elliotdipierro

elliotdipierro

$MANA looks ready for a breakout, Higher Price Lows + Lower Oscillator Lows is usually a bullish indication.

elliotdipierro

There seems to be a new ABCD pattern developing on $ARK. As long as we don't make anymore new lows, we should be okay for the time being. The UO is showing Higher Lows, paired with the Lower Lows the price is giving us, it would suggest a bullish divergence.

elliotdipierro

With Bitcoin making all time highs recently, a lot of the altcoins have been taking a hit. On the daily chart, Ark has bounced from the 200 EMA, and that was the event which formed our point BC. Overall for Ark the future is bright, but once our targets get hit, i'm expecting a short opportunity, unfortunately there are not many exchanges that support margin...

elliotdipierro

The Stoch RSI is already high up, and normal RSI is sitting right in the middle. ADX failed to cross the cloud and got rejected there. Look for another bounce at support for another good entry point.