Bitcoin is in Wyckoff Schematic #1 Trading Range, it has bounced from the Spring at around $5800, and we'll continue to go higher.
Our two main resistences on the way up are:
$8000 will be our bull trigger. If we go above $8000, I believe we're going for much higher levels, and if we get rejected at $8000 we'll go towards lower levels down...
OMG/USD is currently in a high demand area (white rectangle) the price range in that rectangle is between $6 and $7.5
Everytime it has been in this rectangle, it has shot up with at least 100%+ Profit. This is a highly demanded zone. Nevertheless, I still recommend scaling wisely as its not a Bull Market yet. But buying good chunk of it would be great...
Bitcoin will continnue decline until we reach our support lines at about $6950. The supply is being absorbed this is an indication that the downtrend might come to an end which is near our support lines. I expect it to make higher lows from there on.
EOS is on an uptrend, we'll be in this trade until our stop-loss or sell targets are reached.
It is also a good hold, as it has good future
Buy = Under 0.00190
Sell 1 = 0.00209
Sell 2 = 0.0022
Sell 3 = 0.0025
Stop-loss = 0.00159
As we can see, the yellow line ($9800) has been acting as a great support & great resistence for over 5 months, since 27 November 2017 to be exact.
Whenever we went above it, the $9800 was great support, and whenever we went below it $9800 was great resistence.
The last time we were above it was in 15 February 2018. The daily candle closed 20 minutes ago, and we...
As long as we're in this range zone (or higher of course), we're bullish. Keep in mind going below that does not necessarily mean we are bearish. But we're simply in a consolidation zone forming like a Bullish flag
ARK has been in this channel since 7th December 2017, the uptrend has been solid, there have been no Spring since then.
Currently its at the bottom of the channel, it has reached the bottom 4 times in the past and has always bounced from it:
First bounce peaked at 110% profit
Second bounce peaked at 118% profit
Third bounce peaked at 38% profit