New important signals from our indicator on the weekly timeframe, for the TOP-200 crypto assets.
Upon the closure of the new weekly candle, we have the following interesting signals:
- #ADA. Despite having the first of three possible markers for a potential high, there is also a transition to a stable uptrend. This is the third stable uptrend on the weekly timeframe in this cycle. The price has broken through the trendline from the maximum of November-December last year. Basic and additional targets are up to $1.7249.
- #LINK. This asset has been in an uptrend on the weekly timeframe since mid-July, managing to reach two out of three basic targets. Currently, our indicator shows a potential high on the weekly timeframe, the first of three possible ones. Previously, the asset quickly corrected from a strong signal of a potential high on the daily timeframe and moved to a new maximum. It is too early to say that it has started a correction.
- #KCS. Here, there is also a stable uptrend on the weekly timeframe. With targets up to $21.688. Last week, there was an attempt to break through the trendline from the high of March last year. Considering that the price has been squeezed into a triangle since then, the uptrend on the weekly timeframe is a spoiler for another attempt to break the figure upwards and work out its targets (and the targets for the figure are up to $24).
