Hello all, lets take a look at South Korea's ICON Coin. ICX has been repeatedly beat down since it's January highs. We saw it develop its new downtrend channel on Feb 17 with a shooting star signaling the current reversal we're in and the new downtrend channel. We're have now reached the exact bottom we had in the first week of February which we were expecting to...
If you haven't checked our last NEOUSD chart we posted on March 6th, please take a look because it's been perfectly aligned with all our calls so far. You can see how the trend has developed. Here we are! We have reached the level that was inevitable and we didn't want to be at, but what's important to know is where we go from here. All hope is not yet lost, but...
Hello Crypto Friends, we've been keeping an eye on ETHUSD over the last few weeks to see if we can finally break out of the downtrend channel marked by the thick red line, but as of yet no magic has been happening by the bulls. Million Dollar Question: Where is the Volume?? Where are we heading?: We've had support at previous levels around the $800 price range...
Quick look at BTC. Don't run for the hills just yet. We just finished the bullish inverse head and shoulders pattern on BTCUSD and we're looking for a way to climb up the hill. The key here is we need some good volume to help us confirm the trend which we haven't been able to find. We'll be watching closely as RSI is currently oversold and we hope to see a new...
What's up ladies and gents, let's take a quick look at DGBUSD on the 4hr charts. We witnessed the Death Cross on the SMA50 & SMA200 back on January 20th and DGB took quite the beating. Fast forward to today and we're still in a downtrend. I am currently long of DGB and looking to pack the bags once we get the Golden Cross indication and the 50SMA crosses back...
We recently had the so called Litecoin Fork which created Litecoin Cash. Charlie Lee himself is calling Litecoin Cash a scam and they're simply using the Litecoin name and adding Cash to to the end of it to gain popularity. I personally haven't claimed any Litecoin Cash tokens yet, kind of just waiting a bit to see what happens with it, but if you're interested in...
Bombs Away!!! NEO has been getting rocked this past week and we can throw the blame around a variety of recent FUD around NEO in combination with people selling off after the ONT Air drop claims. A 30% drop is never fun, but fear not, there is still light at the end of the tunnel and this could be a nice time to grab some NEO at a sweet discount. To the charts we...
Fixed up a afternoon delight of XRPUSD for you. Here's a short term XRP technical analysis. If you like, please feel free to hit the thumbs up button. Here we go. This one almost looks like a coin toss right down the middle. We're taking a look at the 4hr charts on this one based on the Binance exchange. XRP is currently in a downtrend channel we see drawn on the...
Fellow Cryptonians, Cryptonites...People of crypto...(Hi Alfie). Watching BTC very closely right now. Switched from the usual 4hr chart to the 2hr chart on this one. Watching BTC at the $9400 level, really hoping for a bounce back here to complete the Inverse Head and Shoulders pattern we see drawn on the cart. Some other guys also have the inverse head and...
Stepping right into it, NEOUSD looks to be forming an Ascending Triangle Pattern during this run. This is usually an accumulation period in which we see volume contracting, which we have seen. Once breakout is confirmed (would like it to breka $125 levels) we can expect NEO's next stop to reach around $155+ levels. I am currently long on...
Waiting for the SC to break out of the short term downward trendline and keep following the long bullish trendline support levels. We see Fib retracement towards the 475 levels. Watching this one closely over the next 1-2...
Nice and Simple. Bullish on NEOUSD Long. RSI Looks healthy along with MACD levels and trend line continues to hold. Hoping to see a break at the next resistance levels around $135 range. Bought at $25-$35 levels. --- Not a professional. Content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis...
Simple moving averages for 10,20,50 have all been crossed. We see resistance building up around 500 levels. Volume also starting to build up a bit. Could see a breakout through resistance in the next few days. Stops at 580/720/850.