margin trading just added to kraken, inverse head and shoulders on top of bitcoins inverse head and shoulders, manipulated scam coin but whatever
Overly bearish sentiment, many shorts over leveraged, nice looking double bottom, currently painting a flag on the 15 min, first resistance point is at 115, I think we'll get past that in all honesty.
On 50 dollars which is an excellent support level, most practical crypto currency, bottom of xmr/btc range, general over bearishness in market {still possible to go lower ofc}, good risk to reward so don't have to be right all the time to be profitable, criticism welcome
Falling back on neckline of inverse head and shoulders, equities going down, dollar will still keep going down, general uncertainty, military, etc etc
dead cat bounce, already broke 200 day moving average, kinda looks like a head and shoulders but who knows
Largely unaffected by maret sell offs, forming what looks like to me a rising wedge. first target 320 second 300
Part of symmetrical triangle, be prepared for a big move one way or the other but looks safe to bet on it going to the other part of the triangle.
still in overall downtrend, other alts are having a bounce as of right now though with cardano being a big player in the space. Definitely going long when horizontal support is touched. as of right now I think we're getting to the bottom of the trend, but who knows. Solid risk to reward ratio.
Running into ichimoku cloud resistance area, in overall downtrend.