If Theta can find some support on whilst sat on the long term support trendline it could be a good entry for a nice swing trade. If entered higher could be a good DCA position.
Keeping an eye on this formation for a possible breakout. Looking at a test on the resistance trendline.
SLP 4hr is just one big cup and handle formation. New ATH looks promising.
ICX has two clear resistance barriers to get through before we see it make a decent move. Firstly the 0.81 horizontal resistance then the long term resistance trendline
BTC has flipped $32,200 from reistance to support. Looking for test of long term reswistance trendline now.
BTC has closed 4hr candle above key resistance of $32,200 level which is the first confirmation of trend reversal I was looking for. Then we wanted a bounce when retest was done to confirm flip from resistance to support. BTC doing all the right things. Next confirmation is 4hr close above long term trend resistance trendline.
We have two clear confirmation signals we are looking for here. Falling wedge pattern. 1. 4hr close above $32,200 2. 4hr close above long term resistance trend line
Clear double bottom and trend reversal to the upside with RLC which is severely undervalued right now.
GTC in a super bullish rising wedge. Higher highs and higher lows, nice days ahead it seems.
XMR has broken resistance with uptrend expected and position entered.
BTC has closed above $32,200 which has triggered a long position, we took the L on the short based on the 4hr close below support trend line however this is a much stronger signal and the increase in volume. Lessgo. Refer website for our current opened trades.
After completing a very successful short, we expect BTC to find support on the green support trendline with a trend reversal to the upside.
As per our BTC short prediction, the trade went exactly as planned for a great result for the Crypto Inc VIP team who all cleaned up on this one.
Lack of volume meant BTC was rejected after 4 attempts to break resistance out of the flag formation, likely to dump until key support.
I am not a XRP holder but I will trade it. I wanted to see a 4hr candle hold above $0.65 which we got and triggered my long buy order. Wish we luck.
BTC in bullish formation & testing resistance trend line, a break above and out of flag should see us at levels of $38,500. Of course not confirmed until a closed 4 hr candle above resistance.
This is my feeling with BTC, I believe support should hold and register another higher low, with reversal up to test resistance over coming days.