Verge seems to be dying a slow death.. lower lows after each attempt to go higher. down down down. Ouch. I'm glad I abandoned this coin when I did a long time ago. Buyer beware!
While reviewing my portfolio today and seeing almost everything in red, I was evaluating which coins are still performing well while the market is down and GVT came into my view. In some cases I'm interested in finding coins, like BTC which are down only 5-10% while other coins have 10-30% daily losses. In my case, this tells me by holding a good portion of coin...
After breaking out of the current Ichimoku resistance cloud, I see the potential for us to rally to $275. This may take 5 days before the breakout begins and another 5-10 days before the target comes into sight. After the previous rally, we are currently forming a wedge or a bullish pennant, depending on how you look at it. This bullish pennant if we break...
It's been a tumultuous correction, but it seems we're finally ready for the breakout and the new all time high.
I'm speculating that LTC may make a second run, like the last rally before the BTC market correction that sent everything into a correction. Note the volume and speed at which the prior +254% rally began and the current rally. They appear to be similar. From there, I measured the length of time and height of the prior rally to guess where we may go. Even if we...
Inverse H&S appears to be near completion and the second shoulder is a small one, telling me that the downward pressure is weak. This may also be solid confirmation of the trend reversal during this previous consolidation period. My target is 84 hours as my experience shows that our rallies begin Thursday evenings (9pm MST) and run until early Sunday AM usually.
Litecoin bounce has completed, one of the top performing coins in my portfolio in the last 24 hours. I just bought another 50% more for my portfolio from coinbase and holding in Litecoin for the night. Let's get these rallies started!
IOTA appears to be ready to take off after completing the Inverse Head & Shoulders formation. Looks like we'll also see a little throwback to the neckline before we move upward. Might be worth waiting a few hours before obtaining a position here in order to maximize gains.
Like BTC, ETH has formed an inverse head & shoulders formation. This actually happened before the completion of the inverse H&S on Bitcoin, which is a sign to me that ETH may start to lead the market. This trend reversal will lead to a +26% gain within the next 12-16 hours. Keep an eye on it. We're going back up, unless the bears really try to stick it to us.
Long term history of growth. We are forming a bullish flag again and will continue growth as soon as we break free from the bullish flag. Ichimoku confirms we'll bounce of the support shoulder and rally upward for +9% gains.
Bearish Flag in place for the next drop and the flag appears to be broken. Down we go!
Inverted cup forming, maybe a handle and will lead to -33%. Wait for it and you may have a good opportunity to buy XLM on the cheap..
Bullish pennant after large flagpole has been broken to the up side.
Just what I see in the charts. Looks like there is a good bullish flag that has been broken top side..
This may take some time to breakout, maybe a few hours. If it breaks out on the up side, we may very well see gains of +16% shortly after. I've doubled my target time and put a rough estimate on possible breakout after the next bounce off the ichimoku cloud (very rough estimates, hard to guess on 15m charts).
Here we go.. Inverse H&S has broken upward..
Neo has been stuck in a large wedge during this consolidation period. It appears to be on the verge of breaking out for a +107% target.