AllenPerez

AllenPerez

XVG is forming a Descending Wedge after its recent decline in price! This tells us that we should buy now! Descending Wedge usually forms when the price can not decline further or the sellers are exhausted (for now), and the momentum is not enough to make the price cheaper. BUY: Price Range at the bottom of the wedge. CUT LOSS: If a candlestick closes below the...

AllenPerez Updated 

ONT/BTC is forming another bullish pattern. ONT formed a Bullish Flag lately and broke upwards, now it is forming a Bullish Pennant! Buy Range: Any price inside the pennant. Stop Loss: If the price closes below the pennant drawn on my chart or it closes below the yellow line. Another approach you can do is to wait for the price to break upwards of the pennant....

AllenPerez Updated 

Possible to earn around 45++% on MTL now! As you can see, MTL recently spiked up, and plummeted down to around 0.000489. This is a strong support @ 0.000489, and I can see it holding because historically this price point is where the price always bounce off, I have pointed a few recent instances. As Bitcoin slowly recovers from its losses, we can see the same on...

AllenPerez Updated 

TNB is on its 4th Elliott Wave. Resistance is @ around 0.00001161 (Pink Broken Line). In my opinion, it is a major resistance level , evidence of this is the part of the chart encircled in yellow. It shows that price has a hard time crossing this level in the past. We can expect the price to bounce back and start forming the 5th Elliott Wave at this price...

AllenPerez

Chikou Span (pink line) just went above the cloud. - Bullish Signal Price is above the Kijun-sen (blue line) and also above the cloud, a bullish area. - Bullish Signal Tenkan-sen (green line) and Kijun-sen (blue line) crossed. - Bullish Signal Senkou Span A and B (orange and teal line) crossed. - Bullish Signal Note: RSI is a bit high in 1 HR Chart. Maybe wait...