VTC held at 0.14 support. For now. We should expect a move up at least until .20 cents where the first significant resistance sits. We could also range and re-test the 0.14 support again. It's important we do not lose this level, otherwise VTC price will find new lows. The VTC/BTC ratio is at all time low, which is not unique to VTC, so we may expect some...
BTC has just delivered a rocking 7% Darth Maul's Lightsaber. Liquidating shorts while longs dumped on FOMO. Don't try to trade this market, it's getting hot and unpredictable. Follow your plan. ATH is 10% away now. Anything can happen.
BTC price action has surprised many, at 12k, 14k, 16k, now 17k we wait for the correction... yet BTC continues uninterrupted to go up. 17k is really the last level before ATH is tested. Will we correct now before ATH test or we go straight up? We are at 3k away from ATH or less than 20%. We all know BTC can pump that in one day. A correction will come and the...
LTC had a nice run of 20% after touching the pink parabola. Now we are at local resistance which may trigger a short correction to $70. Pushing up above resistance from here would be unlikely, but possible. Possible trade: Wait for local resistance to resolve and then consider a trade. Good chance for another 10% run once we break resistance. Caution: BTC is...
BNB just had a MACD cross on daily and momentum is building for an up-trend towards $30. We are also in a big ascending channel for months with a last leg up due to test ATH. Price has also broken out of local diagonal resistance, retested it and then went up (in green circle). This all confirms we can expect a continuation. A proposed path in green for the next...
XRP has done a good move up of 20%, but now we are approaching weekly resistance (blue line). In the past there were several fake-outs above the line and XRP fell back under. So don't get excited if we move above it. Best to be patient in the next few days and if BTC turns bearish, XRP may provide a good short opportunity. XRP will also have an air drop with...
XLM is playing in an ascending triangle. Probability is that it will break above it to make a move to .10 cents. Best to wait for a break up of the apex (in blue) and buy the re-test (green circle). A good 10%+ trade at hand once this play is active. Low probability to break-down unless all market has a correction. XLM is also currently having its annual...
Uniswap is at a decision point. We normally expect another leg up to $5.5 which will continue the existing momentum. If however we break diagonal support then a correction is due. Possible trade: Enter once we break local resistance at $3.8 with first target at $4.2 for a nice 10% gain or let it ride up to $5+. Keep a tight stop loss (2-3%) as we may turn down...
As you can see Sushi has started a parabolic run, in only 3 days it went up over 100%! Potential trade: Enter a long when price gets closer to the pink parabola with a tight stop under. Next target levels at $2 and $4.5. Sushi may correct slightly in the next day or two or may continue to run up. In that case you can long a retest of resistance turned support...
LTC broke out of its triangle after 3 years, we re-tested support and now we are trending up. Possible trade: Entry $62, first target at $68 then $84. Stop loss at $60. This trade will be invalidated if LTC breaks the curve support in pink and falls lower to re-test again the 3 year triangle support. Caution: BTC looks bearish and we also have a 4h/1D bearish...
We have a bounce at the 0.14 cents level on the daily after we broke down from diagonal support. This is a strong support area which was tested a year ago and a resistance turned support, see 2015. If we fall below this level then new lows are in the cards. We need to bounce back at 0.25 cents level if we are to expect any recovery. Otherwise we may end up...
We have a bearish wedge that is about to be resolved by early next week, a bearish divergence on RSI + MACD and volume declining. This all spells a correction is imminent, plus 17.1k resistance above, which was the previous top besides ATH on the way up in Dec 2017. However, before the wedge resolves, we may get another pump which may shoot up to 17k, we need...
Chart looks good, VTC may have a nice run once we pierce the vertical resistance. With BTC being bullish, VTC may pick some wings soon. The biggest wallet has also been accumulating daily since 2019, now at over 11 mil VTC. bitinfocharts.com If VTC will be listed on some big exchange (this may explain the above wallet), we are in business.
VTC - will history repeat? If we break up we may be in for a nice rally. 10$ final target. Chart is logarithmic - monthly. So will take some to play out. Prepare your pants if we go up. Trade at your own risk.
I see no recent analysis for 0x. So hope this helps some fellow traders, we have a nice potential move here for 0x. We broke the pendant up + momentum/volume is up and daily RSI still has a lot of room to grow. BTC is also looking bullish, hence good risk reward. Trade at your own risk.
See chart, we're in a pennant. The resolution of this will decide where VTC is going. You can go long if we break out of the triangle, but there is a big resistance at 0.00014, so watch out. Good luck.
Wait for the abc correction to finish and then go long AFTER breakout from the falling wedge. Always wait for confirmation. This is not training advice, trade at your own risk. Good luck.