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Kraken

My resistance levels if Ripple continues its breakoutThere is no bullish pattern confirmation, nor supper bullish volume movement... But, there is a rapid moving RSI, increasing positive volume and an big breakout in its bearish triangle to the upside. You can see how I confirmed that by my previous idea: However there can be more volume. I don't think it will get loads of attention now immediately, but it will come. In my eyes it is very healthy to have a correction towards 0.252 but anything much below that with a weekly close will call a fakeout imo. Also on daily chart the 50EMA is very close to crossing the 200EMA... My updates such as entries and targets come on my other idea as mentioned.
by jonathanvn
Kraken DASHUSD chart eyeing goldencross by tomorrow! Target=$220Haven't checked dashusd on other exchanges yet for confluence but on the Kraken exchange it looks ready to blow! *not financial advice* . We see here a symmetrical triangle in an uptrend attached to a flag pole= bullish pennant. If it reaches the pennants breakout target we are looking at a target of around 200-220, if it only reaches the triangles target it will be considerably lower but with the inevitable impending golden cross I anticipate it will reach the full breakout target.
KRAKEN:DASHUSDLong
by DrDovetail
(I'm a newbie) Analysis of LTC EUR - Kraken - Renko - DailyJust learning and sharing so I can get some constructive feedback on what I am seeing and what I am not seeing in my chart analysis. If you think I am insane, that's cool. Just be sure to tell me why so I can learn :) I am doing my best to keep things simple and follow solid trends and retracements keeping trading/market psychology in mind. I made this analysis using Renko bars to get stronger trends on average price action. I used the green time span circles to get an idea of how the price action moves the market along and better understand where I might be able to find buy-in and take profit points. On the main chart, I pulled the time cycle from the beginning of the first large wave to the centre of the peak to get my estimated time frame for when I can expect the peak of the following wave. In the RSI, I pulled a fib retracement from the all time high in the RSI around the beginning of 2018. This showed me that all subsequent peaks in the RSI "uptraces" to the .5 on the fib. On the most recent wave in the RSI, I pulled a fib from the peak to the newly formed low - this showed me a that all previous peaks lined up with the .618. Using the time cycles tool, I identified that the predicted peak I created on the chart lined up exactly with the predicted peak on the RSI.
Long
by dbs2020
BAT in Symmetrical triangle, Could reach new ATH!BAT is currently trading in a symmetrical triangle on Kraken which is very clear on 4H chart. BAT recently followed other coins with an uptrend and BAT has alot of positive volume compared to negative volume. 13EMA is also very well tested. This is nice opportunity to trade with buying on support in the triangle. If it breaks it's previous all time highs which is around €0,25 it could very well reach much higher. Previous high was tested around 3 times but very weak. What also is very clear to see it that it could be a double bottom pattern as seen on 1D and 1W chart. Since it opened very recently before the first bottom it isn't a very secure and reliable pattern.
Long
by jonathanvn
DASH still mainly bearish + Key resistance targetsI noticed that DASH recently broke through one of its main resistance trendlines (diagonal one) and retested it kinda but not strongly yet. Also if you can see volume is increasing and it's mostly the upward movements that are made by lots of volume (seen on lower timeframes). Still however the volume is currently in bearish triangle pattern and will need to be pushed through. Keypoints of this analysis There hasn't been this much volume in 1D since 1 of april '19. ATL on Kraken was recently hit. (34EURO) 314EURO is the biggest resistance target to watch out for Volume is still in downtrend There's also alot of longterm resistance between 62-79EURO Weekly timeframe also shows DASH is quit underbought, also the convergence line on the MACD indicator crossed the divergence line with a bit of velocity and shows since first in longtime positive movement. (not on chart) It's too early to say that the bulls are coming back but if they do so, they will have a very hard time breaking through...
by jonathanvn
Cardano on it's way to break through big resistance! Bullish!Cardano is currently at a level which has relatively large resistance. I think the bulls are going to take over soon. If this happens the uptrend could be huge. Very cryptos are showing similar moves in similar patterns currently. If you look at CHAINLINK, it has the same pattern and broke trough. Also DASH and LITECOIN already broke trough such similar pattern. This is GREAT to put a stoploss above the current channel.
Long
by jonathanvn
Bitcoin to stay above 7000 EUR till 28-30 octBitcoin is currently hanging around a resistance trendline. I think it will struggle to hold above it. If it breaks the resistance it will get stopped at around 7660EUR. If it breaks the 7660EUR target it is not yet in a new bullish run. As seen on the 1D chart and 3D chart there's a much stronger resistance trendline waiting to get tested. There's a nice opportunity to go short at 7960EUR. If it breaks the 7960EUR and holds it with nice volume it could sign into a new bullrun. What is more likely is that 7050EUR gets tested and may have one jump from it. Volume is slowly lowering and the bulls are slowly dissapearing. probability to 7050EUR around 70% probability to test 7650EUR around 30% probability to test 7960EUR around 15%
by jonathanvn