HumbleDumbell

HumbleDumbell

At the current fall on the C line of the Elliott waves, it is likely to have a retracement of 50% down to the average price of 0.0082 btc. Considering there is nothing on the horizon for Neo in the next few days or weeks, the price drop is likely. Conservative people can set a buy limit order at 0.0085. Thoughts? Am I missing something? Please let me know.

HumbleDumbell

ADX shows that the market is not trending in any direction, but QTUM has already retraced back 60%. If it follows the Elliott waves theory, there is a chance this is either the lowest or the second lowest point if it hits 75 below. there is a 50/50 chance for it to do so as it failed to push up during the conference in Korea tomorrow, showing a stronger sellers'...

HumbleDumbell Updated 

The price has been going down, bu RSI says it is approaching oversold. Interestingly, on volume balance has been increasing, suggesting there is a possibility of an upward breakout soon.

HumbleDumbell Updated 

If you want to make a dollar or two from scalping, watch the lower support and buy if you see signs of reversal upon reaching that point. I'd say it is a likely buy if it reaches the bottom, stronger line of support. That said, Aug 2 could bring either a surge or a major dip. Watch the news carefully and don't go against the overall trend. So far, it seems to be...

HumbleDumbell

Dash was hovering at an all-time high for quite some time and helda strong position for a while gaining 40% in price after the mid-July crash. Up until now, it seems its holders were unwilling to sell it off, but it seems the fact it has been high for quite some time coupled with the massive sell-off of altcoins (probably to pump that money in growing BTC) has...

HumbleDumbell

Litecoin has been continuously breaking the support line of the 4-days period and is now past one of the stronger (in blue) fib convergence lines. Unless the sentiment on the market changes, it is not unreasonable to expect it hit 38.3$ and maybe go below.

HumbleDumbell

The volume is low and goes up on dumps and selloffs. If it breaks the bottom support up-trend line, we can expect mid-July lows. Worth keeping a close eye on Lisk for the next few hours. It is possible people are moving funds out of the altcoins and into BTC to get free BCC. Prices have a good chance to go up after Aug1 once the BCC/BTC funds are reinvested...