Prometheus777

Prometheus777 Updated 

IOTABTC has probably bottomed out, at least locally. Over the time of 2-3 months it formed a double bottom pattern, which finds support in buy volume depicted by VFI divergence over that time span. So IOTA, even if dependent on BTC price (IOTUSD), has probably ended its downtrend in relation to the rest of the market.

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ether levels

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levels of resistance and support

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IOTBTC and IOTUSD had today a very large volume spike, I expect IOTA to grow further in value here. Just a raw drawing.

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Chart speaking for itself, a lot of divergence and bullish inverse H&S pattern on VFI which always preceeds further bullish movement.

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Title explains everything. Could see a bullish breakout from the wedge.

Prometheus777

Monero has been pretty resilient during the market crash and has also regained fast its value. I think this recent dip is just the beginning of a new run. On 4h we are in oversold territory again and at the present moment we seem to bounce here, this would result in massive, bullish inverse H&S pattern. Monero is one of the few projects in crypto space which has...

Prometheus777 Updated 

IOTA major announcements are probably just a week or two away. IXI HUB plugin developed by a team which has made setups for Forex exchanges will allow over 5 new exchanges to add IOTA just per plug&play. New wallet is finally coming out and more announcements to follow. Bosch has acquired IOTA tokens and wants to use them. Giant companies are joining the IOTA...

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Looks like XMR is forming a cup&handle here, could break to its ATH in BTC this time and go into uncharted territory above 100 USD. Looking at the prices of ETH, DASH and Zcash, 200 USD are in a possible range. Bithumb has added XMR and is promoting Monero to its customers, we can expect huge trading volume on this one.

Prometheus777 Updated 

XMR is still inside its huge ascending triangle . Do not expect the pattern to be very clean because of BTC value beeing volatile and XMR beeing traded in BTC nearly 80% of whole volume. Note how everytime XMR touched the support area the RSI went into oversold or nearly oversold, this is repeating right now again, I think the sellers will lose steam here and...

Prometheus777

Pretty simple. 1 Year after XMR got pumped as it was introduced as currency on the largest Darknetmarket it entered an ascending triangle. Now 1 year later with a huge accelerating community and development growth and a ton of updates very soon ahead (Kovri I2P, Multisig, multiple Lightwallets, website Plugins for merchants, payment processor etc.) we can...

Prometheus777

I think we can observe here XMR beeing in a huge channel, which becomes more narrow from day to day. We can see a combination of two bullish formations in one: cup&handle formation inside an ascending triangle . Very bullish on this one because of the TA and fundamentals (largest community and most development after BTC and ETH), still undervalued compared to...