Steem is forming a base. Has been quite a long term correction on the 4hr. You want to look for a solid base to build from.
Metal doing quite well. Dont see a lot of people talking about it but worth following.
OMG 4hr and daily seeing some buying. When Bitcoin is off these smaller cryptos catch a bid.
Ripple 4hr another rally but no long entry because you cant go against the daily MACD. Looking for that daily MACD to turn. This is where you want to be watching but you don't want to guess what it will do.
Bitcoin daily and weekly both showing bullish momentum.
Ripple is having a little rally on the 4hr but you cant go against the daily MACD. Lets see when the daily MACD starts to bottom out.
Ripple has pulled back below the target now. You don't try to guess when it will find support now. You just look at the indicator for a bottom reversal. This is why these smaller cryptos are better suited for short term trading.
Bitcoin 4hr & daily seeing some profit taking. Consolidation after a strong rally is good in the longer term. It shows that the longer term trend is sustainable provided there is no change to fundamentals.
Ripple 4hr has pulled back to the lower target. A break below the target is more of a longer pull back. It looks like it will on the daily.
Ripple 4hr had a false breakout because there was not enough momentum on the daily to carry through.
Veritaseum building a good support base although choppy on 4hr. Will be very interesting to see if this is a sustainable daily uptrend.
Litecoin 4hr is pulling back in consolidation. Daily is bullish. Interesting to see how this goes in the week ahead.
Ripple tested down to our target on the 4hr. It is still a consolidation on the 4hr and daily.
Bitcoin 4hr profit taking. Potential pullback looming. Target zone is just a guide.
Bitcoin 4hr and daily holding the breakout of the consolidation. Looks like it could be a weekly consolidation breakout. Not confirmed until the weekly candle closes.