Injective Protocol Flashes Buy Signal On The Daily Chart — 16% Potential!
👉 Here's What Has Happened $INJ printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which likely leads to a further price increase.
ℹ️ Signal Details The signal flashed on the daily chart and had extraordinary backtest results. Based on 30 historical signals, INJ gained more than 10% after signals has flashed in 80%. Moreover, the MACD is usually a good indicator on the daily chart — when specific aspects apply 👇
💹 Other Technical Indicators Most momentum indicators are in the neutral zone and, therefore, support the signal. Many trend indicators have turned bullish or are about to turn bullish. The weak ADX should be monitored closely since we want to have the signal backed by a strong trend.
📉 What about the chart INJ's 1D chart perfectly supports the signal. INJ has found strong support at $20 and bounced nicely. The profit potential of the signal aligns with the next resistance at 27-28.
Ethereum Name Service Flashes Bullish Ichimoku Signal 🚀
👉 Here's What Has Happened Today, ENS flashed one of the most reliable trade signals: the Ichimoku signal. This signal combines different indicators and validates the trade setup on multiple timeframes. As a result, its win rate usually outperforms many other signals.
ℹ️ Signal Details The signal flashed on the daily chart and had exceptional backtest results. Although the number of backtest signals is relatively low, the performance is clear: Every time this signal flashed, the price of ENS pumped by more than 10%.
💹 Other Technical Indicators Most momentum indicators are in the neutral zone and, therefore, support the signal. Many trend indicators have turned bullish.
📉 What about the chart ENS's 1D chart indicates a potential outbreak above the 27.5 level, which would open the road to this signal's profit target.
Many of you told me they prefer a written trade setup of a video. That's why I put together the most essential facts about the $WIF signal in this post.
What Happened? 👇 WIF flashed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which can lead to a further price increase.
Is This Signal Reliable? 🧐 Unfortunately, we can't run proper backtests on the daily WIF chart simply because there's not enough data available yet. However, on higher timeframes, such as the daily chart, the MACD is considered a valid signal.
What About Other Indicators? 💹 Momentum indicators are neutral, which is absolutely fine. For trend indicators, we (logically) see a mixed picture of bullish and bearish indicators. The ADX shows a light trend, which further seconds the bullish trend.
How About The Chart And Potential? 📉 After its dump, WIF found support at the level of $1.6 and bounced nicely. Therefore, the chart looks promising for further gains and some room to run toward $2.5 - $2.6
Ethereum Name Service Flashes Bullish Ichimoku Signal 🚀
👉 Here's What Has Happened Today, ENS flashed one of the most reliable trade signals: the Ichimoku signal. This signal combines different indicators and validates the trade setup on multiple timeframes. As a result, its win rate usually outperforms many other signals.
ℹ️ Signal Details The signal flashed on the daily chart and had exceptional backtest results. Although the number of backtest signals is relatively low, the performance is clear: Every time this signal flashed, the price of ENS pumped by more than 10%.
💹 Other Technical Indicators Most momentum indicators are in the neutral zone and, therefore, support the signal. Many trend indicators have turned bullish.
📉 What about the chart ENS's 1D chart indicates a potential outbreak above the 27.5 level, which would open the road to this signal's profit target.
Pepe has been one of the best-performing crypto tokens in this cycle so far.
After breaking out of an inverse head and shoulders pattern at the beginning of May, Pepe reached a top of 0.0000179. At the time, buyers lost some steam, and the token entered into a consolidation.
Here are two reasons why Pepe could have reached the local bottom and aims for a new ATH soon.
1️⃣ Technical Indicators: Pepe has flashed a bullish MACD crossover on the daily chart. This signal is reliable, especially in higher timeframes. Backtests show that in 70% of all occurrences, the price rose by more than 10% right after.
2️⃣ Chart Setup: Pepe is forming a nice U-formation on the daily chart with its bottom at 0.00001.
If $PEPE follows this pattern and gets fueled by bullish indicators, a re-visit of the previous ATH is likely.
Based on the current level, this results in a profit potential of 35% - 40%.