RSI is still bullish! I'm thinking it will consolidate for a little bit, and visit a few support levels first, then breakout. If it breaks down expect the trend line. Here's what it looks like against BTC: Cheers and GLWT! -Erik
To go to $700 these 3 scenarios should be in play. It tested high for a few minutes last night only to fall off when BTC falls heavily. What I see from TA now 415 is an attractive buy if you think this coin will still run (base on information, technologies, applications etc) Its a Bullish flag formation where it can run to 600-700 in a month time.
Buy above 11887. Stop loss at 10446. Take profit at 15221. Reason for the trading strategy (technically): Bitcoin’s price has continued to rise strongly and it also continues to obey strong technical as seen in our various Fibonacci retracements and projections. The recent swing low that occurred at 12720 was purely a 50% Fibonacci retracement and 100% + 161.8%...
Well if you can see there are always two side to the coins, some bias for major correction base on the news that CME will launch the future market. But lets cut the noise and stick to what we can see, I am no insider anyway. Base of the chart, this coin should go at least $130 before the new year. We have approximate 8 hours from now to see if this current daily...
If you look to patterns of new coins, BCH,BTG etc and this one NEO included, we will see similarity. The first two went to the moon! Base of TA this show very similar pattern and we can at least heading for $52. I have read quite a few analysis from the analyst within the TV community and to conclude its the one of the few coins that has pretty good link with...
seems like a bullish pennant though not sure if its going to break up or down.. my view is its gonna consolidate for sometime than crash? idk
Here we go again; Entry 571.9 SL 577 If that's the top for BTC
We have a nice bullish pattern lining up on this time frame after failing to form the right shoulder of an inverse head and shoulders pattern. Currently price is attempting to trade in a resistance area above the sub-sub fibo at $5839.20. Closing above this area can lead to a breakout of the flag at $5965. Be advised, bullish confirmation is located higher at...
Thesis Long STRATBTC The name has been showing strength lately along with several other US Steel and infrastructure related names. Confirmations: 1. Higher highs on Day chart 2. Higher high on Week chart 3. Above 8 Day EMA Contradictions: 1. Near recent lows Trade: Long STRATBTC Related Trade: None Disclaimer: All charts are for...
We've bounced off of a pretty heavy resistance at $0.24 for the fourth time over the last couple weeks. Pair that with RSI trending upward and all of us heading into the weekend (which typically sees lower volume), and this weekend could see a relatively nice dip - creating the last best chance to add to your $XRP stack leading into the SWELL event. Our first...
Strong base has been forming for months, and with regulators inevitably attempting to curb the spread of cryptocurrencies, the 0x project only stands to benefit.
NEXUS trend continuation. Entering at a pull back of a lower time frame (15-30 min). Fibonacci target as described. GL!
ETH used to have more volatility than Bitcoin until July. It seems like Bitcoin take throne of market from August. When Bitcoin made Record high, ETH moved similar as Bitcoin but quite timid. Still ETH fundamental is stable. Metropolis upgrade planed to be released in near future (Sept or Oct) . Possibly before that, price is expected pump and break main...
Potential to make a lot of gains on this one. We're waiting for PIVX to either bounce off the current support line, or test it and bounce from the 0.618 Fib level. It seems to be obeying Fib levels really nicely and I'm hoping its no different on this occasion. If it does bounce from the Fib level, the I will look to buy in once the price has confirmed that it has...
After pumping really well, Komodo has retraced and started to accumulate again. With little historical data, TA is quite difficult, and can not always be relied on. But we can only work with what we have. The price is approaching a solid support line, which has been successfully tested a few time making it quite reliable. As for the Fib levels, we can see that the...
Opportunity arrises for NEO in coming weeks as the rally overextended and now begins to retrace. Many novice traders jumped in at the highs on fear or missing out, but are now forced to hodl during the correction. Although Neo fundamentals support a higher price a retrace back to the June highs (0.0054) is possible. The Macd is crossing down with the 4h chart...
All the hype on bitcoin about it going upwards on the media, however price is decided to act on the opposite side. For the past 1-2 months, cryptocurrency across the board make a slow drop and different source on the internet have their views on cryptocurrency whether it is plain rubbish or it is the future of currency. From the chart, I am seeing bullishness...