Syscoin's price just rejected a historical support line and is trending at a new level since a pump a couple of days ago.
It looks to be re-testing the EMA cluster, and the cloud is showing bullish for the first time in a while. The possible formation of a bearish crab forming is supported by a crossing on the Stoch RSI ... technically it looks like a good...
$MTL is looking pretty oversold on the Stoch RSI, and it's hovering around a resistance zone at the moment (as well as possibly being rejected by the 50 EMA)... Could be bullish for the last leg of a crab Gartley pattern, causing a price surge then subsequent downturn.
Look to take profits in the 0.0028 - 0.0029 area
QTUM broke through all EMAs (first time since before its recent breakout) and, after bouncing once, the MACD is finally crossing indicating a coming breakout. There's good resistance on the 1/2 level of the Gann Fan ... also good buy support on Bittrex. Going long.
LTC recently saw a pretty decent rally surrounding the hard fork debacle. It's now touching oversold on the Stoch, and the MACD is prepared to cross. Watch for the breakout of the bottom of the bearish flag that's formed.
On the 8h chart for ETHBTC, the MACD is crossing and the currency appears to be consolidating for a run. Looking at the 2h reveals what appear to be good places to buy in on the corrective patterns that will form after the conclusion of the forming EW pattern; the Stoch RSI and MA resistance suggest that it'll go down before it goes up.
MACD is plateauing & Stoch RSI is crossing... Looking like it's time for a reversal into a correction wave of the forming bearish EW pattern... If the pattern continues, the follwing continuation will proceed to bounce and begin the third (and typically the largest) impulse wave of the overall trend.
So all in all... short short term, long long term?
LTC just finished up an upward and downward Elliott Wave pattern (didn't bother to plot the downward, it's pretty visible though), and is on track to hit an impulse wave of a larger EW pattern. Price just broke the top channel of the falling wedge that was forming, signalling the beginning of reversal (in addition to crossover on the Stoch RSI).
Go long, look to...
Appears to be consolidating for a pump (based upon RSI being quite oversold recently), and just a touched historical support line. Watch for BELA to bounce off of the lower channel to break through the top/bottom of the wedge it's been forming. If it breaks through the bottom channel look to a continuation to the 0 level. Either way, look to buy back in at marked...
Looking at the 2h chart for $NXT reveals a falling wedge (reversal pattern) forming. In addition, it is oversold and recently intersected on Stoch RSI, and the MACD is ready to cross. Look for a decent reversal soon, back to the top of the channel (TP @ 0.5 fib) or perhaps to the area around 0.000063 where it was when it crashed a couple weeks ago (TP @ 0.786 fib)
There's a reversal pattern forming on the daily chart for Pinkcoin... It's still at the bottom of the channel (and BB), and is overbought on the STOCH RSI. The MACD looks ready to turn. Buy in, ride momentum, watch for bounce?
It looks like (on the 2h) $BTS is preparing to begin wave 4 of an on going Elliott Wave formation, before presumably bouncing to complete the formation (that is, if it doesn't continue to break the pennant, which will signal a reversal)