Larger trend is still downwards. Still too early to call the previous candle a Lower High on the Daily chart as we are only 4 hours into this candle, though I like how a parallel channel can be established with the wicks on the lower lows with the same line. 3 touches on the bottom. 3 touches on the top. Trend has formed.
WCP is looking extremely oversold on their weekly chart for RSI, but still has further to go. Volume is still increasing on the 1D in a downtrend. ( bearish ) on the 1H, WCP has created a lower low yesterday at 3.80, then a lower high today at 4.20. WCP will need to push above 4.20 for a higher high and a chance at a trend reversal. If you look at the Monthly...
If TGOD can't hold 2.45 it may find $2 in time for the New Year. Watching 1H RSI for next large bounce upwards.
I don't know if the Park Ranger is going to like this, but it looks like OGI will be bearish headed into the New Year. Volume is still decreasing nicely with the down trend. RSI still appears to be heading down for the rest of the year. Much like TRST, OGI is in a descending wedge pattern. I'm looking to ladder in near 4.12 with a possible double bottom. I'll...
Currently waiting on TRST to break and hold 26 EMA on the Daily chart. Volume is decreasing on the downtrend and running out of steam. RSI is getting higher lows with lower lows on the candles. I'm looking for volume to continue lower, and thinking the pink descending wedge will continue to play out further. I'm going to put buy orders in at 6.51 and 6.02,...
Slightly overbought on the Daily and near the top of the channel. CRON is getting ready for a large pullback. I will be looking to buy in the $12 range which would start forming a nice equalizing pattern, though it will largely depend on what the indicators look like at that time.
WFT has been in a steady decline since reaching its ATH in June of this year. It appears as if it will decline much further after coming out of a bear flag to the downside in it's current channel. Meeting a line of support at $44.91 while hovering above the .618 Fib retracement gives us a good idea of where this might start heading to the top of the channel and...
Tightening BB, Supported well by 100 EMA, Histogram trending upwards, MACD as well. Volume looking to be ready for a big spike.
Tron appears to be mimicking it's last wave on a larger scale. Looks like a good buying opportunity right meow.
Tron is giving good buy signals in the Stoch RSI and overall pattern of an ascending triangle after putting in 3 waves down. This is all setting up to fly off the charts prior to the main net launch at the end of this month.
Cup and handle may be finishing up! definitely one to watch
Bitcoin is currently testing the resistance on the wedge it has formed since breaking out of the descending triangle it had been in since December 2017. ascending wedges typically have a bearish break. Let's see what happens. Not investment advice.
It appears as if Tron will potentially move downwards for a couple days before inevitably moving up and breaking out of several larger patterns. Looks to be a long position from point D onwards. Not advice. Just for fun.
Tron has adhered to the large blue channel which started forming late January and is also holding the upward black trendline which started to form mid-March. On the hourly, Tron is currently in a bear flag, so will most likely break downwards to point D before finding support and continuing to trend upwards. This is not investment advice. It is merely for my own...
It looks as if Bitcoin may hit $7600 before coming back down to the bottom of the channel. This is not investment advice. Only for entertainment.