in the process to form a cup. And I believe the price movement is currently in the process of forming another small bowl-like shape to form a handle. {The Upside}I believe the formation of the handle will lead to the price testing its current ATH again for the third time and this time around we will be able to find support above the resistance line shown in the chart and this will trigger a price movement of about 45.2% from its current ATM to set a new ATM around $2.16.I also believe that when we see a bullish MACD cross-over on the 4 hours chart it will trigger a price movement in an upward direction from the current price to test its current ATH and find support above the aforementioned resistance line.{The Downside}I personally believe that we have already bottomed out at around $1.16 in the current price correction and in the case of any sort of price pullback, support A on the chart should act as very strong support. From the MACD indicator shown on the chart, you can see that the bearish indicator at A, C, and currently D have all found support on the MACD support line shown on the chart. The bearish indicator has only failed to find support on the MACD indicator support line shown on the chart once at B. Thus the only scenario where the MACD bearish indicator at D will fail to hold on the MACD support line is if the Support A on the price movement chart fails then support B on the chart should act as our next strong support.I believe that even if Support A fails to hold and the price test supports B it will likely be a flash crash. Thus the price will most likely be back up to support A as quickly as it fell.
citep7

I would love to say that I'm not a financial adviser and I do hodl some XLM.From the chart above you can see that XLM has been trading in a rising channel since towards the end of November 2020 which was about the start of the current bull market. In my opinion, I believe that as long as we are in a bull market XLM will continue to trade in this channel making higher lows during pullbacks and higher highs during rallies. As long as we do not break below the support line of the rising channel if you hodl XLM you should be optimistic for the future. Always remember that cryptocurrency is not a get-rich-quick scheme thus if you want to win in this market you will have to be patient.I'm speculating that the next time XLM rallies towards the resistance line in the rising channel it may test $0.80 cents although $0.75 seems way more certain. I'm also speculating that this may happen by the end of March or within the first 2 weeks of April depending on the state of the crypto market. What I believe will fuel this rally is the fact that individuals and families will be receiving a third round of stimulus checks any day now since it has been approved by the house, this may inject new money into the crypto market and push many altcoins to new ATH.Even though XLM doesn't rally on the speculated date range as long as we keep trading in the rising channel XLM remains bullish. If the support of the rising channel fails, personally I will sell thus my stop loss is set below the support of the rising channel.Watch for the bullish signal on the MACD indicator on a daily chart. When it goes green it's a good time to buy if you are looking to get in.
citep7

Let's get a couple of things out of the way. First, I'm not a financial advisor and all of my comments are assumptions based on what I perceive as evidence from the chart. Secondly, my charts are usually all over the place and not pretty, that's because the market moves all over the place and I have to consider different scenarios. However, I do my best to give a good explanation to make it simple to understand.My honest opinion on EGLDUSD trading pair at the moment is that I'm very bullish. Reason because;1. If we go down from here is a scary drop, if the price moment fails to find support on any of the assumed support on the chart indicated by the lower green dash and the lower solid pink lines, the next possible support is at about $125, then $117, then $100. I believe that this type of drop only happens if the whole market is correcting or if there's negative news about the project both of which look unlikely at the time of writing.2. As you can see from the chart we have clearly broken out of the channel that is shown by the dash yellow lines and we are yet to reach the price target for that breakout which is around $190 - $193 this gives me the confidence we are likely going up. The movement to that target might be slow but it's definitely a target we should reach except any of the aforementioned scenarios in the first reason becomes the case. There are 2 possible routes the price movement might take on its way to ($190 - $193)a. A rising wedge that is shown by the solid pink lines on the chart. If the price movement follows a rising wedge then we expect to see higher highs and higher lows until we breakout. A breakout in an upward direction from the rising wedge will take us to about ($240 - $260) a breakdown will take us around $135.b. An ascending triangle that is shown by the dash green lines on the chart. You can see that the price has twice seen a rejection close to $170 and it has also made higher lows. If the price movement is going to follow an ascending triangle pattern I expect the solid pink support line to fail and the price to trade below $140 and find support on the lower dash greenline. I also expect lower highs. A breakout of this assumed triangle in an upward direction will take us to about ($220 - $222) a breakdown will take us around the support at $117.Things I intend to do/Strategy on this trade.1. Anywhere close to the support of the rising wedge is a good buy/ entry point.2. take profit at around (190$ - $193). At that point if we are still trading in the wedge you might want to reenter a little bit below the middle of the wedge, if we are no longer trading in the wedge use auto fib extension to enter at the next support level below $190.3. set stop loss at $123 in case we failed to hold at any of the 2 assumed support. If stop loss is executed set a buy order at around $117.3 if you wish to continue the trade.4. take profit at ($240 - $260) or ($220 - $222) depend on which path the price movement follows5. Set a price alert to stay up to date with these critical price points.6. If the price continues to go up but did not follow any of these paths, still expect rejection at (190$ - $193) so take profit, you may reenter thereafter.7. In any breakdown scenario the stop loss specified here is valid.Comments are welcome.Good luck with your trade!I feel I should provide a little bit of update. The price correction we have experienced so far is not unique to EGLD. As stated in reason 1 the whole market corrected and we have tasted all the stated support of, $(125, 117, 100). If you took the Stop loss at $123 and short the trade awesome if you didn't there's nothing to be worried about if you believe in the long-term prospect of this project.I cannot say if the correction is over or not but from the breakdown of the ascending triangle, if the correction continues in the coming days around $90 should be the bottom. If we fail to hold at $90 I do not expect the price to go below $62.Suggestion!1. The best indicator you can watch at this time is the RSI and OBV indicators, they will give you a sense of where the general sentiment of the market is.2. You can also watch the total crypto market cap chart, more often than not it reflects the general direction of the market.3. Most importantly just HODL. You will likely lose more money from trying to be smart than from HOLDing.4. Finally be fearful when everyone is greedy and be greedy when everyone is fearful so if you can buy the dip.have a good day!
citep7

This is pure speculation and I'm not a financial advisor. I'm just a college student who holds about 12000 ADA my goal is to get to 21000 ADA and cashout at around $4.8 with about $100,000 profit. I have patiently waited for ADA to go break the resistance at $1 but it seems it's not going to be as immediate as I hoped. The crypto market is very volatile as such crazy gains come with crazy drops. ADA has more than 3x within the last 30 days at such a price correction before the next run seems reasonable.The price movement of ADA within the past 7 days has been following and breaking out of the resistance in channels to set new 4 years high as it approaches its ATH. But from the chart, you can see that the price movement has deviated from this routine and the support has failed to hold in the channel shown with the dash blue lines on the chart.I also observed that the price movement might have just begun to form a symmetric triangle with higher lows and lower highs.From the chart, there are 2 possible symmetric triangles that could play out;1. The symmetric triangle formed by the yellow resistance line and the yellow possible support line. if This is the case, I expect the price to drop as low as about $0.819 before reversing in an upward direction. A breakout from the triangle will take the price to about $1.15 - $1.20.2. The symmetric triangle formed by the yellow resistance line and the red support line which I expect to be the bottom. If this is the case, I expect the price to drop as low as $0.70 before reversing in an upward direction. A breakout will take us to about the same price target as the first scenario.Things I have done/Strategy:1. I sold my ADA at my SL of $0.882. I have set a buy order at about $0.81993. I have set a price alert of $0.9750 in case all of this does not happen. At 0.9750 the price would have broken out of this assumed triangle. when that happens I will buy back in and enjoy the profit ride. I might end up not making as much profit as I would have if I didn't sell at 0.88 but from my risk management it's worth the gamble, the only thing I have to lose is profit.4. In case of things turn out the way I have anticipated when I buy at $0.8199, I will set a new SL at $0.75 if the SL is executed I will set my buy order at $0.70
citep7

Not a financial advisor
citep7

The chart is self-explanatory
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