We shared this analysis on 3rd April. ETH had formed Bullish pennant & with a good breakout its sustaining up. Half way through.
An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume. Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
NEM BROKE THE Parallel channel indicating the end of its sideward movement after a huge downfall. Broke it's earlier downtrend and is gaining momentum. Chances are it'll break it's all time high .
Enjin is following an uptrend triangle formation. and getting strong on RESISTANCE. it is going to breakout soon........
Levels on the chart. Seems to be good for 1$ from here Regards
After a good rally, BTT is now having a correction near Fibonacci 61.8% level and forming a FLAG & POLE pattern. Wait for the breakout of pattern for long positions. If BTT doesn’t sustains near 200 ma and break 61.8% Fibonacci level we can look for short setup.
ETH/USDT has been trading above 200 ma and formed a bullish pennant pattern. Bullish pennant price pattern is uptrend continuation pattern & Ethereum broken the resistance level with good increase in volume. Those who are already in position or planning to enter can enter which half quantity and later see if ETH is retested this pattern. If it does, we can add...
Short to Medium Term Bullish Setup for #DASH #TeamAZ
Akropolis, an Ethereum based DeFi protocol that offers a suite of products such as AkropolisOS- a framework for developing for-profit DAO, Sparta- a platform for uncollateralized lending, and Delphi- a yield farming aggregator. Since Feb 4, AKRO has been trading in an Ascending Triangle and has given a decent Breakout from the pattern today(31st March). The...