NXS is still in a downtrend, but a new bullish cycle could come within a couple of months. We are nearing a consolidation zone, and I will be laddering in from 14,000 to 10,000.
It seems like Vib might have hit a trend reversal point. It bounced off strong support, we have several bullish reasons to believe the trend has reversed:
- Bounced off support
- Increased in volume
- Fast EMA crossing slower EMAs
- Ascending triangle formation
- Awesome oscillator agrees
Vib might continue to move inside the contracting triangle nearing towards...
Bittrex is delising this coin on March 9th, I think Maid can be a profitable trade. This is also traded on Poloniex.
I'll update this once we get some sort of trend reversal confirmation.
When moon sir? Not yet, but ADA is getting ready to consolidate and then bounce off strong support.
ADA completed a clean 8 wave cycle and it should begin consolidating soon. Please use the think blue line as your SL strategy, if we go below that strongly, you might want
to reconsider your position.
It looks like bitcoin was unable to break strong resistance and what we are seeing is a clear "shooting star" reversal pattern. The chart is pretty clear and speaks for itself.
BEARISH SCENARIO (70-80% chance):
This is the most probable scenario in my opinion. The fact that btc failed to break resistance PLUS the reversal pattern...
Sia seems to have made a breakeout in a similar way to XVG. EMA's are converging and we should see EMA 9 crossing EMA50 soon. Target is close to 590 sats. I would wait for SC to cross above 315 sats in the next few days to get a confirmation of the trend reversal.
Sia at 286 sats is sitting exactly on the 0.618 retracement ratio, it makes sense to see a new leg...
Tron is nearing the apex of the contracting triangle formation, this pattern could breakout now or we could still see one more downward movement before breaking out.
The yellow arrows on the chart point to similar patterns in which EMAs are converging (orange/blue/pink lines and MACD) and we also seeing similar levels of volume. Based on the thrust measurement,...
SALT is sitting on the support trend-line, the next few days should give us a clue to where this coin is going. I will likely enter this trade if we cross above the 9&20 EMAs. Please use your own judgment when trading.
XRP is presenting an interesting scenario, one in which we have an XRP/USD chart that is bullish (broke above EMA) and the other, the XRP/BTC chart (this one) shows several bearish signs and if history repeat again then we should see a few months of a bear trend. It will be interesting to see which chart is correct!