Glocken73

Glocken73

The DNT USDT has been in a downtrend pretty much since the spike from the coinbase listing. On the 4HR chart we can see that the asset has started to set some higher lows and we are now waiting for higher highs to see a confirmation change. The long trendline from the highs of November is coming into play again and on a breakout of this we can look to the fib...

Glocken73

So far we are holding the channel and can see more potential upside if we maintain this movement.

Glocken73

On the daily timeframe we appear to be respecting an upwards trend channel which more or less line ups with the fib retracement. Important to note the 1h and 4h timeframes are approaching oversold, I am hoping to catch an entry a little lower, if it drops to around the 4.98-5 USD mark I think there will be more momentum for a pushup to around 5.80 and then 6.18 USD.

Glocken73

The support and resistance lines have been lined up on the graph to be honest like many others I expected a little pullback or some sideways action but the bulls pushed and it looks like we have a v shape recovery pattern playing out. At the moment we can see litecoin hitting an area of resistance around 90 USD but I expect this to be broken fairly soon and to...

Glocken73

BTC has betrayed all supports and any attempts to figure out a pattern based on TA, i don' think that any trader was saying before it would have made such a harsh drop in so little time. Thinking back now though i guess we should have seen. There seems to be more and more correlation with the markets these days, you could just say short them all but the timing of...

Glocken73

EOS Token looking very nice for a potential buy! On the weekly and daily we are seeing potential cup and handle patterns forming and we could see great gains from these moves! Many of the other top altcoins have gone up more than 30% over the last few days/ weeks EOS has moved a measily 11% in the last 7 days, this is nice but nothing compared to what we could...

Glocken73

Hi there, it appears that we hit the previous targets set out in my last analysis all the way up to $12.30 - we saw quite a big retracement down now and found some support at the EMA 250 around $10.90 which took such a long time to break i expect it to act as a fairly strong support level, however we could see a wick down to around $10.59 where the fib and the...

Glocken73 Updated 

Quick look this time, it seems the breakout is all but confirmed now especially if we start trading above the cloud on the daily timeframe. Quick Targets TP1 - $10.75 TP2 - $11.29 TP3 - $12.30

Glocken73

Bitcoin Cash has performed very well the last few days considering the relatively low amount of volume behind it.. I'm sure many of you know already that when the market gets going Bitcoin Cash is the first to lead the way and often has very strong pumps... Looking at the chart now we have pushed through the cloud and this will now act somewhat as support if...

Glocken73

We saw a good weekend movement and we finally broke the 100 EMA on the daily chart but will start to face some local resistance with the ichimoku cloud and the 200 EMA average. We will surely need more volume to satisfy these moves but overall the market has looked very healthy today! TP Targets TP 1 - $10.12 TP 2 - $10.62 TP 3 - $11.30 Selling Targets 1 -...

Glocken73 Updated 

We saw a nice move to the upside over the holidays here but again the 100 EMA average on the daily time-frame proved a step too far! This is a bearish sign and as you can see in the chart if we stay below 8.90 the next points to look towards are around 8.60 and 8.46 if these break then again things look very bearish but for now we seem stuck again in somewhat of...

Glocken73

The price has seen very low volume and it seems that right now the 100-day ema will come down to the price instead of the price pushing up towards it and even breaking through it. We are still stuck in a local range downtrend of about 8.80 - 8.35. If we continue to see low volume, it can definitely be hard to predict either way, however, with very low buy volume...