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Monero increased a little but the failure to close above the lower median line (lml) and above the minor uptrend has signaled a potential drop.
We may sell it after a valid breakdown below the 151.260 level. The first targets will be at the 150% lines.
The crypto pair decreased today and could pressure the 0.005564 critical support level. A valid breakdown will confirm a further drop. Only a valid breakout above the downtrend line will announce a broader rebound on the Daily chart.
BCH/BTC dropped significantly today and could inalidate the breakout above the upper median line (uml) of the descending pitchfork. Price has found a very strong resistance at the 50% Fibonacci line of the ascending pitchfork. A failure to close above this line could signal that the rebound is completed and the price could start another leg lower soon.
EOS plunged today and now is pressuring the 50% retracement level. The fasle breakouts above the upper median line (uml) could send the rate towards the median line (ml) again. Thsi scenario will take shape only if the rate will close below the 50% line. i want to remind you that a valid breakout above the 250% line will signal a signficant increase.
XRP/USD has reach the 150% line which represent a very strong dynamic resistance. The price was send lower again as the all major crypto have dropped today.
Ripple will become strongly bullish after a valid breakout above the 150%. However, it could also increase between the 150% line and teh WL1. It is very important to see where it will close the day because it...
Bitcoin dropped significantly today and is almost to reach the broken upside line of the down channel. It has found strong resistance at the SL of the ascending pitchfork. It will become strongly bullish only after a valid breakout above the sliding line (SL).
A failure to take out this strong dynamic resistance it will send the rate down again.
ETH/USD has made a valid breakout above the outside sliding line (SL) of the descending pitchfork. The breakout needs to be confirmed before we can think at a further increase. The rate could come down along the SL to retest the LML before will jump much higher towards the 50% line.
DASH/BTC rallied and seems determined to approach and reache fresh new highs in the upcoming days. The failure to reach and retest the lower median line of the down channel signaled a rebound on the short term. It should reach at least the 50% lines and the upside line of the down channel. Actually it should be attracted by the confluence area formed by the...
DASh/BTC stays right above the lower median line (lml) of the minor ascending pitchfork and above the 0.03994812 swing low.
The perspective remains bearish on the short term as long as the rate remains within the down channel. Only a breakout from the down channel will send the rate towards the 50% line again. A valid breakdown below the 0.03994812 level will...
Price has bounced back from the downside line of the major triangle and has managed to stay much above the 106.52 static support. I've drawn a minor ascending pitchfork, so a retest of the lower median line (lml) followed by a significant increase will signal a larger rebound in the upcoming period.
However, a valid breakdown below the wl4 of the former ascending...
PAYBTC changed little in the last days and seems undecided on the short term. Technically, it could drop towards the SL and towards the 0.00010500 static support after the breakdown below the lower median line (lml) of the major ascending pitchfork.
It will drop only if it will take out the 0.00011990 static support. A failure to drop further followed by a valid...
Price drops within a down channel and is almost to hit a major dynamic support. It is pressuring the 0.05915377 static support and the 61.8% retracement level. The perspective remains bearish as long as it stays within the down channel.
A valid breakdown below the warning line (w1) will confirm a further drop at least till the 76.4% level.
Price increased but continues to be under some selling pressure on the short term as long as it is trading below the SL of the ascending pitchfork.
The rate has shown an oversold signs when it has faield to reach and retest the downside line of the down channel.
You should know that the perspective remains bearish as long as the rate stays within this channel. A...