Dash its touching down on the trendline support for a 4th time and onto the 0.5 fib level support. This marks a strong a support and can provide a nice entry point for trading in this channel. Currently near the bottom of the bollinger band indicating the coin is oversold.
Sell target around .080-.086. Stop below the 0.5 fib support at .06
Neo recently had a W-bottom with a support around 0.0032 and a resistance around 0.0037. The right half of the W formed a lovely cup and now we're waiting for a handle to form. Confirmation of a handle set at 0.0037 with a breakout to follow. Entering now at the predicted bottom of the handle presents a 10% risk with a potential 12% gain to the next line of resistance.
BTC just came out of a corrective ABC wave and is now heading into wave 4 of the elliot impulse wave. We may see a small dip back to the .786 fib level at 10k before heading up the 5th leg to 12k.
M top is forming around the 9770 level. Target of 9372 for breakout confirmation. Possible retrace back to the fib .618 level @ 9060.
MACD levels are closing in on each other and the RSI has seen a downtrend over the last couple days.
LTC is forming yet another ascending triangle (a bullish sign) after breaking out of one on the 19th of November. Looks like it wants to test that trendline resistance again around the 73 mark.
ETC formed a nice falling wedge over the last few days and has recently broken out, which is a bullish signal. Currently looking for a confirmation upon the previous resistance of around 0.0021534.
Bollinger bands are still very wide-indicating a volatile market.
MACD histogram is showing an upward slope towards 0 indicating a future recovery. Waiting on the MACD and signal lines to cross within the next couple weeks.
Today's candlestick was a doji, signaling indecision, preceded by two inverted hammers. Today's doji may be a sign of reversal.
Neo appears to be consolidating after testing the .0038-.0031 resistance level. Looking for a breakout at about .0047 for confirmation of a bullish continuation.
Bitcoin Cash is consolidating in a nice little symmetrical triangle. It appears to have started a recent intermediate uptrend around 18:00 on 11/16. This triangle may breakout and continue the uptrend.
RSI seems to be stable at the 50 support line.
The 30min chart shows BTC with a recent lower high. Waiting for a lower low to help support that idea. Current RSI is looking week and the 15MA is acting as a resistance. Looking for price to penetrate the 7455 support line in order to buy.
