Litecoin crossed 200d MA on daily chart and confirmed it with one candle which closed itself above that line (January 24th).
On 4h chart LTC is above 200 MA for 6 weeks already, and every time LTC crossed that line in the past, it either jumped with skyrocking % or dropped considerably.
Since December 10th till January 4th LTC formed Bullish Triangle...
It seems like bullish Triangle Fomration is being formed in GameCredits.
Upper resistance at 2640 sat. And another 200dMA resistance area (I dont know where it will be exactly on the breakout day) slightly above.
Target at around 3500 - 3600 sat.
IF the lower support line of this formation will be broken, then that idea failed and is no longer valid....
Chainlink bottomed at 10,361 sat. and jumped upwards to 13,587 sat. right after. This line is very important because this reversal is lining up with 1st smaller wave bottom, which implays that Link is (or can be) in 5-waves of wave C correction. That reversal is also 200dMA resistance line on 2h chart, which Link failed in crossing. That's why I'm leaning towards...
Bitcoin's still in bearish market, as it has lower lows and lower highs.
Another indicator may be that it failed to break-through that 200d EMA line. In 2017 bullish market BTC was above that line for quite some time.
Now we have either a big Falling Wedge Formation or big Descending Triangle. Hard to say as that lower line is tricky.
Next target is ~$5,650...
BitcoinCash failed in breaking through that Falling Wedge Formation, and crossed 88,60% correction again.
BCH final destinotian may be 94,10% correction and strong support line below. It will be a good buy-in point in my opinion as BCH is highly responding to Fibonacci lines.
I’m not a certified financial advisor nor a certified...
Ethereum is in downtrend channel and it's getting close to a major support line.
Good area in taking position would be around $191-203, which are strong Fibonacci line and support line.
ETH also has a low RSI below 30.
Stop-loss, as always, is a must.
I’m not a certified financial advisor nor a certified financial analyst. The...
Ripple is going lower and lower, and as for now it's at the price of around 4400 satoshi.
It has not reached 88.6% mark yet and I think that it can go even lower than that.
In previous 8-waves movement it reached high of a 24343 satoshi, then corrected itself to 1251 satoshi which was over 94,10% correction.
I'm anticipating similiar situation here. Since XRP...
AELF reached 115% of correction at 4830 satoshi.
It's still fighting with 30d EMA line (green line), and crossing it would be a decent buy-in point with stop-loss below and in shorterm as we're still in bearmarket.
ELF seems to be consolidating. Best buy-in as for now is at 115% Fibonacci line, next one is at All Time Low which is 4160 satoshi. At buy-in, RSI...
IOTA is in Falling Wedge formation, which should be a bullish one if price break that upper resistance line.
To catch another bullish move is to buy IOTA at Wedge lower support line. It may be between 5500 and 4750 sat. (depends where it will hit).
It can have an upward bounce at 6800 satoshi, but that second line at around 4750 is a better one in my opinion. As...
SiaCoin reached over 94.10% correction (68 satoshi), which is a very deep one. After that it reached a high of 113 satoshi.
It also has a nice support trendline below that 94.10 line, so SC can bounce up and down for quite some time.
I would wait for it to be oversold again (RSI below 30), set buy-in at 94.10 or at that trendline (which would be even better), and...
Is Lisk worth $1,4? I think it's worth a lot more than that, but we may see it's price at this level.
Volume is still weak and RSI has a problem in reaching 70 points mark for a long time.
It bounced upwards from $2,34, which was also 94.10 Fibonacci line, and reached a high of $5,39 (one could gain a 100% profit there).
But as of now it again crossed 30d EMA...
Monero is in a bearish channel as it has lower lows and lower highs one after another.
It bounced upwards from $77 and reached a high of $130. So one could make 80% profit right there.
In my opinion it has not reached the bottom just yet. It has broken through that Falling Wedge formation, which was bullish from the beggining, but that breakout was not a major...
After huge dumps in May, Metal seems to regain some strenght.
Volume is steadly increasing, and it seems like that curve would go upwards eventually.
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis...
Ethereum is in bearish channel, as it may go up to its upper resistance line, I'm anticipating that it will bounce right off it and reach $191 mark.
Almost every coin in this bearish market reached 88.6 % of correction, and I dont think that ETH will be different.
It has a quite support lines there also, so if it holds, we can see a bullish move...
I'm waiting with my position on POWER LEDGER, as it didn't close that correction as I would like it to (which is 1:1 to previous correction).
Always invest accordingly to your own rules, and never break them (it's the hard part). In bear market I'm looking for coin with decent volume, I'm waiting for low RSI, strong support lines, Fibonacci levels and 1:1...
Ethereum is bouncing back and forth in that big Triangle Formation.
Nowe it's close to bottom support line, which may be a trigger to another bullish move.
As always play smart with Stop-Loss as we're in bearish market so it can go both ways.
I’m not a certified financial advisor nor a certified financial analyst. The contents posted...
Bitcoin bounced off from $5,858 and reached almost 27% of gain at $7,430.
RSI is quite high, but it can make another push to 70 RSI (it's at 62 right now).
That resistance line, which is Triangle Formation upper line, is quite tough nut to crack.
I'm anticipating BTC to go lower for another check of $6,000 $5,858 $5,755 and finally $5,500-5,600 lvl. which is...
Steem is still in a correction but it found nice support line at 13k satoshi as for now.
It's highly possible that we will see 25k sat. in that next upward move.
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any...