Litecoin has been consolidating for almost a month and looks ready to make it's u pmove again. There is a small little double bottom that has formed that is also a higher low so all that is needed is to form a higher high and then I think it is ready to attack old highs and then set new highs!
Inverted Bitcoin (BTC) Head & Shoulders (Bottom) Signaled? Bottom Tested 3 Times/Confirmed SUPPORT Level I'm seeing an inverted Head & Shoulders forming with rising volume that at 14,000 could signal the bottom is in and a reversal back up for a New Year's rally in the making. That's what it appears to be doing at this point, and if so, would lift up the whole...
Long-tailed undersides of hourly candles point to strong buying for BTCUSD at current levels. And despite its parabolic run, BTC is moving in orderly fashion while other cryptos like BCH make their stellar blast-offs. What a market! On the daily chart, MACD needs to resolve with a new cross-over.
BAT is bottomed out against BTC. RSI shows bullish divergence on 4H-8H charts. Expecting break-out. TP1 potentially at 0.000027-0.000029 zone, TP2 0.000034-0.000036 levels. SL at 0.000016 level. These are my personal views of potential price action. Please trade carefully!
Breakout from 2.34, but does it have the legs to go past 2.49? Looks like a bottom is in place but will the trend reverse now or much later?
The FIBO level, the shape of the candle and the posterior candle, sail make it clear that we are in the presence of a bottom. After a strong fall, within a descending channel, ETH has to change its tendency. It has two historic and strong resistance to cross. The target is USD 350.- Being conservative, but I'm sure ETH is being "controlled" some time ago between...
Triple bottom on hourly chart .... Buy opportunity with big risk
On the BTCUSD daily chart the Ichimoku Lagging Span is heating an important support level - the Base Line, and it is closely corresponding to the interaction between the price and the Conversion Line on the weekly chart. So I expect a rebound from those levels, at least, if not the real bottoming out
Bitcoin is currently correcting in wave 4. My preferred count for wave 4 is, that a running triangle is developing. Wave C is currently unfolding and should see support near 3,300 for a rally in wave D closer to 4,378 or slightly above. Before turning lower in wave E to complete wave 4 and setting the stage for a strong rally in wave 5. The ongoing decline in...
USD/CAD has seen a nice impulsive decline from the May high at 1.3794. This impulsive decline is coming to an end near 1.1925 and marks the end of wave 1/ of 3. Once this wave 1/ decline is complete a corrective rally towards the top of wave iv of one lessor degree at 1.2778 is expected. A rally back to the top of wave four of one lessor degree is a very common...
USD/SGD - Closing in on strong support near 1.3300 It has been a while since I last updated USD/SGD and as it's close to strong support near 1.3300 it's about time to do so. USD/SGD saw a nice five wave rally from the August 2011 low at 1.1994 to 1.4546 in January 2017. The following decline from 1.4546 is clearly in three waves and is now closing in on strong...
Hi guys, with BTC all go down. If BTC holds hovering above 4100 USD this could be the very bottom according to price movement measured with a trading volume. There is only one volume indicator on my 3H chart due to restrictions of the platform but I used more and all give the same information - with every other fall in price the volume is falling down too. Also on...
GJ setting up for a good risk/reward long soon, maybe a little too late for it but let's see if we can catch the absolute bottom again with this one. RSI is improving while the price is dropping (bullish divergence) which indicated the bears are losing steam and the likelihood of a move up has increased. In addition, it appears as if at that price GJ will form a...
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...
Most indicators suggest an oversold condition such as the OBV, but also the momentum is impressively negative. Athough this situation, the share price won't be able to fall below the supertrend support line. More bottoms have been created yet and the risk/reward is very attractive. The stock is going to set higher to at least 30 euros due to a too negative...
News from Alibaba ($BABA) spiked the stock higher. Some wonder if this is the time to short after all the stock has be up +140% since it's bottom back in 2016. However since the double bottom was put in last year, $BABA has been showing great signs of a stock ready to become the next big IPO that many will say in the future, "if only I had held on to my shares...
If the market were truly bearish, then "Gold" and "Vix" hadn't taking any pause in rallying strongly higher this week. Instead both dipped lower in the last days and the US stock market remained sideways holding above its lows. Until real strong fear starts creeping back into the market there is no reason to panic. Especially if bears capitulate next week, because...
Pretty triangles. Looking for it to recover after it hits $680.