The move should keep on going down within the descending channel towards the weekly levels of 575 and 568 and will most likely test the monthly support level of 562 which is really a psychological level in terms that its been a long while since #USDCRC pair last traded that low. If the 562 monthly level is tested and rejected a new move will probably start and a...
It tried to test the monthly level back in September 17th 2018 and it was rejected creating new lows and more weekly levels. It seems that the last clear monthly level is around 366 satoshis and the newly created levels that have been formed for weekly moves are 230 satoshis, 179 satoshis and then 107 satoshis. #GRC it is currently trading at 69 satoshis and its...
It seems that the strong monthly support at 18 satoshis has been tested and its a strong level that has been respected. It will try to test 30 satoshis resistance level which seems to be the only possible scenario if the token will look at lower levels ever. If there is a big move towards the 50 satoshis level the possible testing resistance level will be at 38...
It's been slowly falling and loosing its last strong monthly level. It can fall shortly that it could possibly get until 720 satoshis level and then it would strongly suggest a test and a correction. I strongly believe that previous move trend created a strong support and its been respected and now seems that the move will break towards that direction making a...
It has been trading withing a descending wedge that has very strong monthly levels and respecting the trend lines that give it support or resistance to made it stay near its lowest support level of 0.007972 BTC and it should test the 0.012775 BTC level at least one before starting a new move. It created a daily support of 0.009872 BTC and its been above since a...
This is one of those rare cases where the #USDCRC pair is placed in a position that will get you some profit no matter what happens. Currently it is moving downwards towards the 583 level it will meet a trend and possibly break towards an accumulation phase that will try to get back to the monthly level of 589. If the move cannot keep the trend and keeps falling...
Currently #BAT seems to be on a descending wedge and its lately been trading in a descending channel that its interjected by the support on the wedge. The short MA should move above the long MA so the price will start moving upwards generating a new environment for the short and long positions. The lower monthly support level is at 3000 satoshis but the descending...
#TRON or #TRX will probably test again the newly created monthly level of 308 satoshis before moving again upwards creating a new move that will generated a possible accumulation zone because it is coming from a distribution period. There are 2 trend lines that were generated from the distribution period that formed a descending wedge that has been marking how the...
It did not move through the descending channel as expected, still it created a new move towards an accumulation period that will have the support level at 0.0110 satoshis level and the resistance around 0.0129 satoshis level. The closest monthly level sits around 0.0122 satoshis so the accumulation is building up for a future big move. If it breaks the resistance...
It is visible that #BTC couldn't make it past the 8500 USD level and it was then rejected which will probably made it back to the trend line as low as 7000 USD and it will try to resume the trading pattern just above the trend line and below the weekly level created some months ago around 7429 USD. I believe this is the start of a wedge that will probably end...
I can clearly see that if the current price recovers today above 4800 satoshis level, tomorrow above 4600 satoshis or the day after above 4450 satoshis it is very likely that this descending wedge will be done. As a steemian myself I really hope for recovery and as previously seen the steem ecosystem is also fueled by what top currencies do while reacting on big...
Currently #ltc is moving around 0.0120 BTC just above of a previously detected monthly level of 0.0122 BTC (1225081 satoshis). It is moving in a descending wedge that will probably hit the first support at 0.0097 BTC (978998 satoshis) by May the 20th and after that it would be very likely a move towards the 0.0075 BTC (756373 satoshis) that will be hit by Jun the...
This is my #LTC analysis. Outside-in approach started from monthly levels, weekly levels and daily. Added trends and analyzed possible moves and patterns like trends.
Currently sitting at 42 satoshis is where the next move of doge should start. It seems that it needs to recover the weekly 48 satoshis in order to be able to move up towards the 72 satoshis level. Ideally this is the time when you can buy some #DOGE and wait for the price to move slightly towards the monthly level of 72 satoshis. There is a daily level at 44 and...
The descending channel started back when the price hit the 4033 satoshis level in which I started to watch the price slowly loose its value. There was an attempt to break the pattern when it was above the 2795 satoshis monthly level but soon after loose the momentum and fall back to the 2130 satoshis monthly level. Now it can just think of it to hit the 700...
I have been closely looking at what #steem will probably do and this movement got a bit more intense with recent crypto news shaking the markets in previous days. Most of last week I have been away from charts and from crypto but this caught my attention and as I called in a previous analysis that steem was going to hit 8800 satoshis by April the 30th and today I...
After breaking the descending wedge and now the target support level is around 8800 satoshis. After that there are 2 options that will logically follow this move, either breaking the trend line by April the 30th which will probably create a new wedge towards the upper resistance level or we will be able to experience another low support level that will be formed...
It has been trading withing the monthly support and resistance level of 11500 satoshis and 38700 satoshis accordingly but within the channel there are also weekly levels that are being respected currently sitting at 30700 where resistance was tested and rejected recently and now the direction downwards is looking at the 13500 satoshis support level. Moving around...