Great breakout above our resistance @ the 0.236 fib (978 sats) while also seeing a bullish convergence on our stoch rsi indicator , triggering a strong increase in volume . Acting support is now our 50 ema (daily around 950 sats) with resistance being around 1200 sats followed by the 1500 sat region.
DUSK seeing a great breakout above 800 sats , triggering a huge increase in volume and price ; we can expect this level to act as support now and can also anticipate this to be the begging of a short/mid term bull trend. Our next main resistance is around 1000 sats followed by 1200 sats.
Good breakout from this flag on our 12hr chart, now testing daily resistance around 8700$.We may see a pullback to test our 0.618 fib @8350$ if we fail this rally(failure to close our daily candle above 8700$) before seeing the next leg up. A Daily close back above 8700$(200MA) would be undoubtedly bullish. Daily supports: 8525$-8350$-8217$ Daily resistances:...
FTM/BTC has been building some good bullish momentum lately after completing this Adam and Eve we have detected, as well as a clean breakout of this parallel channel , we can anticipate price to keep rising for the short/mid-term ; our MACD gave yet again another bullish pulse today signifying that this run may have just started ... Remember to Progressively...
Beginning of the real bear market As we all know BTC has taken a beating in the last few weeks .Many have different theories as to why the market went down so much,but here using Technical analysis the reason is very clear ... in late 2015 BTC had a huge increase in volume and created a bull pivot as well as a bull MA crossing.This ignited the bull run BTC in...
**QTUM/BTC** **ENTER** 620-630 **TARGETS** 700-800-1120 We are expecting a good break out from Qtum soon Great risk/return on this trade -Volume increase -Bullish short-term trend -bullish MA crossing(black arrow) -25ma acting as support
GAS/BTC ENTER 880-900 STOP UNDER 795 TARGETS 980-1100-1450 -finding support over 100ma on h4 -testing bottom of the trendline -MACD bullish
broke out of descending triangle formation on h4 chart , it also made a pivot and crossed key MA levels ! greenbox= entry blue dotted lines=targets ENTER 2800-2900 STOP -10% TARGETS 3120-3400-3800 **AS ALWAYS , NOT FINANCIAL ADVISE ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING.INVEST AT YOUR OWN WILL**
**ARK/BTC** **ENTER** 1100~ **STOP** under 1000 **TARGETS** 1200-1400-1900 -sitting over 25ma on daily (bullish) -broke out of bearish trend -currently in accumulation zone
**GO/BTC** **ENTER** 530-540 **STOP** UNDER 478 **TARGETS** 575-640-820 - 100 MA resistance broken - MACD bullish - trendline broken **as always this isn't financial advice , always do your own research before investing **
ETH/USD UPDATE Ethereum on logarithmic weekly chart very bearish , broke key TA level at 100 ma on weekly chart, this is usually a very bearish signal.recently found resistance at the 9 ma ( another bearish signal ) We remain Bearish on eth unless it can break over the 100 ma with volume .. remember this is a long time frame which means a long term trade.
**BTC/USD** **UPDATE** Bitcoin decision time is getting close , formation is getting tighter might means volatility either way can have a big impact in the price action for the weeks to follow.Currently has a lot of support in the 6200-6000 region and major resistance at the 6850-6900 area we are still bullish on bitcoin , although if 6200-6000 area fails to hold...
-broke out of wedge on 4 hour chart and now in accumulation zone around 4400 sats -forming support on the 25ma on 4 hour chart (bullish) - attempting to create a pivot also ENTER 4400-4450 STOP UNDER 4000 TARGETS 4975-5490-7965 **as always not financial advice , always do your own research before investing.Invest at your own risk **
broke out of descending triangle on daily chart , finding support at the 25ma , good news with zcash recently i expect it to keep climbing **ZEC/BTC(Zcash)** **ENTER** AROUND .02000 **STOP** UNDER 17950 **TARGETS** .022 -.024 -.027 not financial advice , invest at your own risk =)
LTC broke descending triangle on logarithmic daily, current testing 50 MA (62$area) if can break above this is clear indication of a break out TARGETS 71 -110-190
**OST/BTC** **ENTER**around 520 **TARGETS** 620-730-800 OST bullish on 12hr time frame ,bullish 100 ma crossing (also formed support there) , pivot created as well.