It is currently in a descending wedge which in my opinion will test support level and looking at possible dates it might happen end next week closing on March 31st where the 11k satoshis level will be tested and rejected and continue moving along the wedge. New move will probably happen before April 13th where the long running descending wedge will no longer be...
Steem is heading to the 13 k satoshis level which will mark a possible new move or the continuation of the up trend move that will take it closer to test the 14500 satoshis level. After that point it is not clearly if a new move has been made or there will be some pullback before confirming the new move. I've been closely looking at #STEEM price moves and it is...
This is my prediction based on how the trends are aligned and how recent moves have form the right conditions for an uptrend channel where bitcoin could probably recover to the 10k level as seen in the weekly chart and hitting there slowly if it manage to pass through the 4500 USD level. On the daily it seems that it will falling and eventually hit bottom, both...
It has been moving down since it attempted to test the 4980 satoshis level after moving above the 4033 satoshis level, then it started to loose its momentum and corrected to the current levels. It has been testing the 2130 satoshis level and it successfully tested it and now it looking to break the descending wedge and looking at the 2583 satoshis level. If might...
Steem started a descending trend channel from Jan 24th and it finished on Feb 1st, after it started moving within a wedge that has been tested and rejected for both support and resistance. The key level and timeframe is 4 days for it to move above or below the 8100 satoshis level, any break moving above the resistance will head towards the 880 weekly low level tat...
Today there was a big sell off which seems to be heading to a breaking point of 3400 either up or down, the next support level is around 3215 which would indicate a new channel in which it will move and would probably happen then is a slow recovery towards the 3400 resistance. It the 3400 level is successfully defended it might go up testing what believe is the...
Currently #steem is moving within a newly created channel that holds resistance at 8800 satoshis level and supports lay somewhere near 8350 satoshis level. The monthly resistance level is at 9350 satoshis making this a very nice level to watch and if it manages to make it through it touching the trend line formed from previous moves around the 10000 satoshis level...
#STEEM analysis short Seems like the wedge was broken and then price rallied to a monthly level of 9200 satoshis from December 06th 2017, today it is moving above it after positively testing the weekly level of 10450 satoshis and gaining the level when it make it over the daily level of 11300 satoshis. Now this is the important and more interesting thing to...
Seems like #STEEM is moving within a wedge that can start a possible move towards the recovery side if it breaks the wedge and moves above the 8000 daily level and targeting the 8800 sats daily level with probable resistance at 9200 monthly level which is a very low level formed from last month movement. It could go lower to the 7200 levels and then a possible...
With recent moves it is heading towards the 3950 level once more before testing and breaking the 4135 resistance and then hopefully head towards the 4500 level. This will clearly start a new movement either up or down but just after the move has been completed.
Currently sitting at 595 sat it most likely test the trend line and will try to move up to the 620 daily level and it if breaks the wedge it will face strong resistance towards the 655 level making it very hard for it to break the current channel and strong move towards the 750 sats level will find support of the weekly and monthly levels.
Starting the new year with my tradingview charting practice and also improving my skills. This time I'm bringing you an altcoin that is called FoldingCoin and it has to do with online betting. I started to watch this altcoin when I managed to get some for very cheap and sell for almost 3 times its value at the time. This one in particular its been going in a down...
Today's chart for steem reveals that it is loosing weekly support and will mostly keep bouncing within the descending channel that it has been riding last few days. There is a strong indicator for the next possible move, there is a really high chance that #STEEM will meet its lowest level by February 19th and that will cause either a sell off or a bull ride but it...
I started to chart it yesterday using weekly levels and then zoomed in to the daily levels and 4 hours chart to verify that its been moving in a descending channel and its close to break that pattern, which in my opinion seems to be a start of the accumulation zone as it could not made it to the 3400 satoshis level but it can also fall more or keep on bouncing...
The descending pattern that I was talking in the following analysis () is now gone as it was broken towards the upper limit meaning that a move up is likely to happen. Today I wanted to review the pattern and discover a new patter is building up and it is aiming to 214 satoshis but a strong down movement means that everyone is preparing for the momentum that the...
This will not really be a highly technical analysis. I wanted to see how close will it go to the descending wedge and following #btc downtrend it will kee up falling. It seems to be bouncing within a downtrend channel and will probably break the wedge and start a new uptrend move hopefully that will also be related with a BTC move towards the moon. This movement...
It is currently bouncing within the 86k satoshis and the 91k satoshis level. I think a good buying oportunity will be around 86k satoshis and sell once it is close to the 91k level. It is possible that we will see few waves until either support or resistance level are broken and then a new move will start.
It seems that #XVG will lose the monthly support level as the pattern is also close to be finished. Buy target should be around 160 and then expect it the grow on the long run but there is a chance that after breaking the monthly support level it will fall even more to the daily resistance level around 158 but I guess it won't make it as far to the 140 level. What...