You can see GO/BTC is moving in an ascending wedge. Very simple, it's a bearish pattern and will go down.
GO/BTC dipped hard during the fork days together with nearly every other altcoin but it recoverys very well. It is moving in a smaller channel which is forming a wedge with a lot of resistances and support lines, some horizontal some regular lines... This construct is wrapped buy a possible bigger channel, which is forming nothing and looks like a legit...
In my view you could as alternative to all common pattern draw a wedge pattern like mine and all looks technically absolut correct. Bouncing would be right... falling wedge -> long ahead. In my opinion a great and positiv alternative view to all that much blood in the streets. Indicators are confirming my theory at this point. The trendline on the bottom of...
Moving in a channel. Found support on horizontal line. STOCH RSI undersold. Fib. Levels are looking very good. Aiming for more profit! Will go up. Target: 1450 sats
In my chart you can see ZRX forming a falling wedge pattern. It should go up very soon.
Go will move upward like shown in my chart. It will have little draw backs by horizontal lines. I think it will go down after the end of this pattern formation. (rising wedge)
Falling wedge = will breakout upwards. Very short trade.
Broke down like I predicted at start of november. Looks like it found support at horizontal line at 949sats. Very hard undersold on our indicators even in 1d chart. Expect a rapid bounce back. I advice to pick up now.
Triangle chart pattern. Great support under current price movement as well. It should break out and we'll have small but good profits in both cases / up or down movement.
Forming a rising wedge = bearish in short term = will break down a bit
In this chart we see BTG is in flat zone for the accumulation of positions. Market makers a buying in this are. The price swings in an ascending triangle under the 0.382 fib. level from you previous high. Pattern looks bullish to break out from this point and win back in price from our retracement. Targets can be set by our fibonacci levels in the chart. You can...
Hey guys, in this analysis I want to show you Mainframe MFT. It is actually moving in a parallel channel. May it will break out of this may not. Until now you can expect it moving within this channel respecting our trend lines. You can buy it for a long term development or simply scalp that bitch between touching resistance and support. Have fun!
Hey guys, I post analysis about GOBTC very frequently. This time it's not the bullish prediction like many time before. In my mind GOBTC will rise in very short term again to its previous ATH at approx. 1270 sats and will bounce down to break down from it's ascending wedge formation. You can see 3 targets for this short in my chart. This is not bad for us......
Hey guys, in my chart you can see MOD moving in a falling wedge with a major support line ahead. I expect it to bounce back at 1700 sat levels. cheers
Forming a rising wedge = bearish in short term = will break down a bit
Link is moving in an uptrend channel butIndicators are showing a short correction. From here we can correct to 0.618 FIB levels (5500 sats) or to the 6200 sats area. This should be our buy area. After that the uptrend can continue. Targets are at 1.0 FIB - 7500 sats 9880 sats 10700 sats Hope you enjoy :)
Very accurate falling wedge pattern to an and reserve downtrend. Broke up and will hit previous highs. High fibonacci targets are mid-term. Very solid trading opportunity
On this daily chart you can see an end of ZIL's retracement. It is forming a triangle pattern to move up. A lot of trading volume in this area, indicates it's importance for going up from here. Targets can be found by Fibonacci Retracement. cheers