ADA setting up for a nice buy currently, potential 40% gain short term and higher targets long term. ADA is consolidating nicely and acting off the levels of support. Wait for the break out for confirmed trade signals. Expecting an short term TP at 1.40, short pullback to 1.20-1.30 before looking to breakthrough the 1.40 resistance.
Multiple indicators giving us the signal a Yen short move is on the way, - Key resistance levels being reached - Overbought on the daily Be aware on the 1 hourly time frame, we are still within a channel, the channel will need to be broken to provide a signal to enter Definitely a key one to watch, profit targets indicated above.
After breaking the bearish trend, we have seen a small consolidation in BTC within a triangle formation. This will be the last 'down' within the triangle before we break out. My position is long
We have a great ascending triangle forming on the AUDUSD. Once it breaks we will see either the bullish trend continuation up to the 79 handle, or a pull back to the 78 support zone. Both the bullish trend and the ascending triangle supports the move up, I will personally await the trade confirmation before taking action.
GBPUSD has performed fantastic after its breakout. But after an extremely bullish run, overbought on most timeframes and testing key resistance levels, We can expect the GBPUSD to take a breather - await for confirmation of breaking outside its channel and firm short signals.
Watch out for a potential Ascending triangle to starting to form, this may be the turn in the tide.
LTC has strong correlation to the BTC Price pattern currently. Whilst LTC has broken previous support on the lower time frames, the larger triangle pattern is a true test for both LTC and BTC. Long - If we see a price move to the upside, we will see it retesting the previous highs of 374, I anticipate the bulls will take over the market for a quick strong move....
Verge has managed to shake the correlation with the BTC/LTC/ETH Price movement. Here we see a rising wedge with support levels being healthy for the overall verge price action. I foresee t moving up, retesting the immediate previous high, pulling back for support to become resistance and then moving all the way up to the previous high. Potential further movement...