Accumulating volume steadily increasing, in a major symmetrical triangle, waiting for a breaktout but this looks hard to pass up at the moment. Confluence of long term and short term fib levels is the target, also roughly the height of the triangle
Elliot Wave theory suggests that any trend can be divided into 8 waves, the first five of which are in the uptrend. Zcash has clearly broken out of the previous downtrend and is now tacking upwards in its uptrend. I believe we've already seen the 1st and 2nd waves and are in the midst of the third wave. This chart uses Fibonacci Levels to suggest possible...
Wanted to throw some targets on NEO since I'm quite long its possibilities in 2018. 2 of its dAPPs just cracked the Top 100 on CoinMarketCap, with others already in there. It just crossed the 50% retracement line from the prior all time high and is looking in a sharp angled channel. Expecting big things this year!
Next levels to watch:
Lower volume on the head than the left shoulder, then lower volume on the right shoulder than the head. Neckline slanted up, though not certain yet. Need another 1-3 12H candles to confirm, and seeing a candle close below the neckline would be proof in the pudding. Right now its still possible we see a rally and a continuation of the recent uptrend (would want to...
Squeeze is on for VIBE! The Bollinger Bands are within the Keltner channel, signaling that volatility is low. Price is touching the 4 hour ichi cloud repeatedly, and the MACD just crossed upwards. RSI is in an untrend but far from overbought. This is looking lovely as soon as it pops itself into the Ichi Cloud, at which point within 2-3 days we should see the top...
Picture perfect cup, now just waiting for a handle and a breakout above the handle. Target would be roughly 180k sats, equivalent to the depth of the cup, though traders might want to take profit at 160k as well.
Tested a clear resistance point at a psychological resistance of 100k sats three times already. Fourth time is the charm, especially as MACD is crossing up.
Interesting fundamentals as well, as WTC seeks to integrate RFID with blockchain for better supply chain management
Despite a quick break of the resistance on the daily chart (blue line) when BTC rapidly rose yesterday, the daily chart is still looking great for pink. Low sat value (which crypto newbies love to see, not understanding market cap vs. price), new market cycle beginning, MACD crossing, RSI curving upwards, and we're firmly into the daily Ichi Cloud.
We've seen a huge surge in the prices of coins that have low prices in satoshis. Likely this is because of new altcoin traders not understanding the difference between price and market cap, but their ignorance can we be our reward.
Byte has broken through a long term bear cloud and is now sitting on top. It has tested the recent high from August once, and looks...
More than two months of accumulation appear to be over for GNO, as it's touching and starting to break through the long term resistance line.
In the last two weeks, it's shown a beautiful ascending channel as it's just started to enter the daily Ichi Cloud. RSI is curving upwards as well, and it's stayed above the 9 day EMA, even with the BTC action in the last...
Bitcoin Cash is looking like a great set up. Bull flag breakout on the 1day and the 4hour. MACD crossover imminent (assuming BTC stays quiet), with an upward curving RSI. First resistance point would be the bottom of the daily cloud, but if we can break into the cloud with some volume we should see some fireworks.
Few factors make this a trade to watch:
Solid volume over the past week, highest in history of the token
Price holding above mid term support line despite fluctuations in BTC price
Symmetrical triangle forming on the 4h chart
RSI right in the sweet spot, waiting to see it curve up
MACD waiting to cross center and signal line simultaneously