Verge's luster has kind of worn off over the past few months (to say the least). But that does not mean it doesn't have the capability to make us money.
It's currently right around its historic 1.5 year low of 53 satoshis, going back to December of 2017.
On the weekly, its RSI is in the oversold levels hovering around 29.3.
Lower time frames show potential...
If we're going by patterns, ONE is currently showing as though it may experience a short term bounce.
Shorter time frames show a potential triple bottom at around 182-185 satoshis.
Note the repeat in bullish divergence from the last pump and the current trend on the 4hr chart.
TTM indicator firing potential long like last time.
The market is quite sensitive right now with BTC being indecisive. So this is a riskier trade that I would only take with small positions.
Ethos experienced quite a nice little surge this morning in case you missed it.
As you can see, a potential cup and handle may be forming with traditional formation signatures (high volume accumulation at the base and...
After a good half year of continuous decline, Dash is starting to show indications that an impending bullish reversal may be in the cards.
- bull divergence on the 1 day
- double bounce off long term trendline
- ttm squeeze showing possible incoming market reversal
It's nearly do or die time for Dash, as a break below that support line and virtually no support...
Hi. I'm back. Missed you all.
We have a good scenario brewing with our old friend AE right now.
Multiple bullish formations nested within a giant bull flag. This is a rarity and does not get much better than this.
8 hour chart shows we are above the 100 ema, which is providing strong support (coincidentally the bottom of the flag).
Entry should be...
Our old friend ICX has been in a rather depressing downward spiral over the past week as it struggles to find a bottom.
However, that time may have come.
Couple of cues:
1) Double bottomed and bounced off the .382 fib retracement on the 2hr....typically a strong indicator of possible reversal and new impulse wave up.
2) Bullish divergence
3) Apparent attempted...
BNB has been forming a nicely sized bull pennant over the course of the past week.
And now we are at the completion of the formation and the tight squeeze.
It is rather comforting that BNB has remained relatively stable during the btc price volatility over the past day, and volume remains very strong and constant.
Hovering right along the ichi cloud and well...
Excellent bullish signals include:
1) double bottomed on support with strong bounce
2) excellent increased buy volume accumulation
3) Ema's converging in swooping upward motion
4) above ichi cloud
5) cup and handle nearing completion
This coin has a tons of growth potential.
A clear break of the neckline will have a tentative target noted in green ( ~516)...
Hello all. I am back again. Hopefully bringing some good karma along the way.
We have here a giant descending triangle formation brewing with Storm/btc that has developed over the course of the past 4 days.
There was a solid %60+ percent drop from the initial run up, and it appears the market has found a (hopefully) temporary floor at around the 46x...
After some brief consolidation after a remarkable bull run, we are presented with yet another potential breakout.
Other bullish indicators on the 2 hour chart:
-MACD beautiful upwards swooping motion after long descent
-above 100 day moving average
-Engulfing ichimoku cloud
-RSI plenty of upward potential
Have indicated approximate potential targets.
Chart speaks for itself. Price action has become very tight recently as we are completing the formation.
Pending buy orders should be placed at a break of the pennant.
First target approximately 25000.
This is simply a speculative observation, since the markets are quite unpredictable right now and TA is far from insurance.
But ADA appeared to have defended support last night amidst the market blunder, and in the process formed a double bottom which *typically* is an indicator of possible short
to medium term run up.
This idea is further strengthened by the...
Sorry, this is kind of a last minute chart since I just caught it. But looks like this is headed higher. Pending buy orders should be placed at the break of the formation.
RSI and MacD provide room for growth. Good buy volume.
Obviously the handle formation is a bit exaggerated by the recent BTC run, but we have the makings of a cup and handle formation.
RSI and Macd provide possible confirmation of possible reversal.
Pending orders will want to be placed at a break of the neckline indicated in red. First target noted by green line.
Market is very fickle right now, so take profits...
Salt has been correcting over the past week+ as the profit takers do their thing and the market consolidates.
But the breakout is coming. Very, very soon.
We have a fair sized descending triangle. A break now would take us to the indicated TP. However, if the price breaks lower, the next level of interest support is indicated at 692.
I believe we will have...
I apologize I've been gone for a bit. But after about a weeks worth of healthy consolidation and massive volume pick-up, we have finally broken out of the massive ascending triangle pattern to form yet newer highs in what I believe will be an amazing run. This also marked the completion of the cup & handle formation on my previous idea that I forecasted a little...
This should provide a nice ~15% or more scalp on an expected market move for Stellar. Currently consolidating within a bullish pennant.
Have crossed the ichi on the 30 and 45 minute time frames, and above the 200ema. RSI and MacD provide upward growth.
Pending orders should be placed at a break of the wedge with profit targets around 900-940 (depending on your...
EMC2 I believe is in a consolidation zone after a crazy run up of over 300 percent last week. It looks to be creating a large rising bull pennant/descending wedge.
This should provide some very profitable swing trade opportunities.
Red line indicates possible shorting zones, and the purple indicates the tentative re-buy zone...assuming this is pennant and not a...