ARK under bought right now (RSI), should go back into its support channel and bust through the retrace of the recent fib and onto the directional and gann fan pattern to the psychological .0005 barrier. A MACD flip in the next couple of hours will send it higher.
After having 93 days of downtrend, Ripple is gearing up for a strong reversal! All the oscillators on the daily interval are currently at the oversold area and the daily price is about to cross into a new level. Add to this the fact that the daily volume has been above SMA20 for the past week. This could potentially be the bottom for XRP.
The cryptocurrency Neo (formerly known as AntShares) has given a lot of talk lately. There is too much hype around the "China Ethereum", but I think it's time to correct.
Volume is decreasing on SHS pattern.
Target should be around 0.08-0.095 zone.
Note: Trade at your own risk, this is an especulation.
So far NEO is perfectly following the Elliot Wave pattern and could potentially form an H&S along the way. Chances are high as MACD and RSI also indicating a down trend.
Possibilities of Bitcoin to go while this SegWit event occcurs.
Read the full article at: bitcoin.org
Note: Trade at your own risk, this is an especulation
I have been holding ETC for quite some time now and never really made profit with it. It's mainly used as hedge for ETH and pumps occasionally on news of new exchanges adding it and dumps shortly after. The Emrald wallet doesn't seem to be releasing any time soon. I think it's because ETC has a small community of devs developing it. Since momentum is at its low...
ETH has formed a Bullish Gartley, and has had a stoch rsi crossover on the 1h.
I expect ETH to peak around point C (245) and then start correction wave ABC down to around 140.
LTCUSD is coming up to a critical moment in its recent trend, we're getting close to the angle where the most recent bounce happened that put us to the top of the channel (a descending wedge) for LTCUSD. I'm looking to see if support around 42-44 is strong enough to bring us back up to the top of the channel or if it will be shattered where I will be expecting...
Analyzing the daily bitcoin chart we can see that our price is trending pretty nicely. Although it is hard to give merit to trends in Crypto, we can make some educated forecasts here.
We can see that our stochastic at low threshold, which sets the stage for a potential uptrend, we can also see that previously we saw some large gains at the 0.5 Fibb retracement in...
Watching here closely, for LTC to break through resistance and out of a wedge. 42 low end range of last purchase worked out well, at this point I wouldn't recommend chasing the chikun as it were, but wait for confirmation of breakouts on the wedge. I like LTCUSD at 48 by the end of the day.
