XRP could be gearing up to start its third elliot wave. RSI is oversold. MACD is turning. It's been holding support at the .5 Fibonacci line, but it could still break down another level. Take my idea with a grain a salt, as you should with every trade you look at.
Ride to the top of the ascending triangle. MACD is turning. RSI rising. Tight stoploss at 3540 Take this idea with a grain of salt as you should with all trading.
Currently $BNB is using its uptrend to finally escape the downs from March 2019. Will it continue to follow the green or fall with the red? If it breaks down, look to sell some position as it may still have some time to go. However, if it bounces, that will provide some great indication to open long positions.
On the smaller time frame, NEO has made a double bottom in its descending channel. This could potentially send it up to the higher part of the channel to eventually complete its bull flag by breaking through resistance and finally meeting around the .0017 barrier. Volume is increasing (more noticeable on higher time frames). Keep in mind a double bottom on a...
We'll see!
Ichimoku is showing support on the daily.
On the 6 hour, the 50 day MA is being overtaken by the 200 MA. As in the past of DOGE, anytime it happens it falls a substantial amount. DOGE is also losing its uptrend.
Is it up or is it down? $DOGE will be meeting two strong resistance lines from the long term. It's currently oversold on the RSI, and it's possible that it could bounce lower after hitting its 200 MA. Could it reached higher heights instead? Sure, but I'm bearish with this right now short term.
If DOGE continues to find support from its previous trend back in June along 27-29 SATS , it's very possible its bottom was back in September, which means it's only up from here. Like past history, once DOGE goes-- it swings up from as little as 10 days to 2 months. It looks like the 50 MA is looking to overtake the 200. If it does this, I believe it'll send...
$NEO broke through previous resistance and is entering a new channel. On top of that, it has rose above its 50 day moving average, and the MACD is showing some bullish signals as well. The Bollinger Bands have been squeezing around the price since accumulating back in August, so it's likely to pop. BTC made the drop to 7,500 today, but most alt/btc pairs remain...
HEXO may be going through a falling wedge pattern, which has the chance of reversing the trend to an upside. It's reached strong support from its long-term trend, and it looks bullish on the 3-day MACD after crossing back in September. Look for it to breakout above the resistance.
An idea on ADA's movement.
Since 2016, POT has stayed within its parameters to where we are today. Either it's going to defeat its 3-yearlong resistance or it will follow that resistance and fall beneath its support its held since 2014. The market is unsure on what Bitcoin will be doing in the coming days/weeks, but my prediction is that it will fall, which usually takes alts down with...
BTG is currently accumulating, but it's also following down a major trend line that used to be support. Breaking this line would indicate bullish behavior and possibly send it to complete its fifth Elliot wave.
Watching what happens the next couple of days as it hits a major trend line. It could be a great buy, but it could retrace further.
What was once support for BTG is now acting as resistance. It's looking to either break it, or it could fall back into the lower channel.
If Einsteinium is following Elliot wave pattern, it may retrace and find support among either 3290 or further down to 3140 before it shoots up for a fifth wave. I'll be putting a stop around 2800. The "Pro" title in my name means nothing. DYOR.