Many, many, many announcements coming in in the end of Q3 and beginning of Q4. Plus this chart is preparing for an absolute explosion.
Probably my biggest bag at the minute and I'll continue to fill up on more each time we bounce of that ascending (dotted) resistance line.
The CME gap in BTC is at roughly 25k (a 30% drop from where it currently is). If ETH follows it its gonna play out something like this in my mind - The 30% drop is also the target should we break this triangle to the downside.
If we hit this level we'll bounce of it with some force and return to the current price range pretty quickly. For now I'm keeping an eye...
4h chart for LTC looks absolutely primed.
Currently testing the resistance of this rising broadening wedge (normally a bearish pattern but nah).
Break out of this and $500 is the next target. Volume seems to be high currently too.
When Synthetix breaks it's ranging between the support & resistance of this descending wedge we can expect a big move.
Nice increase in volume suggests that this breakout is gonna happen pretty imminently.
Sell target will be top of the wedge for me (indicated by the arrow - Roughly 40%).
Currently moving up in this ascending triangle - Big day as we've successfully broken through $500 and are now retesting it for support (I've already opened a long position here).
Daily chart looks set to blow up providing we can hold the 500 level. Next fib extension on the daily is 1.272 and sits at bang on $600 so will be placing a sell order just below....
Link currently forming a descending triangle on the hourly. Looking for a breakout to the upside.
Successful breakout and we will retest the top of the triangle (resistance line).
Wont be entering until theres a successful breakout. Take profit will be just below the resistance line - Will re-enter should we flip it to support
Currently bouncing off the support of descending channel. Successful bounce should see a retest of the resistance of the channel. Break through that and we will retest the top of the channel ($270) which is also a big resistance line.
Great opportunity for a potential long position here.
Broke out of descending channel - Retested the top but created a bearish divergence on 4h RSI so expecting a rejection which is currently underway.
Looking for entries at either of the support levels - $500 would be a great entry.
Some accumulation could be in order at either level before a big push, I'm looking for that $1000 BNB in the near future,...
No more description needed really - Once this break through the resistance line (which it'll do very soon) it's going to rocket.
If it can carry this momentum through its ATH, it'll go into price discovery.
Lots of volume indicates a massive accumulation zone before we take off.
A bounce of the support of this widening wedge and daily candle close above line #1 ($3.4) will nice SFP the support it needs to fly - The two yellow lines indicate price targets and if it goes through both these, it'll hit price discovery territory.
If we get a bounce off this wedge I'll be entering a long position.
Daily MACD just crossed, 4h 50MA about to...
The immediate direction of swipe depends on how it breaks out of this ascending triangle. If it has a bullish breakout, will be straight to target 1 (0.0001), followed shortly by target 2 (0.000125). A bearish breakout and its gonna drop down to the key psychological support (0.00007).
The amount of volume around the current price indicates a breakout is gonna...
Building on the previous idea:
First prediction was (almsot) spot on. Its beginning to settle around the 0.051 mark and will now probably go one of two ways...
1. Consolidation at .051( ish ) before steady increases are seen - Probably not quite as dramatically as my arrow, nut a potential long position available there, or...
2. Failure to consolidate at the...
Expecting IOST to bounce off one of the support levels today - and I'll be placing a buy order in either of the zones depending on the drop. I'll have MACD, RSI indicators as well as checking volume changes to indicate the reversal of this downtrend.
Will be very surprised if it drops below S3, but this is crypto so you never know.
Once its bounced, it should...
.17 - .18 is the buy here - Lots of volume knocking about there so expect a strong support which will bounce COTI into the stratosphere, especially with coming announcements.
it's possible that hit won't dip at all, and just carry on from where it is now but reduction in volume and lack of major support in current area suggests a pullback is due - MACD supports...
Big support level at 3.0, if it bounces off that it'll blow up to new ATH - Currently seems to be consolidation around there at the minute. If it fails to find support there I predict it to drop out to around 2.5 - The next big resistance. It'd drop out quickly as there's no major resistance between 3.0 and 2.5.