SunnyBha

SunnyBha

Please refer to my previous litecoin chart years ago. It’s clear we had a rally. We are back in the buy zone again. Anywhere between here and $50 is the buy zone.

SunnyBha

EOS had a massive blow off top and has shown nothing but weakness since then. It has also falling out of its multi year uptrend. Currently sitting on support at $1.36. Slightly outside of the bollanger bands, and oversold, which could mean a dead cat bounce to the top of the long term trend line at around $2.00, if it holds. If not, next level to look out for is...

SunnyBha

Volume has increased substantially since my last analysis and clear that enthusiasm has shifted. EOS met the last target and surpassed it. Currently in a bull flag formation and has also cooled off —back within the bollanger bands. New major resistance is at around $5.00 and will be the new target. Must stay above trendline otherwise eos will fall to the moving...

SunnyBha

Hi everyone, EOS has overcome many points of resistance in the past few weeks. It has finally printed a candle above the ichimoku cloud on the weekly. At the current, testing resistance from previous candle at $3.60. Once it overcomes that price, it will head towards $3.96 where it will likely meet resistance and fall back to the moving averages. If it bounces...

SunnyBha

Hi everyone, Bzrx was listed to binance on its way down after a major move up. It is currently in a large falling wedge which is has broken out of. Currently resting on a major support level at near .19 and is forming a move up to .24, a potential 20 percent move. It has to clear resistance at the 2 hr 21 EMA first. It will not move up in a straight line and...

SunnyBha

KMD is has just made contact with the trendline hovering near the bottom support. It is bouncing up and down, winding and may break out of its triangle. Since it is near support this can be a decent easy trade at least to the top of the triangle. Btc has also likely topped at this time. If it breaks downward, please ensure a stop loss is secured. KMD/usdt has...

SunnyBha

It appears that litecoin may see a massive rise at the end of the year, potentially leading to a multi year bull run. I am cautious and somewhat skeptical. I think we may have to watch the charts for a connection with the long term trend line which may provide a good entry. Could be anywhere between $34-45, but I believe $40 seems about right. Watch the trend line...

SunnyBha

Litecoin seems to be following a similar pattern to when btc previously crashed to the 3k region (see circled). It seems like in a week or two we may have a big move from btc which will dictate which direction the market will be heading, but I do see some bullish developments in the making. A few key resistances highlighted to keep note of, buying and selling points.