f3ok3ko90690ghj6h359053g9jg

f3ok3ko90690ghj6h359053g9jg Updated 

Despite BTC's parabolic bull run, Ethereum has shown signs of life on both Bitcoin and Dollar pairs. Recently, ETHBTC reversed at the 50% Fibonacci retracement level of the previous rally (which also overlaps with the Kijun Sen on this time frame). This is a textbook pullback, and a bounce at this level normally suggests that the bull trend is likely to...

f3ok3ko90690ghj6h359053g9jg Updated 

During BTC's bull run, ADXBTC breached a long-term support and price suffered as a result. Since then, it has steadily been building an uptrend support and recently had a strong move up into the Kumo Cloud. There are at least two possible scenarios here. 1) The close inside the Kumo is actually a bull trap and ADXBTC will bleed back down towards the support...

f3ok3ko90690ghj6h359053g9jg

BTCUSD has reached both Fib extensions that were projected from the $5000 - $3000 correction. The next pair of Fib extensions, projected from the $7900 - $5400 correction, sets the Fib extension targets at $9500 and $12000. Incredible bull run by Bitcoin.

f3ok3ko90690ghj6h359053g9jg

Bullish divergence on both the RSI and MACD on the ETHBTC 1D chart. First target if the uptrend continues is the blue box.

f3ok3ko90690ghj6h359053g9jg

The 0.618 Fibonacci retracement was acting as a strong support until it was broken, and it recently acted as a ceiling for price (thus flipped resistance). LTCBTC recently tested this level and was unsuccessful (having been shorted at said Fib level which also converged with the 50 EMA) - denoted by the green box. 3 possible entries (all shown by the light blue...

f3ok3ko90690ghj6h359053g9jg Updated 

XZCBTC is still making its way through a falling wedge, and will be looking for a bullish reversal as the pattern fills out. This chart highlights potential zones for a bounce, target zones if the reversal comes to fruition, and a support zone if there is no reversal.

f3ok3ko90690ghj6h359053g9jg Updated 

Having posted a bullish correction chart for this pair previously, here's a more bearish one for the sake of balance. Previous corrections have taken price to the Kumo Cloud on the 1D time frame, where it has consistently found support. Using the idea of the Kumo Cloud as support, and by using Fibonacci retracement levels from the two previous corrections to the...

f3ok3ko90690ghj6h359053g9jg Updated 

Triangle support has kept price above 6.9-7k even with closes below the Kumo Cloud. 7k is a strong floor both technically and most likely psychologically as well. Dropping below 6.9k and heading to ~6.6k zone very much plausible if breaks (see my earlier chart for the reasoning behind the 6.5-6.6k zone). Breaking this level would breach the triangle support,...

f3ok3ko90690ghj6h359053g9jg

KMDBTC has been using the 78.6% Fibonacci retracement level as support for a while. This support has remained unbroken, even during this altcoin bear market. With news on the horizon and this resilient support still in play, KMDBTC may be a winner when/if(?) altcoin markets are back in shape. The first dICO takes place on the Komodo platform in November, which...

f3ok3ko90690ghj6h359053g9jg

With many expecting BTCUSD to correct after the B2X fork, I decided to look at what a reasonably bullish correction would look like. Put simply, the outlined zone (highlighted by the horizontal red line) offers with a Kijun Bounce on the 4H time frame in a zone where Fibonacci retracement levels overlap. A Kijun bounce is when price tests and bounces off the...

f3ok3ko90690ghj6h359053g9jg

A bit dramatic, but this is really a key level for LTCBTC. Having broken through the 61.8% Fibonacci retracement support, Litecoin looked doomed. However, a bounce at a lower Fibonacci retracement level gives some hope. If this is indeed the bottom, the difficult ceiling to break through - you guessed it - will be the previous support turned resistance. Beyond...

f3ok3ko90690ghj6h359053g9jg

Similar to my previous chart of ETPBTC, DASH is also respecting a Fibonacci retracement level and showing a bullish divergence on the RSI. Blue lines are Fibonacci retracement levels, and the green lines are short-term targets if this is indeed the bottom. Red horizontal line is the support in case this level does not holld.

f3ok3ko90690ghj6h359053g9jg

It has undoubtedly been a rough time for altcoin markets. This BTCUSD 1.18% rally has left many at ATL levels, with traders wondering whether some of these will ever make a comeback. As BTC cools off, we're starting to see some tentative signs of life from the altcoin markets. Fibonacci retracement levels holding, bullish divergences on oscillators, and more....

f3ok3ko90690ghj6h359053g9jg Updated 

MTLBTC is resting on an unbroken trendline support and around the 0.786 Fibonacci retracement level. As a rule of thumb, when BTCUSD rallies (as it is at the time of writing this), altcoins suffer. That being said, MTLBTC has a chance to show the strength of this trendline support once again. Indicators on lower time frames are signalling the need for a further...

f3ok3ko90690ghj6h359053g9jg

NAVBTC is showing some signs of bullishness as it looks to close this triangle that has been forming for some time. It has strong supports around these levels (denoted by the red lines) which it has respected for some time. The 1D MACD has crossed bullish and the WT Oscillator has picked up from the ground. I'll be looking for an increase in volume and a...

f3ok3ko90690ghj6h359053g9jg

EDGBTC is back at all time low/starting price after investors dumped it following the news of licencing issues. Fibonacci levels drawn to show potential areas of resistance and targets if it decides to get off the floor. The development team are still active and have conferences and other events upcoming. One to watch!

f3ok3ko90690ghj6h359053g9jg

NEOBTC -1.59% is moving around a strong floor comprised of trendline supports and the 200 EMA . This is significant because it broke the more bullish trendline on my previous chart. Given the relative strength of this floor, a reasonable strategy may be to accumulate NEOBTC -1.59% around the red zone. That being said, this is a key support level for NEOBTC...

f3ok3ko90690ghj6h359053g9jg Updated 

LTCBTC price action speculation using the Ichimokyu system.