Is a floor being built? Small position here? Tight stops
because it's a really low sat coin on Binance, because i've been holding it since it dropped on IDEX, and because just because...
Look at that, just look at it, buys hit to perfection for someone... not enough people realise that a lot of coins have existed longer than they were initially listed on some of the newer exchanges. If this is the case, use the exchange (Bittrex here) to chart long term s/r lines.
Surely this is worth some consideration? At a strong hvn on volume profile, way under the long term POC, alts in general popping at the moment, I could see this getting in on the action
I like the look of this setup... way below the point of control, volume picking up, rsi and macd turning up on the daily. alts starting to look interesting again
BTC tried to break out of this descending wedge/triangle (take your pick) only to be pulled straight back in with quite a sharp move down through a LVN in the last day or two. Looks like today will be a green day after breaking seven consecutive days of red on volume. The next month or so are going to be crucial for Bitcoin, as this downward bearish market is...
This looks like a prime setup for an entry based on some clear support on the green zone. Tight stops required as price discovery to new lows could happen if it breaks through the green
Grey box trade range... FA making me think further down move, activity on the lines shown, but a bounce off the bottom of the grey box. Drop out of the grey box and we go back to the red trade range.
Detail in the chart Let me know what you think Thank you
Aside from a few strong performers at the moment (DGB) most alt charts are close to retracing all the way back down to a bottom. Ont looks to be on a clear path back down to the floor also, especially now the main net is live and hype has dissolved. So yeah, no technical analysis here really, more a tongue in cheek representation of the crypto market right...
First time we’ve had a point display below price (indicating a reversal) in 2018 on the weekly. This could be a bull run starting... other indicators looked primed and market sentiment is there.
I'm looking at three clear zones here to enter a trade. However, i'm not going to set bids and try to knife catch, because the levels might not hold and we could go through to the next zone. Again, i'm not trying to be clever here, just simply using the vol profile to determine good support zones where buying volume could pick up and a reversal could...
Looking for an entry in the green box, looks like strong support... coin burn complete and a reversal has historically happened shortly after the burn. However, alts getting a kicking at the moment with the btc rally.
If XRP can't hold this current price support line then i'm expecting a big drop...