GALA has formed a bullish inverse head and shoulder pattern on the day chart. The right shoulder has confluence with the .382% retracement level which also happens to be the daily 50ema. On the weekly chart a morning star has also formed which gives more confluence with a bullish sediment. If price holds this $.3000 level, a bull run should be expected over the...
LUNA: Trading at 49.31 at press time. The 2HR chart has a potential Inverse H&S pattern forming with the right shoulder coming in at the 50% retracement of the last bull run at 48.82. With this currency consolidating price at the 200EMA on the Day chart, this may be a potential low forming for LUNA to become a lead bull. If a candle formation appears at the 48.84...
MATIC: Is bouncing at the weekly 59ema, a mult-week up trend-line, and has clear RSI bullish divergence on the 4HR chart. A lot of confluence saying a low might be in and a bounce to form a new up trend may be coming.
MATIC$ Price is 2.44 at press time. The 200ema on the 2hr chart is holding support and the RSI is showing bullish divergence. Price has pulled back to the 38% retracement on the multi day fib. If support holds, 3.00 seems to be a viable target. BINANCE:MATICUSDT
Polygon raced to new highs of 2.65 today. If MATIC can pull back to 2.31 levels it would correlate with a .382 retracement of the run from December 14th to the highs of today. The 2.31 level is also past resistance of December 10th and 19th. Although price may not retrace and continue higher now that the new high has been formed.
SHIB - Currently trading at .00003459 at press time. If price can hold above .00003436 (2HR 200ema) we may see a bounce off the back side of this moving average to another test of the day's highs at .00003785. The .382 retracement level is also at .00003418 which is slightly below that 2hr/200ema. This may act as sufficient support to see a rally to the highs. ...
