Coin has been on an upward trend with a relatively small market cap.
Strong support is shown by the upward trend line.
On 2 hour charts,an ascending triangle pattern is formed, signalling a buy as this may breakout soon.
1 - 4 hour charts all show similar pattern.
As there is a small market cap, the rally may be strong and give a great gains .
we are confirmed in uptrend on 12 june 2017 ..but we have a strong daily resistance at 148.100 which the price can't break it since 16 dec 2016 ... and also the pair make higher lows which confirmed ascending triangle which make us think that we are going long on the long term but before that .. we see on 4 h chart a double top pattern which make the pair going...
After falling down in a channel, ZCash managed to break out. Since then we can see an ascending triangle forming - a bullish sign.
Volatility is getting lower and we could expect a final attempt to break through the resistance level.
Stochastic RSI supports our expected next move back to the trend line before the end of the pattern.
After breaking 222 ...
Blocknet has been consolidating in an ascending triangle for quite long and is due for a break upward very soon. A c&h has been made in the upper part of the triangle, so imminent breakout is probable.
simple pattern, simple target.
Target: 0.00645
SL: 0.0038
$GBPJPY D1 Long opportunity.
Price rejected at trend line (must wait 2h 30 min till candle close), and ultimate oscillator shows hidden bullish divergence.
This is high probability to set a pending order after 2h30min.
R:R on this trade is 1 : 2.43
Entry - 143.439
Stop loss - 141.867
Take profit - 147.264
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Alright so my previous two analysis on this pair has been incorrect. I was feeling bearish but price was following structure by bouncing of a mayor...
EURGBP broke above of the ascending triangle. As price has consolidate we have formed a triangle. The question is with EURGBP rally again from here or retrace. This is not a trade op just an obseration.
I think price met trend line and resistance level, expecting price to go up to the next resistance, for long term i am expecting price to break ascending triangle.
COINBASE:BTCUSD
On August 1st, the Bitcoin community will be deciding on the future of Bitcoin. Since there is a likely chance that a hard-fork will occur, I will attempt to go through what may happen based on what happened to Ethereum when it hard-forked into Ethereum and Ethereum classic. This analysis will be based primarily on fundamentals and what happened...
