Kumotwist
ZRX 1DCup and handle. Price moving downwards through the handle as it consolidates.
StochasticRSI is about to meet historical support as the price follows the stochastic down this should complete the cup and handle pattern.
Judging by the bull twist in the Kumo, the current placement of the Kijun, as well as the .618 fib level I think a bounce in that price range is imminent and we should see a strong extension
XVG On the verge of....falling some moreRight now the price is residing in an ascending triangle overall but currently its forming another falling wedge and trending down through a bearish channel.
Stochastic is overbought from the previous rally and is equalizing.
RVI is moving up an ascending channel and signals we may have some price movement upwards in the short term.
Twisting on the kumo tells us the price will be looking to stabilize in an upward direction after finding support.
Potential Bullish impulse upwards, to $11,700 - Timeframe 12dHey guys, I'd like to present a potential bullish idea for BTC for the next two weeks. You can find a summary below:
4hr timeframe - potential TK cross recross above the cloud here, the strongest bullish TK signal out there and worth definitely keeping an eye out for.
This will allow us to break through the current resistance trendline and re-test the 0.618 fib level.
Pairing this up with Fib timezones, you can see it lines up nicely with the cloud future. I have a suspicion that we may retrace a little bit until the next fib timezone in approximately 12 days time, where at this point we will find a bullish impulse to complete the edge-to-edge trade on the daily timefame.
Daily timeframe - Potential bullish TK cross inbound within the cloud, the bullish TK cross recross on the 4hr timeframe could act as a catalyst for this.
2d timeframe - the next fib timezone level matches up with the Kumo twist within the 2d timeframe, potentially offering us an access point to close above the cloud.
Buying LISK for the 1st Time (BULL DIV) Lisk is currently another one of the coins with a bull div. Although the amplitude on the oscillator isn't that strong, which isn't a sign of strengh. But nontheless I take the gamble here, and gone long.
Beacuse if the price drops further it will increase the amplitude and oscillator. Another factor why I'm bullish on LISK now is, the possible upcoming Kumo Twist, on the 1h you can see the cloud turning green.
But I'm just guessing here, better do your own analysis.
BCH Key Levels to Watch For a Long Setup - 4HBCH just broke out of an established bearish channel but has reversed at a key resistance level, ~$652, which can be identified matching the tops from the previous bearish channel with a Fib retracement. Note the Stoch crossover and reversal as well.
I think we will reverse and break this barrier soon (if the new bullish channel holds, the price shouldn't be able to dip too much below $598). A bullish Kumo twist is developing, which is a good sign for the Long setup. Two key levels to watch: the 652 resistance and then the 730 resistance. If we break 730, we may see bullish action all the way to 861.