$ETC.X bull pennant forming and looking ready to pop.
$XRP.X has broken out of the short term downtrend/falling wedge. If BTC remains bullish short term we could see 8500 sats for XRP
Will look for one more wave up after the current correcting wave. Then I could see another drop down.
Here's a possibility for BTC. Were currently consolidating in what is looking like a bear pennant, which would signal we fall lower. Indicators are slowly resetting making room for a bounce but longer term (1 day) RSI and MACD still have room to go lower. So I'm thinking we fall to near the bottom of this triangle seen here. This would be range 7k - 7.25k and...
A BTC possibility. The bears are back in town.
GNT testing this resistance level. May breakout here or it may retrace one more time and then break out. Either way, it's looking bullish to me.
Uptrend lines and fibs show possible bounce points. RSI shows support coming up soon.
As long as BTC remains stable ICX looks ready to move.
ETC has tested resistance at .0024 sats a couple times now. It will break it soon enough and should have a nice run through May recovering some lost ground. Many other alts have already recovered but ETC is a late one. As long as BTC remains stable and with some bullish momentum, this should recover nicely. There's a hardfork coming up at the end of May to keep...
Bounced off the bottom of this channel and looking for some more upward movement.
Here's my #BTC Moon4June chart. This is a possibility. Not financial advise. There are plenty of bearish count options too. $BTC.X
This coin has actually been on an uptrend since Jan. I expect some further swings/consolidating within the smaller triangle before breaking out within a week or so. Good entry would be around 5000-5100 satoshis if it swings that low again.
Nice cup and handle forming here. Trying to find the bottom of this correction. Once it does we can see some nice gains from CLOAK. It's a risky trade to get in now as it's still correcting but the MACD and RSI suggest it's close to bottom. This coin has been on Binance about a week now and they tend to moon within 2 weeks. The general pattern is...
I'm keeping a close eye on ICX. According to EW it should have one more pullback which would make for a nice entry before the next wave up. That's not to say it can't break out now as with this cup and handle it retraced about 1/3. I'm personally waiting to see what it does before entering.
RSI is clearly overbought here on the 4hr chart. Today the RSI hit a high that it had not seen since Dec 7th. BTC is overdue for some sort of correction but be careful shorts. We may see a bearish divergence build up over the next few days, similar to what happened 4/12 - 4/15 where the RSI started down trending but the price continued up. If this scenario...
I think we could get one last pump here which would setup some nice bearish RSI divergence for an ABC correction from all this upward movement.
Bear flag forming, which would usually indicate breaking downward but the long wicks show strong support at this level. Hard to call where we head out of this formation.
Double bottom hit. Breaking out of falling wedge. RSI bullish divergence. Fibs are targets. This is a new coin on Binance and seems to be following the pattern of pump/dump/double bottom/then moon. I will hold 3-4 days.