TradeShark88

TradeShark88

An update on QYOU.CA on the 1hour time frame where we see the development of higher lows on the RSI indicator and a potential cross over on the 10EMA and 50EMA. Let's see what happens over the next few weeks on this one.

TradeShark88

Taking a look at QYOU.CA on the 1 day time frame we see a cup and handle pattern forming. Entry point is at $0.335 and take profits at $0.48 (last resistance). Look for re-entry if breakout past $0.48 and new support forms. Cons: Price below 10EMA Price not quite above 50EMA MACD Descending and challenging negative area.

TradeShark88

Just taking a look at the 1Day timeframe chart on ACDC.V... Potential middle of cup and handle forming, looking for a bounce off that first support of $0.23 (previous resistance) or the next support at $0.175. Cons: Price below 10EMA Price below 50EMA MACD below 0 (waiting for cross above 0). Lower highs and lower lows being created. CSE:ACDC

TradeShark88

KRAKEN:LTCUSD Just my 2 cents on Litecoin.... This trend is following a cup and handle break out pattern. Will provide more analysis in the future.