Completing a head and shoulders pattern on 1 hour frame. Bear flag also gives a good idea on what will happen next... Lets see if the pattern completes with a break down at neckline.
Correcting in descending wedge. Target 1 = 450 Target 2 = 400 (Good entry point to go long)
XDN nearing the end of dexcending wedge pattern. A break down through 50 moving average (yellow) will mean that we are going into demand zone (green block). If 50 sma holds, then we will break up out from wedge pattern, resulting into a large bull run. If we go down below 200 satoshi, buy in green demand zone block. The long term trend line (green) was broken a...
Seems that Bitcoin is losing momentum from bulls. The ultimate test for now being the 50 period moving average (yellow).
Going to resistance of rising wedge and likely breakout to upside.
Since IOP has broken down from its ascending channel, it has steadily formed a descending wedge pattern. It now rests on the 50 moving average (yellow). If this support breaks, a continuation to the previous low will occur. (about 27k satoshis) From 27k we may see a bounce up, retesting to break up from the wedge. Or it may continue downward to the long term...
It seems that Cardano continues its retracement. I do not work with fibonacci levels, but they are sometimes good to have a quick look at because a large number of traders rely on them. I have noticed in crypto that the retracements normally go a bit deeper than the .618. A level of .65 is common. I expect Cardano to retrace to the 2800 Satoshi level. If we get...
All the indicators are pointing upwards. I think this is one of the few coins, together with HShares that has potential for trading in the current bear market.
We have a great potential for at least 100% profit in the next few weeks on IOP. At its support with a quick breakout and volume increasing.
Still holding support after close on chart.
Firstblood has formed a nice medium term bull flag. It has retraced all the way back to the .618 Fib. We may see a nice bull run continuation to its previous high. Note, I think its safe to place a buying order now, however, the entire market is still bearish and we may actually see a break downward. So place a stop loss 10% below your order.
Facing resistance at around 12700. Climbing in ascending wedge. 50 SMA still downward
Moving in rising channel. Touched support of channel.
Breakout from long timeframe wedge. Breakout above 50 day moving average. MACD bullish divergence. First target = 0.075 BTC
Moving in an upward channel. Even if Bitcoin moves, LBRYcredits should hold the bottom line of the channel. If you want a stop loss, place below the bottom trend line. Next target 0.000092 BTC