ENG/BTC! ENG has formed an ascending triangle (bullish pattern) but it is currently in a downtrend trend inside of the ascending triangle on the day chart. On the 4hour chart a rising channel was formed and is breaking to the downside of the overall pattern which confirms my technical analysis for me. Our current resistance is at .00006661 and my first support...
EDO/BTC! Upsloping trendline formed on the day chart for support. I currently think the 4hour chart will retrace to my red support line at or around .0001029 where it will bounce and hit it's first possible target at or around .0001123 - .0001173 which is strong resistance and once cleared the green resistance lines can be possible targets in my opinion. As of...
AE/BTC! Weekly Falling Wedge! Has great potential and has found it's bottom. (Confirmation for breakout) Wait for a close outside one of the trendlines before taking a position. Also Characteristic Discussion: Price trend; Can be in any direction leading to the pattern. The falling wedge shape price follows two down-sloping and converging trendlines and the price...
XVGBTC! In route to test the upward trend line in it's downward channel. There is great potential on the daily chart and .00000202 may be a potential target and after that it can be a "toy story" aka buzz light year, but let's take it one step at a time and remember this is not advice only my view at this moment. Please let me know what you think of my technical...
ZILBTC! A trade identity by G-Money. A trade with a trend! Zil has re-enter its downward channel and in progress to test the top. It has potential. Thank you G- Money for pointing this out . As of now I'm playing the trend.
Vibe is currently in a Downward Channel. The good news is the bottom was found at .00000428 and on the day chart it is currently testing the channel's trend line at the resistance level of .00000555. We will need a close above that level on the day chart and the next possible target can be at .00000800.
FUEL/BTC! FALLING WEDGE! Reason: Candle stick pattern forming three inside up pattern which is a bullish pattern and circled at the trend line. Also, the requirements needed for a falling wedge confirmation: Price should touch each trendline at least five times to outline a good pattern. That's 3 touches of one trendline and 2 of the opposite. Minimum duration...
BCHABC/BTC! Potential Ascending Triangle Breakout! Longterm trend bullish but the day chart is saying something different at the moment and its speaking bearish. The four hour chart is currently bullish but I think were going to have a false breakout dip and then continue to our target. I'm looking at a bounce around the .050421 area for confirmation to continue...
BNB/BTC! Potential cup and handle breakout. I need a bounce off the .0037100 support area for a confirmation with a break of the resistance at the .0039979 area to follow to reach my green target. Overall trend positive and bullish. Please let me know what you think of my technical analysis and thank you.