ZEC has been consolidating after its 100% move for almost 2 weeks now. Whales have probably filled their bags at 6863 level, as well as at the bottom side of the wedge. Once we close above the topside of the wedge, as well as the strong resistance of 7255 we can expect a big move up. You can stop out below the bottom side of the wedge, or below the support level,...
Since 19 August 2019, big account holders have been accumulating RVN at support level of 296. Soon we're gonna test some long term trendlines. The size of the move will be dependent of the reaction to those trendlines. The advantage of this trade is, given how long RVN has been accumulating, I expect another test of 296, regardless of how bad it could potentially...
One year ago, QKC was having its swing high to 1450 sats. In just one year, it's trading now at 35 sats! Thanks god we are traders and not HODLers. This must be one of the hardest hits in the entire alt market. I can imagine we'll see at least some sort of mercy bounce.
Analysing it from TA perspective and not hope perspective, it seems we've fount support at the...
During the last year, BTC has created a big wedge we're currently in. In about 10 days, it'll run out of space, forcing the market to choose a direction in the meantime. 7140 level turned out to be important, when acting as support it produced +21%, +86% and +40% moves. Since it got lost, it acts as a resistence now, trying to regain it for more than 1 month. The...
EUR is uptrending against RON. The last 2 resistance levels are 4.7630 and 4.7662. Once the price closes above them, there is nothing in the way until 4.7767 and 4.7803. Let's watch how the orange uptrend reacts to those levels. If the orange uptrend is lost, a retest of 4.7586 and of the silver uptrend is coming.
