Siacoin is one of those coins that came down to earth after a huge bubble. The bubble formed a SHS-formation, the drop after this formation was halted by long term support line. Falling resistance got broken (green elipse) and an upward channel got formed. Look for the upward channel to continue, at least till it crosses the neckline (0.00000240 area, red elipse).
Burst coin slided from just shy of 1000 satoshi to a little more than 100 in about 50 days. The slide was accompanied by a lot of bad news about DDOS attacks and forks in the chain. On its way down Burst took out some major supportlevels, which now have become resistance (horizontal and upward red line). Last few days Burst showed resilience, RSI did not manage to...
Neo is trapped in a downward channel. Today it tried to break free on the upside. The break got sold though and Neo is trapped again. Look for new declines till at least the previous bottem (40-45 area), maybe even lower.
After completing a big double top formation, IOTA got caught in a downward channel. It was saved for some time by horizontal support which broke today. Also RSI is pushed down by a negative slopeline. If this RSI-line breaks a retest of horizontal support around 0.000193 seems likely, if the RSI-line doesn't break and goes deeper into oversold area IOTA might...
Bitcoin currently having a sell down. However, imo, it has to ask the support zone of 3800 before it could drop further. I am seeing some kind of support at 3800 for a nice rebounce. Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially...
Monero took out the old resistance at approx 0.025 with a bang on news it will get listed on Korean exchanges. It didn't bother to look back very much, just went for the moon :) In this proces RSI has formed a beautiful example of batmansears (double peak). Look for RSI to fall in the coming days and Monero to test the old resistance line. It is a horizontal line...
A week ago I wrote the most possitive scenario for Neo's price in the near future would be a neutral range. After leaving the apex of the triangle Neo formed a lower high and indeed went on sideways till today. Horizontal support broke, the drop stopped at an old peak-price. Then former horizontal support got back tested and now serves as resistance, the break of...
Six weeks ago Stratis broke a downward resistance line only to get caught in horizontal price movement. Current boundaries are around 0.001225 at the bottom and 0.0025 at the top. Still a very nice playingfield for traders! Currently Stratis price is at a resistanceline within this rectangular box (around 0.00166). A break of this intermediate line would see...
Four days ago Ripple broke out of the downward channel to ran in to an old peak resistance line. RSI recovered from oversold conditions. The question now is will the upperband of the old downward channel serve as support.. or is this nothing more than a failed break and will ripple fall back in to its old downward channel.. For me its to hard to tell right now..
0.14 is a nice support The big boys coins has all makes its move. I am seeing the next possible big move will be this coin. Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to...
This post is legit my old post a few weeks back (tagged it in the notes below). It seems like the setup is going as planned. Looking to buy at 44$ and aiming for 80$ target. Let's go to the sky everyone! Trade with care.
My friends told me to publish it, here you go ladies and gentlemen! Comment, like and share!
After a few rough looking days (good for shorter like myself) I believe we are going to see the bounce back of ETH to $325-350usd. If you were like myself you would have loved the short and rebuy of ETH yesterday. I was still expecting a few more bounces but it seems I am wrong. Anyone who bought at $206 yesterday, great work shout a few drinks for your mates this...
I'm done with this market it's been fun but time to go spend the summer out in the sun.
As of now, it should be pretty clear that we are on a rising channel. Given the fact that this is just the beginning of the long term bull market, there's simply no way we can clearly define which channel the market is following. In the graph, it is defined by the blue, red and pink lines. (With the pink lines as the least confident ones, best suited for short...
After much volume and powerful movement over the last few weeks, I think we have reached a peak after failing to break through the $680 zone. A great rally none the less. It's time for the Bulls to recharge with a short term dip into to the $500 zone which will be seen by many as the last time BTC will be so cheap. I expect a lot of buying at these prices and a...
What do you think? Will the btc/usd move like this in the next days?