LTCUSD looks to be in an ascending channel and can be seen by white trend lines. from this we can takeaway that it is still holding uptrend. Bottom trend line resistance has been tested over 6 times and is STRONG. Breakdown below this is a big red flag, I recommend setting stop loss a little under bottom channel trend line. It could potentially head to $40 hard...
STRATBTC Technicals: Falling wedge (continuation pattern, bullish in this example) Bollinger Band Contraction (ready for break-out) RSI Divergence (hint upward movement Fundamentals: Mainnet wallet release twitter.com How to trade: Breakout of falling wedge is confirmed when candle closes above the downtrending resistance line, or top line of the falling...
Technical Analysis We have not seen significant upward movement since we made the run to 400, which was a few weeks ago Ethereum consolidated for almost 2 months, as seen in the yellow box. It is time for a break-out. It is forming a huge ascending triangle, known to have large breakouts. The breakouts of this pattern generally measure from the base at the start...
Lisk seems to have formed a symmetrical triangle pattern over the last week. A break below the lower trendline is used by technical traders to signal a move lower, while a break above the upper trendline signals the beginning of a move upward. I think bulls are in favor here due to positive fundamentals (blockchain meet up berlin announced on twitter, taking...
Symmetrical Triangle. Currently at the bottom of trend. Look at RSI for patterns. Will update later.
Watching for breakout towards the upside as a buy signal.
It looks like NEO has been in consolidation for far too long. It has been almost 5 weeks in the current "range" it is trading it. From the trend lines (white), it looks like it is running out of space. I'm buying below $28, setting trailing losses 5% below bottom uptrend line (white), and letting it ride, as I believe it is very realistic for NEO to reach...
Check details on chart. Last candle was a piercing line. Piercing Patten Candlestick charting formation, similar to Bullish Engulfing Pattern is a bullish reversal candlestick pair occuring at the bottom of downtrends .
Another explosive cycle to watch. First Pump: 927% Second Pump: 293% Third Pump: 489% Fourth Pump: 322% Fifth Pump: 245% Sixth Pump: 68% Average correction length after pump = 20 Days Current correction Length: 46 Days (overdue for pump) Notes: * wait for reversal candle such as Doji for entry * watch out for volume spike & volume of DopeCoin on exchanges *...
We all know what's going on with BCH and BTC. I'm not entirely sure where we stand, so there's not much I can say, unrelated to my chart. Here is what I notice: Bollinger bands contract when preparing to break out, this is very common with Bollinger bands. When price starts going up, buyer volume slowly increases in a near-linear manner. When sellers come,...
As you can see by the chart, ERC seem to like to pop every now and then. I have simplified my technical, visually, by color coding large waves, consolidation, and small waves. Fibonacci extension level resisted every impulse wave, but at different levels. We can see most smaller impulse waves last around 30 days. Watch this pair over the next few weeks, a good...
Stay on the lookout for yes, ANOTHER bullish breakout of BCH
What I See NEM is almost done with the correction back to level 1. Risk minimized. Falling wedge is running out of space Has been down-trending for 4-6 months, a breakout is near Last swing high is very far, at 7000 sats. NEM can move to next fib levels (color lines) What to Do Set buy alerts in zones where falling wedge could breakout. Use an app or...
Trade set up for this. All details on chart. We will find out within 1 hour.
I have alerts set for breakout of orange support line and for bounce of support. Will update.
I'm putting this one on close watch. Follow me at thecryptolabs.com