Resolute

Resolute

Simple and self-explanatory. Potential diamond bottom formation for GAS vs BTC. Supported by bullish weekly RSI div and Stoch RSI div.

Resolute

WABI vs BTC chart looks painfully familiar - printing classic Wyckoff accumulation pattern. Fakeout (spring) followed by successful retest of the lower support level. And now bounced off 1D EMA200. aiming at 3500 sats for now & will try to update as we go.

Resolute

- Ascending triangle developed to support bullish Chuvashov fork; Hitting 1900-2000 sat area will further reinfornce the idea of diamond bottom on weekly.

Resolute

Not sure where do I put the target on this one..

Resolute

Another update with my WAN journey: WAN is now showing signs of weakness on BTC chart: Bearish RSI divergencies on Daily and 4H in the making, so I would speculate we may see quite signifincant retracement and find support at EMA200 level, before continuation higher. Long term target remains the same - I'm still aiming at around 6k sats.

Resolute

I'll keep it simple here :) 12M Mcap Binance IEO with active team that hasn't pumped yet; Entire price action range is one giant falling wedge; Bullish RSI divergence on weekly and daily; Bullish MACD crossover on daily; stop-hunt wick - done ;)

Resolute

Comments on the chart, just to add that NEO breakout already occured, and GAS usually follows. Good luck !

Resolute

Like Tomo vs BTC chart here. Looks like it may attempt to reclaim the trendline that broke down earlier. Bullish C-fork supported by inverted Head & Shoulders.

Resolute

IOTBTC weekly chart looks interesting. Bullish RSI divergence on weekly followed by a little bit smaller hidden bearish RSI divergence. So I would speculate that we will see a retracement to have it cleared, followed by a rally supported by that bullish RSI div. 42k sats seems like important resistance area I would be aiming there as target.

Resolute

Not trading this, but for entertainment purposes, this is how I see current BTC setup: Bearish Chuvasov fork supported by bearish RSI divergence on all smaller TFs: 15m, 30m, 1H, 2H & 4H. At the same time there's a small fresh bullish RSI div on 15m & 30m. So I would speculate we might get one more tiny rally before continuing lower.

Resolute

Giant falling wedge supported by bullish weekly RSI divergence. looks good on smaller timeframes as well. Significant resistance at 5k sats, so I would aim there as 1st target.

Resolute

Love this chart :) added quite a bit more on this retracement (730-745 sats range). no changes on the original plan > it's a classic Wyckoff accumulation. Given recent ETH rally, I would exepect multiple other alts to follow and it makes sense to focus on those that are lagging a bit now.

Resolute

A quick update on WAN chart: Given BTC price action and expected volatility, I think Alts will have to take a breath here and cool off a bit. I don't expect the dip to be very violent and laddered my buys 2500 sats and a bit lower. Important downtrend is already broken (also on USD chart) and ideally I would like to see it successfully retested (and buy some)...

Resolute

AION vs BTC chart looks bullish: bounced off EMA200 (should be acting as support now); Important trendline broken, another one still to be taken out, expect rapid rally once that's done. Target for now: ~1900-ish sats

Resolute

There's just one line you need to be concerned about on USD chart, really ;) And then there's this on FA side, to support all the bullishness coinmarketcal.com

Resolute

So no changes on Ontology vs Bitcoin outlook. in line with my previous idea > classic Wyckoff accumulation pattern. Still riding my bag in full. 1st target > 1000 sats 2nd target > 1500 sats

Resolute

SUPERLONG on WAN. Still riding my bag from April and will be adding more if it dips. Final stages of accumulation. - Bullish RSI divergence on weekly chart; - Downtrend breakout looming; - Textbook Wyckoff accumulation pattern; - Extensive list of upcoming FA news & annoucements (check Twitter & CoinMarketCal for details) 1st target - 6k sats; 2nd target -...

Resolute

Well, BTC chart just screams DISTRIBUTION :) Shorting this.