Hello, my good people! I believe that NANO is looking for a profitable opportunity so I'm preparing for that movement. I don't see a lot of signs that the downward movement is coming to a stop, but it feels like we are close to the ground level now. We will see!
I have been bad about publishing my charts. But I suppose posting the larger ones would be okay as they take longer to change. This is a daily chart showing: - trendlines in black showing potential channel and old trendlines - trendlines in ROYGBIV colored to show most current trendlines - volume profiles showing POC for different areas - a fib speedfan from...
the detail is shown on the above Idea. this Idea is in Continuation of my Confirmed Previous Idea. this Idea is a closer view of my Previous Review Idea.
another View from my Idea in Feb 16
Hello friends, Bitcoin did end up unsurprisingly falling about to our $7250 target which is a 30% drop outlined in last analysis here: According to that now would be the most optimum buy opportunity long term. All I would like to point out with this chart, is where I see some of the fibonacci fractals, well we did respect one as we fell. I'm not going to sit...
Im looking at the oil chart and I am seeing some decent gains today. There is a lot going on in the middle east so many different factors could be the reason for the rise. I am really more impressed with how well the speed fan is working. I used to use the speed fan much more than I do now. I still think they are great but many times when I have multiple...
Refer to main analysis
First of all, this is an EXERCICE and it's not financial advice! Having said that, this is what I'm waiting to happen (more or less, of course! Actually, that fractal fit's quite nicely with the projected Speed Fan levels and I wouldn't be surprised to see it happen... On this one, I've tried to "simplify" the TA as much as I could leaving only in highlight...
DGD is a coin that has designated itself as the stable coin of the crypto world, its use similar to precious metals in a bear market. Viewing the chart on the 6 hour chart, we can see through VPVR that there is good support around the high .020s region, protecting DGDBTC from breaking out of its trend channel. However, what's also seen is its resistance levels...
Super short term trade! Would not recommend. Mainly doing this for future documentation. Coins that are being bought for a fundamental reason (see $ICX, $VEN, $NEO) are able to do what other coins can't, and that is hit 80 RSI with ridiculous breakout continuation patterns. The fundamental reason for ETC is the airdrop (and the fact that it has one of the highest...
Note: this idea is extremely time constrained and may be irrelevant by time you read it. 1 hour just closed with a doji candlestick! We still have time to play alts as long as BTC is carefully watched. + Closed right on the 38.20% retracement (peak is drawn from $11185.10) + Jumped speed resistance fans like it was made for puppies + BTC can definitely...
To note: no long term channel has been established yet due to how new this coin is, meaning that there is risk involved dealing with it; akin to investing in a startup company. However, fundamentally ICX stands above most other new alt coins due to the sheer amount of partnerships they have. MACD and RSI are looking alright and ICX is undervalued due to BTC value...
We're going to hit the fib line and RSI is at 70. I am expecting a few hundred dollars dip before it resumes. Then I believe it will dump a >$500 at $12,000. Not sure if it would break the speed resistance fan line, but it can rest on the next price trend line like it has done when we hit $9,000. Overlay shows either shorts increasing or longs have been...
Predictions for short term (1-7days): 9000-11500 Drop: $9700 - $9800 - $10050 - $10300 - $10500 High volatility possible in lower 9k region if we go there, 8k lowest if something crazy happens, ex. extreme bullrun Based on Vol Profile and retracements. Up: $10900 - $11500 Barring a huge dump, I believe we will continue to consolidate in the $10,000s region....
Tools used: Fibonacci retracement/speed fan/channel RSI: val. 14 on the left, 28 on the right It's a rather shallow cup but interesting to watch how it plays out anyways. Entry: about now, or when the value goes past the cup (right when it breaks out to be safe). It will be considered a failed cnh formation if we hit more than 50% retracement on the cup. Exit:...
Faster EMAs are about the cross over the 55EMA. RSI and MACD looking bearish yet still holding within trend lines indicating consolidation. Passed through the Fibonacci retracements and speed fan lines like a breeze.
Steady growth for NEO over past 2 weeks. Yesterday was first it fell out of line and snapped back pretty rapidly. No moon in forseable future, but consistent gains against BTC. *looking to get into chat. Please agree to help with reputation. I'm awesome-ish.
Target 1: intersection of 38.2 bull and 50 bear fib rays. Target 2: intersection of the 50 bull and 50 bear fib rays.