Looking for a positive reaction in this major support zone. Would be a great buy zone if we see a nice big green candle here.
I am buying in these support zones. Waiting for a nice green close in these zones.
XRP has been consolidating here for a few days now. That means this is a region people wanna buy. I am watching to buy more at the 200 ma and watch for a . My stop loss is right underneath the 200MA.
XRP's setup looks good. Nice volume is in and the resistance may be broken. I am looking to buy at the 50MA when the rejection happends
ETH is consolidating to make a move up and break the 200 MA which is pretty bullish. Watch for breakout.
I don't think it will but IF BTC breaks 6k I will buy at this major old support.
Ripple is at an resistance zone that needs to be broken to continue upwards movement. Looking for a tiny retrace to buy.
BTC's weekly chart is looking pretty good. The OBV is making higher highs and higher lows such as the MACD. Next to this the MACD is crossed.
A massive falling wedge has been broken and has a great price potential.
BTC has been making higher highs and higher lows these past couple days. We can also see this on the MACD and the OBV. BT's volume is coming back and a trend is being made.
BCH broke out of the falling wedge with a good amount of volume. Usually a retest of the support line happends after a breakout of the falling wedge. That would be a great entry (purple rectangle)
Watch for a breakout of resistance. Watch for increasing volume.
Stellar has formed a symmetrical triangle which means some sort of action needs to happen when it breaks out. The OBV is making a uptrend (higher highs and higher lows), which means it is being accumulated. Next to this Stellar's RSI is making a falling wedge (already broke out) And the MACD is ready to cross.
When you look at the OBV you will see that it makes higher highs and higher lows. That means that XLM has more buying volume than selling volume. Usually when the OBV trend is the opposite of the price trend. The price trend will reverse.
The OBV line will take on a trend—either up, down, or sideways. When the OBV line is in an upward trend—meaning that each new peak in the OBV line is higher than the previous peak or each new trough is higher than the previous trough—this is an indication that the security is undergoing accumulation or buying. When price moves in one direction and the OBV moves...
We can see a boring upcoming few days here. I am bullish overall. Lots of altcoins are showing falling wedges, some even broke out. The altcoin marketcap got rejected by resistence in a falling wedge. It is now forming a C&H pattern and a possible head and shoulders. Patience is virtue. I believe the bear market ended and we are now in a range.
Watch for increasing volume on the OBV and the Volume indicators. Good volume is needed to realise the breakout.
BTC bull flag has been formed and is ready to break above resistance. Volume is rather low though.