ADA/BTC is currently finding resistance at the 50 EMA on the 4-hour chart. I'll be watching for a retest of the orange line as support. We've seen the orange line hold as support before, and it acted as a previous resistance zone back in September, so we are seeing prior resistance act as support. If the orange line breaks, it'll most likely retest the .786 fib...
NEO/BTC has formed a double bottom support around 2340 (0 fib level.) We saw the 2340 area form and hold back in August, and that acted as the springboard for its eventual move to 3400. This time around, we hit 2340 on a wick, and we are now approaching a possible resistance zone following that bounce. We can see that NEO/BTC has been in a downtrend for about 2...
STORM/BTC (Binance): STORM/BTC is printing bearish divergence on the 4-hour chart. My guess is it will retest the .786 fib level around 149 once more before moving up further. We can see it has failed twice to sustain buying above the 1 fib level, and the second attempt formed clear bearish divergence when compared to the first attempt. The 50 EMA (green) on the...
PHX/BTC had an insane run to 1000 sat's yesterday. Now, we are consolidating and could look for another move up soon. As shown by the chart, the .382 fib level around 500 sat's has acted as a support zone so far for the most part. I'll be watching for a break above 614 and 690 with conviction, respectively. We saw GO/BTC have a similar initial move, consolidate,...
DOCK/BTC could be set to move higher should this consolidation area hold. We can see DOCK is currently holding the .618 fib level, and we could see it make a run to the 1.272 fib level around 576, if not higher to the 1.414 fib level around 617 if our consolidation into a large move up plays out. We've seen other coins (such as GO and RVN) have a large move up,...
ICX/BTC is currently showing some bullish divergence on the 4-hour RSI, CMF, and Stochastic. ICX recently fell below it's fib level support at 1047 (.618) so that is an area of concern, but the indicators are pointing to some upward momentum that will possibly reflect in the price action here before too long. I will be watching the 4-hour EMA's (50, 100, and 200)...
ZIL/BTC is currently in a shorter time-frame ascending triangle. On the larger time-frame, ZIL is within a Symmetrical triangle it has been forming since mid August. We are currently retesting the 540 level, which is also our .5 fib level, and it is currently acting as resistance (It is also the top to our ascending triangle.) Alongside that, the 200 EMA on the...
XLM/BTC is show-casing hidden bullish divergence on the 4-hour RSI and CMF. I expect the Stochastic to start showing it soon as well. As the price has made a Higher-Low, the Indicators have made Lower-Low's. I made a previous analysis on XLM stating to short from 3915 and reenter at 3730, and that has played out to near perfection. We are currently hovering around...
XLM/BTC is showing some Bearish Divergence on the 4-hour RSI and CMF. We can see as the price increased, the RSI and CMF both decreased. Additionally, we can see the MACD might be preparing for a bearish cross-over on the 4-hour chart as well. The RSI did break above 70, indicating an up-trend, so we will look for it to retest the horizontal support on the RSI...
OCN/BTC is showing some hidden bullish divergence on the 4-hour RSI and CMF. As you can see by the white trend lines, we made a higher low with the price, but a lower-low with the indicators, show-casing classic hidden bullish divergence. We are already seeing the price start to move to the upside. Liking the way this trade looks so far. Do keep an eye on Bitcoin...
IOTA/BTC is showing bullish divergence on the 4-hour RSI, CMF, and MACD as highlighted by the orange lines. We also got a bullish cross-over on the 4-hour MACD as well a short while ago. IOTA found support on a previous support zone that we saw it hold back in August around 7450-7500. On one of my fib charts, it is holding the .382 around 7660 pretty well so far....
ICX/BTC is forming bearish divergence patterns on the 4-hour RSI and CMF. MACD also got a bearish cross-over on the 4-hour. We can also see a clear swing-high failure on the RSI, as shown by the green line on the RSI indicator. Also, we have overhead resistance from the 0.5 fib line that we haven't been able to break through with conviction yet. I suspect we will...
DASH/BTC is showing bullish divergence on the RSI and on the CMF on the 4-hour indicator. MACD is also showing bullish divergence, but I did not show it here. Alongside that, it is within a falling wedge pattern as it nears support on the .786 fib line. If you guys caught my LTC/BTC analysis from last night, this looks eerily similar. Only risk is if BTC decides...
LTC/BTC looking posed for a move. Showing Bullish divergence on the RSI and CMF. Additionally, it is within a falling wedge pattern AND it's on a fib support level (.786) Really liking the risk/reward on this trade. Only risk is if BTC decides to move down. I made another analysis where I outlined why I thought it would go down, but the bulls defended 6370 with...
Bitcoin broke down out of its bullish pennant it has been forming over the past few days. We can see it is now printing a possible bear flag on the hourly chart, and that indicates that we could see more downside. 6000-6200 remains a strong support area, so that might be an area of interest for reentry. I'm personally watching 6250 and 6150 as shown in the...
NEO/BTC is showing bullish divergence on the 4-hour RSI and the 4-hour Stochastic. CMF is also on a support it has tested 3 times prior, so it could start turning upwards as well. NEO/BTC came down to retest it's previous bottom around 2370-2390, and formed a tweaser bottom reversal pattern on the 1-hour chart, so we could be set to see higher moves. Good...
ADA/BTC is showing a bullish divergence on the 4-hour RSI. Price was dropping as the RSI was moving upwards making a higher low, could be a sign of a potential bullish move soon. However, there is a bunch of uncertainty given the USDT issues and the massive premium for Bitcoin on tether-based exchanges relative to the fiat-based exchanges, so keep that in mind...
AION/BTC has been trading within a range between 580 sat's and 750 sat's as of late. So far, it would appear buying AION/BTC when it is under 600 sat's, and selling when it is above 710 sat's could be a solid trading strategy. AION/BTC bottomed around 550 during mid-August, and has been quickly bought up around the 580 mark as of late, as we can see by the double...