AroDnap

AroDnap Updated 

The price is converging to one point. The shape is like a wedge , but the wedge is a continuation pattern. So we do not have to focus on patterns. This is a just convergence. And it means a general convergence before the sudden move of the price. If the price breaks the resistance line, we can expect an immediate Neo rise.

AroDnap

First, BTC price has stabilized. And this atmosphere will stimulate investors' buying sentiment for altcoins. The price broke the downtrend for seven days. This is so clear rising signal to me. TP1 : 0.00018 BTC . It's a uptrend resistance line. TP2 : 0.0005 BTC . When the market starts to rise and the market is overheated, it will reach TP2 in an instant.

AroDnap Updated 

This is a neobtc chart. Now we analyze neousd chart, but we can find similarity between previous pump and current chart flow. The previous thing made high point three times, and breakout two times. And we can see peak three times, and a breakout in current chart. So if second breakout occurs, it will be a catalyst for pump. This is a long-term view. How far...

AroDnap Updated 

ETC broke the short-term uptrend line. $ 18.5 price is resistance level (fibonacci retracement level 61.8%), and this strong resistance level seems to be hard to break. BTC falling can accelerate the decline of the ETC. We can apply the AB = CD pattern to this plan if BTC falls below the previous high $ 4970.

AroDnap Updated 

We can see a broadening formation. This means that the psychology of the market is unstable. If the short-term convergence moves down, the price can again show the decline as much as the previous day's decline. It will lead to a rebound in the base upward trend.

AroDnap

NEO rose about 25% yesterday. And now it broke 84-day downward trend!! This is a long-term approach. If the price movement follow this long-term trend, it can reach about $ 100. So I will buy it when neo breaks the pennant pattern upward.

AroDnap Updated 

Volume increased than before pattern completion. The current state looks like a retracement.

AroDnap

This is a short-term breakout trade. First trend line was broken, however Second trend line is intact above the price. So if the price hits the second trend line, I will take first profit.

AroDnap Updated 

I think the rebound will happen at 5000 or 4700. Previous high 3000 has been tested many times, but 5000 is not. So I decided that 4400~4700 section could be more reliable than 5000.

AroDnap

TP1 396 $ stop sell below 296 $ Now we can see a DMI crossing signal. And the price have support level at 280~300$. These are my long-term setup target prices.

AroDnap Updated 

TP1 30.8 $ TP2 33.8 $ Stop sell below 25.8 $

AroDnap Updated 

TP1 8.25 $ TP2 8.6 $ stop sell below 7.6 $ OMG have a strong support level at 7.6 $. But OMG is in the downward trend. So it is better to put only a small amount of available funds.

AroDnap Updated 

TP1 31.1 $ TP2 33.8 $ Stop sell below 26.7 This is short-term LONG strategy.

AroDnap Updated 

TP1 345 $ (short term trader) TP2 395 $ stop-sell below 310 RSI is going up. We should pay attention to DMI crossing signal.

AroDnap

TP1 13.8 $ TP2 15.9 $ Stop sell : 11.29 $ We can also see the ascending triangle pattern.

AroDnap

The price 400$ is strong resistance revel. I think Etherium will fall from the nearest peak 394, but rebound from 300 to 315 support lines and break the peak.