padawan_trader1

padawan_trader1

I am thinking POWER is due for a small retrace which would open up a nice spot to buy in. We've seen a triple touch at the highest high @ 5760 sats. RSI is oversold. I Could see it falling back to the 61.8 Fib retracement line where past market highs have been to before. If coins can be picked up on the 61.8 line and the market rises again to the resistance at...

padawan_trader1 Updated 

After the recent push, the market is in retracement. I suspect that the 61.8% fib would be a sound entry point. I believe there to be some strong support here and great potential to bounce off and move upward again. The market does look like it is finding support off the 50% fib however there is larger gains to be made if we can make a buy off the 61.8%. This is...

padawan_trader1 Updated 

As far as i can tell POWR is forming a small ascending trend-line where it will continue upwards and push against resistance on the 50% fib. I suspect it will push past it hit some solid resistance as indicated by the zone around 38% fib. Support seems strong. Upward trend has started. Bollinger Bands have tightened and we are crossed the middle. RSI has...

padawan_trader1

As far as i can tell POWR is forming a small ascending trend-line where it will continue upwards and push against resistance on the 50% fib. I suspect it will push past it hit some solid resistance as indicated by the zone around 38% fib. Support seems strong. Upward trend has started. Bollinger Bands have tightened and we are crossed the middle. RSI has...

padawan_trader1 Updated 

Looking like we could have potential to move upward! Been watching this retracement for a few days since the last big push. Trend has found support on the 61.8% Fib line MACD looks like its formed well for a cross over

padawan_trader1

I think XVG is at a tipping point yet again. A descending triangle has formed which is likely to fall down to previous support. The only thing that can break this and return it to an upward trend is the pending news on the 17th.... Good potential buy in point if it walls down to the next level of support. If the "news" is not as good as expected I expect this will...

padawan_trader1 Updated 

I think XVG has gone into a consolidation phase where it will track sideways for some time. There may be a small upward break out from the symmetrical triangle but i expect it to remain steady for a little while longer. The support seems rather strong here as there have been multiple touches and no sign of pulling back. As we move closer to the 15-16 April it...

padawan_trader1

Acending triangle formed up. Resistance being tested. Watch for break through or close above to confirm.