Neo looks like it's poised to break out of the consolidation range in early trading. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
In the early morning hours (in California terms) Litecoin went truely parabolic and blew past all my prior Fibonacci projections. At this point, most technical indicators become worthless. I've removed them all from this chart and have a single Fibonacci retracement set at the 2 day breakout range. Let's use this to gauge where price ends up today and what actions...
ADA slipped under the midline of the Bollinger Bands, which is the 21 day moving average. Although that is not a great sign for the bulls, so far price has respected the support level of 689 Satoshis. The haDelta though is still very much in the red. The Bollinger Bands are also really wide apart and we may need some time for them to contract and create enough...
Vertcoin continued to move sideways, dancing between the BB midline and the upper line of the 50 day BB (yellow line). Not much to do here but sit on our hands and wait. I'm HODL. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
$NEO continues it sideways consolidation. One bright note for the bulls is that price did just barely close above the Bollinger Bands midline. Notice that the BBs are starting to narrow. Ultimately this is good for $NEO as price is gathering strength before the next move up. If you like this post, please click the Like button, tell your friends, and re-Tweet!...
Yesterday I said that LiteCoin had found support at the .618 fib and was ready to either consolidate or move higher. Well, today it shot to the moon! It made mincemeat out of the $210 level and closed high above the Bollinger Bands. My next target is $301, which is a 1:1 extension from the 2 day rally last week. If you like this post, please click the Like...
Litecoin consolidated today after 2 huge breakout days. Using the 2 breakout days to draw a new fib, price tagged the 628 retracement level and so far has rejected moving lower. The next bullish move would be for price to close above the 382 level @ 159.75. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This...
Neo continues to respect support levels but has done little else to advance. On the positive side, the haDelta has crossed over, giving a bullish signal today. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
3 tags of the Bollinger Band midline and each has been rejected. Price continues to consolidate ahead of the mining halving. Today there's a bullish crossover signal on the haDelta. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
ADA continues to consolidate at support levels. Unfortunately, there's not a lot of room between here and 0. With the great story that Cordano has to tell, I would think that the bulls would step in and buy this up at firesale prices. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational...
It looks like ADA has found support at the previous resistance level. Plus price is now forming a strong reversal pattern with the strong red candle down followed by a small green candle up. This could be foreshadowing of a nice reversal to the upside. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post...
Neo continued to consolidate, even as many other altcoins broke out of their ranges. One sign of strength is that the lower BB continues to hold along with the magenta trend line. For those long term investors like myself, let's have confidence that every day there's excellent news on the strong foundation that $NEO is creating. I think it's only a matter of...
Litecoin dramatically broke out of its 2 week range yesterday. Notice how the high of the day (12/8) tagged the 1.272 extension I had drawn from the bottom of the previous low to the range's high. Price then closed right at the 1:1 range extension at 127.56. Next target is in the 204.26 - 209.71 range. This is the confluence of the 2.618 extension from 2 prior...
Price is continuing to consolidate in the upper range. I see a very clear cup forming. I've drawn in one potential scenario for future price movement . If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Wild doji yesterday as Vert hit a new all time high at $9.43. Now it looks like price wants to consolidate under the .23 fib extension. Support likely to form at 7.00. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Price continues to be range bound while respecting the BB midline. haDelta is bullish. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Price just missed the 108.3 target. With 2 doji candles after the big move up on Friday, price may consolidate in this range over a few days before moving higher. If price starts to move lower, look for support at the Bollinger Band mid line. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for...
Neo continues to be range-bound as the rest of the crypto market goes higher. The breakout may not come until next year. But for myself, this is a great time to stock up on Neo. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.