I know it's a lot to take in, many would say this is too many indicators, and I agree. I only wanted to prove a point by showing that there is confirmation across the board for a breakout. Volume spike= BOOM. Lets see how it breaks. No volume = the bulls will lose interest and sell and the bears will break down the price with shorts.
Bullish continuation signal on BTS hourly chart
BTS is currently in an ascending channel, after a sharp increase, giving us a nice bull-flag formation. Zooming out to the daily, we can see previous price action in the 0.00004700 area. I would expect for us to re-test that level. I see great potential in this project. Decentralized exchange/banking/financial services. Market cap still under 1Billion, it has room...
Syscoin is a great project. They are aiming to take down the digital marketplace as we know it. Amazon, watch out! Check out their website for more info. This coin has yet to see a massive move, but I feel it is coming soon. On the road map, Syscoin 3.0, including masternode release, is scheduled for April 30, with an airdrop coming on May 31. I used a Fib...
We have a nice bull-flag here on the EDO charts. This is a small-cap gem. Upcoming airdrop on May 8. Debit card coming this summer. This is a great project with tons of room to grow. I expect some more consolidation before another big move up. Do your own research, enter at your own risk. Small cap projects have big risk, but huge potential reward. Check out their...
We have established a nice upward trend line. We have a couple of resistances ahead of us, but if the market continues to grow as it has been, we should be able to realize these goals. Likely swing pivots - 0.00150, 0.00190, and 0.00225
I think we may be ready for a break to the upside. After the sell-off tuesday night, we corrected into a wedge formation. After a failed break-out yesterday, we found support on the top edge of the wedge, consolidated within a very tight range, and we now seem to be slowly curving upwards. I will be looking for a break above 0.00009300 to confirm. Good luck
It looks like BNB may be ready for a strong move. Cup and handle formation on the daily chart. MACD is crossing over. If we can keep volume, and the market conditions are favorable, we could see some very nice profits. Good Luck!
Possible scenario. If we have strength and volume, should be able to target the 0.000110-0.000120 range.
As long as we can keep the volume and momentum, we might be ready to go up
It looks like we have retraced nicely. If we can see the RSI drop and some volume come in, we will have another impulse. If not, we may consolidate within a channel or drop to the next support. I would wait for confirmation before entering.
Wave 3 in progress. Target 1.618 extension (0.00000827)
MACD is totally flat, accumulation pressure is so strong you can feel it. This crypto has been building for a couple weeks. There are multiple news items coming any day that will absolutely moon this thing. (iOS app, new partnerships, StormGigs) I've been waiting patiently, as have so many others. This built up anticipation will fuel the rocket. I hope it comes...
After a month of sharp sell-off, we're looking at a red 9 on the TD sequential indicator, the RSI is oversold, and we're sitting at a previous support level. I think we can safely expect at least a dead cat bounce, if not a reversal. Keep watch, do your own research. good luck
Ontology has been consolidating in a channel, after correcting approximately 50% from it's massive run last week. IF we can close above the upper channel resistance at around 0.0005300, with some volume, we can see another impulse begin. We can look for a target around the 1 to 1 extension of the previous wave up, 0.0007500. This is not an extension of the entire...
After a long correction, we have seen impulse wave 1, bringing us up above the 200EMA. It retraced back to the 200 and bounced up into wave 3. We can target the 1.618 extension (0.0004361). If it continues in a smooth, curvaceous uptrend, it will form a nice cup with the previous high, hopefully giving us a handle to buy before a massive spike. We can see how that...
After a long consolidation in a channel between 0.00235 and 0.00255, we seem to be ready for a break to the upside. I have drawn a possible scenario in which we take a fibonacci 5 wave impulse up to the 0.00350-0.00375 range. This will be the sub-wave set of greater impulse wave 1. Once this cycle is complete, with wave 2 exhibiting an ABC or WxYxZ correction, we...
Two different bullish scenarios. (1)- cup and handle formation, target the same distance up as the bottom of the cup to the top of the cup. (2) Elliott impulse wave 3, target 1-1 extension (conservative)