Siacoin has been in a MASSIVE falling wedge since its inception on Binance. We can see bullish divergence on 3 day rsi and we are touching the bottom trend line of this wedge we could see a MASSIVE reversal with 3x gains if not more. Long term idea
Hello guys here is why I think we are going to mini-moon in the next month or so
1. Have been bleeding for a LOOOOOONG TIME
2. Trading and holding above 200 EMA for the first time in a loooong time
3. Bullishly broke a pennant pattern yesterday
4. 55 EMA Bullish crossed with 100 EMA (Pink EMA line) (Daily TF)
5. Broke and held 2900 resistance which is now...
We are currently starting up a 5th and final impulse wave up inside of an ending diagonal. It is unclear where wave 5 could end up finishing off.
The first spot is the 64-65 dollar range where there is a resistance area (indicated with a white line).
If we break and hold above that resistance the next target is 70-72 dollars where I am positive...
- BTC trading within an ascending triangle
-Using 13 EMA as support
- Have been trading and holding above 55 EMA
- Current resistance is the top of the triangle and the .236 retracement mark. (4200 area)
- If we break and hold next target should be .389 retracement mark
-NOT Financial Advice
Siacoin bullishly broke a descending triangle a couple days of ago and it seems like we will be holding up. The first target should be 90 sats since the height of the triangle we broke would take us there. The next targets after should be the Fibonacci levels indicated. Stop loss 60 satoshis.
Note- I am not a financial adviser nor do I provide any financial...
Could we see a big move sometime today? We are trading within the barriers of a descending triangle (usually is a bearish trend but can break in either way). We have a STRONG historical resistance at the 20k - 21k price range (Blue Line). We have a strong historical support around in the 12200-12600 range (The floor of the triangle). I believe a break...
A quick plain update:
1. Wave 3 is still in play
2. Enter: 17-18 sats
T 1: 27-28 sats
T 2: 36-37 sats
T 3: 45+ sats
SL: 12 sats
3. Nothing has changed from the last time I posted this its just a matter of patience.
4. I am NOT a financial adviser NOR do I provide any financial advice. Trade at YOUR own risk. This is a learning...
This is one of the messiest charts I have analyzed. There are reasons to be bullish,there are reasons to be bearish time for me to create a story out of all of this. I color coordinated every on the chart for you too keep track.
The cup has formed but the second half of the handle has yet to form. I believe the 2nd half will form once we finish forming the B...
LTC has been trading within the parameters of a parallel patterns for nearly a month now and we are at another resistance spot. There are many reasons for me to believe we will go down and test the support of the parallel pattern.
LTC:BTC / Binance / 4 HOUR TIME FRAME / Current Time and date, March 7, 2019 5:12 PM EST.
1. We are currently in the 3rd...
Just to update on what I think is going on. This is like my 4th post in the last week regarding BTTBTC Binance. We are in a major support AREA (22-20 SATOSHIS). I'm not a believer in supports and resistances being one fixed price point rather an area. So we are currently testing support, if we bounce up from here our next stoppage is the 27-28 satoshi...
There are 2 scenarios different scenarios I am debating here. The first scenario is the one that is pictured above, where last weeks high would be the end of wave 5 and the start of an ABC correction. If that is the case I don't think we would see 4300, however the Wave C would end somewhere within .5 and .618 fib retracement range.
Good Saturday fellow TRXers, this is more of a short-term trade. We are started to form an uptrend after a brutal downtrend, hopefully you shorted on some other exchange. We are in a historic resistance AREA (I dont like using fixed supports and resistances, rather i like to use areas. I believe we are on the way up from here, the RSI is bullishly diverging as you...
LTCUSD (Binance) is still trading under the 200 EMA, if we break above it we will test and I believe eventually break a resistance at $52 area and we would be heading close to $55 where I am confident we will bounce down at, since its a resistance we haven't hit too many times as of late. We are also preparing to complete a 5th wave, so I am expecting an ABC...
We are still in play for a third wave up which will likely start at the .786 fib retracement level (17-18 satoshi mark). We are still in a pennant and in a parallel channel which I feel we will break upwards at the .786 retracement mark. I would enter a trade around the 17-18 satoshi mark with a stop loss at 12 satoshis maybe 13 or 14, your preference. The first...
This is to piggy back off last nights post, but could we be ending a possible 2nd wave and heading into a 3rd wave (which is usually the longest), if so it would likely make a 1:1 fib extension to around the 45-48 satoshi mark (potentially surpass it since wave 3 tends to be the longest but is not a given it would even reach it). I counted 5 waves up forming a...
BTT is currently trading between the .5 and .618 fib retracement zone after a drop from its ATH and we could expect a bounce up soon. A 1:1 extension could see us going to the 45-48 satoshi mark (but is not a given). 21-22 satoshi area is crucial area, we need to hold and break above 28 sats and hold it for confirmation. The next support zone is the 17-18 satoshi...