Upwards pattern for Stratis/positive cross on the MA, so here are my thougts on the rest of the month april. Heavy resistance coming at 91879 Hope it doesn't get rejected this time
This rise in XLM was definitely a breakout towards a new pattern. As you can see whenever XLM hits a double top there will be usually a moment of downwards movement The first two circles are more accurate then the last two (more recently) At the third circle we see another wave down, but a small one. I expect another small dip coming days, hopefully towards...
As you can see is the 8700 level very important. The blue resistance line got REJECTED 3 times On the MA you see a bullish cross wich is a positive sign. This could mean it breaks the blue resistance line but it's not certain because last time it got rejected as well. Personally I think it's going to BREAK the blue resistance line this time, going up towards...
GREEN: 8467 --> 8157 --> 8784 --> 8500 --> 9000 --> Next area (9k vs. 11.6K) BLUE: 8467 --> 7375 --> 7952 --> 7754 --> 8000+ --> Next area (9k vs. 11.6K) RED: DOWN TO 6257 range --> 6800 --> Fails to resist --> 4000 range I choose green, but on the weekly chart you can see we're still in a bear market. So red could happen in the coming weeks. Don't cheer to early
As you can see be broke upwards, which is a very good sign. This could be the following pattern for XLM the coming days: 1. Some calmth after hitting 3.5K, retesting the 3370 range and then towards 3600 and higher. 2. No calmth and straight towards point (2) --> retesting 3370 and then UP towards (4) --> retesting 3660 MA Cross happened begin of April (daily...
we've been broken out and I still see it rising a little more Next resistance will be at 9k After that: resistance around 11.5k
Best case scenario here: New money in the market, Bittrex new costumers will lead to upwards movement espacially for Vertcoin It's a rough sketch for now but there is a change this will be the best case scenario for VTC. Major resistance will be at 60K sats.
This is my prediction on STRATIS the coming days. One small dip to 50K and then take off
BTC the coming days.. I'm in for the bullish one
If it resists the 6590 we stay in the dark blue lines // breakout up around 16th april If it doesn´t.. oh well 6590 --> yellow line 6150/6190 Worst case: downwards following the dark orange lines to probably 4670 (has to be the bottom then) Worst worst: towards red lines, but really don't see this happening. Overall I'm getting the feeling we're almost...
Expecting some sideway movements till april 16th/17th --> going upwards to atleast 3.6K If it breaks down there is a change it goes back to the orange line, but that is unlikely. Very positive on Stellar in the coming days.
The stability of Vertcoin excites me and we are finally out of the downtrend I do expect some downwards movements to 24K --> Yellow line. I don't think we're going back to that downtrend. Then making upward movements towards the 3 year resistance --> orange line (~50K/60K) If it somehow turning out the other way we could see a bottom of ~19k --> blue line....
Look at the RSI, look at it --> Can it go any lower? Come on Bitcoin make us happy.
Daily charts makes me want to bite my fingernails damn it. Looks like it's going to drop some more. Hope it doesn't break the support line (6450/6500). On the weekly there are some bullish signs wich gives me hope. RSI is bottomed out and MACD looks delicious.
Coming days are important for the direction of BTC. If it breaks the downtrend (8000, 8100) I suspect some upwards movement --> road to 10K. But first I see some action towards 6400 first and hope it does hold it's support. Daily MACD looks interesting Weekly RSI aswell Interesting days...
Possible bottom: 18K Breakout time: 16th april --> begin of May Potential Target: First target should getting us to 35K easily, further forming the handle
Buy zone: 18K-23K Breakout: two weeks (no just kidding... or not?) Probably mid april/may Scenarios: (1) VTC reaches 18K --> going upwards (2) VTC stays at 22K/23K --> going upwards (2) VTC reaches 18K --> going sideways for a few weeks/months depending on BTC Therefore I believe most alts are at their bottom already and are just waiting out Bitcoin's behaviour.