Been waiting for BNB to retrace so I could buy more. This looks like a good opportunity if the price holds around 0.002.
Look for volume and reversal confirmation.
Entry below 0.002
Target 10% - 25% - 50%
Fib - 61.80 retracement from previous all time highs.
Low RSI and stochRSI
Disclaimer: I really like Binance, and I think BNB coin is a solid long term...
Litecoin opportunity. Looking back to recent downtrends, I'm considering the buying zone around 110 USD with prospects of a rally to 150/170 USD during June.
Can't help to notice the pattern in recent months. They say history tends to repeat itself, let's see if it's true here!
Of course it will depend a lot on how BTC performs this month...
RSI close to 30....
Possible opportunity in ONT. We are bouncing around the 50% fib retracement. If we hold and the bulls start buying, we may see another break out. I'm watching if the candles keep closing green and if RSI keeps low.
Nice Fib retracement after last bull run. Looking for entry points between 0.00117 and 0.00115. If it goes below, we will not make a higher high which isn't good.
RSI looking good, and BB also close to the lower band.
Waiting for reversal confirmation for a possible 10%-20% gain!
So things have been moving quite well and in a sustained manner. The daily trendlines are showing clear signs of an ascending wedge (bear sign), and it will all come down to holding the 12k levels. If the 10.8k support breaks, we may be looking at 9.5k again in the future.
Looking forward to see how the market evolves
Thank you for following!
Just an experience. Don't pay much attention to Elliot Waves, but decided to have a try. The bearish signs and the decrease in volume , make me think BTC -2.84% will go down, but i hope I'm wrong!
I'll try to keep this idea updated over the next few days. I think there is strong resistance at 11.5k, and if it doesn't break in the next few hours, I think we'll go down a bit for a few days probably testing 10k again.
Using the BB we can see we reached the upper band, so the next few hours will determine if the bulls are feeling strong or if they need a...
ZRX has been on a downtrend for a while, and we may get an opportunity to place some buying orders between the blue lines. There is a chance that it breaks both lines, so place your stop loss carefully.
The 11.2k actually coincides with a 78.6% fib level (start in Jan8), and the second blue line is the zone around 10k that can work as psychological support.
TRX seems to be forming a cup and handle. Despite all the love and hate it has been getting lately, along with some creative marketing, if support at 780 isn't broken, there might be some energy left for another bull run.
LTC hasn't been able to keep up with BTC and ETH in the last few days, but that may be due to it's low volume when compared to December.
Entry point under 0.015, after waiting to see if the 0.0145 support holds.
Possible MACD bullish crossing.
Substratum has been moving sideways for the last few weeks, but it seems to be testing new levels. The MA50 and MA100 are serving as support for the price around 8500.
MACD also shows a bullish crossover to further support this move.
If it breaks resistance, I expect it to probe the 10k.