EURGBP on Daily Chart testing previous S/R line. A strong breakout above could push EUR to the previous ATH of .93. 1-2 month timeframe. Patience and strong breakout are key.
UJ is in a descending wedge starting from ~142.57. CPI #s tomorrow can either continue downtrend or break to upside back to 137. Be patient, wait for market to digest numbers, make strong entries.
Similar to GBPJPY setup previously posted. CADJPY has opportunity for breakout and continue run of JPY weakness ***Posting this day ahead of US CPI & Unemployment numbers, this could impact direction of trade.***
JPY pairs have been forming inverse head & shoulders since Dec. 19th. GBP has best RR along with both technical and fundamental support to close gap to 166.
Storj coin is a great use case coin with a transparent team. Breaking out the channel and expecting a target of .00005sat before true resistance
BTC is entering the bottom end of a long-term Descending Triangle. My target for this formation to complete is end of Jan., beginning of Feb. If BTC heads up, it will need a bit of follow-through volume and it is off to the races. If it heads down, the pain train will begin. Thoughts? Where are we headed?
Strong buying opportunity for Myriad, as it has been trading very technically strong. Bouncing off of dollar support at .018. Could see a reversal here and also follow through if volume follows.
After the recent cryptocrash, $XMY has had a very impressive recovery and is now forming a triangle below ATHs. Watch and see what it does.
$XMY has been leading the cryptorally over the past two days, about 70% off of lows. As markets take a moment to gather, it's time for Myriad to prove its strength and continue to push forward. Clear eyes. Full bags. Can't LOSE!
After a bloody day in Cryptomarkets, I took the opportunity to increase my position in XMY. This is my favorite coin on the market, with increased marketing and exposure this will rocket. XMY is at the bottom of the downtrend, with a bottom at about 160sats. May be a good opportunity to add some more if you are interested in mooning!
Segwit is being activated for Myriad today with a great ascending triangle pattern! Very bullish on chart and prospect for this coin!
Pullback in Crypto markets with FUD from Korea. XMY went into a solid range where it has been trading for a few days, SegWit activation is scheduled to go live this weekend. Could be the rocket needed to get WELL out of this range and higher.
With the rise in altcoins, XMY took the opportunity to find a new base higher. Community growth and additional exchanges will push this much higher. I will be picking up some more shares at this level.
XVG broke out of channel and could rocket with impending news...
Keep your charts simple and trade smart. XVG broke out of a downtrend and now is range bound/trading sideways. Follow a game plan and trade wisely. Set your alerts for opportunities.
XMY headed to a previous breakout area, looks like some support has shown itself here. Going to increase position and hodl.