Possible wave 3 coming in for NLG, a Dutch payment coin. Major shitcoin but eh, everything is pumping.
Weird thing is that this coin bottomed in mid March (huge relative volume!), opposed to ALL OTHER ALTS bottoming at New Years eve.
If this is indeed was the bottom, then we are at the beginning of a MAJOR SHIFT in the trend.
XRPUSD completed its 5-wave move up, signalling a correction.
Broadening distribution channel paired with a bearish divergence on the top. Might push one time higher.
Wait for confirmation on retest on top of channel or at swing-failure.
I should've placed the "5" at the previous top, making this a Broadening Zigzag correction
Nice wedgy chart. Nice patterns following each other on clear breakouts and retests.
This is THE definition of altseason. This is the ETH pair, not even usd. As Benjamin Cowen on Youtube thinks, Eth itself is preparing itself to go x4 in its BTC ratio. Meaning... 32 Eth will be financial freedom
POLS looking like textbook, rising top + bearish div top and blow-off top. Found a bottom on Resistance of previous rising wedge (flipped bullish -> Running Wedge). This bottom was a clear Wyckoff accumulation bottom + bullish div.
Coincides all with a inverse head and shoulders for bullish divergence. huge momentum.
I hope some new IDO's go crazy so people will...
Quant has broken out of the Massive Yellow wedge and forming an ascending triangle. This is exactly the pattern Chainlink had in the week of 20 October 2018.
This company has outstanding FA being featured on Real Vision a month ago. Also Quant was awarded the Gartner Cool Vendor award in 2019, Chainlink in 2017.
Link exactly followed this pattern since the...
QNT/BTC is currently in a rising wedge formation with the 200-day MA as support.
Two breakouts have occurred above the wedge which were news-related, can be seen as noise. The last one making a new local-high was the RealVision interview with the CEO.
Where the price is in respect of the 200-day moving average will indicate the trend.