Please wait for the daily close on DENT above the resistance trend line.
Once it closes above this confirms a move up is building. But do not buy here. Wait for the recontest down on the trend line, and if possible when the RSI (5) is near 30-35 on the DAILY candle. This also coincides with the current BTC Volatility as it is possible that BTC may experience a...
There is a nasty short set up happening. Overall we are still bearish as it is not crossing 50k.
If it goes above 50k, we have a new set up in play and I will post the new set up.
For now, this is a trap, and we will see a quick drop right now.
If you are entering a trade, I have highlighted the Supports Blue (Strongest), Green (strong). You can buy at these...
MBOX broke the resistance line coming from a while back. We are not in the orange - green accumulation zone, or fib 0.5, 0.382.
First major resistance: $6.5
Major Support: $4.5
Weaker resistance: $7.3
Weaker support: $5
Take a look at this bullish setup. I didn't catch this earlier, but it seems like a good entry.
Multiple bullish reasons:
1) We had the cup and handle - it broke out very nicely and then crashed due to BTC dump, forming a nice accumulation area at this dump.
2) We have an inverse head and shoulders playing out. It broke up for a little pump, and then came back...
I have had this chart for a while now, I will tag the original post. I just wanted to update that we failed the weakest support and there is a good chance to test the major support area now.
Link to original attached.
TKO is coming now to cross its local resistance line, which is expecting a short term up swing. For a quicker time analysis check the 1 Hr chart posted.
This chart is for the longer time frame up to Nov 15.
There is a bearish flip to bullish zone between 2.0 - 2.13
Similar pattern has been posted multiple times before on TKO, and this is a good long term hold....
TKO cleared the MA 100 line and used it as support, and currently the MA 20 + 50 are about to cross over the MA 200.
This 1 hour chart set up is looking for a break to 2.37.
BUY IN: 2.0 / 2.1
TP: 2.35 - 2.4
For long term, we want to see a retest of the resistance line for support.
This set up is good for the next week. Wait for new signal development, or...
We are coming close to the end of the triangle DENT has been trading in between.
Price is currently at the bottom support line.
If the price breaks it will go to 0.0027 - 0.0022.
If it breaks up, we will see a short-lived movement up to 0.64 zone - but caution, because this is fib level 0.236, and a rejection at this level means it will re contest the red...
DOGE is coming towards the resistance line break out - we are looking for a sharp rise to 0.29 - 0.31.
For this to happen: it must close one candle above the resistance line.
then a retest downwards to 0.25. If it holds 0.25, then the second break is straight to 0.375.
This is 2-3 weeks time from now.
Buy in: 0.24
GENERAL CONSENSUS: Needs to hold that indicated level on the 15 min, and use it as support or else we see downwards movement. What you read from here on out is a bullish alternative outlook
This is a much tighter frame from the previous BTC idea that I posted. This spring area has chances of failing. I have highlighted the red path of doom, which will...
volume is still high for the current sell off, that means we will still expect a downwards movement.
seems to be following a choppy Wyckoff pattern, it's possible it can rejected at the $47100 mark, and fall back to $45000 where it will test it as support or go straight down to $40500 for the stronger support.
If it breaks $46000 by tomorrow, we can expect a...
You are not going to find it below this level.
This is a great time to get in as this currency is one of the few that has not yet corrected from the major crash fully.
It is a good time to pick it up, and sell around the 2.5 mark.
The trend angle is very steep, and we can except a sharp pull back