RickRolled

RickRolled

Another favorite of mine is ETH. Primarily due to the amount of real world use of this coin. It leads all token generation. They have some scaling issues to sort out which was evident during ICO mania slow-downs. As far as the chart goes, price is heading toward the December spike low (purple horizontal). A break of this support level would see it head toward...

RickRolled

Thought I would post a NEO chart since its another alt that I like. It is rather attractive to investors in that it pays dividends (GAS), that said, for it to survive long term they need to launch more tokens. Price is heading toward the previous trend line (purple) which is coincidentally near the 0.786 fib retracement level. Keep an eye on price but take...

RickRolled

At the previous February 6k low, price touched the long term channel (purple). It will likely soon re-test that channel. Watch closely at the 6800-7000 area to see how strong any buying volume is. If we see a huge buying spike like the previous 6k low this may signal a bottom and trend reversal. However if buying volume is average, we may have a lot further...

RickRolled

The market has been drifting without purpose for some time now, but is finally approaching a critical decision point. This is a LOG chart of BTC, showing long term trend line ahead (grey) and a series of lower highs (purple). If both lines are broken, we are on the way to resuming a powerful bull trend. The opposite is also true. Note we already broke out on...

RickRolled

This is unacceptable. Regardless of fat finger, operator error or otherwise. The data appears only on the 1 minute chart. Only on Binance. No other exchanges. Be very careful using Binance.

RickRolled

There has been a fair amount of buzz surrounding LiteCoin recently, including speculation surrounding LitePay for retail transactions. Price appears to be following a predictable TA trend, where it is bouncing off a series of resistance lines that stem from a key axis point. We are currently bouncing from resistance at $253. The previous resistance level of...

RickRolled

Price has now broken out of the recent down trend line after a week of consolidation. Bitcoin is looking bullish again, however we are still technically in a bear market. Look for a strong reversal at the 10k or 10.5k levels.

RickRolled

During low weekend volume, anything can happen. Especially if the sleeping giants awaken. Alternatively, a bounce here would be rather bullish.

RickRolled

We are currently testing the former December support level between 8100 - 8300 area. The former upward purple channel has been broken through on a short term timeframe, look for price to consolidate under this to confirm a down trend. A solid break back above the purple channel and consolidation pattern above it, would indicate strong bullish sentiment. If we...

RickRolled

Potential head and shoulders short to re-test lower channel. Let's see if BTCUSD breaks lower here to continue the H&S pattern. The lower wedge trend line sits at around $10,700. Note we really need to re-test the wedge breakout to confirm a healthy uptrend anyway! If the lower channel breaks, we are headed to re-test the $10k tether support fund, followed by...

RickRolled

Rinse and repeat. Another bearish pennant consolidation. Keep an eye on the pennant breakout, it could go either way from here, most likely down.

RickRolled

Key resistance of $13,000 has been broken and the market is now attempting a retest of the $12,000 level. A bearish pennant is forming, which will likely result in another strong down test of key support areas during the New York session. Key support lies at $11,000, followed by $10,700 (long term support) and then $10,000. If we see longer term candles close...

RickRolled

Blood bath underway. Dam wall has broken. Look for a bounce from round numbers or off the descending channel bottom.