


Crypto-RyGuy
nkn looking mighty strong still!! a few basic possibilities that could play out! if btc holds or even continues in a bullish trend than we will have no issues making new highs.
Support, Resistance/Reversal and our target prices. Good luck, safe trading!
For this chart i followed key fib levels to lay out supports and resistance zones. Btc seems like it is in a good position so we can assume a continual up trend is likely. Side note some key indicators are still in a rising trend which also shows an uptrend is likely. MA ex ribbon has flipped meaning we should see a spread of our ribbons pushing our current price up.
BB band shows a possible bounce from lower band, while MACD looks like we could turn positive soon. Fib levels match some current supports as well as our current price value is at a key level. The highest fib level shown on the chart is basically our reversal zone, so if we rise to the .305 price value we can assume a reversal to an uptrend is very likely...
Few possible outcomes which are highlighted by color. Formed a new triangle pattern which many altcoins are also following. Will see what happens! Stoch RSI looks like we could break formation!
NKN update to previous chart on a larger time frame. All patterns still fit in the daily time frame which is very promising and our Stoch RSI has just made a huge bullish cross over which in most cases 80% of the time has resulted in a continual rise in the coming weeks. Our current formation break will give us a great look into what will happen in the shorter...
All trade setups are done at your own risk! Happy trading!
SAme as previous, we have our path outlined and our wave indication outlined. as well as our various patterns of possibilities. i know its confusing to look at but just focus on one line at a time. i promise it makes sense. (stoch rsi is still rounding at a healthy pace in lower time frames as well)
Easy reading! Clear, crisp and precise! I think will see this pattern playout very nicely.
According to Ma EXP Ribbon BTC should see a small squeeze with a slight pull back till we see the next leg up to 52k. Long as we follow the trend line we are currently on should act accordingly.
Update to our previous chart, after breaking our triangle pattern we are now seeing a correction down to our minor support zone which also happens to be a key fib level. This pullback can be seen as very bullish if BTC cooperates. None the less this also happens to be a good entry point (see previous doge chart for tp). We have some strong indications showing us...
Bullish set up for Doge Coin if BTC holds its current trend line. Support and Resistances labeled as shown as well as our reversal zone which has been a key price action point for previous waves.
I can not help myself! I think Bit has so many bullish scenarios in its back pocket right now. Considering this wave is most certainly not finished! I feel our alt season is just getting started! Check out other chart. Flash pattern reversal! We are seeing an exact copy of our previous market runs in 13-17 bull bear market play.
Support, Resistance, and our target prices along our next wave up!
Reversal at previous resistance turning to our next support. Than on to our next resistance level. As follows TP1 TP 2 TP3
entry .35-.375, first target around .43.............................................................
watch for the volume kick in the next week or so when BTC makes its move up!
Channel price action following a nice rising trend accompanied with BTC just recent break through of the previous high. As well we are seeing BTC dominance making lower lows which is great news for the overall crypto market. Lets hope it holds.