Not super sure what's going on with ETH at the moment, but this descending triangle doesn't look very promising. I'm sure we'll see a reversal soon, but I'm still looking for signals. Volume, RSI, and Ichimoku all look negative to me. If we drop down to the bottom of the triangle keep a close eye on ETH. Marked a possible buy zone if the reversal is signalled.
I really hope I'm wrong about this, but it looks like a reverse flag formation. Might see a big drop in SC for a while.
Ripple has been in a down channel for quite some time now. Looks like a falling wedge has developed though. This could signal a reversal. It's going to take a lot of work to break the downtrend though, and I don't really trust Ripple that much. But it might be a good coin to watch.
SC has recently broken the downtrend and has shown some positive upwards movement. Looks like it will have to break out of this triangle to continue moving up.
ETC has fallen quite hard after a pretty big rally. In the long term ETC is going to have to breakout of this triangle in order to continue this upwards movement. If it doesn't there are several levels of strong support to fall back to. I've highlighted what I think is most likely.
SC is forming a possible cup and handle. Expect a dip before more up movement.
BTC has been tantalising close to taking out the ATH for the past few days. I think that we might see a pullback once this cup formation is formed. If the handle forms BTC will probably bounce of the support and take out the ATH within the next two days.
The downtrend has finally broken. Bottom established around 265 sats. Beginning to rebuild. We are at a critical juncture now as SC tries to break out of this triangle. Heavy resistance and overbought RSI show that there will be dips before more upside. With any luck we will be on the way to 400+ again within the next week.
I really hope I'm wrong about this one, but it looks like XMR is forming a descending triangle. Support has been solid over the past month or so, but resistance is also strong. If we see more instability in BTC we could easily see XMR slip a bit to previous support. I hope not, but you have been warned.
Ascending triangle forming. Ichimoku signals continuing support but RSI shows LTC as overbought so we will see a pullback before it tests the previous high and tries to breakout of the triangle. If it breaks out it could be a megabull.
LTC has recently broken out and it looks like upwards movement might continue if the handle is formed on the Cup and Handle formation. Ichimoku and RSI look solid. Looking for a retest of the previous high. If it passes that mark we are golden, but that's still a while away.
ETC looks pretty damn good at the moment. Looking to breakout of an ascending triangle. Ichimoku and RSI look pretty good. If we hit the green line it could boom hard. How long is it going to be before ETC makes a run for 0.01?
Seems that LTC is forming a descending triangle, which could signal a bearish move however support looks pretty strong so it might breakout and make a move upwards. Need some stability in BTC and volume.
Ethereum is on a clear downwards channel. I expect this trend to continue for a while. Ichimoku looks bad. RSI looks bad. Also, as Joker-01 pointed out, looks like a Head and Shoulders pattern just formed. We will probably see a bounce off the 0.093 support line, or perhaps even lower at 0.086. I highly doubt we will see a fall below there. As I said previously,...
This past week or so has sure taught me a few harsh lessons. Due to the instability in BTC it is so hard to predict anything right now. But for what its worth here is what might happen with SC if the downtrend continues. I still believe in SC, but the winter may be long and very cold.
ETC has been riding the same support line for close to a month now. If we see some stability in BTC and increased volume we could see a breakout from the wedge within the next week or so.
ETH broke out yesterday for a few hours but now it is falling back towards recent support. ETH has retested the most recent support a few times now over the last few days. I think there might be another break out attempt within the next 3 days. Stoch RSI says that ETH is oversold. Ichimoku is showing a turn on the upside. I'm looking for the lagging span (purple...
Things are very unpredictable right now, but it appears that ETH will have to make a decision in the next day or so. Breakout back towards 0.12 or fail to breakout and drop back to previous support, maybe 0.106. Below 0.1 is possible at this point.