BINANCE:NANOBTC has retraced 50% since it's recent high. However, you'll find that MACD has crossed and we have huge RSI bullish divergences on the 1D and 1W charts. Included in this, is a giant triangle. We're looking for a huge bounce through the triangle and up to at least 0.001 sat which would be a 5x from this point, obviously long term but look for a return...
BINANCE:QKCUSD is now sitting on strong support. As you can see it broke the downtrend and is now retesting the downtrend line. It's also formed a large double bottom. QKCBTC has never been lower (almost a double bottom as well) and I believe Bitcoin will retrace so look for a BTC bounce from here due to the USD double bottom.
BINANCE:CDTBTC has completed the double bottom, we just are looking for a bounce from here. All alts are down and could move further down against Bitcoin as it moves up. However I think the ALT rally starts now. CDT also has rested upon support of the downward trend line it broke several months ago. These are all bullish indicators, as well as the MACD about to...
BINANCE:ZRXBTC has created an inverted head and shoulders reversal signal on the hourly. RSI is extremely over sold on the daily and is bouncing from strong support where it bounced a few days ago for 6% gain. Targeting 8000 sat.
BINANCE:BNTBTC just broke the huge descending wedge since it's ATH. We're essentially sitting at an ATL for BNT, the slightest amount of volume could push it high. MACD about to cross, RSI moving up. I'm targeting 50k sat as my target.
BITTREX:NKNBTC broke the local ascending trend line and had a textbook retrace to exactly the .786 fib (not shown on this chart). This is the perfect time to buy-in as NKN is ready to take off.
Long term, NKN should reach about 4000 sat or more but here in the midterm, we can see it pump to the 1.618 level. Short term, we're looking at the the previous local high...
BINANCE:TNBBTC has retraced to support after a big push up. We're looking at a nice descending wedge as continuation, look for a nice breakup after BTC stabilizes. If bottom of wedge breaks, we could be looking for a drop to 80 sats, so proceed with caution.
BINANCE:FETBTC has completed a triple bottom which gives us good reason to believe the bottom is in and we will start to go up from 3800 sat. You can enter now if you're risky or wait for the downtrend line to break or even at the triple bottom resistance at 4100 sat or so
"A triple bottom is a bullish REVERSAL chart pattern used in technical analysis that's...
POLONIEX:GRINBTC has retraced to strong support and 0.786 fib, a hot spot for retracement reversals. Once the descending wedge is broken, look for GRIN to pump to the top of the ascending triangle. This is a young coin and has a lot of growth and cap space to move!
If support breaks, we'll end up at the trend line around 62000 sat or so. STOP @ 60k sat
XHV has retraced to strong support, RSI shows extremely oversold and MACD is starting to rise. XHV already ran up almost 4x but has retraced back half, this is prime for another explosion up. Extremely low market cap coin, also sitting in bullish continuance descending wedge.
Target 1: 11700 sat
Target 2: 14500 sat
Target 3: 18000 sat
Target 4: 24000 sat
LBC Ascending triangle, look for break of upper limit. Upper limit coincides with 0.786 fib level. Once broken, we're looking at each fib for targets
Target 1: 1100 sat
Target 2: 1250 sat
Target 3: 1450 sat
Target 4: 1700 sat
FET was just released and has been extremely volatile. It's currently moving in a descending wedge, some sort of action should occur, could be up or down.
We just hit a short term double bottom at 8000 sat and also the bottom of the wedge, I'd buy in now at 8000-8100 sat and put a stop loss at 7900 sat. Low risk, high reward.
This is not financial advice....
KEY has been accumulating for weeks and has attempted to break the descending triangle a few times recently, it is now at it's breaking point, it either breaks down or explodes up. Market sentiment would assume the latter, not to mention the double bottom formation
MACD crossover and rising
RSI is rising, lots of room to grow
First target 84-88 range