The breakout lines up really well with the daily fib and 0.32 fib level, plus I see the breakout has happened alongside a green 1 trading above a green 2 on the TD sequential (bull signal).
It looks like it will retrace back to the 0.618 fib line, as that lines up well with the power end of the pitchfork channel. TD sequential tells me that this is still in a momentary downtrend. The overall trend is bullish and there are strong fundamentals behind this asset. Be aware of the USD pairs as well. These assets don't only compete against one another,...
I'm not a big fan of PAY as of late, but there are some interesting technical indicators lining up. Look here for info on end-to-end cloud breaks: youtu.be The target would be 0.0006 2nd target would be about 0.0009
POWR has a lot of fundamental stuff behind it, it's not a shitcoin. That said, I see a little bit of bearish divergence between the price and RSI and a wedge may be forming. I think it will consolidate around the 0008540 range before taking off again. If it breaks above .000947 area that would be another strong bullish confirmation signal. Overall it is quite...
I'm seeing a similar pattern on a lot of my favorite alts. Hidden bullish divergence (RSI lower lows, price action higher highs), Ichimoku cloud flip, and with ARK in particular we may see an end-to-end cloud break on the daily time frame. Ark is in a clearly defined ascending triangle. I don't think this is bearish enough to be a triple top; the bulls are likely...
BTC has tested the 235 MA three times recently on the 343 time frame, already well below the 200 MA on the 343 min and 4h time frame. On the daily it has respected the 50 MA and the Ichimoku is still bullish. On the smaller time frame, however, I think it is testing to move lower to roughly 8600, plus the Ichimoku cloud has flipped to bearish. I also see that a...
Yes, other TA folks are correct in noticing that this is about where it was before that massive pre-snapshot run-up. That's because the whales pulled out to save their gains, then others panicked and went elsewhere. That's also typical of news runners. Not to mention NXT has bearish sentiment due to the idea that it will be phased out against ARDR and future...
I think there's a lot of confluence here. It's consolidating a bit longer but can really pop any hour now. Against ETH it's looking great for upside. What I'm seeing: -Ichimoku cloud twist on multiple time frames and lagging span is well above previous prices -Safe signals to buy from the T D Sequential on larger time frames -Bollinger bands beginning to...
I know this is an ugly chart, but that resistance line is putting up a fight. Awesome price action and as long as BTC doesn't spasm we're good. www.youtube.com
I see BTC is in a dead cat bounce about to correct and then consolidate, but the pattern is a bit bloated due to price manipulation from USDT, news about CME futures, and maybe some hidden woowoo magic regarding BCH. twitter.com www.coindesk.com www.cryptocoinsnews.com