Follow up to my 4/25 LTC, which I stated I would be looking for price action to pull back to the $130 level. While it did take a little longer than expected, it did not hit my upper target area has pulled back to my zone drawn on the chart. Adding to positions here, but that just what I'm doing and not advice for anyone. I hope you enjoyed the video; give a...
RCN is a strong coin moreover there is a formed uptrend for about a month. There was a little contraction which is confirmed by bb contraction. Indicators are bullish: Momentum (10), EMA and SMA. Moreover fundamental analysis is also great: RCN launches Ripio engine to bring blockchain and smart contracts to loans. It is a great opportunity to buy this coin at...
Everything looks like in the last runup! The green+red candles, the RSI and the sentiment is changing. Eco system website + Trinity wallet in the next days/weeks. IXI hub until june. Buy opportunity in front of us at arround 1.80 - 1.60 $ in the next days. After that it goes UP :)
Ignis has been added to Bittrex recently and was consolidating for a good run. We analyzed it earlier and said that we will provide a further recommendation when the best time to enter this trade will come. It seems that it is a good moment to buy Ignis as it is ready to bounce from Fib 0.618 support level. Moreover volume is also rising and technical analysis...
We gave the signal yesterday, combination of positive indicators status and bullish patterns started an impulse growth which brought the price to our 3rd target, there is one more impulse left be ready to fix profit. We will provide you with profit report later.
Ascending trend was formed by multiple cup&handle patterns. The third pattern was broken as there was impulse growth which formed bullish flag which was broken down. We found hidden bullish divergence and possibility of bounce from the lower edge of ichi cloud hence a Gartley butterfly pattern will be finished. Technical indicators are also positive
After impulse growth price was consolidating and formed a cup and handle pattern. Currently indicators are positive, the price touched Ichi cloud while it forms strong support zone and at the same moment Stoch RSI is in oversold state. Volume trend line increases. We recommend this coin for the mid term
Yesterday we gave the signal on ADX, and now the trend is confirmed, we earned a little profit already, and expect to have far more in the short term. Trend analysis and technical indicators are positive. There is a BB contraction which may lead to impulse growth according to the retrospective analysis and overall trend, however Ichi cloud is flat and the price...
Technical analysis shows that the coin has cyclical XABCD + Cup&Handle formations. The price is at its bottom and according to ADX, PPO it is going to bounce again soon. However Stoch RSI and MACD signal that there should be a consolidation before bulls run The signal is already in the Premium channel
GBPUSD is looking to give us one more correction before it's move up. Once it retests the trendline look for another buying opportunity. This should be a good trade for next week Tuesday.
There were 5 impulse Elliott waves since the end of March. At this moment a nice Cup&Handle was formed. This bullish pattern is enforced by Ichi Cloud state and rising volume. The price went above of BB, hence uptrend should continue. In order to earn profit accurately follow targets one by one. MACD (12,27), exponential and simple moving averages (10, 20, 30...
Personally, I am very bullish on Stellar on the long term, but due to the bitcoin value that has been decreasing over the past few weeks, Stellar has been decreasing with it. In my opinion, Stellar has 3 major supports, the first one already broke while the other two are still intact. For me, there is a high probability that Stellar will bounce between the 0.782...
Short video highlighting my opinion on XRP. I think .55 cent will get test, whichi aligns with a larger timeframe .886 fib level. Upside, I'm targeting .80-.85 cents with a slight pull back from this area before moving on up. Give a like and leave me a comment with your thoughts. Thanks
In a nutshell, I'm expected LTC to test $150 again before looking to new higher highs. I do think those are just around the corner, but thinking the big money might want to load up a little more on some cheap coin before moving on up. Anyway, I hope you enjoyed, give a like and leave a comment.
My opinion on XRP this afternoon... as the title mentions, I believe there is side downside potential, as I'm not seeing anything that says "to the mood", at least not yet. My expectation is we'll retest the lower .886 month fib (blackline on chart). And when price does start moving the .75 level is the first target area and then $1.00. If you enjoyed,...
So here is my daily update on LTC with my top down analysis on what I think it happening. I've identified two zones that I'm going to be watching for price action to move to, so that i may move forward when my plans for entering the market again (well add to my holdings). I hope you enjoyed the video, give a like and leave a comment with your thoughts.
Sunday afternoon update video. From my last video we see price action has moved down to test the monthly .886 fib retracement, which i had expected. The question as always is where will price being heading next. While we are getting a little bounce at the moment, i do think more downside is likely. Price will likely follow along with BTC for the time being....