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Ben Walther
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$BTC are we ready for 56k? Let me know in the comments 👇

$BTC are we ready for 56k?

Let me know in the comments 👇

Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Lásd a Feltételeket.
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$PEPE Playbook Inverse Head & Shoulders Breakout 👊 I have to share this one because it's a perfect example of an inverse head-and-shoulders pattern. Based on that the latest pump of PEPE was just logical. When you look at the 4H chart, #Pepecoin has been starting to form a head-and-shoulders pattern at the end of March/beginning of April. It reached the bottom by mid-April and continued to form the right shoulder at the beginning of May. Here's the playbook part: After the neckline broke at the beginning of May, it retested this level before it finally took off. ➡️ If Pepe continues to follow the playbook, we should see gains of ~70% (measured based on the neckline), resulting in a price of approx. 0.000014. #altcoins
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$TRB — Consolidation before next leg up? #Tellor has probably entered a consolidation phase where it is trading in a sideways channel between 117-140. Volume has been constantly decreasing since reaching the high at almost 150. ➡️ Approach 1: Trading the sideways channel. Since the channel has a corridor of 25% it reflects a trading opportunity by itself. However, remember that the price not always touches the upper/lower band. ➡️ Approach 2: Wait for break out of the channel and follow the trend. As shown in the 2nd attachment, the momentum indicators like the RSI are still in overbought territories. Accordingly, a break to the downside is more likely (and probably healthy). On the other side, the AI forecast shows a #bullish scenario and expects more upward potential in the next 7 days. #altcoins
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Crypto Market Status - 14th May The crypto market continues to trade in its sideway channel. $BTC did not break out of a (potentially) forming inverse head and shoulders. Conversely, #Bitcoin is almost back at yesterday's price level. Volume has been constantly decreasing during the last days/weeks. Therefore, every little pump not backed by a volume increase won't last long. In terms of #altcoins , many have tried to break through resistance lines yesterday. However, similar to Bitcoin, most of them failed ($RNDR is a very good example). Accordingly, the amount of trade signals remains at a very low level for both the daily and hourly charts. As a result, trades should be opened very cautiously and backed by several indicators (chart, TA, AI, etc.).
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$RNDR — AI Predicts 20% Increase Over The Next 7 Days. Our AI analyzed Render's price data for the last two years. ➡️ It found 19 similar patterns. The average correlation of the identified patterns was 0.97, reflecting the high quality of the correlations. ➡️ In the case of the identified patterns, the price of #Render increased by 20% on average during the next 7 days. 👉 If the scenario plays out, RNDR would return to its long-term upward channel and even test the upper boundary. 🚨 Important: Our AI Forecast incorporates a vast amount of historical data. However, it cannot foresee external factors that might arise during the forecasted period. Therefore, it is important not solely to rely on AI forecasts when trading. #AltcoinStrategies
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$ONE — 92% Win Rate Signal on the 1H Chart 🚀 Harmony (ONE) flashed a trade signal on the hourly chart at 8 pm UTC. The signal has a win rate of 91.7% based on 12 historical events. Although most of ONE's trend indicators are #bearish there are a few signs that second the signal: 👉 MACD has turned bullish on the 1H chart, indicating an upward trend and reversal. 👉 ADX shows a strong trend 👉 RSI and other momentum indicators are neutral The area at 0.02 seems to be logical for a first TP. Breaking through this resistance brings 0.212 on the table — resulting in a potential of ~9% #altcoins
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