At the moment we see DASH hanging around near the top of its bull flag channel, so we may see a breakout any day now, especially IF bitcoin makes a huge comeback. However, what i find more likely is one last drop to the bottom of the channel before we start to test new highs. I also believe that the timeframe for bitcoin's rebound fits better with one more drop,...
Based off a long term fib channel I found on BTC's log chart, I see the next week playing out in one of three ways based on BTC's historical price action. Here's the channel on the daily, 1. (Green) As we can see in the past, sometimes when a fib line is breached this quickly and steeply, we can actually see it bounce back up and find some support/resistance at...
But can it hold... No trade recommendations or even specific predictions on this one, just noticed a pretty clear trend and want to track how it plays out in these channels and with the blue support lines.
Sonm, which I'm personally very bullish on from a tech perspective, has recently broken a major support line (A.) but did bounce off a second (B.) My best bullish prediction would be that we are forming a massive cup and handle , this is further support if you view the daily where the recent mini-crash failed to close any candles above the cup line. As usual, i...
OmiseGo, using the OMG token is a crypto-focused branch of the traditional and well-established Asian payment gateway, Omise. It is as close to a bluechip coin as it gets and I have very high hopes for it in future. They have recently been in a fairly consistent bull channel despite not having the most announcements or the best general public relations, so we can...
OmiseGo, using the OMG token is a crypto-focused branch of the traditional and well-established Asian payment gateway, Omise. It is as close to a bluechip 0.00% coin as it gets and I have very high hopes for it in future. They have recently been in a fairly consistent bull channel despite not having the most announcements or the best general public relations, so...
OmiseGo, using the OMG token is a crypto-focused branch of the traditional and well-established Asian payment gateway, Omise. It is as close to a bluechip coin as it gets and I have very high hopes for it in future. They have recently been in a fairly consistent bull channel despite not having the most announcements or the best general public relations, so we can...
Though we are nearing the breakout point of a descending triangle, I'm hoping the solid fundamentals will propel Cardano into its next bull cycle. All we're waiting for is the volume to come in, and when it does we'll see big movement one way or another. Id like thoughts and opinions on this one! Has both strong bearish and bullish signals from my point of view,...
I believe we will see a repeat of last weeks cycle, basically forming a large "W". This does not indicate we'll be able to break the channel one way or another, so for now id still consider us in a bear market, with just the possibility of a short-term bull run. On a smaller scale, we may see another drop in the coming day or so, but if so it may still just be a...
One possibility we are looking at with BTCUSD today is the formation of a cup and handle. One thing to look out for as a possible breaking of that pattern is an influx of volume. If we see the price deviate too far from the handle ALONG WITH an uptick in volume, we may actually be seeing a further pullback than just a handle formation, but until that volume...
Ark looks insanely consistent on the log charts, should be in for anther ~200% bump from out recent lows. Thoughts?
Here we see XLM, a bluechip, technologically solid coin testing the top of its bullflag channel, i see 3 possibilities: Most likely, A. I see the current uncertainty of bitcoin posing an obstacle to clm making another run at the moment, so i believe well see one more small downtrend, (possibly NOT all the way to the bottom of the channel, so keep an active eye on...
The breaking of this channel should really define BTC's next big move, it just bounced off the bottom but is losing speed on the way up. Buy/Sell based off channel penetration