FIL did an excellent pump and now we're in stage two which should take us to just under $60. Path is on the chart. We have some resistance at $60 therefore expect some reaction in that area. Also a good place to secure profits. If we are to fall, we have good support at $44, however the indicators are looking very bullish on 4h and I expect continuation. Daily...
REEF is currently ranging as indicators on 4h are a bit flat without a clear trend. If we dive in lower timeframes we will see REEF wants to go higher! However REEF already pumped a lot these past two weeks therefore it is normal for price to take a pause here. I still expect REEF to do at least one other leg up before a more sustained correction. That can...
BTC has formed an interesting wedge that reminds me of... ETH before breaking out towards $1,800. We are in the final stages of this wedge which I expect to break up above $50k resistance. The chance for us to break lower is small and even if we do we have good support at $45k and $40k. Why am I bullish: 1. We are still in this wedge + support held today so...
VTC pumped 100% today... what?! Yep. See my idea from yesterday. It was expected. Now we're hovering just under $1 and the trend is clear, VTC wants to go much higher, but for now we will correct a bit as today's pump was significant. Indicators on weekly, daily, remain bullish, however on lower timeframes we need to settle on a support level before we can go...
TOMO broke the old ATH at around $2 and now we're rallying nicely above that level towards $2.8. TOMO was .40 cents not long ago... Indicators are looking bullish, so this move is healthy and on good volume. We are becoming a bit overextended, but for now there are no reasons to be worries. I'd be careful once we move above $2.8 towards $3. Sellers may arrive...
VTC broke the resistance of the cup and handle formation (look at 4h timeframe) as indicated by the 50% Fib line. What does this mean? We are clear for higher levels! Volume is picking up, MACD is expanding, RSI is rising... bullish! Moreover, on 4h timeframe we just did a positive cross on MACD... so expect some nice gains. Bias is very bullish. Our target:...
XRP is at a decision point as indicated by this ascending wedge which is reaching its apex. Price has two paths as always, first one where we break above the wedge and we pump hard - this would be a very bullish move and XRP could quickly go above $1. Or we fall off the wedge and seek support with a good target at around $0.50 cents. My bias is bullish...
Do you see what I see? I counted 8 green daily candles! When did we have 8 green candles before? That is 65% price increase in just over a week. So what does this tell us... XLM and the whole market is extremely bullish. Can we push higher still to ATH? I'd say we may need a day or two to cooldown a bit as we appear to have formed a wedge here, but as with...
UNI has been ranging in this ascending channel for some time and right now we find ourselves at a crucial moment. Price is kissing the support line and any drop under it will spell trouble for UNI. Why? 1. Bearish divergence on RSI! 2. MACD is bearish with a negative cross and bearish divergence! 3. Volume is dropping. Why 2x? Uniswap and Sushiswap are...
As indicated in my last idea when price was at $8, ETC has broken out of the descending triangle, made it support and now we're rocketing to the ATH. The resistance at $13 did not hold us back at all... signaling the momentum is very strong and we did it on increasing volume = bullish! The next significant resistance is at $20, however, I am sure we will push...
Well well, not long after I posted my last idea on Raven, where are we now, inches from the old ATH! :) Raven pumped for three consecutive weeks and now here we are, less than 30% from the previous ATH in 2019. I am very confident we will touch the old ATH level and then perhaps face some resistance around that area as supply side/sell side should come in....
GRT has done an amazing run these past two days, going from $1 to almost $3! Holy hell! Congrats to all those that held from under $1! Now we have formed a very interesting chart. We broke outside of this ascending channel and we may be about to make it support! If that happens, then higher levels will be possible and I'd not be surprised to see GRT go to...
XTZ finally did a nice pump after doing nothing for half a year... Now we find ourselves at this resistance area around $5 where I find it a bit unlikely for XTZ to push higher directly, we may need a bit of refueling here before we can exit this massive channel. Goin above this channel would be extremely bullish, but that is still to be confirmed, last two...
BTC has been ranging between these two fib levels for the past four days and we formed a local resistance represented by the dotted line. However that will not last long as the real test is at 50k. For now the indicators look a bit flat on 4h and we don't seem to have the momentum yet to push higher, we need to pass this local resistance before we have...
ETH has set a new ATH at over $1,8k today and now we're building good momentum to conquer 2k. It is now almost inevitable that ETH will touch and go beyond 2k, just a matter of time, likely this weekend we will have it. We are less than 8% from 2k. Why I say this, look at MACD. We just crossed on 4h on the positive and volume looks great. On daily we remain...
DASH made a very nice pump today and in the past week it pumped 35%. This may not seem much considering some alts in the space, but as you can see on the chart, DASH is just starting to move, once this kicks-off the moves will be quite large. I expect the momentum to pick up as soon as we pass $200 with conviction, then the path is clear to $400 and above. The...
YFI finally woke up after sleeping for almost a month. We did a nice re-test of the previous ATH level and actually exceeded it slightly, only that we were quickly pushed back down. Nevertheless, the momentum is very bullish on YFI with an expanding MACD and RSI about to break into overbought territory. Volume is also growing nicely, so this pump has legs to...
BTC formed a very cute little bullish flag and today we confirmed it with this nice breakout. We just painted a new ATH and $50k is in danger here. After we break $50k we should be picking up speed and I think $60k will soon be conquered. Daily indicators are looking juicy for more bullish action and are far from being exhausted, particularly MACD that is...