BTC has been showing very bullish price action and momentum as of late. The bears have been pushed up against the ropes and now must fight there way out. Personally I am hoping that the bulls win and we break out of this downward wedge. We have wicked out on the daily. But need a strong push and at least one close above the trendline on the daily. This point we...
XRP seems to be in bullish flag, and its RSI is also in upward trends now. There seems to possible breakout and hit the Fibonacci tracement of 100%.
After having fallen out of the ascending channel BTC appears to have found descending support with a descending resistance line above it, BTC appears to have fallen into a falling wedge formation which on the surface appears to be a negative down trending pattern, but could be a sign of building bullishness. As BTC falls down lower into the wedge there will...
This follows the Ascending Triangle almost perfectly and it is looking like there is a nice rise
LTC is temporarly under paralel trendline . If candle turns red, and crosses the trendline , we have stron bullish momentum. First big resistance is near 300.
Many Doji sticks and Sideway Trend, i would wait what time will show us. Maybe Retest of Zone 1 for breakthrough or Backhit to next Zone/ Fib Level. Standing calm for now.
dont trade in the white zone Just my view of the market. Not a Financial advice
CHK had strong downward channel trend that turned around in Feb 2016. Ascending triangle pattern formation, on monthly, weekly and daily timeframes, for long-term swing in price to break upper resistance @ ~$8.00 (this is daily chart). Again, RSI has been so graceful in confirming possible short or long entries for the whole duration of the triangle's...