OMG is sitting on 2 good daily support levels: the .50 fib retrace AND the uptrending support line (dotted red) Entry: 1550 S/L : 3-4% T1: 1780 +15% T2: 1960 +26% T3: 2075 +34% timeframe: 1-3 weeks
TSX:CPG is also in a channel. This one is almost a year long; and longer term view...does not look very good. lot closer to ATL's vs ATH's If its move from upper end of channel to lower one takes roughly the same time as last couple instances; i think it will likely hit that lower range around 8.35 close to the end of the month (may)...another 2 weeks or so. ...
OTC:TGIFF has been trading in that 50% channel for 4 months now 0.40 - 0.60 couple things i noticed about the chart that may pass over on first glance: ~~~ It seems to make its move UP from .4 to .6 a lot quicker than it has been taking to move back down. (the most recent drop was more rapid than previous several times, however) That kind of tells me that...
If ELF can break that downtrend on the 4hr, shown by the white dotted line...should be nice trade. Entry: (upon d/t break) at 17500 stop: 4% T1: 18900 (8%) T2: 21000 (20%) T3: 23800 (36%)
short and simple: FUEL has been trading in this 1000-1200 range for a bit now. just recently bounced off 1k again and offers a nice 20% gain if continues in this range and goes to re-test upper end
$STORM 4hr chart looking very nice. Would seem that 620-650ish has been acting as good support. Also thinking that $BTC kind of takes it easy over the weekend...offering alts a good opportunity at climbing Entry 640 S/L : 610 (-5%) T1: 700 +9% T2: 750 +17% T3: 800 +25% T4: 950 +48% timeframe: 1-10 days
OMG has been pulling back for 4, 5 days now after massive spike up to 2400ish. Ideally would have held 1900, but 1875 is good secondary support. Its had its breather, now gearing up for another journey?
The daily does give me pause and looks slightly overbought, so this one may need a day or two to cool off, but I am bullish on this testing it's next 2 sets of fib lines from the daily chart. Little higher risk because of how extended the daily is, but i am counting on the momentum to continue. That being said, I will certainly wait for the price to come to me...
DNT appears to have bottomed out on the daily....made a nice spike off that 500ish low almost a month ago, and has been slowly trending up. If it can break that wedge on the 4hr...and if BTC doesnt do anything too crazy, i see DNT taking a run at 1300 and possibly 1600, which is 40, 73% away from 925. Timeframe: 1-6 weeks ~
POA has been consolidating for just about 2 weeks now after that massive green bar on the daily that started around 4500 level. 1st target of 7958 22% profit potential 2nd target of 10948 68% profit potential 3rd target 13938 114% profit potential the first target i am looking at a 3-5 day time frame. 2nd and 3rd...
The more trend lines and indicators that point towards the same general area, the more valid that area becomes (in general). $BTC looks like 8593 is where it wants to travel to.
If ETH can break this 515 area, i am liking 565ish as next target then 600ish This is mostly dependent, of course, on what bitcoin does.
ONT held 5k nicely and has now broken that downtrending resistance line. The targets highlighted are 5500, 6000, 6997. between 5-30% or so. timeframe: 2-5 days on the higher targets. 5500 may only be few hours
BTC/USD daily chart from bitfinex from when it first started trading on there (early 2013) to present. Pretty cool......
i like ZIL here to reverse and go back to testing that 700ish level over the next few days here.
BCPT/BTC has consistently found good support in the 5.0-5.5k area. If you take the recent highs to low, first 2 fib retrace levels would be 35 & 62% profits from 5.5k. (that first retrace level around the 7.5k area also happens to currently be the 200ma on 4hr, which is likely to move lower before the price tested that resistence.) this one has been quiet for...
BTC update...or lack of update : ) been quiet....just waiting for someone to step up and figure out where we go from here. to 6k and below? or higher.