OmiseGO is entering a buy zone. Watch the ascending triangle and volume for potential entry. It also has a little bit of a "cup" pattern. The 0.618 retracement is around 20K satoshi, so this is an important level to watch if you buy on the 17K break. A soft rejection here should be expected, but a sharp rejection would signal the major bearish trend is still in...
Its been a fun run with BITTREX:SNTBTC but the consolidation has been trying for some especially when other altcoins are suddenly rallying. It is unclear where SNT want to go as volume has been declining since the initial rally. Despite this, it is possible that that the real rally has just begun with the new of SNT joining the Enterprise Ethereum Alliance...
clustering of signals in red circle, pot. 5 - 0 pattern
USDCHF 15 minute is set up for triangle breakout up or down. Wait for close beyond triangle and last bar high (long) or low (short). Support and Short TP is July 26th high. Resistance and Long TP is July 27th high. Ideally also wait for breakout of bollinger band.
Potential bull flag forming. This is my favorite setup. Go long when(e) starts to rebound up, and set your stop at the bottom of the rebound. (e wave doesnt always hit exact trend line) Buy more when there is a breakout from the top trend line, and move stop to the top trend line. Target $23-$25. Also, zooming out at the weekly/monthly chart, this has the...
From my perspective, we're out of the triangle. I'm aware that Chinese prices look very different, but the price curve is pointed up instead of sideways on increasingly large time scales. There was a clear break-out with a higher high which re-tested the top of the triangle and bounced upwards to new 60-day highs. I think this is it; the next step is parabolic :)
Following the sideways action of BTC in the last few days, we have found some critical support levels and most traders are unsure of what to do. I think we are in a descending triangle which is not bull or bear, but sideways. Any break out of this triangle could mean a huge buy or sell off.