Hello fellow traders,
Let's take a quick look at the 4hr ADABTC chart and see what we can expect in the next few days. To start, notice the fib lines referencing the decline from 9000 to 3600 satoshis. I've pointed out five failed breakouts, circled in red. Each time the bulls have attempted a breakout they have been thwarted, once at the 61.8%, four times at...
Hello fellow traders!
I hope the day is treating you well. Let's take a quick look at a couple of indicators on the 1d chart I have been following on an idea originally published by Alan Masters. He noticed an extended downtrend period that finally formed a solid bottom after several false alarms. OMG looks strong and is behaving strongly. Additionally during...
Hello fellow traders!
I have been on the NEO train since last summer, so it's time to do a proper analysis.
A solid bottom was hit on Feb 6th, which was followed by a nice upward movement. What we have here looks like an inverse head and shoulders pattern signifying a trend reversal. We still need NEO to breakout above the downtrend line before we can...
Hello fellow traders,
Let's take a quick look at the 4hr ADABTC chart and see what we can expect in the next few days. To start, notice the fib lines referencing the decline from 9000 to 3600 satoshis. I've pointed out five failed breakouts, circled in red. Each time the bulls have attempted a breakout they have been thwarted, once at the 61.8%, four times at...
