China fly so hard Next 10-20 YearsSeems Like a A-B-C pattern. At least above 10000.
Seems Like a A-B-C pattern. At least above 10000.
Seems Like a A-B-C pattern. At least above 10000.
Trangle
The Bulls are targeting round level of $10 above triangle pattenThe Kadena coin price has been trading into the symmetrical triangle pattern for the past several days.
The daily price chart of Kadena is above the 20-day moving average.
the coin has immediate support at $4.50, and the resistance sits at $16.50. But for the current scenario, the coin's price will have to break out of the triangle pattern for confirmation.
The Kadena coin price is still trading above the EMA Ribbon indicator. But it seems that bears are attempting to breach the daily price below the Red lines as well as the 200-day moving average (yellow line).
Stoch RSI is holding higher in the overbought zone with reference to the daily price chart, where K is at 88-point and D is at 91-point. On the other hand, Stoch RSI formed a bearish crossover today. It remains to be seen whether the bears break out of the triangle pattern with the help of the Stoch RSI sign.
Conclusion
The Kadena coin price trend is creating a little confusion for the traders. There will be two conditions; if the price breaks the symmetrical triangle pattern on the upside, we can see fresh all-time highs; On the other hand, if the bulls fail to maintain the price above the chart pattern, the bears
Support level - $4.5 and $2.5
Resistance level - $10 and $16.5
ENJUSDT 4H CHART TRIANGLE BREAKOUTMy prediction for ENJ coin on the 4H chart. I suggest looking at the hourly and daily chart also. We will see how this turns out, I think pumps for alt coins are not entirely over yet, so hopefully we make some buck from this. Not a financial advisor ec. Comment what you think.
XLM Triangle Formation on DailyLooks like a Triangle has formed on the daily chart. I would like to say I’m bullish, but there is a lot of bearish sentiment out there right now. Lots of talks of bull traps and fear and greed index warnings. On the flip side there have been higher lows and with the release of Horizon 2.0 XLM may have the strength to push to .64 or even .69. This candle will mean a lot as it appears the MACD is flattening. A good day could give a bullish cross. If this candle closes bearish there is potential for a 25-30% ride to the downside. Play this one carefully.
GBPZAR pullback :) I’ve been waiting to jump on this Long, as ZAR pairs have the biggest price movements. This means big profit potential. This 15min chart analyzes the current pullback about to take place. As long as we stay inside this BLUE triangle I have drawn, we’ll see GBPZAR fall back to test the original breakout. The area is marked as a high volume zone, as the volume bars show the most shares traded in quite some time.
This setup could take a day or to reach the area & signal confirmations to enter long...I’ll update this trade if it continues to move higher without a pullback. If it does, I’ll be cautious to enter, as huge Weekly resistance is just up ahead at the 21.93000 area. If you entered the trade now, you’ll most likely be good to be in profit by next week or so. Expect dips in profits until then.
IOSTETH / shortterm triangle trading0.0008324 looks like the baseline for now.
From the red line (0.0008324), the price will probably jump and hit the top of the blue triangle,
and It will gradually gain a momentum to hit higher price following the Fib Time Zone.
Before dramatic trading volume increase (of total crypto market),
keeping short-term trading is not a bad idea.
Huge analysis of Bitcoin: reversal signalAccording to my previous published idea we have tne pessimistic scenario. Bitcoin breaks the bottom of trangle and drops near Weekly MA20 like 5 times before from the 1-st of january 2016. That should garantee the healthy growth of BTC and strong UPTREND next few months.It probably can drop to 1800-1900$ this week, so be careful. This is a perfect time to start long positions with LTC and ETC too, because this altcoins are hardly associated with BTC.
Take-profit orders must be near (lover) the resistance levels: 2500$, 2600$ and 2900$
Happy trading and don`t forget about the stop-loss orders :)
Huge analysis: symmetrical triangle - the second scenarioIf price will return to the bottom line of a trangle and then break the top line, we will see the last impulse line to 3000$ or more. But as i say in previous idea, cryptomarket needs of correction to weekly MA20. Continue of downtrend is more possible scenario.