Bull pennant forming. Get through 9590 and next Heaviest resistance around $10800 Have fun
Here is the day chart for BTC/USD Coinbase. There are plenty of lines here but check out the highlighted circled areas. I've seen this shape made several times and it has been bullish in the past. Let's see if it is as bullish in the present. The RSI supports it. The Ichimoku cloud is also supporting a bullish case. $9105
There is the setup and the r/r if XRP lost all off it's recent gains. It looks pretty good for making some sat's.
Watch close here at some critical resistance and triple top formation. I think $9393 is possible over the next 7-8 days.
It is a standard double top chart pattern so we watch for it to break support with some heavy side volume and we could see it drop t. There is lot's of talk about a drop and this could be good for a boost to the upside making this a failed pattern. We shall see what happens
Tron has been taking a hit over the last couple of months and not only the price, but also the company and founder in particular. Throughout this whole period Tron has been posting good numbers with their mainnet and developers. Their is a lot of talk about altcoins being dead and while some definitely are and will be, their are several that will not be going...
$9535 - $9525 is the support for this double top formation. If it breaks this we should see $8700 if not lower. Careful and keep eyes on USDT. Perhaps a small sell of BTC could be beneficial...
Just a quick look at the TRON chart. It seems TRX is finally breaking it downtrend move that began back at the end of June and that's pretty good news. Perhaps it trades sideways for a day or maybe it makes some sharp upward moves. Waiting for volume to confirm the broken downtrend. Looking at the weekly chart it looks like a bullish descending triangle is about...
It's a good day! Senkou B is on the move finally. There are a many reasons this could be positive, and few that pose negative. The last upswing was not supported with the cloud, as can be seen in the attached idea, and I have been waiting for this to change for the better. Over the time period between July 26th and August 6th we saw the red cloud heading up...
Convergence is still in process on the 45min and 1hr. The red Ichimoku cloud is what i'm looking at as far as where and when. $10300 and beyond is what I'm expecting.
I'm opening a long position because of the simple convergence. And a short as well. It might continue to $9700 range before that long trade kicks in.
It's a messy looking chart but I think it's easy to see what I'm looking at. A drop to the star is what I'm thinking and opening a short accordingly.
It looks to be getting ready for the next leg down. At the bottom of this pink line there is the green line. This green line is the parabolic rise from the all time low back in December, through to, the beginning of the rise in BTC price at the start of April. April is when BTC began it's parabolic move that ended mid July. It is strong support and I would not...
It is currently not supporting this upswing. When this trend changes is when I will be more confident in a run towards the recent high a month back and beyond. It does look like $11k resistance is now the support.
If so then we might be looking at a three drives pattern. If it would make this drop it would make for an interesting run at the end of of this month. Let's watch this.
It looks like a beautiful lineup for more gains. Lines up nicely with the new month and the new week. Shrinking volume. Symmetrical triangle. RSI fell back from the oversold. Williams fractal on the day chart doesn't happen very often, and indeed it did. Gartley on the 3 hr puts my buy at $11k even. Might be able to get in a bit lower than that but not much......
I'm thinking there is the flip where that second resistance becomes support and maybe the pivot for starting the month. This of course goes along with the related post.
One perspective says that 7 countries worth of people want 1 satoshi (.00000001 BTC) more than their country’s currency… This is the 30 min. We all know that BTC is capable of surprising, and this looks nice to the upside especially if the volume comes in hard. Just don't look down! haha optimistic