$TEL is doing very normal things , still working on establishing a support on the previous W pattern breakout.
However i see many people fading because of a 10% drop yet they expect the price to pump 2500%
If you are in the scared camp , you might not make it
I have had a very busy week , thank goodness itโs weekend ๐ฎโ๐จ .
I will be giving you full updates on our favorite alt coins throughout the weekend
$ICP
$AAVE
$AVAX
$JASMY
$TEL
$XCN
$VELO
$ZBCN
$QNT
$GALA
which ones do you want to see first and should the updates be picture or video format ?
Many peolpe are not bullish enough on ethereum:0xfe0c30065b384f05761f15d0cc899d4f9f9cc0eb , this will be understood way too late.
It is one coin that is about to enter price discovery based on the market cap, and you know what that means?
The sky is the limit!!!
I'm getting even more bullish on solana:qntUzPUsJ51abNP7VYNxkmsQ4RnvEZAhavUxsCxpxH4 , we have had our breather in the last 2 weeks or so.
Now i think it's time for it to start ripping up agin before giving an opportunity for more buyers to step in. From here i think we are going straight to all time high and price discovery.
In the case that i am wrong here. i have prepared for a drop to about $150 but the main scenario i have is that we are going up.
BULLISH BREAKOUT: ๐จ๐จ๐จ
If you are not bullish on avalanche-2:native , you hate money. I think it will breakout to $15 in the immideate short term.
THE BEST IS YET TO COME FOR $QNT
quant is not weak at all, it is just taking a breather before the next leg up which will also likely happen very fast before retail piles in.
Letโs keep watching but $1000+ $ICP is very very soon!!!
Hmmm ๐ค, something is cooking for $AVAX in the immediately short term, Iโm not going to be surprised by a move to $15-$20 in the very very near future. ๐
Telcoin ethereum:0x467bccd9d29f223bce8043b84e8c8b282827790f is building a support on top of previous resistance as we discussed imn the previous post before,
This is just short term analysis but could make a big difference on the longer term chart development. I will keep you updated
I am trying so hard not to sound like hyping aster-2:native but i can't help notice that this thing has a strong chance to be around $6 in a relatively short space of time.
I am just saying this out of my experience trading long term breakouts like these.
Internet computer protocol has shown a lot of strength in the last couple of months and i think it is going to be even much better in the coming fews weeks,
Every indicator we were looking at is now flashing green and there is only one conclusion: internet-computer:native is gonna be exciting.
About 2 weeks ago we were expecting velo:native to rally 100%+ , so far the price has gone up 70%
but that is only short term price action, the next major resistance is around 243% from current price, so in a nutshell. Exciting times are ahead for the velo price chart
This is still the expectation for $GALA, the market has taken a breather in the last few days but i dont consider that to be some sort of weakness.
The bullish structures are looking intact.
TELCOIN FAILED RALLY ?
yesterday i posted the update below highlighting that a bounce off the 200 daily moving average was likely, however $TEL broke that level and closed a daily candle below,
So the question is "does it go down from here?"
I think that there is still a very good chance it bounces back up rather, as a backtest of the previous W pattern (1), the second argument is that the RSI and 50 daily moving averages are also in a position to refresh another rally(2). Let's see what happens in the next few days but optimism is loaded here.