Good day traders! 0x is an amazing project and I have a lot of faith in the team. They're producing a decentralized exchange, and many projects are building on it (e.g. Augur, District0x, Status). After the upward rally yesterday we're slowly reaching the end of the ascending triangle (continuation pattern). I have conducted 2 scenarios: Bullish: We break...
Hey guys, Here we have a 4H chart of Litecoin/USD LTC is currently attempting a breakout at the short term downtrend line. It is facing major resistance here. I would personally wait for a confirmation of breakout before opening any new positions right now, as it may be just a fake out. --This is NOT financial advice. Please make your own research before...
Good day traders, Here we have a 2h chart of Lisk. We're currently in a symmetrical triangle which we will either break up from or breakdown. I've drawn in multiple supports (and resistances). Lisk will hover between them, no one can know for sure in which area. My bet tho is that we will break up, and hover in the $26 to $31 area. RSI going up indicates we're...
Hello Traders, Here with have a 1H chart of ETH. After the latest "big" correction ETH fell down by nearly 50% from its All-Time High, but quickly recovered quite a bit of the loss. At the time of me writing, ETH broke out of the sideward trend. If it manages to get in the upward trend I predict new highs. If it fails it may fall back to the ~1'000 area. I...
Good day traders, I'm no expert and I usually don't forecast patterns, but this time I will. XLM recently broke out of the downtrend, started an uptrend and quickly dipped back. If it can regain momentum and reenter its uptrend $1 wouldn't be impossible. If it doesn't manage to, it could finish the head and shoulders (see chart). XLM currently sits on an...
Good day traders, The chart is self-explanatory, everything is written on it. This is not a forecast. It's just a chart with different supports, resistances and other data. Share your thoughts :)
Good day traders, After the huge correction throughout the whole market, which led all top Cryptocurrencies to fall by double digits, Bitcoin and most of the Altcoins recovered some of the losses. BTC bounced off at the 9.2k level. It did fall below the previous support line (which is now a resistance), so to gain momentum again it will have to break it. If...