The market may find support above the current fibonacci level, but I am willing to bet that we retrace to a lower fibonacci level. The MACD MA is about to cross over on the daily level, which may indicate a shift in trend.
It seems to me that factom is still bullish after passing through the 200 MA. For anyone who bought in the demand zone or at a lower price, I would continue to hold as we may revisit the 0.382 fib retracement level due to the size of the descending wedge that was broken out of.
Possible cup and handle on the XMRBTC chart.. will be watching :) Fundamentally, monero is looking stronger than ever with it's recent multisig implementation, and bulletproofs slated for release in March.
MACD MA crossover on the weekly level, seems like good times are ahead for XRP holders.
MACD MA crossover on the daily level, look for a buy opportunity IMO.
Monero may possibly break out of the long term channel. I will be looking for rejection or a trend continuation sign (bullish flag / pennant forming above the trend line, and the 0.618 fibonacci level).
The rising wedge appears to have broken out, target $12kish based on the range of the wedge, which also falls nicely with the long term 0.382 fibonacci level and 200 MA (4hr).
I see an ascending wedge on bitcoin, hoping that we finally see a breakout and some correction for a nice buy in the marked demand zones. MACD MA crossover may happen soon, which would be another good indicator.
The marked demand zones are where I will be looking to buy.
I believe that in the long term, ETH is still within a bullish channel. However, short term I believe that we may return to a demand zone or at least have a fibonacci retracement before more bullish movement. TL;DR, short term bearish, long term bullish. I am looking to buy in the demand zone, as drawn.
Ethereum classic is right at the top of a demand zone, and IMO a very good buy opportunity at the moment. Low RSI, MACD MA crossover about to happen on the weekly chart.
Descending wedge on IOTA, target 0.0005+ BTC if it breaks out.
I still stand by my previously posted BTC chart, and believe that BTC is due for an elliot corrective wave down to the demand zones. Watch for a breakout of the ascending wedge for confirmation of a bearish short term trend.
I am looking to buy more monero at the marked demand zones which fall within the long term channel.
Bitcoin 10k, then we will see a elliot corrective wave pattern IMHO. We are seeing hidden bearish divergence on the weekly level on RSI. Will be watching for a MACD MA crossover on daily, to signal the change in trend. Don't buy the short term top ;)
As XMR/USD has seen significant resistance at it's old high of $155, I see a possible cup and handle formation on XMR/USD if it breaks out of the ascending wedge. However we could also have the typical ascending wedge breakout scenario, and possibly revisit the $95-85 area. I won't hold my breath though, and will be looking to buy at $108.25-$98 (fibonacci...
I see XMR/BTC finding support at the lower end of the long established channel. I also see bullish divergence on RSI at the daily level, and a descending wedge that may break out. With BTC/USD falling, It seems like there is a very good chance for XMR/BTC to rise and consequently, it's USD value to return to the old ATH 2.63% or make a new one. Updated fib levels...
BTC/USD is looking like a decent short to me. We cannot seem to break the top of the well established channel. I see bearish divergence in the RSI at the daily level, I also see an ascending wedge that can potentially be broken for a nice breakout short. I will be looking for a buy opportunity in the demand zones as drawn. I suspect heavy support around these...