OmiseGo is setting itself pretty beautifully in order to spurt upwards once the trendline is broken to the upside.The price rise will substantial and will be backed by larger than normal volumes. The signals of a breakout are already in place as the price has fallen but the selling volumes have quite drastically diminished. A look at the major trendline that is...
Ark has broken out of our previous down trend line and we could be headed to 3.28 which is a weekly resistance level. Price could hit that level and stagnate for a bit as its an area of major confluence of the parallel downtrending channel too. A 30% upside is what Ark is in process of completing. "Target :- 3.2844"
Neo seems to be in a potential inverse head and shoulder pattern and seems to be respecting it for the moment. Keep in mind that a downtrend line within the right shoulder has been drawn and this resides within the right shoulder.In order to see the right shoulder play its part that would require a breakout from the downtrend line. A potential target for the IHS...
LiteCoin (LTC) :- Trading within a zone of support and facing resistance everytime it hits the upper downtrend line of the parallel channel. The Downtrend Channel Breakout would signal a move to the previous highs and would confirm a Bull Trend for LTC. A breakdown from the zone of support would mean that we initiate our short positions as we would then be...
Hi Guys Bitcoin is now in a major testing zone.We saw a perfect pin bar pattern on the lower time frame charts and have since moved up but have given up those gains soon too. At the moment a RSI Positive Divergence is taking place and that involves the RSI Falling while Price are not below its previous lows. Keep in mind such a divergence is of benefit only if...
Binance Coin (BNB) :- Broken out of a symmetrical triangle with major volumes and is headed to 16 in order to reach its target over the daily timeframe.
BTC is now taking support at the target price of the falling wedge - That is a MAJORLY bullish sign and we should see a higher high in place once we break out the short term trading range. A flag is now in creation within the short term trading range and the target for which opens up the door to 9285. Upon Breakout/Breakdown from the Trading range you can trade...
Ethereum is within a Major Daily Bear Market Trendline.Untill we see a clear breakout above that Major Trendline - no sizable upmove will be considered Bullish. The 4hr Downtrend line matches with the RSI Downtrendline and seems like we could have a breakout in the next few candles itself. We could head back to test the weekly resistance set up at 594. Trade...
Cardano is trading within the bullish flag at the moment and looks like a sweet support zone is in place near the Major Downtrend Channel. Flag Target is placed at 0.2854 and the target for this pattern gets activated upon the Bullish Flag Breakout. A Higher Low also is currently in formation and a support zone looks like being formed at the downtrend channel...
Bitcoin has taken support at its previous area of demand zone :- 8300. Prices are within a bigger Flag Breakdown Downtrend but have begun forming a Higher High and Possible Higher Low Formation. Target for the Next Leg of up move will be confirmed once we break the higher high and then its a throttle all the way to the Higher High Target of 9985. 9985...
Binance Coin has gotten hammered this year as its fallen all the way from 23 to levels of 8-9. A perfect symmetrical triangle is in place at the moment and an eventual breakout is in place. Time and patience will reward the brave.
ARK - One of the most fascinating cryptos out there for 2018.Great Team + Great Project + REAL WORK. Ark is trading within a downtrending channel for the moment and looks like we could stagnate for quite some time before we get a pop back to 10$ regions. I see us from Daily Support of 2.5 all the way up to 3.2844 for the moment. Time based Movements to Weed out...
Bitcoin is coming closer and closer to its support region at 7k.An extremely important moving average coupled with previous swing support zones will act as a major area of price holding up. A very good indication to this pump up at 7-7.2k comes in as we can clearly see fall in selling volumes.A price pump with major volumes is gonna be expected. A fall in...
BINANCE:ADAUSD Cardano has been hammered in the past during the current bear market, but this is now become a really enticing price to pick up some amount of ADA. Cardano has traded within the Downtrending Parallel Channel as seen within the above mentioned chart. A support zone is now placed at 0.118. A move to 0.20 can be witnessed if price increase has...
Bitcoin Gold is facing a major resistance closer to the pink Moving Average.Looking closely the volumes signify a major change in trend from just the volume perspective.A Zone of Accumulation has been created and now looks set to have created a major floor. Keep and eye out for the levels near 55 as they can tell a lot about the future of this crypto.
Ether Classic :- Price has come near previous support zones suggesting a quick jump in price is in the making. Price having fallen from levels above 40 all the way to current market price has been coupled with a major and sustained volume reduction .This results in me being extremely bullish for the future of Ether Classic. Stay tuned to my channel for...
DASH has been in a major bear market all through out the start of 2018.I have a bear market trendline in place which has acted as major resistance. At the moment the price is entering the support zones of major 2016 PRE - BULL MARKET levels. Remember a straight line fall is always coupled with a straight line increase most of the time in a faster way on the...
Bitcoin Gold is one of the most strongly beaten down cryptos in the current market mayhem.The downtrend channel has acted as major resistance and will continue to do so up until price breaks out of with a solid Volume Candle I am looking at retesting of previous highs in 2018 peak of summer regions.A Bold call to make considering that it is a long shot from...