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ETHUSD
Price action pros and cons
Bull Case:
Trading with in rising channel
Holding above 200sma
Holding above 50sma
Consolidating between $155 and $188\
Lack of strong selling pressure
Bear Case:
Difficulty staying above the 20sma
Lack of strong buying pressure
Stoch and AO still have room to move on the downside
Alt coins considerable weaker...
Symbol OKTA
setup cup and handle
Upcoming Earnings Jun 05, 2019 (EST)
Horizontal S&R: yes $87
Channel S&R: yes rising trendline
>20 & 50MA S&R: yes bounced 50ma but never really closed below it
>200MA: yes clear up trend
Volume confirmation: no yes
Candle Confirmation: yes yes. gapped down on earning and finished strong
Stoch Divergence: yes turning up
Reg...
Crypto Weekly Update: (Daily Charts)
Symbol Total Vol Chg (24H) Chg (7D) 20/50/200 Support Resistance .
XRP 2.51% -0.78% 15.39% yes/yes/no $0.32 $0.38
Fighting with 200ma. Stoch and vol weak. Volume and price action look like it just getting a little sympathy pop. If i was long it I would get out. Of all the crypto's I analyzed this week XRP is the...
Crypto Weekly Update: (Daily Charts)
Symbol Total Vol Chg (24H) Chg (7D) 20/50/200 Support Resistence .
ETH 13.18% 2.11% 18.52% yes/yes/yes $145.00 $200.00
Fighting with 200ma and $170. Stoch and vol show signs of weakening. Honestly, a little disappointed by ETH price action. Arp 3 big negative vol / candlestick is worrisome. As long as price stays...
Crypto Weekly Update: (Daily Charts)
Symbol Total Vol Chg (24H) Chg (7D) 20/50/200 Support Resistance .
EOS 4.83% 7.06% 33.89% yes/yes/yes $4.60 $6.80
Though fighting with the top of a rising channel, stoch and volume still bullish. In fact stoch appear to becoming embedded to the upside. However, EOS also currently trading in the middle...
BNB been trending in an upward channel with bounces occurring when stochastic become oversold in conjunction with a fib entrancement. Could another bounce be about to occur? Bottom trend line could provide support, however, oscillator divergence and volume spike could suggest that there is more room to go down.
Real support is closer to $12.4 - $12.00. At this...
While most of the major cryptos are still trading in a range, there are still a few that peaking above the Feb 24 highs. LTC flag out as predicted and continues to move higher. BCH also now playing with the Feb 24 high on volume.
A potential setup could be long break of Feb 24 high (158) on volume with stop at 120 and a target of 239. To improve the risk /...
This week'S 2dMoon game involves the following five coins:
Average True Range Percentage ( 90day )
BTCUSD 2.67%
ETHUSD 5.63%
ETCUSD 5.33%
EOSUSD 7.65%
BNBUSD 11.36%
ATRP is used to measure volatility just as the Average True Range (ATR) indicator is. But ATRP displays the indicator as a percentage, to allow for securities...
XRP has several interesting formations that are worth discussing.
Triangle / double bottom - bullish
-XRP is trading in the triangle apex with growing buying volume.
-One of my favorite patterns is a double bottom with in a larger double bottom with confirmation from Stochastic and Oscillator divergence.
-There is obvious resistance at .38, .46 and .50 with...
Lately several people have noted the wedge formation that has formed over the last couple of months in BTC. The wedge has some positive traits:
1. A tapering of sell volume followed by some large spikes of buying.
2. Formation is fairly clear on both daily (5 touches) and weekly charts.
3. 6000 seems like an obvious level
While on the surface it seems like a...
