Hello everyone!
Zilliqa hit this dynamic resistance 3 times already.
Now it has tested an important resistance as support and looks to break the upper border of the downtrend channel.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
XLM is overall bullish trading inside the blue channel and now approaching the lower blue trendline so we will be looking for trend-following buy setups on lower timeframes.
on H1: XLM is forming a trendline (in red) and an inverse head and shoulders pattern (in orange)...
XRP appears to be at the beginning of the third Elliott wave. If this count is correct, then it could go up to 0.70 – 0.80 in the first intermediate wave. Within this first wave, the first and second minor waves may already be complete. I have estimated the targets for the third, fourth and the fifth waves as shown below:
Wave 3 = 2.618 * wave 1
Wave 4: 38%...
XMRUSD 1H UPDATE - 18/04/2018
Monero is following the path. After reaching yellow box as per yesterday chart, it turned down. The proposed structure is a FLAT from 202.51 to 192.44. So as long as below 205.60, view is unchanged. Although I would not sell here I expect a new leg below 188.15 to equal leg area at 185.30-181.18 where we should see at least a bounce...
What's up traders,
Let's now analyze Ethereum on the 4 hour chart!
Ethereum is trading at 396 after finding a bottom, and offering higher lows since. Based on this being the lower predicted support I am hoping for an up move soon. As it stands, cryptocurrency has been struggling. However, the candlestick behaviour of Ethereum over the last 24 hours has been...
ABCD and incoming E?
Bull or bear?
I see potential ways:
1st way is most bullish and it can go fast with 45k+ signal of make ascending triangle with green 45k line with ending even in OCtober
2nd way is making E in triangle at upper trendline of sym triangle and bearish ending. It should lead to 30-35k double bottom.
2nd way" is E + down of tiangle +30k...
