I am seeing a bearish M-pattern in the latest spikes of BQX/BTC. This could mean a possible downtrend in the short term. Besides that, I can see a possible breakdown line at around 0.00033850 BTC. As you can see the volume is still very high, so that's not a good breakout sign either. Furthermore, it has had its natural correction, but BQX still hasn't retraced to...
= ELEMONT FX = Analysis: - Bitquence is correcting further down after breaking below support - We expect price to continue retracing towards the major support level (blue zone, 31,000 – 33,000) - Here we will be looking for the oscillator to turn upwards and a bullish reversal pattern - This would confirm the uptrend is still in play - Break of 42,000 resistance...
We can see that both targets were hit during my last signal on bqx, we're resting at support one more time. From the circled candle wicks we can see that sellers fail to close below the line. We can use this as our entry point and aim for the green target lines. Closing below the line would mean cutting losses. ----- This will be added onto my Tradingview...
= ELEMONT FX = Analysis: - Bitquence has found support (between 61.8% - 78.6% fibs) after a previous breakout - Reversal trade using fibs as resistance levels - We expect price to retest key points of its breakout and then either confirm a continuation higher or lower - If price closes below support, we expect further short-term downside Reversal Targets 1....
Bitquence starting to look strong after breaking above the downtrend trendline and rejecting the 127.2% Fibonacci support level at 32k satoshis. Price continues to produce higher highs and higher lows while rejecting the uptrend trendline. All-in-all current price action suggests the continuation of the uptrend. The upside target is seen at 90k satoshis,...
With the descending triangle already broken , resistance lies at 41,974 Satoshi ($3.79) . Breakout within the next ten days. Not to mention a massive volume spike ; highest since initial pump. Target prices taken from width of ascending triangle: First Target - 31.8% Second Target - 63.6% Third Target - 95.4% Fourth Target - 127.2%
Bullish from this level. Bounce off the 200ma and still on trend line. holding well above 78.6% fibs.
Trend line as support. This might be the bottom. #BQX $BQX
#BQX #Ethos beautiful Cup and Handle pattern.Nice R:R setup
#BQX #ETHOS #BQXBTC look so sexy here. UW comming soon!
Ethos is on his support level between 33500-34500. The indicators are very good for bounce here. If not the next possible level seems to be between 32500-33200. My personaly target is ~44000 *this is not financial advice, only my opinion
Posting this one up but haven't entered yet. Ethos updates on Twitter have been pretty active. Another potential descending broadening wedge (Can you tell I like these yet?). Possible cup and handle, but the cup is pretty ugly to be honest. Regardless, I set a target as if it were one between the black FIBS (pulled from the daily chart) at .5 and .618. I would...
Reason to BUY using a STOP-LIMIT order on a confirmed breakout of consolidation zone: Valid break-out pattern with a clear consolidation zone Consolidation occurring at the upper trend line of the larger break out pattern Smaller time frame break outs have reached target = trend continuation High return on investment (60%) with 9:1 risk/reward Enjoy....
www.google.hr Symmetrical triangle. Breakout gonna happen very soon. Universal wallet coming soon too !
It looks like BQX is forming a rounding bottom with two possible trending scenarios. L1 I believe is more aggressive and less likely however L2 seems more realistic. It looks like we are at the bottom of the curve and its a long term hold, possibly 3-4 weeks. I am bullish with this coin because the RSI on 1 day is above 60 and the volume is also high,...
Ethos token has reached an all-time high, hitting 90k satoshis and the correction down followed and continued within the falling wedge pattern. Price went down to 31k satoshis, which has resulted in a 65% decline over the Bitcoin. BQX/BTC found the support at 127.2% Fibonacci retracement level applied to the November 2017 corrective wave down. After hitting the...