Keep an eye on this one.
A possible breakout of 0.0014 which is equivalent to breaking the neckline of the inverse head and shoulders pattern could propel NEO very high and repeat what dash has done.
I would be waiting to see what BTC is going to do before taking any trades.
Take this as an informative post, not a financial advice.
Good luck :)
Following btc. Ascending triangle formed. Possibly breaking out in the next 4 hours.
Green volume in uptrend, decreasing volume inside the triangle, by textbook.
Buys would be placed at the breakout (with volume and momentum ) of 0.046 $
Always set your stop losses.
Not a financial advice, do your own research, and don't trade with leverage.
There is a continuation chart pattern on 2h candlestick chart.
Expecting the price to grow further to the upside.
Beaer in mind that we are inside a rising wedge which usually breaks to the downside, so either we break above 9k with volume with a big green candle or we might have a fake breakout. Therefore an optimal buy would be the breakout of 9k with strong...
I expect btc to fall from here, it slowly crawled to the upper side of the channel. There is no volume. There are no fundamental news backing the growth.
Everyone is extremely bullish, altcoins showing signs of exhaustion.
Still it's just my opinion based on indicators and market sentiment.
Remember to set your stop loss.
Not a financial advice.
Check out my...
BCH USD is creating a bull flag, volume is diminishing inside the flag as it should be.
The rsi is in a tightening range.
If this breaks out to the upside, we could see it rally up to 308$.
Closely watching it.
Not a financial advice, do your own research before you invest.
The best ERC20 token is back guys. It looks like zrx is about to reverse. Inverse head and shoulders pattern is forming right now. There is a decent chunk of green volume. The RSI is showing bullish momentum on 4h candlestick chart. On top of that even the ZRXUSD pair is showing the same signals.
That can only mean one thing.
If we break the neckline of the...
It looks like bitcoin dominance is about to go higher from here. It looks incredible but the charts don't lie. There is a monthly bull flag which usually breaks to the upside. If this happens it means the majority of the money will flow into bitcoin. Given the incoming halving, the TA is backed by fundamentals as well.
This is not an investment or trading advice.
Sadly BCH has created a weak structure, head and shoulders pattern. On top of that, it's touching the falling channel which started in June. It looks like we are going to correct lower. With the first support at the indicated price. Things could go much lower based on how the chart is going to develop or we could bounce at the indicated target.
Not a financial...