GRHiggins

GRHiggins

Ethereum just broke upwards out of the fairly long standing descending trend lines, as well as the 50 and 100 day EMAs as shown. It also broke the broke the bearish pressure area at 60-70 on the RSI. I would want to see this trend continue with incresed volume and have a daily candle close above 140 EUR for confirmation, otherwise we'll have another weak move or a...

GRHiggins

Price is looking likely to break out to the upside of this diamond pattern due to the recent bounces from 100 EUR, the high success ratio of this pattern, as well as a buy signal on the stochastic RSI on the 1D chart. If this happens, price is likely to hit the upper trend line of the larger triangle at the 0.5 fib retracement level from the previous break from...

GRHiggins

TRX hit a strong line of support today at 0.000075 ETH and seems to have bounced off, possibly presenting a change in the market sentiment. As TRX nears the convergent point of the triangular pattern shown in pink it looks poised to break out; the MACD indicator is showing bullish divergence, a fairly clear bullish head and shoulders pattern has formed on the 30...

GRHiggins Updated 

Historic long term support and resistance line forming a very smooth flag pattern on the 4HR chart. Volume has increased in the last few days for the first time in quite a while. Stochastic RSI lines also just crossed in oversold territory. Overall pattern looking very bullish in my opinion. I also think Litecoin is fairly undervalued at the current moment - I...

GRHiggins

ADA has kept above the key 0.0005 ETH support today and could be looking at a trend reversal if the price breaks out above the downward wedge. If that doesn't happen it seems that the price is likely to drop below 0.0005 based on the current trend. The next downward target would then be the support line at 0.00035 ETH. This would likely be a good entry point to go...

GRHiggins Updated 

Bollinger Bands starting to squeeze, short term and long term flag formation converging on a single support/resistance point, combined with a convergence of the MACD moving averages. In my view, this implies a short term break up to the resistance upper resistance line of the larger flag. The chart also suggests a possible break out in a couple of weeks in...