It tested it's support very well recently. 200EMA is only coming down more and putting pressure. Also ALOT of pressure of the upper resistance of its downward channel... It'll break but slowly, the only think QTUM now needs is positive volume.
200EMA 1D crossing + lot of resistance of current trend + horizontal resistance This might be interesting if volume pushes even more. Also strong support between 191 - 207
I noticed that DASH recently broke through one of its main resistance trendlines (diagonal one) and retested it kinda but not strongly yet. Also if you can see volume is increasing and it's mostly the upward movements that are made by lots of volume (seen on lower timeframes). Still however the volume is currently in bearish triangle pattern and will need to be...
LINK broke out of it's bearish channel. The same thing happened couple weeks ago and caused a massive bullrun as you can see. LINK will probably do the same and aim firstly to the main big resistance as you can see on the chart. If enough volume and volacity is present it'll be an easy breaktrough imo. Als as you can see the volume is increasing ALOT. And this...
Cardano is currently at a level which has relatively large resistance. I think the bulls are going to take over soon. If this happens the uptrend could be huge. Very cryptos are showing similar moves in similar patterns currently. If you look at CHAINLINK, it has the same pattern and broke trough. Also DASH and LITECOIN already broke trough such similar...
This is the way I see Ethereum when I look at weekly chart. There also other sources like BraveNewCoin and Cryptopreneur who support this-like analysis. Would it be even possibly before January ends?
This looks like a very strong TA. There's alot of pressure on the daily chart and the bulls are working to hold it from going lower but as seen on 4H chart it's now battling on resistance level. I see this getting rejected at current price level and stomp back to close around the opening. For the rest of the following weeks it will stay in this downtrend. Also...
A little bit straight forward TA, but the simplest ones are the best ones. Litecoin to icnrease and be bullish for sure. Might top 24% increase in this bearish trend. If it holds this level for some time with enough volume to support it might retest its resistance level as seen on the TA.
The first 5 motives waves are completed. Corrective phase starts if it can't break trough 7500-7600USD. Volume is lacking so might get bullish again.
Bitcoin is currently hanging around a resistance trendline. I think it will struggle to hold above it. If it breaks the resistance it will get stopped at around 7660EUR. If it breaks the 7660EUR target it is not yet in a new bullish run. As seen on the 1D chart and 3D chart there's a much stronger resistance trendline waiting to get tested. There's a nice...
First idea. I do my main TA at Kraken platform.