bsmpower

bsmpower Updated 

It is staying in this falling wedge for a while now. Since the beginning of May, but not visible in this screenshot. Triangle is getting more tight and it looks it will break-out on enough volume. Maybe the new wallet release and Wanchain 2.0 planned on or before end of June will trigger this break-out.

bsmpower Updated 

WAN is at the end of the triangle. Not sure if it goes up or down, keep a close look!

bsmpower Updated 

ZIl barely holds the uptrend from the last couple of days. BTC isn't helping... If BTC is more stable on the short time (today!), I think ZIL will hold and we go up further. Also the Mainnet release will have impact. Because we have no exact date I hope it won't be a "buy the rumour, sell the news".

bsmpower

Ncash fell through the longer term resistance (black line) but keeps within the more short term triangle. Sometimes it fells through but it closes within the triangle. BTC isn't helping... If BTC wont fall any further, I think Ncash will move further up the triangle and hopefully will break-out tin direction of the upper black longer term resistance.

bsmpower

New idea as my first one didn't seem correct. Got some some inspiration and draw my own falling wedge. Need volume to break-out. Hopefully sooner then later, but with the bearish BTC you never know. P.s. my arrows show a little weird as how I draw them. It shows a possible target when break-out based on the start of the falling wedge.

bsmpower Updated 

Not a lot of information yet to work with. Also not much experience with TA, so this is more for fun and learning! The top line is based on 4h chart, de second trendline based on the 1h chart. The fat black line is strong support at 260 (for now). Hourly is oversold.