Seems like BTC just saying stfu to all the bears again. However, there will be a day when the bears will celebrate (I think).
We can see that a rising wedge has formed where new highs are being achieved but at a much slower pace after the uptrend.
BTCUSD might tell me to stfu again but hey... my last BTC analysis wasn't too shabby :)
AEON is bouncing off the .764 and .854 fib lines.
It seems to me like it will go back to its original trendline. A good shorting opportunity once it passes the trendline and it looks for a full 100% retracement.
Please remember this is a 3 Day Chart, so it will take a long time. I'd consider this a multi month / long term trade (Probably will hit its top Q1 / Q2 of 2018).
There is a clear HIDDEN BULL DIVERGENCE when viewing DASH.
Since my call for a bear run on Lisk, it had retraced beautifully on to the support.
Now, on the 1 hour chart, LSKBTC seems like it has formed a really pretty ascending triangle.
Usually, ascending triangles breakout for the better, however there still is a possibility that it can fail.
Use stop loss to minimize risk and happy...
A major dump off the past few days.
Here is what you can look forward to.
There is a symmetrical triangle that has formed. It will consolidate and break upwards or break downwards.
Given the fact that we are on the trendline for XRP, we can most likely estimate that it will bounce up from it.
Becareful of low volume fake breakouts.
A lot of people including myself were duped in figuring out Monero's next uptrend.
After looking at things in a different perspective, I believe it will fall to the next retracement zone.
Monero has a specific retracement pattern that I am not willing to share on here. If following that pattern, XMRBTC -0.97% should go down until 3rd/4th week of October....
LTCBTC is testing multiple stuff right now. It's testing its support in 76.4% retracement and also its trend line.
If bullish breakthrough, look for it to go on a solid gain.
Stop Loss set to 10%
Take Profit set to 40%
Trade estimate: 10 days or shorter.
Was thinking that it was a good time to go back into NEOUSD and then I saw this. A really big H&S forming.
The greed is telling you the "uptrend" will continue.
There will be some sort of pull back while it dips which will give people hope, only to crush their souls.
Use the fibonacci to find support.
XMRBTC is looking to reverse its downward trend from its all time high. It's already had a good amount of retracement and its on the 61.8% fib retracement level.
Good entry point in my opinion seems like in the .023btc area.
Trade expected to last 3-4 days in my opinion.
This is a hypothesis trade that I'm testing on. Do not follow unless you have...
Looks like SNTBTC is gaining traction and has a parabolic curve going for it. Look out for a potential cup and handle.
Please note the buy zones / stop loss / and take profit areas.
Note: I have no personal investment in SNTBTC so I would like to think that there is no bias to this chart.
Tip Jar: ETH - 0x627e2f07780db7f82f9631850b9faed5594bd9a0
Looking at ETHUSD, its showing me that the stalling is about to end. It's been playing on the support line and going up steadily during its consolidation phase. However, it seems time to take things out of the oven.
For long term investors, buy up now.
For short term investors, use my support resistance channels to know when to buy and sell.
IOPBTC was fun little chart to look into. Looking at the 2H, we can see that it is testing the Resistance (blue channel) and the Support (fib retracement level) and the SAME TIME.
The reason why I am saying the uptrend will continue is because after looking at CCI and MACD indicators, there are no real big divergences. We'll see it keep testing the...
USD/KRW pair is testing its resistance. It is generally a sign that if you get a bullish confirmation from this area (green box), the bull trend will continue to upper red box. However, if it fails to break through, you will see a pull back, most likely towards the lower red box.
Would love to hear your feedbacks. :)
Falling Wedge signifies a reversal of trend and would be a good indication for a start of a new wave.
I've also included the RSI and MACD for confirmation for this chart. You can see the divergences pretty clearly.
(I don't know why but the right side price change was made longer? Should be same as left side)