Buzz_Leighton

Buzz_Leighton

Downtrend continues... The price is currently at 1.2123. I expect the next leg down (shown by the arrow). The purple line is the next buy point, expect a possible trend reversal here (around 1.205). This downtrend towards the buy point is also supported by the bear flag shown by the trend lines. The price could also move up a little before making the next leg...

Buzz_Leighton

Check my simple idea on the chart. Bitcoin breakout

Buzz_Leighton

Note the following from my 15m chart: A) Iota is currently in an ascending triangle (uptrend). It is also running out of space and looks like it will break around 4pm EST. B) The 50 day moving average is currently acting as a support. C) A cup and handle has formed which is a strong indicator of an up move. D) The key here is the purple resistance line, it...

Buzz_Leighton

BNB right now is struggling against the 200 moving average which is shown on the hourly timeframe. I believe that very soon it will crash down out of the channel and bounce off the 50 moving average (shown by the orange arrow). This will result in a fast move back up through and beyond the channel towards my first target of $50.

Buzz_Leighton

The purple support line shown on the chart is very strong indicating the price should be going up very soon.