Curious about what everyone thinks about this as well as my analysis... After predicting the potential for a breakout, looking into indicators to try and get a sense for the direction as the wedge is rather a toss-up: RSI Showing very low on the 4hr, and Daily nearing a 50-cross... this tells me it looks like an upward break, which will bounce the daily...
After a serious decline in their prices last days, ADX is recovering. When we take a look at the daily chart (not shown here) signs for a bullish market are there. MACD is close to a golden cross and also the CCI indicates a bullish signal. Meaning that the big players are preparing to bring the ADX price back to a higher level. When we have a look at the 4h...
Neblio announced today they will be releasing a web wallet in the next few days (no exact release date) to interact with the new NTP1 protocol they published just 10 days ago. We saw an immediate spike in volume after the announcement and the buy book is stacking up on Binance. Neblio is primed to be one of the top performers in the crypto space in 2018. For what...
We are looking at day chart. Ripple has now completed 1 and 2 elliot waves. Next target could be at 3.8$ and final target at 4.8$. We could reach 3.8$ in ~35 days and 4.8$ in 60 days. After completing wave 3 Ripple should hold at 3.2$ for new high which could be at 4.8$ This is not financial advice. Feedback and comments are greatly appreciated.
Waiting to see which direction Neblio will break here. I'm leaning towards bearish so I'm not involved in this trade, but if it breaks to the upside I will take a position.
You can't keep a good crypto down. A good entry on this trade would be around 95 cents on the breakout, with a six week target of $4.00. Or just hold.
Been getting some request for TA on gold (personally I hold silver due to the fact that it moves more % gains ) Elliott waves the US dollar is whats loosing value here
AMP is looking to repeat history as it rallies upward. Look to buy in at around 7300 sat's and a break at the 23.6 fib. Watch for major resistance as it approach the trend line. If that can be broken I would look to take profit around 17400 sat's. The reason I would exit the trade at this point is due to the fact the last peak was 36% lower and if that is the...
QSP Is currently in Descending Regression mode, Completely range bound. A break above 0.00004480 is very bullish for QSP for further gains. In case it does not pick buying momentum than we can easily see the price going back towards the 50%-61.2% correction before it goes back up. If you are not in the trade already than I would recommend to wait and see which...
One of my all time favorite Indexes to trade in. Ibex has been very under pressure due to Spain's economy not performing as rest of the major European countries. However it still closed around 14% YTD last year. Ibex has been range bound for the last couple of months and has been on a constant descending pattern. It has not showing strong recovery over the last...
We see here a symmetrical triangle pattern after an uptrend. It can either break it upwards and go bullish or break it downwards and go bearish. I made an analysis supposing that it will go bullish. After the C wave, it may go up to 1:1 with the A wave to the 1 Fib Point. If it rises up as the difference of the triangle it comes in the zone between 0.786 and...
Don't buy green bars just because you think its going to pump. Entry at that arrow would not have reached the TP 50 points up. Market reversed back down to support
I don't know why, this is just what I think could happen.
A very short term technical analysis on the XVG/BTC pair. It looks like wave 2 is just ending and we should see an up line trend any minute now as wave 3 takes place. Elliot Waves are showing a possible short term target at around $0.50 and a Midterm target of $0.75
The correction for $ZCL continues, as the price hit a low of 1.14m satoshi today (11% drop in price), although it appears that many "bought the dip," as can be seen by the buying volume spike at the dip. The 200 SMA acted as a support during this drop, and I expect there to be further consolidation pending further news on the $BTCP fork. RSI is around 35,...
Your may try to play short while the market is slowly gaining traction to go up. I believe it will be valid until the bar is breached due to high buy or high sell. Any comment welcomed.
All That Stands in BTC way right now is a few minor resistance , which with the increase in volume will eventually Fall . Previous ATH will be the hardest to break but with the way that we have been going it will get the push needed