Hey Guys, I just charted this, let me know what you think. We were sitting at the bottom of the fib retracement a few days ago and had a some large pick ups. From the previously established trend line in the first break out and break down. we can see that CVC sat right on top of the support for a while. It tried to break out a few times as you can see from the...
Bitcoin has broken the uptrend. I calculated some targets to the downside. First support will be around $5100. I expect bitcoin to go lower.. till $4590. Why do I expect this fall and how will it go? This was wave 5 of the daily uptrend. Now we will see an abc correction. So one wave down, then one up, and one final wave down.
Stellar Lumens made a break out again after the correction. We should see 0,06 soon again.
First off, sorry for all the trendlines. I like using them to find out what the pattern a chart is expressing. Here are a few things. The purple boxes are the major consolidation areas before or after a move. With the trend looking and BTC going sideways, we should be seeing KMD start accumulation phase again and consolidate side ways into the blue and purple...
If you take a look into a chart in a longer perspective, you'll see we're in the beginning of third phase of rocketing the BTC. History shows that couple of weeks before the top we're seeing one tryout (which already happened last week with ~5900), step back into 5300 in order to refuel (lasting for around 7 days) and one nice rising trend straight to another...
Hey Guys, We are forecasting an amazing buying point in new before it makes a run for the new ATH. We did see a small upward spike during the hyped RED Pulse ICO, following which it heavily crashed more than 15-20%. It's not advisable to have any open positions now and wait for it to be in the range (A), which will be the best buying opportunity. Happy Trading :)
OMG coin has been consolidating on the hourly for a day. this 10.50 level is key. if we break and hold this has potential especially with NEO going BONKERS.
NXC is getting ready for it's 5th wave for a big 50+% move
FACTOM shows momentum, with good volume, half way RSI, and inverse head and shoulder. Enter a pull back in a lower time frame. Target as described. GL!
Some great news arrived for $MTL. Price spikes up and we could see another leg up soon. Before entering wait for a retrace on 0.5 or 0.682 fib level, i.e. 225-230k sat. If the price doesn't drop below we could hit 260k.
Hey Guys, It's a good opportunity to go Long on OMG at this point as we get RSI, MACD and Trendline confirmation. This rally will be really short and its advisable to close the position with around 5% profit. Do follow me for regular updates. Happy Trading.
$TRIG is moving upward in a symmetrical triangle formed after the breakout supported by bullish ichimoku cloud and oversold stoch RSI on 30 min chart. In case of another breakout in the highlighted zone, targets are 1. short 42000 sat; 2. mid 50000 sat; 3. long 65000 sat.
BTS has been forming Dojis rejecting lower prices and indicating a potential trend reversal. It also appears to be developing the second leg of a bullish double bottom. Watch out for volume building and enter at a lower time frame. Best of luck to all!
ARDOR with double bottom, nice ascending RSI signal, and good volume. Targets as described. GL!
Once volume comes this projects going to seem ridiculously under priced at the time of this post. LBRY is easily one of the more likely and fundamentally strong projects being developed. Try is out, lbry.io ( freedom of content ) Too much $$$ to be made.
Very strong recovery compared to the BTC and ETH. The correlation is strongest with ETH but there is much more resistance on the ask for the bulls to work through in ETH. Bulls are quicker to buy the dip in LTC than other names after coming off that huge run towards $100 recently. Loss of hourly higher lows is a big red flag but the bulls are currently...