TA - A breakout could be seen here along with bullish MACD. It made a good recovery after a sudden dip of last day. FA - Quite bullish as Masternode mainnet is scheduled to be released for this month. #DYOR
1. A clear breakout? - YES! - $BTC has broken the trend and popped out of the long term resistance level. 2. Inverse H&S formed? - YES - A near perfect inverse head and shoulder pattern could be seen here which indicates 1st level of resistance might be 14700. 3. A bullish Ichimoku indicator? - YES - Candles pumping over kumo and the cross over indicate a...
$BTC has tried thrice to break out at around 11,200-11,700 zone in recent weeks and failed every time, it is trying once again and if it crosses 11700, which would ultimately create a break out as well as completion of inverse H&S pattern which might make it extra bullish. Ichimoku, inverse H&S, cup&handle and MACD indicators look quite bullish,it needs some...
Trends are my friends, yes I love trend lines and they suggest that if it breaches this long term resistance zone(mentioned in the ellipse) it could pump like crazy. Once it crosses that, the next resistance zone is at around 14800 followed by 17300. As mentioned in my previous chart, this 10600-11200 zone is going to play an important resistance zone and may...
**It is all about trend lines** $BTC is in a cautious mode at this moment, there are 2 strong scenarios over here: 1. Bouncing off the current support line($9500) and trying to hit the resistance line at around $10600. Once it gets a breakout over there, it may be unstoppable. 2. If it goes below $8800, it may land itself at around $7400, the strong support zone.
Chart and few lines, nothing to say today.
If you consider only TA then $XCP is heavily bearish at this moment. FA is too strong considering it is going for a hard fork and airdrop. I would wait for some more time before entering in this. #DYOR
$ETC has corrected almost 30% and it is still a good bet before March 5th. So far $ETC chart has done wonders and even after a heavy correction chart looks quite bullish. MACD line is still above signal line, candles are way above Ichimoku cloud. Kijunsen still above Tenkensen. In short, next 2 weeks would be a heavy bullish weeks for $ETC and you should not...
$BTC is doing what it does the best. The internal break out at 9k played a vital role over here and it pumped it straight to 10800+. Now the external resistance zone mainly at around 11300-11900 would play and important role over here. Once it breaches that, we might see it touching its all time high once again. PS - It has not yet corrected since its rebirth...
Bitshares looks like a good buying option at this moment for a quick reversal to 3500. In a long term also this coin is going to grow a lot as DEXs are the futures. BTS went below the support line only once because of so many FUDs and de-listing from bittrex exchange, so far this support is holding good and it has bounced off that level couple of times this...
Bitcoin is trying to recover itself from a massive dump of last couple of weeks. The internal breakout could easily be seen over here, if you want to play extremely safe then wait for the another level of break out mentioned in the chart. At present- $BTC is bullish in nature, Ichimoku and MACD both are in huge favour of it. Obviously in a long term $BTC is...
If you trust TA and FA, $ETC is going to be the coin of the month for me. A clear break out could be seen here and the airdrop news scheduled for March 5th is going to play an important role. The resistance line at around .0035 could play a vital role over here, it had tried to breach that line thrice in last 2 months but returned empty handed. Once it crosses...
$SYS coin is waiting for a catalyst to pump itself towards these resistance levels. It is having a range bound movement between 5000 to 6500 sats and once it breaches that level it can test second level of support. They are yet to come up with a masternode release date, it is expected before end of the first quarter. Suggestion: Don't go for a heavy buy at...
A range bound movement with beautiful ascending triangle formation. Elliot wave suggests it would retrace towards .0027 range before taking a massive leap towards .004 or above before Feb 20 (The rebranding date). Feb 20 is going to play an important role for $LSK, investors are getting attracted towards this coin and I expect 2018 would be a great year for...
Bitcoin keeps testing a support line before breaching it down, now it is siting at its second support line and I expect it to stay over there for some weeks before taking any direction. This looks like a good support point until it takes any direction.
$CFI is showing a region bound movement at this moment from 1500sats to 2600sats. It has went to and fro between this 4 times in a row. Now it has dipped and giving a good entry level.
Based on MACD and trend lines $MTL looks quite bullish and might test .0008 or above levels in a few weeks. Chart has already started showing a positive movement and MetalPay app release would help it gaining more momentum. #DYOR before investing.
$NXT Chart number 3: I am very bullish on this coin since under 2000 level. Reasons are: TA: 1. MACD above signal line - Bullish 2. Trading above Ichimoku cloud - Bullish 3. Convergence line above the base line - Bullish 4. Gaining huge amount of volume - Bullish FA/NEWS: 1. $IGNIS snapshot scheduled for the end of this month, you would get 0.5 $IGNIS per...