FrenchysCrypto

FrenchysCrypto Updated 

ETH has entered into (what appears to be) a rising wedge pattern on the hourly time frame--a bearish indicator. Further, the price has begun to consolidate around the 12-hour EMA (half-day average)--which may indicate a trend exhaustion and re-test of the 48-hour EMA (2 day average) that coincides with the classical target of the rising wedge

FrenchysCrypto

If ETH can break the $160 level then the 26-week (6 month) EMA--which is confluent with the next cluster of resistance--is the next level to watch.

FrenchysCrypto

EOS has broken from an ascending triangle formation with a classical target coinciding with the next likely level of resistance: $4.18. The undefined levels of resistance in this channel may allow EOS to move more broadly than some of the other names that have already made it to the other side (BTC, ETH).

FrenchysCrypto

AltCoin MarketCap still has room before heavy resistance. #BTC #BTCUSD #ETH #ETHUSD #LTC #LTCUSD #Crypto #Cryptocurrency

FrenchysCrypto

BTC Market Dominance has further to fall to continue the current Altcoin Market trend. This may lay the final support needed for the BTC Dominance to continue it's bullish trajectory on the weekly time frame. Further, this would coincide with a theoretical capitulation of the Altcoins into BTC before an eventual capitulation of BTC itself in May/June.

FrenchysCrypto

BTC due for some consolidation to hourly EMA levels to build support/confidence in order to continue the upward trend.

FrenchysCrypto

BTC disrespected the supposed symmetrical triangle with just enough momentum to test the 12-week (3-month) EMA--a level that should hold as resistance for some period of time before continuing any upwards trend.

FrenchysCrypto

BTC has ever-so-slighty room to run on the RSI and has entered a channel of high volatility and price discovery.

FrenchysCrypto

ETH has broken through the 100-Day MA by confirming its bull flag pattern to the $146 level--the door step of the next channel of trading activity. We may expect some consolidation in this current channel, along with BTC, before testing upwards.

FrenchysCrypto

Bitcoin still has some room to run before hitting strong resistance on the 100-Day MA--as well as a downward sloping trend line that is most likely being watched by many traders. The still RSIs have room to run--target range is 3825 to 3900.

FrenchysCrypto

ETHBTC is now trading firmly above the 50-day moving average which may signify that the market, as a whole, may be ready to enter a more bullish trajectory. #BTC #BTCUSD #ETH #ETHUSD #LTC #LTCUSD #Crypto #Cryptocurrency

FrenchysCrypto

BTC Longs Piling Up--Compared to BTCUSD This may signals market confidence that the trend will be to the upside and that the selling pressure is wearing thin.

FrenchysCrypto

Oscillators give hints to our current position in BTC's cyclic pattern.

FrenchysCrypto

ETH is still in a sustained upward-trending pattern with strong exponential support on all of the major time frames. If the bulls can break through the 100-Day moving average--an important level of resistance on the last bounce off the 200-Week MA--then ETH looks set to retest recent highs at 147 and 160.

FrenchysCrypto

The half-day Stochastic RSI's Bullish (but not quite yet oversold) Cross may be signaling a pump within the next two candles if the trend continues. Further, the RSI is testing a tentative support level while 12-hour candle bodies have finally dragged themselves up off of the 6-day EMA (which roughly represents the average of this entire bull flag). For the...

FrenchysCrypto

LTC had the largest red volume since the recent breakout--and still left price higher than previous lows. Regardless, the price still continued to trend upwards. Further, the stochastic RSI is in oversold conditions, firmly, and suggests more upside to come.

FrenchysCrypto

BTC is anxiously waiting for an important (bullish) EMA cross on the daily time frame. Further, the trend has generated a (bullish) falling wedge pattern. Be prepared for the wedge "dip" that may trigger a bear trap before continuing the upward trend.

FrenchysCrypto

ETH has room to run to the downside before the upward trend is invalidated by a break of several EMA support levels and a bullish wedge on the RSI.