Nano came through and touched the top trendline for a 3rd time.
There's some bullish divergence being seen but nothing crazy.
Would like a bounce off of the bottom to get a good entry, but will enter upon break if we don't get a clean bounce.
First price target at $7.38
Let me know what you think
Very clear ascending triangle forming on the 4hr
Hoping a BTC crash doesn't ruin the parade but Alts have been holding strong IMO
Be sure to wait until engulfing pattern to enter.
First take profits upon break upwards is $1687
Also yes I know most would enter upon break of the triangle but getting in early here is better imo. Worst case for me is I sell on...
Ethereum has finally broken through this significant Fibonacci Level on the Weekly chart
I think we should blow through resistance up the the 2.7k range (2nd Fib Extension) before we see real pullback. Maybe even higher.
ETH has been very conservative over the last couple weeks despite the rest of the market beginning to take off. I think this was great and...
Ethereum forming a pennant. Bearish RSI Divergence Spotted
If Ethereum breaks into/through parallel channel it's likely we will fall into support around the $1000 area(hopefully) if not then maybe lower-mid $900s
If ETH holds the channel then we will likely see a retest of the $1340 area and possible a test of the ATH
Let me know what you think.
NuCypher has been funneling into this range over the past two months. It's undervalued in the current market.
I'm also seeing signs of bullish divergence in RSI.
I think a pump is imminent and I have my price targets around $.80-$1.25 in the coming months.
Let me know what you think!
Strong bearish RSI divergence on 4hr
If candle closes in a shooting star I expect mega correction
Remember however BTC is the boss and does what it wants to, this bull run IS NOT over whether it corrects now or not. BTC has easily been breaking RSI patterns and it may do it now. just be prepared for either way it goes, but if shooting star closes, I'm...
Bitcoin looks to have printed a Head & Shoulders pattern on the 4 hour as you can see.
Now looking at the RSI I have marked the bearish RSI with the yellow lines, it is not looking good for bitcoin.
More downside for bitcoin would be healthy and would allow for a great transition to an alt season in my opinion. However if it breaks this pattern I expect...
XRP is currently repeating a similar price action and volume path
I believe XRP may see a price increase soon. RSI showing similar patterns as well.
As long as no bad news comes out (Sigh) I'm seeing upside?