DanielRiera

DanielRiera

Its looking like we finally broke out a multi month descending wedge. Will we keep going up? I certainly don't have a crystal ball, but if the break-away plays out, we can see a good pump to about 10 cent levels followed by a continuation to higher levels. Lets see where it goes and how many people fear getting left behind. -- Lets have another FOMO event!

DanielRiera

Bitcoin is one rollercoaster of emotion at times and with everything on sale, you're probably like me wondering what would be the best discounted price. I'm not sure to be honest and frankly, no one knows with absolute certainty. That being said, here is a potential path for BTC. It's a very obvious one for those looking at the weekly. At the end of the day, if...

DanielRiera

Double peak with measurement heading straight to the 200 day moving average (Red). Looks like the DXY could be headed either back to the trend line or finally breaking its trend on the way downward. What does this mean. Well, of course its always smart to take profits on the way up, but if you are into crypto currencies, there is a good chance you will see a...

DanielRiera

Descending wedge with a measurement right to the top trend line Tracking the peaks. This is too perfect to be true. Can this happen during such an oversold market with FUD running rampant? Well, it wouldn't be the first time OXT took off out of no where to $1 leaving everyone on Coinbase with level 10 FOMO. While many people are speculating that BTC can see...

DanielRiera

OXT is showing its strength -- can it pull through and get back over previous major support (Now resistance) around the .20 cent range. If it did, it would be a proverbial, three pointer at the buzzer sending them into overtime! ;)

DanielRiera

Measuring the ascending triangle and observing my other indicators, it looks like we might push up to the upper 30k's. considering we bottomed out at around 25k ish, depending on your exchange of course, i would say that we could start seeing an aggressive move to the upper 30s and consolidate within the 30 to 35k range for a while. Whats great about looking at...

DanielRiera

OXT at the moment is extremely oversold i believe that we can see a push upwards at any moment. Depth charts show that there isn’t much resistance in order to make it back to the .20 cent level minimum. At the moment, OXT is showing a bullishly biased ascending triangle and if we can break the trend line and close above, we could be in for a decent return to...

DanielRiera

OXT is an interesting coin in that the charts have always been a little easier to read than most others. OXT is currently in its low ends of the price spectrum, which means people are scooping up coins prepping for the next run up. OXT tends to shoot up out of no where and as you can see in the chart, it seems to pop up roughly every 8 months. If this cycle...

DanielRiera

With BTC showing real promise for another run to all time highs, you can expect alts to follow king BTC. OXT is no exception and while messy of a chart (Hey as long as i understand it right?) we can see OXT reaching the .50s once again. I also can see the possibility of it breaking the resistance trend it has been respecting for many months. Crypto rewards...

DanielRiera

After measuring the current descending triangle, it's looking like we going to see prices reach .31. Of course, if BTC has some significant positive price action, we could see it reach this level and beyond in this next wave.

DanielRiera

WIth volume pretty low i would say that we could very well se a test of the previous support line. If we were to continue going upward we would have to close a daily candle over the trendline in my opinion as well as see a good amount of volume. At the moment while prices are going up volume is going down. If history is any indication, this is usually a bearish sign.

DanielRiera

I'm currently speculating on the OXT bottom and if history is an indication, it usually bottoms out somewhere around 19 cents. Could we see lower? As you all may know, anything is possible, but i believe that if you stick to the 19 cent range, you can't go wrong. I think we can totally see this price again especially because BTC has a lot to go before it...

DanielRiera

Could we be at or near the bottom? potential path SHIB could take in the near future.

DanielRiera

COINBASE:XYOUSD XYO is an interesting coin with the ability to make someone a ton of money. Have we found the bottom? XYO is currently at a level of support and holding strong. I believe it's being forced into the apex of a descending triangle by not only trend lines, but also support where XYO has bottomed out in the past. Could XYO be poised for another run? ...

DanielRiera

Nothing much to say other than i feel we need to close the gap on the trend line (White line). Looks like a similar path we had back in Sept when the wave was on the downtrend to the trend line. Could history repeat itself again? Nothing is for certain, but if it does head back down to the trend line around 42/43k we may see a strong bounce back to the upside.

DanielRiera

Looking at the charts, i'm thinking we going to see some upside movement for Saitama. That is of course unless BTC decides to tumble downward drastically, but even with the latest down trend that BTC has been experiencing, Saitama has found some good support and is already standing back up, dusting itself off, and coming back for more. Additionally, the Saitamask...

DanielRiera

On the weekly it looks like an "M" pattern forming that could take us down to a low support level around .20 cents. I feel like this could hinge on the movement of BTC. BTC dipping could cause skale to break down to nearest support level before rallying to new all time highs.

DanielRiera

Was curious if we could see a specific pattern that has been documented several times in the past called, "Livermoore's Speculative Chart" - This is very speculative and by no means do I believe that this will happen with certainty, but it does make me curious if something like this will play out. As much as i would like to see SHIB soar to that Magical .01 cent...