We find the Euro in a dual chart pattern.
Ascending Channel and a Symmetrical Triangle.
Price moved from the channel bottom to the channel top.
As price bounced off the channel top it retraced twice to the 38.2% fib.
Price has been held in a consolidating zone for awhile.
Price now has broken bullish above the top triangle trendline.
First take profit is the whole...
BITFINEX:IOTUSD has been doing really great recently, there is quite much of activity around this project and I will mention some of the upcoming events below. BINANCE:IOTAUSD has been in downtrend for a long time, but nothing unexpected since BITFINEX:BTCUSD has been going down.
I watched the run IOTA made from 1 $ till 5,5 $, so let's see how things will develop...
The last few XLM breakouts have occurred after an extended length of consolidation prior to the run, similar consolidation is occurring again along the length of the channel support so this continued development is something to watch. See the charts highlighting the consolidation zones just prior to the previous breakouts in comparison to the current consolidation...
I'm looking at the BCHBTC charts and it's looking like the consolidation period is coming to a close. BCHBTC recently established found resistance at the 0.15 level showing that it was overbought according to the RSI and Stoch RSI shown on the chart. While BCHBTC is not showing that it is oversold on the RSI, it is showing that it's oversold on the Stoch RSI. The...
I wanted to take a look at LSK before the 20th -- when its set to blow up (The 1.0/Rebranding/RE-Release). This will create a lot of hoop-la. I'm rather certain we will see some liftoff before hand, and I imagine the day of we'll see some crazy volatility -- making having the asset in hand great if you're ready to trade quickly.
Right now we can...
Stochastic and structure is bunching up at the top of the Flag/wedge which could be signalling a possible continuation. Bands on TDI are also tight which normally precedes a breakout. A buy stop is put in place.. nothing is sure now but something to watch for.
ETHUSD update: The consolidation breaks from the higher low off of the 1K area and is now in the middle of a resistance zone. If you are long from the lows, this is a time to lock in SOME profit, NOT initiate new positions.
At the moment, the major coin markets BTC, LTC and this one are moving together, just not at the same rate. What you are seeing in this...
We can see here a Bullish falling wedge pattern on the BTCUSD pair. The 3 hour RSI has some more room to Grow, I see Bitcoin attempting to break resistance and fall back one more time. We are getting close to two strong support lines, the first one is holding since September '17.
Sell Range: 11850 - 12400
Buy Range: 8600 - 9400
In case we fall below the buy...
Verge has been up and down over the past few weeks, thanks to bickering between their marketing team and McAfee. It's stabilized around 1000-1100 sats, and seems to be consolidating. 4HR chart indicates a convergence around 1/25. Looking for a bounce off of the 1050 long term support line today. Then we have to break short term resistance.
Should see a slow rise...
LTC experiencing some healthy consolidation around the 0.5 fib level. RSI and MACD so far holding up healthy with Bollinger bands tightening up for a move. I think we could see a move to 280 in the next 24 hours followed by a retest of ATH.
This trade relies on BTC holding steadily upwards/downwards with no drastic movement.
Target 1: 280
is looking bulish after a slight correction! RSI's are all positive.
Cloud exit on 1D, has potential to breakout with this setup!
Compare todays volume to the last run, and this alt looks super cyclical (alt life cycle) and its got huge potential.
MacD shows a promising steady growth from hitting a low for so long.
According to my analysis 200%...