Cyrnix

Cyrnix

Cos broke out this morning. I had missed this, but that's fine. Any test of the neckline should be a good buy. We don't really want to close back below on the daily as that would signal a false breakout. Target should be around the 150 sat area which coincides with resistance as well as the measured move from the inverse H&S.

Cyrnix Updated 

BINANCE:XLMBTC has been in this accumulation area for over 6 months now. 1250 and 2100 areas remain untested. I see it testing those areas. I'll be building a position over the next days/weeks depending how it unfolds. A break of the 752 double top would be ideal at this point to really get going.

Cyrnix Updated 

BINANCE:DCRBTC Looks to have bottomed here. As long as this 1950 area holds on the daily I think this has some serious potential to reach a true wave 3 target. Above 2224 is a nice start I'd like to see. Some bearish div on the RSI daily suggests some more sideways or consolidation. A break above 2224 is what I really want to see to jump in, though I don't mind...

Cyrnix Updated 

I feel like a broken record on some of these alts right now. We wicked right into the Golden zone (between the 65 and 618 fib retrace). As long as that holds there's an 80% chance to the median line of the PF. The first algo target from here is the -.236. This could go much, much higher. I think that 3600 sat area looks like a solid target from here. Would be the...

Cyrnix Updated 

As the title suggests, BINANCE:EOSBTC is looking like an ascending Triangle. There is some overhead resistance at 4800, but should it blast through it should push into the 5000 OB area. Pattern is invalidated below 4200, there is the chance it creates a larger pattern, but I don't foresee that should this triangle break bearish. You can buy at CMP with a stop...

Cyrnix Updated 

BINANCE:GOBTC is in this massive ascending channel. Within it we have this triangle-ish structure with a bunch of pokes into resistance. The more times a resistance/support is tested the weaker it becomes. Expecting this to break out soon. First target is around the channel median line. The fib pull shows we came to the golden zone (between the 618 and 65) making...

Cyrnix

ETHBTC current bottom looks eerily similar to BTCUSDT's $3200 bottom. There's not much to say, really. BTC's bottom took about 4 months of consolidation. ETH is about 5 months in to its consolidation. Should this be the actual bottom before a large scale rally for ETH, this comparison may help to outline it's future movements. Nothing happens exact, of course, but...

Cyrnix

BINANCE:BTCUSDT Has come to a very pivotal point on this current rally. You can see the number of daily closes around this area last year that pivoted until it broke. It's been tested once on the insane 2 day rally that saw 40% gains only to come falling back down. If this area can be reclaimed than bulls should see a quick move toward 10k. Bears should be...

Cyrnix Updated 

BINANCE:XTZBTC Made a perfect retrace to the golden zone (between the 618 and 65). As long as that pivot holds there's an 80% chance it reaches the median line of the pitchfork. The initial algo target for this move is the -.236. The 4 hour currently resides in a bull flag so we should see some movement soon. This a mid-long term play so size your trade accordingly.

Cyrnix Updated 

LTC taking it's 3rd poke at the top of this trend line/channel. If it can break it there's clear upside after sliding for months against BTC. I've marked some key levels that should provide resistance should LTC break to the upside. If you can catch a retrace to the low-mid 60000 sat range that's a good spot to buy. Otherwise we can play the breakout accordingly....

Cyrnix

Ark has been in this tightening range for some time now. You could make this a triangle, but I'm always a little leery of those massive wicks up. I'd rather see this range tighten further on the daily and look for a break. There's obvious resistance and an inability to hold above the 1750 area. So we can A) buy the bottom of the trend line, B) wait for the range...

Cyrnix Updated 

#IOST BTC - Nice tightening 4 hour range. May take a few days to play out but if you catch it should be an easy 5-10% if it breaks bullish. The best way to play this one may be to buy at the bottom of the triangle if it gets there and you can keep a pretty tight stop from there below 189 which will be around 3-4% max. Otherwise play the breakout. E waves are...

Cyrnix

TRX hasn't seen the moves that other coins have against USDT as of late seemingly because it ran well before they did giving 100% gains to those daring enough to buy the bottom. It's easy to forget about it because it hasn't run with BTC, ETH and LTC recently, but this is some solid consolidation on the weekly TF. W'll be looking for either a cupping pattern to...

Cyrnix Updated 

BTT has seen a monster run up since listing. We've seen consolidation for days now after a break of the inverse H&S pattern. While the falling wedge suggests a reversal, note that we've fallen below the 65 and the previous inverse H&S trend line which will serve as resistance. If we can break bullish the initial targets should be the 50 and the 618 coming back up....