It appears we're correcting, or perhaps even crashing. Anyone remember summer this year? We'll see who are the true believers.
Breaking out of channel and key resistance level could mean a pretty good run for NMR.
After finally breaking out of a several week long bear channel, BAT is probably going to continue its way up. A bull flag pattern, favorable MACD and Stoch RSI and high volume are some of the signs that seem to confirm this idea. Short term target around 3200 Satoshis.
Simple ascending triangle setup. Breakout confirmation if price closes above triangle. Keep an eye on BTC, because most setups on alts will probably fail once it starts its rally towards 20K and beyond.
I think we should start looking at rising wedges in $BTC as ascending triangles. Traditional TA says that rising wedges are bearish, but we've seen $BTC defeat this idea time after time after it crossed the 12K mark.
Price hovering around the lower area of bullish channel, and also near the low Bollinger Band. Favorable MACD and Stoch RSI on 1D paint a rather bullish picture for this setup.
This chart looks particularly tasty. Price is touching the trend line which has served as strong support since ARK started trading in Bittrex. Oversold Stoch RSI and favorable MACD, makes me think ARK's moment will happen soon, given the position in the triangle. My personal target will be around 0.00050 sats.
After having its rally cut short by BTC shenanigans, CFI shows an almost 100% retracement, bouncing off the lower triangle support trend line. Stoch RSI oversold in 4H and favorable MACD, are also good signs. If the buyers are still there, then we should expect another rally attempt in the near future.
Not much has changed from my previous HMQ chart. The only difference is that the price is currently at its lowest low, after having ranged at historical lows level for almost 40 days. A historical high peak in volume might be a sign of bear exhaustion. I believe that once BTC allow alts to breath a little, HMQ might be ready to move back up.
Simple setup: Almost 100% retracement from last peak. Price at the bottom of the channel and bottom of BBands. Price close to the floor/strong resistance, but up-trending and developing higher highs and higher lows. Bullish divergence on both RSI and MACD indicate an incoming movement upwards. If develops enough momentum, it could reach higher targets, or perhaps...
ADX still looks bullish, having moved sideways since my previous setup. Price seems to be forming an ascending triangle (bullish), Stoch RSI and MACD both pointing up in 1H, plus a bullish divergence brings the expectation of a possible movement upwards higher.
It's very likely CVC's has exhausted all its sellers as price has been hovering around its all time low for over 3 weeks now. Favorable MACD and oversold Stoch RSI on the 4H are pointing up. The fundamentals are there, so there's no reason why CVC wouldn't be able to join the party. With targets ranging from 40 to 400% it really doesn't matter if the price drops a...
After having retraced almost 100% since last massive rally, the chart shows a similar price consolidation as previous pre-rally consolidation. Price sitting at strong support and a bullish divergence on the MACD also helps. As far as fundamentals: master nodes soon, which could push the price to a new ATH.
The Coinpouch drama affected XVG's price, but not as much as I thought it would. Maybe this is a sign of strength, not sure. What I do know is that XVG is at Black Friday's prices. It CAN drop further, but I'm re-entering at 64 sats.
Price near ATL, definitely in the buy zone. Also at bottom of BBands, which are narrowing preceding volatility, and Stoch RSI oversold in 1D. There was a recent breakout attempt which failed due to BTC's massive bull rally.
XEL shows conflicting signs but overall seem about to move up, considering its price just came out of its ATL. Potential short term profits to up to 44%, and possibility to much higher gains if it decides to rally towards a new ATH, not something I'm personally counting on, but who knows.
At recent lowest low, it's just matter of time before price starts moving up again. Profits could range between 18% all the way up to 80%. I wouldn't get too greedy during these times of BTC supremacy. My personal highest target would be 115-120 sats.
Consolidating at the bottom of the channel and BBands with bullish pennant. Stoch RSI and MACD curbing up. I'm expecting the price to bounce back up from here.