AMP BTC is approaching its all time lows and recently broke out of a falling wedge which could signal a reversal
Next resistance at the red horizontal lines. This may take a few more weeks to bottom - Id be looking to accumulate heavier at 3000 satoshis or lower
arkbtc daily... could see a push to 80k sats, especially if btc continues correcting.
For it to happen ARK must breach the big blue triangle, then will be met with resistance at the 162% fib retracement and the upper black channel trendline.
Watch rsi and lagging span closely for this uptrend to reverse.
The 262% (fib with background) and 23% fib2 (no...
BTCUSD (bfx) is bouncing upward in the red and blue channels. It looks like a push to 160% fib is possible in days ahead (over 5000 USD).
Decent support at lower end of the blue channel and the 76% fib.. resistance at the upper end of the red channel and the 162% fib
Will be watching closely on shorter term charts as we near 5000
Are the stochastics signalling a bounce? Hard to say if the longer term down trend will prevail
Watch for the lagging span green line to catch up with and cross through the price to the upside
I'm skeptical of a breakout until bitcoin stops surging
A longer term view of some support and resistance zones for weekly BTCUSD (bfx).
BTC just broke out of the black triangle and to new highs. Can we build support at the 162% retracement and move higher?
Note the fibs
OMG recently broke out above its previous ath, breaking away from the 100 dma and the clouds after a recent TK cross. OMG now has support at black trend line a and resistance at the lower end of the blue channel.
If stochastics continue above 80, look for OMG to continue higher into zone 2 toward the 162% fib retracement. If we make it into zone 3, resistance...
LTC fell out of the blue channel, then out of the red ascending wedge, but is still within the red channel.
Using ALL TIME high and low for the fib retracement. LTC just made a strong move away off of trend line b and breached above trend line a, which is now support as we consolidate between trend line a and the 100% fib retracement (ie. the all time high). ...
Stochastics looking to embed and BCC has breached below its 100 dma. Price relative to clouds is bearish, conversion relative to base is bearish, plus bitcoin just broke out to new highs
A fall below 23% fib could take bcc lower along the blue diagnonal trend line b to the lower end of the black channel.
Resistance at blue line a, the upper end of the black...
Fundamentals aside, it appears ETC could reach triple digits in 2018 if it can remain in the upper diagonal channel
Good support at around 9-10 USD (bottom of the channel and 76% retracement)
A strong buy should ETC fall back under 10 USD
The DOW BTCUSD ratio is headed for 1:1 and perhaps well past in the months and years ahead
Will we see 20k DOW and 20K bitcoin?
10K DOW and 10K btc?
40k DOW and 40k btc?
Currently requiring around 8.2 btc to buy 1 unit of the DOW, we could see a bounce back toward the 14 level.
RSI is looking very overextended to the downside and may need to come up for air.
LTCBTC has been frontrunning XRPBTC last couple months (Green indicators lead the pink)... ltc spiking now... will ripple to follow suit?
If btc breaks out xrpbtc could make a move back towards its 100dma (pink line)
Ripple has surged and retraced in the past weeks and ltc ratio has been continually hammered down until todays breakout.
Lets see if we can hit the 23% retracement
NB: btc and ltc ratio are both moving up together right now
ether appears to have its strongest uptrends starting roughly at full moon (dark) and going to new moon (white)... at least during bullish legs....
the blue channel is home for now. watch for a potential retrace if we hit the upper blue line (log scale chart so could be well over 300. 100 dma (pink line) offers support after that.
hard resistance at the red...