IRIS – Double Top identified (1H)
Chart Pattern Information
IRIS is in the process of forming a ‘Double Top’ pattern on the hourly chart. The pattern, which started forming on ‘2023-12-08 07:00:00’, reached top ‘A’ at 0.02669 (11:00:00), bottom ‘B’ at 0.02561 (15:00:00), and top ‘C’ at 0.02656 (16:00:00). The pattern is potentially bearish, with an entry point at 0.0256 and a stop-loss set at 0.0268. If it completes its formation by ‘2023-12-08 21:00:00’, profit 1 could be anticipated at 0.0245. As this pattern is still unfolding, investors should monitor the performance closely.
About IRIS
IRISnet (IRIS) is a cryptocurrency . IRISnet has a current supply of 2,176,581,964.269709 with 1,534,176,748.752641 in circulation. The last known price of IRISnet is 0.02606107 USD and is up 3.38 over the last 24 hours. It is currently trading on 43 active market(s) with $1,638,379.47 traded over the last 24 hours. More information can be found at https://www.irisnet.org/.
INJ – Double Top identified (1H)
Chart Pattern Information
The INJ is potentially forming a bearish ‘Double Top’ pattern on the hourly chart as of December 8, 2023. The first peak was observed at 04:00 with a price of 19.189, dropping down to 18.244 by 08:00, and surging again to 19.832 by 18:00. It’s indicated that this pattern is still incomplete. The pattern projects a potential profit of 16.656, with a stop loss set at 19.9908. The entry point for this pattern is at a price of 18.244. Although this pattern suggests a possible downward trend, it’s essential to watch the markets closely as it develops.
About INJ
Injective (INJ) is a cryptocurrency . Injective has a current supply of 100,000,000 with 83,755,555.66 in circulation. The last known price of Injective is 19.9182153 USD and is up 11.32 over the last 24 hours. It is currently trading on 234 active market(s) with $164,133,808.76 traded over the last 24 hours. More information can be found at https://injective.com.
DEGO – Double Bottom identified (1H)
Chart Pattern Information
A potentially bullish pattern is currently forming on the DEGO hourly chart, identified as a ‘Double Bottom’. The pattern initiated at a price of 1.91 on December 7, 2023. Following this, it reached 1.813 at 20:00 (same day), 1.91 at 06:00 (December 8), and then reduced to 1.82 at 15:00, marking key points ‘a’, ‘b’, and ‘c’. It is expected to mature with a potential profit of 2.007 upon completion. Keep an eye on the stop-loss figure at 1.8033, as the pattern is still incomplete. Final details and confirmation will solidify upon reaching the ‘d’ point.
About DEGO
Dego Finance (DEGO) is a cryptocurrency and operates on the Ethereum platform. Dego Finance has a current supply of 21,000,000 with 20,997,679.82081017 in circulation. The last known price of Dego Finance is 1.87387019 USD and is up 2.12 over the last 24 hours. It is currently trading on 56 active market(s) with $2,816,206.63 traded over the last 24 hours. More information can be found at https://dego.finance/.
PROM – Double Top identified (1H)
Chart Pattern Information
Analyzing the ongoing developments of PROM’s hourly chart pattern, from the data spanning across December 8th, 2023, an unfinished Double Top pattern is currently being formed. This pattern is widely recognized as a bearish signal. It started at 10:00 with a share price of $4.935, reaching a peak of $5.054 by 12:00, and returning to the beginning price by 20:00. It’s important to monitor the maturity point, as the pattern currently remains incomplete. The proposed stop loss stands at $5.0659, with the first level of profit being $4.816. Be aware of these fluctuations as the chart pattern evolves.
About PROM
Prom (PROM) is a cryptocurrency and operates on the Ethereum platform. Prom has a current supply of 19,250,000 with 18,250,000 in circulation. The last known price of Prom is 5.02434658 USD and is up 4.12 over the last 24 hours. It is currently trading on 51 active market(s) with $1,865,136.31 traded over the last 24 hours. More information can be found at https://prom.io/.
TKO – Double Top identified (1H)
Chart Pattern Information
In the process of formation, a bearish ‘Double Top’ chart pattern is emerging on the hourly chart for TKO. Initiated on the 7th of December, 2023, at a starting price of 0.2709, the pattern saw its first peak at 0.281 on the same day. The pattern dipped to 0.2709 by morning but modestly recovered to 0.2776 by late afternoon on the 8th of December, 2023. As of the last entry at 20:00 on the 8th, the price stands at 0.2709. This pattern, albeit incomplete, suggests potential for a drop to 0.2608, with a stop loss advised at 0.282.
About TKO
Toko Token (TKO) is a cryptocurrency and operates on the BNB Smart Chain (BEP20) platform. Toko Token has a current supply of 500,000,000 with 169,761,345.13841677 in circulation. The last known price of Toko Token is 0.2770916 USD and is down -0.21 over the last 24 hours. It is currently trading on 71 active market(s) with $2,044,568.62 traded over the last 24 hours. More information can be found at https://www.tokocrypto.com/.
ENS – Triangle identified (1H)
Chart Pattern Information
The current hourly chart for ENS appears to be forming a triangle pattern, an intriguing phenomenon which is still incomplete. Observably, the price fluctuated from $9.61 at 4 AM (2023-12-08) to the lowest at $9.22 by 8 AM (2023-12-08), slightly bouncing back to $9.58 by 3 PM and settling at $9.36 by 5 PM on the same day. The intersect price is detected to be approximately $9.54 around 3 AM the following day. As the pattern is not fully developed, the profit range and pattern’s type remains unknown at this point. It is advised to monitor the chart for completion.
About ENS
Ethereum Name Service (ENS) is a cryptocurrency and operates on the Ethereum platform. Ethereum Name Service has a current supply of 100,000,000 with 30,325,956.07352381 in circulation. The last known price of Ethereum Name Service is 9.54459269 USD and is up 1.25 over the last 24 hours. It is currently trading on 219 active market(s) with $30,576,017.18 traded over the last 24 hours. More information can be found at https://ens.domains/.
BEL – Double Top identified (1H)
Chart Pattern Information
Currently, a ‘Double Top’ chart pattern is in the process of forming on the BEL hourly chart. This bearish pattern began developing on 2023-12-08 at 05:00:00, with a start price of 0.7151. Significant points were recorded at 06:00:00 (0.74) and 15:00:00 (0.7583). Notably, the pattern is incomplete and requires observation. The entry price of this pattern is 0.7151, and a potential profit could be realized at 0.6719, with a designated stop loss at 0.7626. This pattern forecast could inform investment strategies and anticipations of market trends.
About BEL
Bella Protocol (BEL) is a cryptocurrency and operates on the Ethereum platform. Bella Protocol has a current supply of 100,000,000 with 65,000,000 in circulation. The last known price of Bella Protocol is 0.74865908 USD and is up 4.46 over the last 24 hours. It is currently trading on 118 active market(s) with $8,628,533.27 traded over the last 24 hours. More information can be found at https://bella.fi/.
ACH – Double Bottom identified (1H)
Chart Pattern Information
The hourly chart is currently forming a bullish pattern called “Double Bottom” for ACH. As of 2023-12-08 19:00:00, the pattern is still incomplete, starting at a price of 0.02316 and making a possible entry point at 0.0232. The chart shows a profit potential of 0.0245, once the pattern matures. A critical piece of information is the stop-loss point at 0.0217, which is intended to limit an investor’s loss. The pattern reflects the market’s fluctuation and investor sentiment, which can be positive indicators for future price developments. Please note, that the chart is shaping and changes may occur.
About ACH
Alchemy Pay (ACH) is a cryptocurrency and operates on the Ethereum platform. Alchemy Pay has a current supply of 9,999,999,999.999989 with 7,063,234,148.525909 in circulation. The last known price of Alchemy Pay is 0.02280682 USD and is down -0.20 over the last 24 hours. It is currently trading on 161 active market(s) with $17,217,170.99 traded over the last 24 hours. More information can be found at https://alchemypay.org/.
WAVES – Double Top identified (1H)
Chart Pattern Information
The WAVES asset is currently developing a bearish ‘Double Top’ pattern on the hourly chart as of December 8, 2023. The pattern started forming on December 7, 16:00, when the price was at 2.27, and it reached an initial peak of 2.339 at 17:00. The price dropped back to 2.27 by 19:00 before rising again to 2.388 at 10:00 the following day. This incomplete pattern indicates potential downtrend with a projected profit point at 2.152. However, investors should be wary of a possible stop loss at 2.3998. The pattern’s completion will be confirmed if the price follows the expected trajectory.
About WAVES
Waves (WAVES) is a cryptocurrency launched in 2016. Waves has a current supply of 113,224,258. The last known price of Waves is 2.40147185 USD and is up 4.01 over the last 24 hours. It is currently trading on 260 active market(s) with $61,916,977.41 traded over the last 24 hours. More information can be found at https://waves.tech/.
STX – Triple Bottom identified (1H)
Chart Pattern Information
The STX’s hourly chart shows a potential “Triple Bottom” formation, a bullish pattern that is currently in the process of forming. The pattern started forming on the 6th of December, 2023 around 10:00, with a purchase price of 1.0816. Key points in the formation occurred at 15:00 at a price of 1.011 and again at 20:00 when it hit 1.0775. As of 8:00 on December 7th, the end price marked 1.0725. The pattern has yet to mature, signalling an incomplete status. If the pattern completes and the price surpasses the entry point at 1.0725, profits could surface at 1.1887.
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 1,427,071,022.162513 in circulation. The last known price of Stacks is 1.05925753 USD and is up 7.19 over the last 24 hours. It is currently trading on 128 active market(s) with $150,853,994.29 traded over the last 24 hours. More information can be found at https://stacks.co.
