RustyRue

RustyRue

After weeks of continued price decline in the STEEMBTC currency pair, a change to the upside might be at hand. We have seen earlier that a break of the major downtrend line led to some substantial upside. In addition, this time the newly unfolded downtrend line coincides with the 2/1 Gann line, drawn from the high to a significant local low, suggesting the...

RustyRue Updated 

Zcash has been falling continuously with some minor retraces to the upside on the road. It is probable Zcash will follow this path in the future again, but a bigger correction to the upside might be upon us for now. The impulse wave A of the correction seems drawn and the corrective wave B of the correction could be over any time soon. Getting in here and picking...

RustyRue Updated 

As the chart indicates, there might be a head and shoulder pattern playing out for ETH. The horizontal neckline could be discussed, but if drawn like this the calculated price target (subtract difference between top of head and neckline from outbreak neckline) coincides with a big support/resistance level at approximately 2euro. Volume on the right shoulder...