BTCUSDT formed a H&S pattern, Left shoulder completes around 6k. Also H&S will lead to a bearish mode . Yesterday monthly candle closed in red and overall big picture shows further bear sign.
BTC always bounces when it hits middle band of Bollinger bands and it is in an ascending wedge.
Sudden drop from the all time high recovered very fast, this shows the strong support around 150$ range. Now the recovery wants to retest its lower support ranges around 175 ranges, if the retest around this level succeeds another all time high will be recorded around 235 - 250 dollars on this year end or first month of next year.
We all know BTC in bear market since Jan 2018. It is maintained in a arc channel and it is bouncing between the walls of the channel. Recent surge to near 7000 USD doesn't really mean anything , its just bounced out of the wall. It may or may not test the ATH of the year(near 7K USD) . Look at the any timeframe its overbought. Yes you heard right BTC will...
Current BTC surge helped Insolar to complete its arc formation. When the BTC consolidates Insolar will start another arc Telegram : t.me
BCH trapped in two triangles, A bigger green triangle and a small black triangle. In short term small triangle matters, so it will pump to 543, it is a support turned resistance, so it will drop to 405. telegram : t.me
BCH trapped in a triangle since its inception, RSI shows its trying to get out of the triangle in a month or two. We have to keep in mind that BCH doesn't have any value, its price movement almost entirely depend on BTC. When it broke out of triangle in December 2018 a narrow channel started(showed in dark lines), a possible move can lead to test the wall of...
EVX is oversold in 2 hour chart, so it will recover upto 8%. In long term EVX will test lower support at 13500 - 13000, that means it should test lower RSI levels in 13k range. When it hit this range definitely the EVX team will announce some news to push the the price.
TNB recently pumped 90% it got retraced all the way to its buy zone, it is expected to retest its all time high from 95 sathoshis, that is 82% I recommend a stop limit buy at 110, that means a confirmation for the pump, time required - approx. 20 days
Due to recent Bitcoin surge resulted in panic selling, removing buys. Here MCO stands at trendline support, it is expected to bounce from this support
Xem hit bottom support levels. It may fall till 1440 to complete the triangle then we can see a nice 2X within 20 day.