Took previous low and formed SFP, candle body closed above. Next obvious resistance is the 1.618 fib, in confluence with S/R flip. I would not want to be too overexposed in current condition, btc looks like making big move soon. But this trade worth a try. Stop loss in place
Well we all have to admit XTZ has a pretty nice run after the break of ascending triangle on March. This is one of those coins I'd be willing to keep as long term investment.
Demand area marked by blue box and I'm looking to enter on the retest of the gray line. If price shoots right away I'd be looking for a buy on the retest of the pink box.
Today featuring KyberNetwork which pumped 200% before... Now let's see what progress it has made so far. Price retraces to 0.618 fib (golden fib). Based on textbook theory, it should start heading up if it still wants to shine. 0.618 fib is also in confluence with the daily Bearish OB. Stop loss at 5322. First TP 7713, Second TP 8758. Honestly don't want to...
Look at the highlighted blue box pattern... Will history repeats itself this time? Hate to say this but if price closes below 3900... GAMEOVER. Notice the bold green S/R Flip which was deemed perfect ended up getting crushed in the end?
But if price manages to push up, we can see 4100! Stop loss in place, folks
BTC has been ranging for quite some time. Cleared all my old chart and redraw new analysis on this. Higher TF gives much better picture and confidence wherever it will go. Price moving inside triangle ready to break up / down. One high taken but no lows washed out yet. Yesterday's darth maul candle is nothing if you zoom out. Series or higher lows waiting to get...
Another chart worth looking at is WTC. Volume these past days is very encouraging, spot that perfect double bottom. Launching of Bamboo Wallet, Main Net also coming soon! I love it when FA meets TA. I'd like to see it breaks 3500 sats. TP1 3800 & TP2 4200
Broke out from falling wedge. Price has successfully closed above 100MA in daily chart, did perfect retest and continue to climb up. First area of interest will be 82 sats. Note that this is a low cap coin, big money can easily pump it up.
$HOT chart is smoking hot rn. Nice consolidation with previous bullish OB as support. If BTC doesn't tank, this will run. I expect price breaks above the OB and raid those equal highs as 1st TP (42 sats). Stop loss below the OB.
VET is one of those coins who has a pretty strong fundamental here. It's a great project, obviously. As we can see price has been accumulating since last year. There are plenty of room before the next resistance. I'd like to see it breaks 127 sats, but before, a test to 106 support is likely. Safer play would be waiting for the breakout and buy on retest.
I have to be honest 0x looks juicy but daunting to trade at the same time.. Falling wedge in confluence with horizontal support. If this bounces, it'll be hard. I'd be targeting 0.618 fib it it bounces as TP1. BB Bands can't get tighter more.
Positive news coming out for STEEM. Mainnet launch due date is 24th March. Price is hovering on resistance (S/R flip). If it breaks,first target will be 0.0001515. However with this bullish news coming along the way, chart looks great, I believe price could easily get to TP1.
I'm looking for a long if BTC can close 4hr candle above 3800, retesting previous OB around 3870. Meanwhile I'm more inclined to bearish scenario due to BTC closing daily candle under diagonal support line on daily chart. Looking forward to 3600.