GoldBands

GoldBands

ADA slipped under the midline of the Bollinger Bands, which is the 21 day moving average. Although that is not a great sign for the bulls, so far price has respected the support level of 689 Satoshis. The haDelta though is still very much in the red. The Bollinger Bands are also really wide apart and we may need some time for them to contract and create enough...

GoldBands

Vertcoin continued to move sideways, dancing between the BB midline and the upper line of the 50 day BB (yellow line). Not much to do here but sit on our hands and wait. I'm HODL. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.

GoldBands

$NEO continues it sideways consolidation. One bright note for the bulls is that price did just barely close above the Bollinger Bands midline. Notice that the BBs are starting to narrow. Ultimately this is good for $NEO as price is gathering strength before the next move up. If you like this post, please click the Like button, tell your friends, and re-Tweet!...

GoldBands

Yesterday I said that LiteCoin had found support at the .618 fib and was ready to either consolidate or move higher. Well, today it shot to the moon! It made mincemeat out of the $210 level and closed high above the Bollinger Bands. My next target is $301, which is a 1:1 extension from the 2 day rally last week. If you like this post, please click the Like...

GoldBands

Litecoin consolidated today after 2 huge breakout days. Using the 2 breakout days to draw a new fib, price tagged the 628 retracement level and so far has rejected moving lower. The next bullish move would be for price to close above the 382 level @ 159.75. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This...

GoldBands

Neo continues to respect support levels but has done little else to advance. On the positive side, the haDelta has crossed over, giving a bullish signal today. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.

GoldBands

3 tags of the Bollinger Band midline and each has been rejected. Price continues to consolidate ahead of the mining halving. Today there's a bullish crossover signal on the haDelta. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.

GoldBands

ADA continues to consolidate at support levels. Unfortunately, there's not a lot of room between here and 0. With the great story that Cordano has to tell, I would think that the bulls would step in and buy this up at firesale prices. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational...

GoldBands

It looks like ADA has found support at the previous resistance level. Plus price is now forming a strong reversal pattern with the strong red candle down followed by a small green candle up. This could be foreshadowing of a nice reversal to the upside. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post...

GoldBands

While Vertcoin continues to consolidate, the Bollinger Band midline continues to hold, creating strong support. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.

GoldBands

Neo continued to consolidate, even as many other altcoins broke out of their ranges. One sign of strength is that the lower BB continues to hold along with the magenta trend line. For those long term investors like myself, let's have confidence that every day there's excellent news on the strong foundation that $NEO is creating. I think it's only a matter of...

GoldBands

Litecoin dramatically broke out of its 2 week range yesterday. Notice how the high of the day (12/8) tagged the 1.272 extension I had drawn from the bottom of the previous low to the range's high. Price then closed right at the 1:1 range extension at 127.56. Next target is in the 204.26 - 209.71 range. This is the confluence of the 2.618 extension from 2 prior...

GoldBands

ADA has dropped 75% of the last move up. Price is now at the juncture of previous resistance and the midline of the Bollinger Band (21 day moving average). If this level can't hold, the next support level is at 485 Satoshis. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes...

GoldBands

Another volitile and wild day for Vertcoin. In the end though price closed above the 50 day Bollinger Band's outer line which is very bullish. This says that strength will be building while price consolidates. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading...

GoldBands

Neo continued consolidating today, dropping down to tag the lower Bollinger Band. At that point, buyers stepped back in with just enough strength to push price back above the support levels. However, with price closing under the BB midline, expect to see more price consolidation in this lower part of the range until more buyers come back in. If you like this...

GoldBands

Price is consolidating in the area between the 38% and the 618% fib extension of the 3rd wave up. This is to be expected before the next move higher. In a bearish sign, price closed below the yellow 50 day Bollinger Band's outer band. If price does not quickly climb past the that line, I would expect a bigger selloff, down to at least the midline of the BB. If...

GoldBands

Price is continuing to consolidate in the upper range. I see a very clear cup forming. I've drawn in one potential scenario for future price movement . If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.

GoldBands

Wild doji yesterday as Vert hit a new all time high at $9.43. Now it looks like price wants to consolidate under the .23 fib extension. Support likely to form at 7.00. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.