Blue lines: Resistant lines Red lines: Support lines Green lines: Trend lines Comment: As you can see not only we can get a very positive signal from RSI and MACD, but also it's ajusting its price just above the support line. To make sure the strong upwards movement, let just wait a bit to get throught the little triangle's resistance line. Good luck.
Blue lines: Resistant lines Red lines: Support lines Green lines: Trend lines Comment: After touching support line of the channel, it bounce up very quickly and reached the resistance line several times. This time I expect similar movement in the channel as well. Good luck.
Florincoin is a relatively unknown coin that is on poloniex. It currently has ~7million dollar market capitalization and low volume / liquidity. This means it will move quickly when it does. The development team has said that they will release "Alexandria" very soon in an announcement today. I expect this to significantly drive the price upwards as more people...
Similar setup than QTUM, but two clear possibilities. Aren't there always two possibilities? Hmm.
IOTA broke the downtrend with the first motive wave to around .30. After some consolidation in the form of a triangle, wave 3 was initiated. This wave is in the 11th extension right now. You can see this because every subwave looks almost the same, and the angle of the entire wave 3 stays in the same degrees. Possible upcoming moves: The recent spike to .75s...
Wait for the two green lines for your entry. Set Your Stop-Loss at the red line below. Safe your earnings. Cashout half of it at the second red line. Good Luck!
DGB has got a bad rep because of the constant shilling during its massive bull run in May - June and its subsequent fall from grace but I still see potential in Digibyte but even more important than my sentiment, all signs point to DGB finding its bottom in the next 24hrs. DGB is currently oversold on the 4hr, 1hr, 30min, and 15min (and still has a little more...
What do you think? Will it break that wall? Soon it will i think. U know whats happens then.... MOOON
If the chart stays above the triangle it should break the first resistance line. If it breaks the Line, it can go up fast to the second resistance line. If not, make sure it gets support and become a new trend line. Since we have a bull market at the moment as it seems, I would take action now.
OmiseGo looks pretty good. You can still buy it cuz it's cheap. Once it breaks red resistance line it's unstoppable. If it leaves the trendline maybe wait a while. But the Trend is new an it looks like a very long trend. If you have some OMG then HODL!!
Ascending triangle almost formed, possible target 420. Probably new ATH today.
This describes the behavior of the majority Bitcoin vs Altcoins market movement Please, like this idea if you agree, or comment if think differently Good luck in trading!
As clear as day, VRC is flagging a bit on a shorter 2H TF. From the local low of 6700 to a new local high of 12599 to now 9000-9200 ish is to me a very healthy sign, and hanging very strong on .382 retrace. One of the very notable things about the past months price action is it seems to be respecting fib-levels, which is key to attracting the attention of traders....
Altho not a fan of short time frames, as I tend to trade longer time frame set ups, I think this is a bit of important information to consider. Looking at a 30M chart, after the very low voulme retrace, and running a 20MA you can see the constant strikes from below the 20MA up to it and slightly beyond, again and again and again. To my eye this is consolidation,...
Potential Tweezer bottom broken by current candle. Look for and expect the 200MA to get touched. We are surely retesting support levels at this point as RSI on 6H and higher Timeframes continues to move lower. A text book ABC correction, would plow threw prior weeks price levels as if last week never happend. I dont think that is in order here as the volume on the...