FlorisDeJongh

FlorisDeJongh

On the 4 hour chart we see that the price of ADA resulted in a move up when RSI hit the support zone. Although this signal is not the strongest, since we are only using two data points, we may let ourselves be optimistic and predict that the same will happen this third time. My prediction would then be that ada would move up and create support on the upper bound...

FlorisDeJongh

If we plot the TRXUSD chart on the EOSUSD chart we can see a clear price similarity between the two. Logically enough since the two are direct competitors of each other. This price correlation is better seen on the daily chart but i've chosen to post the 4hour chart in order to zoom in on the upcoming breakout. This may or may not signal a breakout for EOS but the...

FlorisDeJongh

Vethor seems to have been taking a break since RSI was overbought. It seems to be nearly ready for another major move. MACD on the weekly also is very bullish

FlorisDeJongh

The vet/btc pair seems to have broken out of a falling wedge and made support on what was previously resistance. I think we can expect Vechain to make another leg here. Vechain has fallen behind in the Coinmarketcap top 25 while I think you could make a case that it does more than some of the top 15 coins. If you assume that altcoins will outperform bitcoin in the...

FlorisDeJongh

With the breakout towards upper levels of bitcoin dominance, we could expect altcoins to outperform bitcoin until bitcoin reaches all time high levels. In this connection, band seems likely to break out to the upside of the falling wedge. the MACD on the weekly shows a golden cross but it seems weak to me. Let me know what you think.