The dotted line shows the long term upward trend that NEO exhibits. After each breakout there has been a large correction that usually lasts several weeks before finding a steady price. After weeks to months of stability, TA suggests that the next breakout is inevitable. TA currently points to sometime mid-October for NEOs next breakout, but fundamentals could...
Monoco is in consolidation mode. With the latest consolidation monoco has to make a is decision whether to break out or break down. Clearly after a good recover period and consolidation period is will chose to break out. Its a buy right now
Fibonacci Extension from previous 2 lows to previous ATH confirms consolidated support at ~14.100 with next support/resistance at ~14.500. Next leg up takes us to ~15.000 psychological resistance and fib extension with final bull-run resistance at ~15.700. The Brazilian markets have a tendency to play catch up, and when they do, they usually overshoot targets in...
LTC is getting ready to make another extension. You can enter now at market price and 5%-12% increase in price from here I believe. We def will have a little resistance at the 124k sat level though.
Litecoin had been pumped and failed to stay at 56 level. but 50 level support is quite strong, we can find possible flag pattern now. 48~50 level is buying zone. stop loss at 46. Take Profit Target 1 is 60 USD Target 2 is 70 USD
It is true that GAME was overbought and that is the reason for the big dip. However with BitBay opening up in India and adding Gamecredits, the chance of GAME breaking out is on the high side. It is quite possible for gamecredits to reach a new ATH until end of the year.
NEO forming two text book triangle formations. Coupled with BTCs most recent pump ending, it could be NEO's turn. Possible triple bottom inside of smaller triangle as well. RSI is all but floored, looks good.
ADX LONG Currently trading at the coin floors.
if price will get out from line support we see first tirget.
On a slight pullback within the forming bullish triangle pattern, it's a perfect time for a long entry. Since whe are in no mans land price wize and thus already broke previous resistance, I used fib extensions to determine profit taking targets.
Elliot Wave 1 looks to have completed, if the price slightly dips to the .618 fib retracement of wave 1 then I am looking at the target of wave 3 around fib extension 1 - 1.272 of waves 1-2 . However this COULD be a reversal if we see the price dip below the .618 level. Be careful.
Posting some technical analysis as I see the markets about to take off and want to share my thoughts. Bytecoin panic is over and now I see a bounce at the .786 Fibonacci divergence on the RSI now waiting for the breakout in descending resistance.
I Think Short But This is Just My Prediction ,Decision is Yours... Good Luck !!!
NXT looking bullish I got in at 5100 should go 6000+
LSKBTC looks to hit 17000 + tonight or tomorrow + I got in at 1100 try and catch the drop aroud 128
Huge Buy-Walls on this coin today. Its been oversold for a while so I believe this downtrend will be reversing soon.