- Although an obvious pattern of Cup and Handle in larger part but price action has been downtrend by uprising of btc price make me rethink of this pattern come to fruition by the looking of indicator looks like. - Symmetrical Triangle pattern is more visible in short term and made sense as the outcome is undecided. invalidated once the price action decided to...
Keypoint : - After fail to retain it's bullish up trendline, currently it's been not looking so well as it's more looks likely to test it's previous low around 4000 satoshi. - On Bullish side, This also could be a reversal pattern in forming such as double bottom pattern or Rounding Bottom pattern and similar reversal patterns IF the price action manage to...
- Currently it'strying to consolidating on nearest fibonacci line acting as a support for now. check the chart for detail. - Broke one of those fibs line result a break up or down in price. Meanwhile, i expect a consolidation between fibonacci line before it decide which trend it would be. - a bullish divergence is sighted on macd clearly, also a spike of buyer...
- Corn have an exponential growth recent month. but i expect a consolidation after it hit the 2.618 fib line(golden ratio fib) area just like in 29 may 2019. - Bearish Divergence sighted but it could be negated if the indicators could rise in a same level as a previous level high. - expect a golden ratio fib, EMA and SMA as a potential support and resistance...
- Ascending Triangle pattern is a bullish pattern, expect to reach next upper fibonacci line whether it's success to close above the upper triangle or broke the trendline below the triangle - Ascending Triangle can morph into some other pattern like Bullish flag if the percentage is remain bounce between current fibonacci line/ Side way action. whether it's goes...
It's seems btc/usd still above the important area that is mentioned. which is bullish trend is still persisted currently. - Yellow fibonacci line (fibonacci sequence x 1.618) is expected to be a important support and resistance. the closer recent fibonacci line with the golden ratio fibonacci is expected a heavy resistance and support. break one of those would...
On 1 Day timeframe DMI , DMX(strenght momentum) is fallen sharply while dmi+(green line/bullish trend) below dmi- (red line/bearish trend) and still closing with each other indicate a bearish momentum is slight dominate over bullish trend with low strenght currently. MACD, macd line and signal line is get rejected back to bearish area although the seller...
Keypoint : - Orange line : Fibonacci sequence x 1.618 from October 2008. Yellow line : Fibonacci retracement 2018 white line : Projected Down Trenline from september 2016 Closer they are (orange and yellow fibonacci line) in between the high resistance/support is expected - expect a down trendline would be tested and a possible retracement once it's touch that...
ZEC/BTC is start to made it's bullish impulse movement atleast for short term. As long ZEC/BTC remain above these current trendline the Impluse movement will keep continue until it's broken. Using Fibonacci line with only golden ratio x 1.618 to see a important line of support and resistance. Indicators is pointing upward and seems in synchronized along with...
STR?BTC get rejected by SMA (simple moving averages) and previous up trendline which is very bearish for current trend. Right now, the price action is teasing to break the support fibonnaci line which if it cant hold or manage to get above that line. would be a devastating dump for this asset. Indicators : MACD is building it's seller histogram sign of the...
- As long the price action moving inside the triangle and above the up trendline, it's still bullish and also invalidated the pattern once the price action did broke below the ascending triangle up trend line or by prolonged sideway. - confirmation appear after price action manage to surpass the upper level of ascending triangle area. around 0.464 - 0.471...
Due to Halvening for litecoin is approaching. LTC/BTC had a run for quite a while. On 1 day chart. if Cup and handle is formed. i expect a huge break out above resistance line around 0.0185 satoshi if it do broke out that resistance. mean while i expect a minor consolidation from each resistance/support by fibonacci retracement. Vertical line is a date for Ltc...
Evening star candlestick appear and ready to close the weekly. valid during the asset in bullish trend like btc/usd. we will see what happen.. this chart is invalidated once the price action somehow regain position above last weekly candle and get above it. PEACE.
1 day timeframe. After BTC/USD broke the previous down trendline resistance around 7900, BTC/USD is challenge the resistance at previous high (8930) and looks like it still struggle to get above that level. bullish momentum indeed while if it's managed to close above that level, as long the price action can held the recent trendline i'm bullish for this price...
Gold/USD is moving inside the ascending triangle Pattern and held above the current up trendline in weekly chart. Recently it hit an upper line of the resistance. If the price action do retrace, I assume the current up trendline or fibonacci line would be a good bounce in price action and buy opportunity. Indicators: Macd line cross over with signal line for...
Currently, on 4 hour chart. xrp/btc is already broke it's latest up trend line and i supposed if this symmetrical triangle do work and the price action cannot go back above the previous up trendline soon. I think it would be bad for xrp/btc price. Indicators: DMI is looking bearish as dmi-(red line) is above dmi+(green line) DMX (blue line) is still have much...
On 4 hours time frame. Xrp/btc recently just fail to maintain their value above 200 EMA and look like it will just cross the uptrend and down trendlines.. which is bearish for a long term.. see fibonacci retracement for potential support and resistance for short term. Indicators : DMI : DMI- is spike up like crazy, DMX is still weak but starting to pointing...
My excuse for the title is merely not clickbait as it's been seen on ada dominance chart is currently rising along side with ltc dominance while most of Altcoin (most of 10 biggest marketcap) is going down or consolidating. Currently it's testing 200 EMA on 4 hour chart and it's looking bullish from it's indicator DMI+ is rising significant, dmx is currently...