RSI between 40-50 on all time frames heading further towards oversold
MACD showing signs of a slight short term retrace
Bounced off the 61.8 on the 4HR and the 50 on the Daily
Daily is looking like a cup and handle formation
Sub wave currently in wave 4 (4HR)
Major wave, we are in wave 2 (Daily)
Currently at 820 with a long way to reach ATH at ...
There is an inverse head and shoulders playing out on the 4 hr.
Neck line has been confirmed, a bounce off the 0.618 Fibonacci will form the right shoulder.
Accumulate around 0.618, 1st target at the 0.5 will give us at BTC price of USD10.5k
Short if we fail to bounce on the 618.
Ichimoku showing all price actions turning
bullish moving inside the cloud.
Resistance seems to be shrinking over
the breakout area.
Bullish Tenkan Sen crossover
Tenkan Sen, Kijun Sen both in cloud.
Expect some volataility between 9500 & 7100.
All signs currently turning into a weak bullish signal.
Also worth noting the MACD on the weekly is ready run,...
Descending triangle in play
Wait for MA 21, 13, 8 to break the MA 55 in a positive direction.
Wait for Pivot Reversal Strategy to indicate a buy.
We could be looking at a nice run in the next few days.
Waiting for price to breakout above EMA55.
Price Reversal Strategy is indicating a buy.
We can observe from the past that when the EMA 55 is crossed we have seen some incredible gains.
Sell when the price breaks in a downward direction from the EMA 55.
I'm expecting this run to beat our previous high, which gives us an 80% profit.
BTCP snapshot on 28th February
ZCL is currently in consolidation and is slowly being accumulated
I'm expecting ZCL to go another x2-x5 before the snapshot.
Technical Analysis shows MACD in a very good position on the daily.
Huge bull flag is being formed and all trend lines are being respected.
Personally, this is not a long term hold. I will be holding...
Currently in a rising wedge.
With a 700% increase in the past 3 weeks and a rebrand around the corner, VEN is showing no signs of slowing down.
Currently testing a major resistance with a bullish MACD, we are about to smash our way into new ATHs.
Look for trend reversals (where the candlesticks break the dotted yellow line).
If it breaks the ascending...
MACD is signalling a reversal
Long term falling wedge is in play here.
5k is absolutely possible late march - mid April.
Look for reactions to the support lines to determine your next move.
Fallings wedges generally indicate the bears are growing tired. We will see a very strong reversal on the break of this channel.
A break out may occur around 28th Jan - 18th Feb.
MACD shows a downturn at this point in time.
Do not buy until MACD show a positive divergence.
(Blue needs to cross over orange and be at bottom of cycle)
wait for break in descending triangle.
Look for a good entry point below the descending triangle. If it breaks support than disregard this analysis.
Short term: 1-3 days (sell)
mid term: +3 days (buy)
This is a nice long term hold here.
Currently at 1/7th of the all time high.
Descending triangle about to be broken
MACD at its lowest point and about to turn positive
WEIS indicator has first green bar
RSI indicating oversold
Only buy once the break out is confirmed. ( candlestick must close above the yellow diagonal line)
Potential to go 150% in the next...
Lunyr has made a cup formation pattern on the 4hr
MACD still looks very bullish.
All signs pointing to an outbreak.
I think we could be looking at 100% returns in the next 48 hours. (Even higher gains if you are holding long term)
MACD display strong positive divergence.
Has been following a consistent long term trend on the 4hr chart.
We have just broken out of this trend into a new fibonacci level.
Prepare for VEN to make some serious movement over the coming weeks.
You can check out my previous analysis on VEN, which proved to be accurate. Also includes a Fundamental...
Daily reveals BTC is either making a bear trap, or it is making a flag pattern.
Look for breaks in channel and support lines to determine sell points and re entry points.
Only buy on break outs.
See chart for full details.
See chart for full explanation.
If you currently own ZCL, hold.
Watch for breaks in support, resistance and bollinger band.
The chart is indicating a H&S is forming.
Using a stop loss may save you from a painful experience.
With the release of their wallet, and the BTCP airdrop with a 1:1 ratio less than 3 weeks it is hard to believe this H&S will play...
Steem broke out recently from a descending triangle on the daily.
On its 1st pump, 9000 -----> 22000 sats
Consolidated for 1 week
On its 2nd pump, 20000 ------> 40000 sats
Steem will consolidate for another couple of days (flag out) and pump to 80 000 sats.
Steem is a long way off its ATH so it has a lot of room for growth.