ADABTC Same concept from the XLMBTC chart I posted, ADA is currently in consolidation as formed by candlesticks and MACD. 1 Day RSI shows that the price is at the oversold level while the 1 Hour RSI shows that it is at the median. Good time to buy prior to a breakout in days to come.
XLMBTC Candlesticks are forming a consolidation pattern as well as MACD which will last for few days prior to a breakout. All I can confirm is that it is a good time to buy.
XLMBTC Looks like the price of XLM has found its support at 4500 satoshis after breaking down from the rising wedge. Now is the time to buy as it is indicated from the stoch RSI and MACD that the price is on a good entry level.
BITTREX:XEMBTC Based on a 1-day chart, we can see that candlesticks are on the way to test the first resistance level at 8992 satoshis. If we can break this resistance level, then expect the price to test the 2nd resistance level which is at 13k+ satoshis.
Updated from my previous TA, the price of bitcoin will touch the bottom line of the pennant before bouncing up again back at 13k and might possibly reach 19k resistance on January.
BITTREX:ZCLBTC Based on the 1 Hour Chart, we can see the candlesticks formed a descending triangle which means that there is likely more chance that the price of ZCL will go down and test the support levels below.
BITTREX:XLMBTC I hope I am wrong in this one but I think the Lumens party is over as the RSI indicates that it is already overbought and now its the beginning of a downtrend. But, next year, it can be seen on this chart that candlesticks might probably form a long Cup and Handle pattern. If this will push through, we can see a breakout of price on February 2018...
BITTREX:BTCUSDT Based on the 1-day chart, candlesticks formed a "Double Bottom" which caused the price of bitcoin to test the major resistance at 16,497 dollars. Likewise, a "Pennant" pattern has been formed with the price likely to bounce back to the major support level at 13,350 dollars before breaking out up to 19,402 dollars which will likely happen on the...