ZEC has broke out of a small inverse head and shoulders pattern, i am expecting some short term upside.
The DJI is forming an Double Top Pattern and is also showing a Bearish Divergence on the monthly chart. I am expecting some downside to come.
XRP has formed a Head and Shoulders pattern, a break below the trend line could mean some significant downside.
XRP has formed a double top, I am expecting some more downside.
VZ is reaching an old all time high level and is showing a Bearish Divergence on the RSI (monthly chart), I am expecting some downside to come.
XLM has held up better than many other crypto currency names but it is forming a large Descending Triangle on the weekly chart, if it breaks bearish we could see some significant downside.
It looks like NEO is forming a Head and Shoulders pattern, a break below would signal more downside.
Good morning, It looks like EOS may be forming a Head and Shoulders pattern. If it breaks out to the downside, it would most likely breakout of the double top neckline as well. If that happens i would expect some pretty significant downside, unless BTC holds up.
Hey Guys, BTC is looking like it wants to breakout of this descending triangle, barring any good news, this thing looks like it wants to move down. I do think we are due for a bounce to let the RSI cool off but other than that a breakout of this double top would mean even more trouble due to the significance of the large descending triangle. Stay safe!!!!!
Good afternoon, It looks like Digibyte DGB could be in for some significant downside. A while back this was looking like a Double Bottom but it has clearly formed a massive Double Top. If we break below the neckline DGB under 1 cent is certainly possible.
Good afternoon, ETH has formed an Inverted Cup and Handle pattern, I am expecting some more downside soon.
Good morning, It looks like MJNA has formed a Double Bottom, watch for a potential breakout!
Good morning, This support line is a must hold level for NEO, a break below would most likely send prices to the $6 - $9 dollar range. I am leaning more towards this scenario just because the lack of volume on that last low, certainly didn't feel like capitulation. Unless BTC shows some strength I think we will be seeing more downside. Happy Trading!
Good afternoon, NEO may make for a good trade here if it breaks out of this Inverse Head and Shoulders. Happy Trading!
Good afternoon! BTC has formed a double top, expect to test the 6100 area soon.
Good afternoon, BTC has formed a descending triangle and may be forming a Head and Shoulders pattern. If we break below 6k it will confirm a breakout to the downside of the Head and Shoulders pattern and we will most likely see significant downside. Because the Descending triangle is so big, I personally think 3 to 4 k will be the bottom, barring any good...
Good afternoon, EOS may bounce here, there is a bullish divergence on the 4 hour chart and we are at critical support levels. The daily chart is also very oversold, fingers crossed we can turn it around soon!
Good afternoon, EOS is at a critical level and needs to hold here. The RSI on the daily chart shows very over sold levels so I do expect a bounce here short term, but there is a nasty double top formation that needs to be watched. If we break the neckline things could get nasty quick. Happy trading!