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therealcryptojk
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Crucial support here for $POPCAT.
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$POPCAT H1 Bearish Idea Update. Yesterday's harmonic pattern almost got invalidated as market went on another rally, but only surging towards $1.0850, now making a triple top. First support zone now broken, with price seeing a current bounce on the 62% Fib level. This could be a reversal point, but personally I think more downside will happen soon, possibly tapping the 79% Fib level. Watching for another POC break with price going below $0.9341, and in the event this happens, then I expect the lower support zone to be tested sooner or later. Also not shown on the chart is the possibility of EMA DX on the H2 chart, as it is already curving down but has not yet crossed each other.
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$HMSTR M15 Sentiment. Just my little intro technical analysis on this 1 and a half day old hyped coin. Clearly it is in consolidation and is in a trading range between $0.0066 - $0.0072 price mark. Market is still undecided, with it just hovering closely to the POC. I am keeping an eye on the EMAs as it has yet to make M15 golden cross, but looking closely on the chart it seems a bullish soldier candle pattern could likely trigger it. Also noteworthy here is the HARSI as it recently made a median bearish cross but market has yet to dump again further revisiting its VAL.
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$POPCAT H1 Bearish Idea. Bearish shark formed from previous volatile movement for the past 2 days. Possible retracement towards Fib's golden zone, with 70.5% and 79% levels as greedy targets. Pattern invalidation if price goes above $1.09 mark. Market currently below bullish NT and fast EMA. VAH breakdown. HARSI hovering just below median. Risky setup if taken as a trade given its bullish momentum, hence, I am merely sniping the exhaustion pattern.
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I see $POPCAT bearish pivot at $0.9471. That for me is a strong confluence for a short. It's a bit of a long way to go before price goes there, but who knows, this is crypto afterall. Right now it is still giving me mixed vibes. But one thing to note is the (+) funding is increasing, which favors shorters.
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$NEIROETH H1 Bounce Idea. Currently in consolidation. Predicting a tap on either POC or 50% of Bu-OB before reversal. HARSI in lower area also consolidating. Successful breakout of the wide 62% key resistance trendline will send it breaking the Be-OB and trade above EMA200.
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