Shwayze

Shwayze

Pattern turning out to be true, previous support turns resistance looks to be causing a short term downward trend. IF this turns out true, we have potential cup & handle formation, which would make sense for overall bearish mid-term trend, with a potential bounce upwards to 50% fibonacci level / 61.8% fibonacci level. IF pattern = true, great potential buy in...

Shwayze Updated 

Since inception, ETH climbing steadily with major downtrend recently, surpassing 50% and hitting major resistance at 61.8% Fib levels, all the while creating a falling wedge pattern. Indicators point towards heavy purchasing and potential reversal at this point. Wait until resistance lines break for confirmation, as this could still fall to the next Fib level...

Shwayze

Over last couple weeks we have noticed a falling wedge pattern on most coins. Overall bullish market may resume, as our current downtrend breaks current trendlines upwards. On Daily Chart, we see it has closed above, and as we see RSI move towards overbought, we may see a slight dip downwards to test resistance levels again. If we stay above previous resistance...

Shwayze Updated 

I see ripple consolidating right now, we might be able to see another push before March. I see the price dropping, and it could drop down to $1.74, or even down to $1.38, before we see it spike up. These coalign with the 50% and 61.8% fibonacci levels for a retracement pattern. We should see the pattern return to the channel before a continuation pattern breaks...

Shwayze

1 week chart shows amazing pennant, a bull flag pole, followed by consolidation and another breakout. Although breakout is currently underway, it will consolidate soon. I am expecting to take profit around .60, which would match the previous breakout. The initial breakout should match the following breakout if pattern is true pennant. We shall see!

Shwayze

VZ has had a good run, while other tech stocks plummet, VZ seems to be holding on to its lead. This is the third time it battles with the $50 mark, while it's latest cycle downward has bounced and hit this resistance line. If resistance is broken and VZ actually closes above the 50%, we can see good upward movement. However, expect stock to linger, perhaps...

Shwayze

Hits resistance and top of trend pattern, could find way to mid-bottom channel. RSI shows slowing momentum, look for reversal sign. Minor correction. Watch for breakout upwards. Continuation of prior trend, prepare for bull trap.

Shwayze

The downward pressure has pushed OMG to its 61.8% fibonacci level, creating a buy opportunity. Now we should see it rise to its 80%, 100% or 160%. However, an upward flag pattern appears, which could mean we have one more opportunity at the previous low, before bouncing upwards again. If the pattern breaks previous resistance, this creates new buying...

Shwayze

CVC long term 3hr chart showing downward trend with possible reversal signs. Signs indicate a possible breakout upwards, over long term. Will still continue it's downward trend, with even possible lowers first. Look for buy signs of double bottom and or trend patterns. Short term, will be short. Long term, looking for a bounce back to a 50% retracement...

Shwayze

An update on an older pattern drawn, still sticking to same pattern. There is a definite rising wedge developing long term. Along with the decreasing RSI we should see a drop of this industry overall. QQQ we should see a correction downwards, by end of Q4.

Shwayze Updated 

Looking at this chart, we see a rising wedge formation. The general uptrend remains unbroken, however recently, the RSI is showing a bearish divergence. Basically as the price goes higher, the volume behind that price is slowing down. These are both signs of an upcoming reversal. Knowing that this stock is heavily invested in Tech, I would expect this to...

Shwayze

Trendlines drawn since beginning of year. Fibonacci resistance level hit and skyrocketed off - short term 61.8% line was hit and price rocketed up. Overall, the bottom trendline is far from hit, and the market can still correct. Currently, BTCUSD is in a consolidation after a crazy down followed by an up that seems to fast to be true. We should watch for...

Shwayze Updated 

Third time hitting resistance level, volume is slowing down, and a triple bottom could occur here. A reversal will only happen IF the third bottom coincides with a breakout pattern from resistance. Most likely we will see resumption of trend, as this is a bearish flag. The bearish divergence appearing on our charts at the peak of BTC has led us here, so what...

Shwayze

GNT seems to be consolidating, and has definately broken through the bearish momentum on 8/20. Since then, there has been some major consolidation. The general trend is breaking upwards, but it has several areas of resistance to break in order for us to consider this a serious long. It has already broken through almost all fibonacci retrace levels, therefor...

Shwayze Updated 

I WRITE SHORT, because this is looking at immediate future. This overall analysis (longer term) is LONG. This is a very bullish coin. These are estimates with trendlines for new resistance zones, and potential buy ins if not already invested. Still consolidating, reaching new high gives us new targets. On the chart we see some patterns developing. Previous...

Shwayze

Previous downward trend broken, but unconfirmed. We are setting site for resistance at previous support levels which will now play as resistance, 7200. If resistance is enough, we should see consolidation, but along new upward trend. This could be enough to get reversal. With enough momentum we could see 8500, and eventually 12700. Overall ZRX is still...

Shwayze

Based on trendline patterns, we see bearish divergence which brought us to this point. We now see a smaller bullish divergence forming, with a potential double bottom. BTC is hitting resistance! So the answer is... Sort of. We should see a bounce off this current area, upwards. But unless there is some real volume behind it, we are due to hit the next fib...

Shwayze

Knowing that SING is now involved with both cryptocurrency and marijuana industries, having partnered up with BITCF (previously charted and took off. These companies are starting to make headlines in a strange way. They are in the game of funding the marijuana industry with blockchain technology. Weed coin is available on exchanges now, and the ICO launched...