Verge is set to open new bullish run once it will break up from symmetrical triangle as shown on 1H chart. The symmetrical triangle usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes...
XRP had a nice retrace back from top at $3.4 to below $2.4. The main reason was news coming out from Coinbase where they announced that, for now, it would not be adding any new cryptocurrencies to either its flagship platform or its other digital asset exchange, GDAX. The expectations for adding XRP to this exchange were high and the act after this is somehow...
LTCUSD looks like it found bottom and started to move up again. Descending triangle pattern was broken, RSI,MACD are gaining momentum. We could move up to $360 area again.
ETHUSD had a nice retrace back to trendline. If this one holds, we could see ETH bounce back over $700 and beyond.
I recommended Golem a few weeks ago, when it began its way up. Daily and weekly charts are bullish, targeting more upside potential. Here is a 1h chart, showing a narrow movement in channel. Accumulation of this coin should be done on lower support trend line, SL placed just under it, target 1$ and potentially higher. I will update idea after we reach first...
XRP price is building momentum for possible next leg up - current price structure is confirming that. Ripple is one of few big coins that suffer a large selloff, but immediately returned to bullish mode. MACD is positive, RSI increasing and price is approaching trendline which is acting as support. Strong support zone is placed just under $0.90, first target...
Massive volume entered into XRP on $0.75 - $0.90 level (market on chart). Lower support on $0.68 was successfuly tested twice, crossed MA and skyrocketed over resistance area. RSI and MACD were building momentum and are placed well in bullish zone. I project target $1.5 reached very soon on this coin. While the market has been focused on Bitcoin and commercial...
BTC is in massive correction. It was expected after great bullish run. I published short trade a while ago - I was a bit quick on that, I admit, but my target still remains the same. I see BTC under $10.000. I marked some retracement points. We touched first one just below $13.000, marked at support line from 10 DEC low and exactly on 0.5 fib. retracement....
Golem is confirming positive momentum, RSI, MACD both in bullish mode. GNT is ready to blow again to next two targets.
ETHUSD is probably ready for next leg up. Support is on 0.382 fib level, RSI is picking up & MACD is gaining momentum. Place SL under support, target new all time high.
XRPUSD had a massive run in last days. Begining of the run was pretty easy entry as XRP broke up from channel resistance area on daily chart. Now XRP in forming a new pattern with more upside potential. I'm looking at 1h chart which is showing Ascending Broadening Wedge, which is one of six Broadening Wedge patterns to be found in price charts. It’s pretty...
NEO is one of the last coins that did not perform a rocket jump in last week. RSI is slowly picking up, MACD in positive territory. NEOBTC pair is placed just on support line. This is a great entry point, SL should be placed under support. Target to next resistance area market on chart. Ascending triangle pattern should break here and move up to resistance.
ETHUSD has perfect set up for rebound back to upper ressistance level. If momentum stays positive we should easily go over it. MACD & RSI, placed perfectly with bullish momentum and also volume is getting better.
NEO sits on lower support line and ready to go to upper resistance channel. Break above that would take it to new all time high.
Bitcoin futures are now available for trading under the ticker symbol "XBT" on the CBOE Futures Exchange, LLC (CFE). The Bitcoin value rose on the opening of CBOE’s futures markets and the trading volume immediately spiked at precisely 23:00 UTC when the futures trading opened. At the time of writing the Bitcoin price is trading at $16,730, representing a gain of...
A symmetrical triangle is a chart formation where the slope of the price’s highs and the slope of the price’s lows converge together to a point where it looks like a triangle. During this formation the market is making lower highs and higher lows, neither the buyers nor the sellers are pushing the price far enough to make a clear trend. LTC is forming a bullish...
NEOUSD is trading in nice trend channel, closing on lower support $33. Buy here and wait to $49 level.
OMG just closed down on support. Here should be enaugh buying power before me move back up again. Once we get over resistance, this coin should see new hights.