Welcome to today’s edition of Crypto Chart Pattern Alerts. This time, we looked at the hourly chart and found some promising patterns for tokens, such as STX, VET, or AGIX. Let’s dive right into it!
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ALICE – Triangle identified (1H)
Chart Pattern Information
A triangle pattern is currently in the process of forming on the hourly ALICE chart. The pattern began to take shape on December 12, 2023 at 17:00 when the price was at 1.219. It then peaked at 1.349 by 23:00 the same day and, after a dip at 7:00 the following morning, improved to 1.314 by 10:00. The intersection price is 1.2367 and the pattern is expected to mature by 9:00, December 14, 2023. It’s noteworthy that since this pattern is in progress, its type and potential impacts are yet to be determined.
About ALICE
MyNeighborAlice (ALICE) is a cryptocurrency launched in 2021and operates on the Ethereum platform. MyNeighborAlice has a current supply of 100,000,000 with 67,913,333 in circulation. The last known price of MyNeighborAlice is 1.22 USD and is down -3.62 over the last 24 hours. It is currently trading on 191 active market(s) with $14,950,902.05 traded over the last 24 hours. More information can be found at https://www.myneighboralice.com/.
BICO – Head And Shoulders identified (1H)
Chart Pattern Information
The hourly chart of BICO indicates a potential “Head And Shoulders” pattern in formation, signaling a bullish outlook. This pattern began maturing around 12:00 on December 12, 2023 with a starting price of approximately 0.3687. It now appears to be culminating at 14:00 on December 13, 2023, with an estimated end price of around 0.3555. This predictive chart model is still incomplete. If it fully forms, we could anticipate possible profits up to about 0.3787. However, please bear in mind that the vertical stop loss for the pattern is set at 0.3322. This forecasted trend needs to be monitored closely.
About BICO
Biconomy (BICO) is a cryptocurrency launched in 2021and operates on the Ethereum platform. Biconomy has a current supply of 1,000,000,000 with 588,831,559.9292042 in circulation. The last known price of Biconomy is 0.355 USD and is up 0.82 over the last 24 hours. It is currently trading on 99 active market(s) with $6,556,181.35 traded over the last 24 hours. More information can be found at https://biconomy.io.
AGIX – Double Top identified (1H)
Chart Pattern Information
The AGIX hourly chart is currently forming a ‘Double Top’ pattern, a definitive bearish signal. It started on the 12th of December, 2023, at 00:00 with a price of 0.29663, peaked at 0.31537 on 09:00, and again rose to 0.32417 by 23:00 the same day. As of 14:00 the following day, the price is back to 0.29663. The pattern suggests a potential entry point at 0.2966 with a profit target of 0.2691 and a stop loss set at 0.3269. However, the pattern is still incomplete, requiring careful observation and risk management.
About AGIX
SingularityNET (AGIX) is a cryptocurrency and operates on the Ethereum platform. SingularityNET has a current supply of 1,364,516,094.1236699 with 1,249,800,110.4675493 in circulation. The last known price of SingularityNET is 0.347 USD and is up 3.31 over the last 24 hours. It is currently trading on 172 active market(s) with $66,443,249.30 traded over the last 24 hours. More information can be found at https://singularitynet.io/.
ACM – Triple Bottom identified (1H)
Chart Pattern Information
An anticipated bullish ‘Triple Bottom’ pattern is currently evolving on the ACM’s hourly chart. This pattern started forming on 2023-12-12 at 10:00:00, with a starting price of 1.9359. Price points at various times of 12th and 13th December defined its structure, with the low point at 1.834. As of 2023-12-13 at 13:00:00, the price stands at 1.8759, indicating the pattern is still maturing. The chart pattern signifies potential upside with first profit target at 1.9251. Though optimistic, investors should consider a stop loss at 1.8267 if the trend reverses. The pattern status remains ‘incomplete’ as of the latest update.
About ACM
AC Milan Fan Token (ACM) is a cryptocurrency and operates on the Chiliz platform. AC Milan Fan Token has a current supply of 20,000,000 with 6,027,906 in circulation. The last known price of AC Milan Fan Token is 1.871 USD and is down -1.68 over the last 24 hours. It is currently trading on 36 active market(s) with $957,500.87 traded over the last 24 hours. More information can be found at https://www.socios.com/.
VET – Double Top identified (1H)
Chart Pattern Information
The VET hourly chart suggests a potential ‘Double Top’ chart pattern is taking shape. This bearish pattern commenced at 06:00 on the 12th of December, 2023, with a start price of $0.0284. The pattern experienced an upward swing to $0.03064 by 13:00, followed by a decline to $0.0284 by 21:00. On December 13th at midnight, a rebound to $0.031 was observed. However, the chart pattern remains incomplete. A complete execution entails the price dropping below the entry point of $0.0284 to signal a sell, with a stop-loss at $0.0313. Watch out for potential profits at $0.0258. This pattern indicates possible descending trends.
About VET
VeChain (VET) is a cryptocurrency . VeChain has a current supply of 85,985,041,177 with 72,714,516,834 in circulation. The last known price of VeChain is 0.02989064 USD and is down -2.81 over the last 24 hours. It is currently trading on 258 active market(s) with $61,644,318.48 traded over the last 24 hours. More information can be found at https://www.vechain.org/.
STX – Triangle identified (1H)
Chart Pattern Information
The STX hourly chart is currently forming what appears to be a Triangle pattern, indicating potential future market movements. As of now, the pattern is incomplete, with its first notable point at a price of 1.0032 on December 10, 2023 at 21:00, followed by a dip to 0.82 on December 11. Prices picked up again to 0.996 on December 12 but dropped down to 0.8741 the following day. The intersection point is expected to occur at a price of around 0.9716 on December 17, 2023 at 05:00. As the pattern evolves, it would be prudent to keep an eye for updates.
About STX
Stacks (STX) is a cryptocurrency . Users are able to generate STX through the process of mining. Stacks has a current supply of 1,818,000,000 with 1,427,936,117.278051 in circulation. The last known price of Stacks is 1.038 USD and is down -4.31 over the last 24 hours. It is currently trading on 133 active market(s) with $183,045,739.88 traded over the last 24 hours. More information can be found at https://stacks.co.
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