$XLMBTC rounding bottom forming. Next targets 1400 and 1700. Great volume lately.
The convergence of these two channels on ETHBTC have the makings of a nice symmetrical triangle that should play out over the next week or so. Based on the 1D SRSI I like to think it could break up, but the bottom of that downward channel could prove to be strong resistance. If it breaks up, the first target is 0.037 ($570 at today's BTC price). 2nd target would...
A beautiful bearish butterfly is forming on DASHUSDT. If the pattern continues up past the sloping blue trendline, the upside potential is quite significant. Expect strong resistance around 334, 353, and especially at 370.
OMG has been in a falling wedge that has been developing since early September, with the price dropping out very quickly in the last couple of days. Current price movement suggests a good chance of getting back into the wedge pattern . I expect some horizontal movement as it passes through the red kumo over the next couple of days before continuing. If the wedge...
I've been following ZEC closely for several weeks and I think we're going to see another breakout soon. Buy at 596, sell @ 640 or a longer target of 690. Stop @ 572.
If the price continues down the D leg, we may have an opportunity for 15-18% profit on the next upswing. Watching closely.
ZEC has turned around a drastic price decline and seems to have settled on a support level of 557. It's currently testing resistance around 594, which has been an important consolidation point in the past. Additionally, on the 2hr chart we're seeing a TK twist and a 2hr and a kumo twist on the horizon. If it can confidently break 594 there is lots of upside potential.
Based on current trajectory and historical movement, I believe we're in a short period of upward movement followed by another short-term period of horizontal consolidation around 4350 USDT.
MCO recently had a nice 20% + rise before settling into a holding pattern around .00215. Looking at the cloud and RSI levels, we should expect another healthy rise in the near future if the price breaks .0022 and gets above the kumo cloud. We may get another weak climb above the current pattern before re-testing resistance at .00255 and eventually .00283.
Based on RSI and Ichimoku indicators, I believe ZEC is ready to make another upward move. RSI is at 4hr low Conversion line is above the base line Price is above the komu cloud Price is passing above the conversion line Bullish komu twist approaching in 24-48 hours Lagging indicator is wide open, above the cloud and the previous priceline All these...
ETH has been trying to break out of a downward trend and as of yesterday it appears to be successful. We can use four Ichimoku indicators to tell us when to go long on ETH: Price breaks out above green cloud Conversion line (blue) has crossed above base line (orange) Lagging span (green) from previous period is above the cloud Lagging span is above the...