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Consolidation-breakout

LSK -- A Buy while ConsolidatingHi readers, I wanted to take a look at LSK before the 20th -- when its set to blow up (The 1.0/Rebranding/RE-Release). This will create a lot of hoop-la. I'm rather certain we will see some liftoff before hand, and I imagine the day of we'll see some crazy volatility -- making having the asset in hand great if you're ready to trade quickly. Right now we can see the LSK market consolidating. Certainly some of this is the fault of action in BTC. Being as my analysis in The Trend has us Bullish on BTC, the correlation of the two coins has been positive, with LSK usually outpacing it on its moves. That sure sounds like the makings of an explosive move for LSK in the coming week. I recommend you find a good buy-in and execute on it. Naturally I have highlighted the 23% fib as a good buy. I don't know that you'll get a good chance below that. I recommend taking this chart and "Making it mine" to see if you agree. I'm confident you will, with very little research on this one.
Long
by blessmywork
3
BTC Getting Squeezed. I think we’re still in a downward trend but this triangle could squeeze BTC and make it pop out for a possible trend reversal. Elliot wave suggests we will complete the 5th wave in a downward movement to pop off of the $8K-8.5K level. Its a pivitol moment so worth continued dollar cost averaging while BTC is on sale. Let’s grab some more while we can. If we buy now, wait till we see it breakout and hook the trend line for “confirmation”. Or else we head back down to the 8K area.
COINBASE:BTCUSDLong
by skyroots
BTC finalizing consolidation faseWe can see here a Bullish falling wedge pattern on the BTCUSD pair. The 3 hour RSI has some more room to Grow, I see Bitcoin attempting to break resistance and fall back one more time. We are getting close to two strong support lines, the first one is holding since September '17. Sell Range: 11850 - 12400 Buy Range: 8600 - 9400 In case we fall below the buy zone, next support will be at 5600. But there we will face a big buying pressure, so I don't expect this to happen. But you'll never know. I could also be wrong.
BITSTAMP:BTCUSDShort
by cryptodemian
Waves TriangleWAVESBTC is inside a "huge" symmetrical but we can see a strong support at the 0.618 Fib level, it got support there 3 times, making a triple bottom. Because of that support we see a (Bull) Descending Triangle forming, normally this pattern indicates a drop in price (continuation of the fall) but since WAVESBTC made that triple bottom it should have "power" to break the "downtrend" line, thus meaning it could rise in price. Careful if it drops bellow the Yellow support! Its possible that it does another bounce then it "explodes" or one way or the other so wait for a breakout confirmation to start your positions! Trade safe!
by angel_lobs
4
XVGBTC - Consolidation for a few weeks + BreakoutVerge has been up and down over the past few weeks, thanks to bickering between their marketing team and McAfee. It's stabilized around 1000-1100 sats, and seems to be consolidating. 4HR chart indicates a convergence around 1/25. Looking for a bounce off of the 1050 long term support line today. Then we have to break short term resistance. Should see a slow rise to 1350-1450 around the 25th, peppered with a couple spikes. We could see it get back up to the 1700-1800 level. Resistance lines at 1400, 1600, and 1850 back to Christmas Eve. I'd bet on a breakout to 1800 by the 25th followed by a selloff to the 1400 level before stabilizing again around 1600. I'll update as we get closer.
XLong
by epaka
[LBC/BTC] Great long term hold!! %200-%300+ possible!! QUICK UPDATE; is looking bulish after a slight correction! RSI's are all positive. Cloud exit on 1D, has potential to breakout with this setup! Compare todays volume to the last run, and this alt looks super cyclical (alt life cycle) and its got huge potential. MacD shows a promising steady growth from hitting a low for so long. According to my analysis 200% profits is easily reachable. if you'd like to hold longer you can aim for 300% and more ++! You wait, you win. Patience is key. As always this is my trade opinion. Do your own research and never risk more then you can afford to loose! Feel free to ask me questions and or comment your thoughts and ideas.
Long
by Gibmoses
8