Illustrus

Illustrus

We have had a good run so far and the cup and handle formed nicely and took us up. So what is up now? Well it seems we are working ourselves through an ascending triangle for now and might take a slight dive and for an upward turn afterwards (hopefully to a new ATH). I have marked out the support/resistance floors that we might be working with going forward.

Illustrus

As an update to the recent developments with BTCST. The update and launch of the new BTC pool gave BTCST a needed jump and took us up. However, as always, BTC has shaken things up as usual and we are still in the uncertain area of "what is actually happening". From my point of view we seem to be in progress of developing the cup and handle, whereas the cup is...

Illustrus Updated 

BTCST seems to have broken out of its descending triangle with a bullish uptrend, which could be due to the upcoming pool launch today. We have quite a lot of resistance floors ahead of us but if my prediction is true, the pattern will upwards could be in the movement of creating a cup formation up to usd 65. If that is the case, i.e. the pattern is in the...

Illustrus Updated 

If support at 56k does not hold, then BTC will likely change channel in the range between 56-51.5k

Illustrus Updated 

ZIL is working itself through an asymmetrical triangle and has hit its bottom unless a break-out downwards occurs in the next hour to come. If not, ZIL will likely trend upwards up to 0.19

Illustrus

Alt 1- Inverted cup and handle with a potential break out downwards to 35 USD - Red line. Alt 2 - Or potential bounce from 35.5 with a break out upwards along the yellow/blue lines. Alt 2 depends solely on buy volume appears. Thoughts are welcome.