EUR USD struggling to provide any bullish price action
The Eur/Usd pair has been an absolute dumpster fire since the DXY went on its latest tear.
If it can't break up soon, expect yearly lows around 1.10260 to be retested.
A break there and there is basically no limit to the downside.
I plan to look for longs around the yearly lows, but will continue to short...
Seems XVGBTC can never make a move up these days.
200 ema has been above the 50 ema for a couple years now, and showing no signs of reversing
A bounce here around 75-90 is crucial or we may see the buying opportunity of a lifetime around 50 sats
KMDBTC looks ready to run after retesting 2018 lows.
Smart money will play all coins that have swept 2018 lows, keep this in mind.
I expect a test of 33k before a pullback.
A break of 33k will set us up for a moon mission, which this coin clearly deserves.
FUELBTC pair seems to be hanging out in this range.
Bounced beautifully off support, but lots of sell volume on the way up.
If it can break out of this range, be looking for a push to over 1k sats
LTCUSD looking weak after its most recent run.
I still believe there is another leg left with the halving this year, so looking to enter a long position around the $50 region and below, or on a break of the range.
First target $125
Looking at the EURUSD pair on the weekly chart, it seems we are ready for a big move.
Breaking up out of the triangle should send the pair to 1.17 and once that clears, another shot at 1.2.
Stoch RSI is getting into oversold territory, and the volume is finally stabalizing.
If it breaks down from this wedge, I'm expecting to enter at the green line below.
KMDBTC has had MASSIVE volume on Binance.
Chart is on Bittrex for a better history of it.
A move to resistance at 45k or so could be the makings of a beautiful cup and handle.
A break below 22k sats will cause it to potentially fall back to sub 20k.
This is a long term bag for me, will be accumulating for a while.
One of my favorite projects in the crypto space is the Komodo Platform. Rebranding on 12/31 and a great looking chart.
It looks like it could take off at any moment but has been consolidating for a while now.
A break of 22k or so should result in a run up to 33k sats.
This is where I will take some profit short term but with this project I always keep a moon bag.
NEOBTC is sitting on its last line of support on the daily chart. If you were to buy into it, now would be an optimal time.
I would recommend setting a very tight stop loss, as if this support breaks this could go down very hard.
The hard sell volume recently does give me cause for concern, as it seems that not many are looking to buy yet.
On the Ichimouku...
POEBTC is looking like its ready to blast off. Look for the first resistance point around 350 sats to take profits.
Another possibility is a nice cup and handle forming, so both ideas point up.
Always remember that this depends entirely on what Btc decides to do, so trade carefully and set stop losses.
Looks like XMR finally wants to join alt season. Bbands are insanely tight. VPVR resistance at .017636 will be the key breaking point for this coin. I would like to see a break of that resistance before considering taking a position. Trade safe!