RoyalOakFI

RoyalOakFI Updated 

ETH found short term support on 2 hr cloud, and got rejected by the Kijun (red line). A break of TK could give a small boost and if support holds, continue to 1000 $. Still not very strong though. Another rejection at 2 hr TK, will bring ETH down to test cloud support. If that is lost the momentum downwards could increase. In other words, still a no-trade zone....

RoyalOakFI Updated 

XVG is tightening up hard! We will see a move in either direction very soon. The market still has interest in XVG since the latest pump. Though that could be on the short side aswell... A small jump above 830 would pass throgh the 20, 50 and 100 EMA on 1 hr which could give a small boost. Breaking below 730 will give a short signal Long above: 830, 880, 1000,...

RoyalOakFI Updated 

Possible Cup & Handle forming on BRD. A break above resistance at 0.000087 can confirm it. TK cross on daily Ichimoku is also happening. RSI not looking great but in these times RSI gives less indication. I have placed approx Fib targets. This is a low cap coin so volatility can be expected. Remember: If the Tenkan/Conversion line (Blue) crosses back under, the...

RoyalOakFI Updated 

The wedge is tightening on BTC and a second test of 9000-9200 resistance is possibly coming up. There are two scenarios as I see it: 1. A bearish smaller wedge is forming, reaching to test 9000-9200 resistance, also around a weekly resistance that is strong. Today is sunday so a close below can show us testing of the previous support levels at 8000-8500. 2....

RoyalOakFI Updated 

RSI is reaching prior resistance around 60 aswell as the 50 EMA on the daily. Still in a nice channel. I would be careful to call it a wedge at this point. A break could bring support on top of the EMA and give yet another uptrend confirmation. Will bring obstacles around previous resistances at 8600 and major 9100. A rejection at EMA could initiate a double...