VEN is sitting just under 20 RSI on the daily. The chart is pretty bearish and there is no support until 9k satoshis. I believe that we will slowly trend up due to a buy the rumor sell the news event with the $BTC ETF. I place the horizontal resistance levels at 35k sats and 40k sats. This is where I would plan on placing my exits in this bounce.
Hello Lads and Ladies,
As it was requested today, I will be looking into FUNBTC. There were talks about a possible Cup and Handle forming, so lets take a look at it.
In the last few days FUNBTC has been taking some very nice gains and has bounced from the bottom support to the 38.2% fibs line and has even touched the 50%.
Now the question would be if this can ...
Keep it simple!
I've labeled a soon to be buy zone area, as we approach what could be your big day! Or not!
We have some sell signals, but has been that way since the rise years ago.
We have momentum change occurring on the 4 hour, which still could see a slight sell into my bounce area.
Amazon has not seen a wall yet, so I created one for him. I know right! ...
We will start off with the already many times charted and traded 4h chart and then increase up until the monthly, to get a general understanding of what is happening with NEOBTC.
I personally thought that it will be an easy chart but here I am again charting at 2am.
Alright, what we see here is first of all the big blue dotted downtrend line. NEOBTC was ...
My coin of the day is REP (augur.) Buying in simply based on previous patterns/price action. MACD and RSI are less than desirable but oh well. Volume/Price action look decent enough to bring it near the top of the channel again. My target is more conservative than that, as you can see.
I grinded a new but similar pattern in BTC/USD and agin, it seems like an event is upcoming. Which could peak sunday this weekend to 8500 USD for bitcoin
My target for this current bull run is somewhere in the 7000-7500 range, over the next couple of weeks. However unless massive vol shows up then, the bulls will most likely gas out again and we will continue to head back down to 5000 for a retest of the high of Aug 2017. I expect a stronger bounce then, and hopefully we get one, because 3000 is the next strongest ...
While walking risk-wise on razor thin ice the "S&P 500" confirmed on Monday, July 2 that the low it made on Thursday, June 28 is the new support. Therefore the market is soon going to test where the price resistance above is. I think this price area might be between 2755-2760 (or higher). I wanted to share this idea before today's open, but ran out of time. At ...
Keep it simple.
Let me start out by saying I do not like this chart, or the data provided with it for the past 2 years. The bottom is not exactly seen yet confirmed.
Assuming we found the bottom, we could have a short bounce play here. Ive labled the sell zone accordingly.
I see buy signals, momentum swing bullish, and a end of wedge pattern forming.
Theres ...
First of all, I'm in love with this chart, not like a friend, but like a secret admirer whilst in high school going thru my hormonal changes. Syndax Pharmaceuticals has consistently shown great loyalty to the bounce when it reaches lower levels, close to or under it's support. This Pharma stock has shown to have great support at about $8.00. SNDX has a couple ...
The price seems to have started to range in the resistance zone, it is struggling to break it as the price has started moving back towards the channel, we could see the price at this point break back into the channel. I think it is much more likely that the price would be able to break the resistance level and move even higher, the USD is having a strong push and ...
The price looks like it is taking a period of consolidation, the price is moving between a range over the last couple of hours, but the RSI is correcting, this could mean that the price is getting ready to fall further. The price did fail to break back above that previously broken support level before falling, we could see further down moves on this pair.
To understand main movement all you need is to find 2-3 basic lines.
1st 11.12.2017 was important date. Do you remember why btc go down to 5400 at that day?:)
2nd Many of you forgot about downtrend line from 20k but it is still exist. It was resist line and it will play as support soon.
3d BTC market cap will go to 100b at about 5800. It is psychological sign, ...
We take a look at TAT and see that the bounce off of the year support level of $1.25 is already in progress. We are looking for it to break $1.50 with volume before we consider a position.
The head and shoulders pattern looks like it would form once again. We have saw a double bottom form at the support level and the price has broken the neckline of the double bottom and looks like the price is now retesting the broken neckline, if this broken resistance now acts as a support level its a great position to enter a long trade. If the price starts to ...
The price has finally broken out this triangle! It looks like the price has taken the option of breaking out then returning back to the broken resistance and then bouncing. The price from here looks to be very bullish, the RSI has positioned itself in a better position to see further bullish moves. Everything at the moment seems to be pointing towards a bullish ...
