#VergeCoin is currently consolidating in a falling wedge. Trading below the 5,10,20 MA's in weekly, Death cross of 10-20 MA possible in this week A break below 300-350 region will mean #verge back from where it started: below 100.
#Tron is currently consolidating in a falling wedge. support at 627: 20MA in weekly. Previous week $trx bounced off the 61.8fib level at 610 till the 50fib resistance around 700(+12%). 100 DMA resistance at 682 & Next major support: 450.
#Eos is at a critical support region Last week's progress has been completely negated during the 1st two days only, after the 3D candle failed to close above the 10MA on sunday. If the uptrend line at 6.75 is broken with conviction then eos can fall to the 0.786 fib(5.35) region In the 4Hrly we can see Eos breaking below the BB middle support and hitting...
Bitcoin forming a bearish butterfly around the 6800 resistance.
$Loom making Higher highs, lows again in Daily time frame after bouncing off the 0.618 fib and 20DMA support confluence. If #loom manages to sustain above the daily 55EMA then we can expect it to rally towards the trendline resistance and higher fib extensions. Targets for $loom are at the 0.618 fib extension and at the 1:1 fib extension. Macd and RSI are bull biased
$bcc is showing signs of a trend reversal, breaking above the 200 EMA in 4H and the trendline resistance. If the break above the resistances is sustainable then $bcc will be looking to Target the 50DMA in short term and the 0.618fib level mid-term
#Dash is trying to break above the falling wedge that is inside a downtrend channel. Entry on a pullback if the downtrend resistance of the channel is broken with conviction. Also, Dash seems to have completed a WXYZ correction with the Z wave at 0.886fib of W 50DMA is 0.039 Target 1 around 0.382fib level and 100DMA resistance: 0.043-0.045 Target...
Possible trade setup if the trendline support holds for $ZCoin with a R:R of 2.61 for Target 1.
Bnb has fallen below the double top support level , however it is currently supported by the 20DMA at 2355 Yesterday we got a bullish candle around the 20DMA support -rejection from below 20DMA support with low volume indicating sellers are exhausted in the short term. However RSI and Macd are showing bearish divergences. Today if #bnb gives closing...
#enjbtc support at 4H 50SMA, trade setup as mentioned. Good support confluence around 900 Buy at support and add on dips, with a potential r:r of 4 Targeting 1.618fib extension and the 50DMA around 1230-1250 region. Stop below 900.
Knc expected trade setup after retrace around 61.8 region.
Bitcoin is forming a bearish bat harmonic pattern , struggling around the PRZ
#Ethereum bearish count considering that we are in the ending diagonal C in ABC subwave of wave Z in an overall WXYZ correction since january 2018 high . This count will be valid if eth doesn't manage to break above the 20DMA resistance level:477 with conviction. 20 DMA resitance has been a strong resistance level for ethereum so far. Earlier eth...
Bitcoin long term log scale analysis: To analyse the percent change of bitcoin over the long term period. What we are seeing here is two major corrections from bitcoin since double digits prices . 1st one when btc crossed the 250 level barrier. It lasted 91days with a 74% drop in price, in the same period the RSI dropped 52% 2nd one when btc crossed...
#ZRX has retraced more than the 50fib support region, currently facing resistance around 13.3k Next level of support for zrx is at the 61.8fib lvl: 11k region . Rsi lvl approaching 30 in 1D. We can expect a short term bounce off these levels.
Neo has broken below the uptrend line and the previous 2 weekly closing for Neo has been below the support confluence region around 48-50. If neo doesn't manage to break above the 48-50 region then a fall to below 30 levels is likely. Neo accumulation zone : below 30 Selling Targets as per the resistance levels mentioned. Stop below 20
#EOS facing rejection from 1H 9EMA , support present at the trend line in 1H t-f If $eos breaks below this trend line then we can expect it to test 6.6-7.1 support region again. Last two days #eos managed to close above 7.97(78.6fib) lets see what happens today for $eos
#Litecoin has fallen below the important support level of 100 , after the last weekly candle closed below 50MA at 121. Next level of support for #ltcusd is at 75-80: 20MA in monthly and the 78.6fib region.