Keep this one on your radar. Ont always has good price action Give it some time. Looks like it's getting ready for another breakout. Don't trade it just yet. Wait for the 200 ema (blue line) to get underneath the price and for the 55 ema (orange line) to cross the 200 ema Remember to wait on this to see where it goes, there is a possibility that it fails. I'll be...
Strong bearish divergence on the RSI Aiming for the .5 fib level Tip: Always ladder your buys, never go all in at once. Buy in, if the price drops lower then buy more. Continue to buy at each support until it bounces up
Two possible outcomes. We bounce of the red trend line or we bounce off the 200 ema along with previous resistance acting as support. High probability that we will bounce at one of the two
In my last XRP post we are able to get in right before the surge in price. I think there's still room for profit. Target zones are indicated by the arrows and Fibonacci levels (.5 and .618).
Bitcoin has broken the main trend line however we need to establish a higher high. A bear market is characterized by lower highs. A bull market has higher highs. In order to establish the next bull run we need to establish a higher high than the previous peak. The solid black line indicates where that point is which is at exactly $9185. If we can break above...
Hovering just above the 61.8 level. We could see a nice bounce from here
I've already made a post about iost but we're right at support and it's going to pop anytime soon. Check out my last post on iost, Retraced back to support like I said it would. Now it's ready to go
Think we're about to make the next run within these next few hours Excited for this one
Previously broke out like many other coins but I see a small correction coming. Weak crossover on the macd Rsi going down Trend line support + 200 ema support at buy zone My trend lines are clones of the bottom trend line so they are at the same angle. You can see how the lines are establishing points of resistance. Now they we have that set, we can use them as...
EOS currently sitting on top of the 55 ema and on support on the RSI. Because we are finding support on this candle and the previous candle I think it's a good chance will retest the previous high. There is however a chance we are only able to get a small 5% bounce from here so be sure to monitor your trade. If we do end up breaking through the 55 ema then the...
LTC has definitely lagged behind all other alts but I think it's finally ready to start moving again. Because btc has been moving sideways lately along with rapid up and down spikes we'll have to see how btc affects the market. If btc slowly moves up then I think that will be the signal for ltc to start running. LTC at this price is steal. I'm sure in the long...
Nano has been building up pressure for quite some time. On the left side of the chart you can see bullish divergence forming prior to the 20%+ spike we've seen recently. For those of you that don't know what bullish divergence is I'll explain. Divergence is when the price and the indicator are moving different directions. You can see on the RSI we were making...
Risky trade but I see it bouncing off the 55 ema and heading for that red trend line. If it does bounce and reach the line then we'll have to wait and see if it retraces back down or pushes through onto the next trend line
Using a 1 hour chart. The 55 ema in orange has crossed the 200 ema in blue which is a very bullish signal. If you look at many other alt coins that have exploded in price you'll see the exact same thing. The 55 and 200 ema's cross and what follows is a bull. XRP has reached over $3 in the past. Currently we are at .49 cents so there's an easy chance to double...
Another golden cross on the 1 hour chart. 40% - 60% short term potential. As I said in my post on XRP the 200 ema is a powerful support and resistance. I've pointed out the many times the price has tried to break above the 200 ema but has failed. There was a small break above the 200 ema but ended up being a bull trap. This was avoidable by noticing that the 55...
Currently MANA is trading at the top of it's channel which will likely produce a downtrend. Because BTC rules the market and I am expecting BTC to continue to go down, alt coins will follow. You can see on the 4 hr chart that two candles have long wicks touching the top of the channel. This means many sellers are in that area and not enough buyers. I plan to buy...
BTC is still bearish and will likely retrace back to 6k. You can see it has made numerous attempts to get above the pink channel line but has failed. We did see it breakout on at the beginning of March but ultimately failed. I've indicated the buy zone that extends from $6,000 to $5,300. Those lines are based on the most recent dip and the price action of mid to...
We're seeing consolidation on the 1hr chart which is not only healthy for growth but also a good sign that a price break is coming. The blue 200 ema which is right above us having been giving trouble to the price which has struggled to stay above it. So the 200 ema is my short term target.