Falling wedge on 1D BTC chart. Every market has corrections after nicely bull
ride. We are preparing for spring/summer 2018 push. Retraced to 0.382 fib level,
first uptrend line still holding the price, watch for that level. If it breaks
look for 0.236 fib lvl and last uptrend line as support. All indicators still going in favour of downtrend, while stichastic is...
Technical analysis: NEO/BTC is forming rising wedge with our last high in 3h chart. We can expect downard movement and
possible retrace to uptrend line before going up again. MACD showing tendence for bearish crossing, and also, volume is
on the lower side, so I don't think we will break resistance soon.
Fundamental these days: NEO DevCon conference is held on...
SCBTC found good support on uptrendline! Also there is bullish crossover on MAs, so we can expect further
up to the 416 satoshi lvl. After that, if we break resistance we go to the local high of 477.
Volume is still low, trade with care
DGB 4h chart is giving us some bullish signs. First of all, price broke up downtrend that lasted for 3 weeks now already.
RSI is showing uptrend making higher higs and lower lows. Also, price broke resistance formed by MA20 and MA50,
but still waiting for bullish crossover on that indicator. If we break up triangle, we're moving to
0.764 fib lvl. Ofc, watch for...
Here on 4H chart I see reversal pattern rising wedge, which indicates possbile corection to
0.23l Fibonnaci level before going up. Volume on DGB is increasing gradually which indicates
good momentum for going onwards in gneral. Also we have to look 0.618 fib lvl and MA50. If it breaks this levels,
we are going to predicted one. Manage your risk
Looking at 4H chart price broke downtrend line and heading up to ATH at 1.10 USD level. MCD and RSI confirms upward movement, bullish crossover on DI, but still waiting for ADX to confirm strong trend. Trade with care. Stop loss should be placed at 0.79 USD
Let's look at the 4H chart. Here we can see a big pennant forming after a huge upward movement, and a small symetrical triangle after recent up 2 days ago. First we have to look how symmetrical triangle will end up, and if it breaks down (most likely, looking at stochastic) we should look at the level of the red trendline, where we expect bounce up and breaking...