FOMONOMO

FOMONOMO

We have another quadruple witching date coming up next June. This is when all three classes of options expire (stock, stock index, and stock index futures options) along with single stock futures options. I plotted all the previous QW dates with green arrows. As time goes on, they seem to be indicative of market tops and bottoms (most notably 2015-2016)....

FOMONOMO

Ripple is forming a nice red pennant A breakout to the upside will find ripple breaching lines 2 and 3 and the 23% fib retracement. Hard resistance at line 1 A breakdown through the bottom of the red pennant (also supported by the stegosaurus top formation) would immediately test the 100 day MA and 50% retracement.. hard support at line 8 and likely the 76%...

FOMONOMO

Zcash is forming a red triangle while bouncing off of the bottom of zone 3 (lower part of diagonal channel) If we can see enough strength to pass through the 38% fib retracement, the 100 day moving average (pink line) and the red triangle we could see a move to to roughly 110 USD ( line y, 23% ret and upper red trend line resistance). Watch for RSI to approach...

FOMONOMO

ETC forming red triangle formation We could see another drop to 6 dollars before breaking this triangle and either moving further down to zone 3 and the 50% retracement or bottom blue line of the zone 3 channel. If we can breach to the upside above the 23% fib ret, 100dma (pink line) we should see a strong move into zone 4, bound only by the top of the fib...

FOMONOMO

Bitcoin to new all time highs again. I still think we see a move to 2000 + USD before this move ends. Then we could see the price come back down about 400-600 USD (back toward the blue trend line - top of the channel) We could see an extended RSI and Stochastic run here. Hedge this with some alt coins or bitmex futures to the short side

FOMONOMO

Long if we can get into Zone 4 and above line A. Otherwise looking to rebuy in zone 2 Maid has been range bound between long term support lines X, Y, Z, currently approaching resistance at Z We also find ourselves range bound between diagonal support lines 1 and 2 Still about the 100 day moving average and having breached the 38% retracement to the upside A...

FOMONOMO

Bitcoin (bitfinex) maybe be bottoming based on a potential descending wedge inverted Head and Shoulder formation. Projection could be an upside move to about 1880 USD, but first lets worry about getting above lines 1 and 2. If we breakdown through support we could see a drop to ~1600 USD Watch for RSI to climb back into the upward channel to confirm a spike

FOMONOMO

BTC has consolidated nicely the past couple days and is now filling a triangle formation and on the cusp of breaking out. Lets keep an eye on volume. If we can build support on the middle black trendline there's a good chance the bull resumes. Otherwise watch for a correction down to 1730 USD

FOMONOMO

Mega Cup and Handle formation could be indicating a big move to at least 2250 USD (with a few bumps in the road along the way). Plenty of FOMO news articles surfacing in the mainstream. Segwit as well. Previous cup and handle projections extended further than the forecasted magnitude, however the target zone ended up as future support once the correction started....

FOMONOMO

Watch for support around 76% retracement and the black horizontal lines underneath.

FOMONOMO

LTCUSD fell through 100 day MA, 50%, 62% and long term green support lines Looking to buy back starting from here potentially down to around 25 USD, all things considered.

FOMONOMO

LTCBTC could see hard resistance at 0.023 BTC. Could see some price action in the red triangle until an event can take us over lines Z and A Strong support at 0.018 for most of the trading session today. If this region can be breached we could see a run up to 0.028 BTC (price action in the green triangle) Watch RSI closely and lets see how the market digests SEGWIT day

FOMONOMO

Litecoin bounced off at line 6 and hit resistance at line 3 before breaking through and meeting resistance at line 1. Watch RSI for breakout over the top black trendline. If we continue in the middle of the two black lines we will likely build around lines 3, D and the 100 day moving average (28-30 USD) Line 2 offering next level of support if we see a breakdown.

FOMONOMO

BTCUSD % rise from its breach through the 100 day moving average (pink line) over the past few spikes. We are 10-20% further.. are we overextending? Short term short medium to long term bull

FOMONOMO

ETC bitcoin ratio recently topped and fell through support at lines z, b and the 37% retracement. Lines c (red triangle), y (green long term support), the 50% retracement and the 100 day moving average (pink line) are currently offering support. RSI is approaching 20 (where we typically see reversals) but if we dip underneath we could see the price dip further...

FOMONOMO

NAUT is currently forming a cup and handle formation. A couple red triangles have formed within the handle. We are currently testing support at the lower red line of the handle. Line 3 is our next support zone if we fall through the red lines. Watch RSI to see if we can climb back above the lower trendlines. Stochastics could embed and drop under 20. If so,...

FOMONOMO

Ripple recently broke out of a triangle formation and breached through the 50 and 38% retracements along with long term support lines V and W. We met resistance at diagonal line 0 and are currently building support at line W I suspect we build some support between lines W, X and the 38% retracement, as we continue to test diagonal line 0 in zone 2

FOMONOMO

LTC BTC ratio busts through long term support line z. Next strong resistance at line a ( approx 0.01675 BTC)