we have 2 channels , one is longer term up trend and one is down trend and the price is in the intersection.
I have 3 possible senarios for the bullish momentum.
1 - 40%
and 1% posibility that none of them will happen. Time will tell lets see what will happen
When I analysis the SXPBTC chart I have noticed that it has the same trend. Chart is short for further analysis but what have is enough to say that ;
1- bullish pennat of the chart has been broken up
2- RSI has drawn the same pattern
3- Cumulative Volume Index has drawn the same pattern
So it is an interesting similarity to share with you. In my opinion SXP can...
First of all i like this chart a lot. Because of
1-) Enormous volume for the last 4 weeks.
2-) RSI is at the bullish side for the first time in all time
3-) Clearly deeped out and recently proved that Bull are in control.
Ambrosus's average price for 1 coin of all time is $0.16. Now it is $0.04. And i think a regaining attempt (at least the average price) is...
I noticed that there is pattern repeting in MDA charts.
First falling wedge and second one is on the chart above.
You can see similarities and dissimilarities between the two.
But anyways it is a good pattern to share with you.
Celer has broken a lot of big resistances and last one was 55. After that one there is one more left in my opinion it is 65. If it happens clear way to 78 .
By the way, 'imho' bitcoin dominance is printing a bear flag right now. So i am expecting one or two more month of altcoin growth.
other targets are ;
entry: 61 or wait for 65...
FTMBTC is at ATL levels on binance. Last two days volumes are higest of 3 months. And RSI is at 26 levels daily which is oversold.
After daily 50MA crossed over daily 100MA it seems like 50MA is testing 100MA as a support. If it holds as a support, a reversal is imminent.
It is not logical to draw fib. retracement here because we are at ATL and we dont know if...
ENJBTC is in a triangle for 11 days and it appears that the journey is ending today in a positive way if it can close a candle above that triagles upper bound ( 1174 sat)
first target is 0.618 fib level 1214 sats
second target is 1.0 fib level 1460-70 sats
third one is 1.618 fib level 1881 sats
In my previous analysis about ENJ i spotted a nearly perfect chart...
if you look at the 30min chart you can clearly see that ENJBTC has printed a nearly perfect bullish Gartley pattern BAT which suggests a quick raise to 1.618 fib. level.
And this mentioned raise has been confirmed in last 2 hours in my opinion.
entry: 1140 sats
stoploss: X mark of the pattern which is 1097 sats
target: 1400-1430 sats
time limit : 24 hours.
I think MDA is bottomed out and we have signals that it can go for a run in coming days. My ideas about trading are clear on the chart.
We have a Golden Cross 4h 50MA crossed over 100MA and we closed over 50MA again.
The only concern of mine is that low volume. Actually we need to see some volume action to confirm that movement.
Thanks for stoping by and reading...
ONT can go 2.8 again. But needs to stay above the upper line of the triangle.
If ONT can bounce on the upper line then GO LONG for a good risk/reward ratio
enter and close positions on the chart. See for yourself
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Always do your own research. I'm not your financial advisor.
LTCUSD pair has been trading in a descending triangle betwen 22.12.2017 and 10.6.2018. A break down from that triangle has happened at 12 Jun 2018. Since then, the bottom line (reddish color) is the new important resistance level.
LTC has the first break up attempt (you can see on the chart) which was NOT successful because of the lack of volume which also means...
On daily chart nano is forming an inverse head and shoulders pattern with right shoulder in the making.
On the other hand there is Elliot wave count 3 to construct which perfectly overlaps with the iH&S
We all know that for all alts it depends on BTC. If BTC can reach 6500-6700 then there is a chance NANO can reach 42000 satoshi level which completes the iH&S...
First of all, I am not a pro Trader (I am a mathmatician / Computer Science student) and this is an experiment that I analyze and set up.So this is not a financial advice.
Example 1 and 2 are two situation that have the same indicator(S-RSI, RSI and MACD) levels as the experiment point ( which all are shown on the graph)
After 3-4 days prices of Example 1 and 2...