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We all know that the altcoin market is very oversold and it is only a question when the smart money gets in - if it didn´t already. Right now we can see a very good swing trade setup on Neo in pair with BTC (and USD as well).
Neo is currently sitting on a huge support, so we are trying to get into the trade now or somewhere in the orange zone of liquidity pool. ...
Zen is on a huge support and confirming his strength. It´s a great buy right now, but if you like to lower the risk, you can wait for the potentially lower price of 15,5 USD. That seems like the best buy level.
We should test the resistance line of the descending triangle around 26 USD, that is 67% gain from a recent price. On the other hand, 13,8 needs to be ...
Hi guys, there are altcoins in top 20 that fall a lot (Neo), or Alts that fall just a little (ETH). But there is also one altcoin that is growing quite a few months already. This altcoin is Stellar and you can see that it made it´s year´s low already on february. Since that time, we´re in process of making higher lows and lower highs, so creating a clear triangle. ...
It´s not very complicated idea for today - altcoins generally are totally oversold at the moment. What we see on a weekly LTC log chart is:
- Oversold stochastic oscilator giving us long signal
- huge horizontal support on level around 50-55 USD
- sitting on support trendline of the falling wedge.
Now, guys, what else would you like to see? This is a clear buy ...
IOTA in pair with BTC shows a falling wedge pattern and huge support just here. It looks like a really good setup for a trade.
Of course there is a lot of fundametlals changing the game, like ETF supporting "only BTC" and leaving alts behind. If IOTA braks the support zone, the pattern is crashed of course. But our tasks is to find really good trades. This is one ...
The price of NEO has been really down, even in compare to other assets. It is actually on the very same level where all the hype started in november!
Since the break the price is moving in a perfect downtrend channel (on a log scale, if you´re watching the usual one, it is a falling wedge). At the moment we´re very near the support line.
So the scenario I await ...
Hi guys, there´s another update on Ethereum chart, we can clearly see head and shoulders pattern getting formed over here. It is gonna get closed on the 650 USD area if we reach it. So here´s really critical area to watch - if we break it, there´s basically no major support until the 500 USD.
Thanks for checking and please don´t forget the like and follow ...
Hi everybody! Maybe i am the only one who sees that, but there is forming pretty nice and big Head and shoulders on BTCUSD at the moment.
I am awaiting retest of the blue line, which is valid mid term trendline. If we break through it things could change a little bit, but until then I am very, very bearish on BTC.
As I showed in my other analysis, I think BTC ...