After a monstrous rally, Cardano might be prone for a major correction. A symmetrical triangle pattern is forming. This pattern could perform as a bearish continuation, in which case we would be seeing a large drop in price. As you can see, the 0.618 level is acting as a strong resistance and the 0.786 level has been broken a few days ago. If BTC skyrockets like...
My Elliott Wave Analsysis has ETH in minuette wave (v) of minor wave 3 of intermediate wave (3) of primary wave . Last night I posted targets for minuette wave (iii) , which it hit today. Then we were looking for a 38.2% retracement to the level of subminuette wave iv of (iii) and we got that move as well. From here we should see new highs before another...
A simple analysis for Ripple with RSI . 1) Identical chart pattern, as for the downtrend line. Waiting for it to break up now. 2) RSI reversal point, after every RSI exhausted to oversold(like in the box) it will have a reversal to buy cheaper if you miss the rally. Now have a nice bullish pin bar for confirmation in the 1H chart. Trade with your own risk....
Ethereum is now testing an area of resistance (Multiple 61.8% Fibonacci retracement, 76.4% Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this area to push price down towards support level at 583 (Fibonacci retracement, horizontal swing low support). Stochastic (55,5,3) is dropping nicely with good...
Ideally pull and form a higher low, some consolidation and a break out of that 16k area.
Crypto is the trend right now. I am seeing bullish-ness, however a break above 0.26 would be a safer entry. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such...
Price is now testing major support area starting at 296 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support, bullish price action, bullish divergence) and a strong bounce could occur at this level to drive up price to next resistance level at 339 (Fibonacci retracement, horizontal swing high resistance). Our next major level of...
Bitcoin has shot up from our support area to our major resistance area perfectly before reversing once again. We’re seeing strong support once again at 15455 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support, bullish price action, bullish divergence) and a strong bounce could occur at this level to drive price up to our major...
Ethereum has dropped strongly and is bouncing off key support at 709 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level. Our next major level of support is at 653 (Fibonacci retracement, horizontal swing low support) and our next major level of resistance is at 804 (Fibonacci...
If the BAT pattern consolidates in this hour we may experience a run to ~0.76
Navcoin is in an uptrend. BITTREX:NAVUSD Cryptocurrency is in an uptrend. Breakout is likely to be on the upside.
XRP is forming a continuation pendant, decreasing volume, rounding off MACD this is a perfect technical set up. KRAKEN:XRPUSD
ETHUSD has perfect set up for rebound back to upper ressistance level. If momentum stays positive we should easily go over it. MACD & RSI, placed perfectly with bullish momentum and also volume is getting better.
Bitcoin futures are now available for trading under the ticker symbol "XBT" on the CBOE Futures Exchange, LLC (CFE). The Bitcoin value rose on the opening of CBOE’s futures markets and the trading volume immediately spiked at precisely 23:00 UTC when the futures trading opened. At the time of writing the Bitcoin price is trading at $16,730, representing a gain of...
Iota had some really great news + the tangle technology is a really intresting way to solve scaling. Great fundamentals and possibly still undervalued. Chart is looking like a bullflag with a traget of 795$
May be a little early on this but, this could really run up fast if these resistance levels keep getting dusted - This is a BUY/HOLD rating for sure