Stellar is next to a decision point, according to trendline it could break in my view on the upper direction. Confirmation is always needed, I think that a good point could be up to 3800 or on 4000.
If uptrend start over confirmation considering the weekly chart a long time uptrend is expected.
Bouncing from fibo level and support trendline, plus break of downtrend line could confirm an uptrend. Target according to Fibo and further downtrend lines. StockRSI looks interesting. This analysis should be supported by a general positive market trend.
This tentative analysis need confirmtion: the trend is close to support line and Fibo level. Incoming reversal is encouraged by bullish divergence visible on MACD. If reversal is confirmed we should see an uptrend according to Fibo levels. Confirmation could be provided when trend should pass the orange downtrend line.
General market trend (bitcoin) to be also...
This idea is based on the 4h and daily chart:
- MACD, RSI and Directional Movement confirm bullish movement
- Trend seems to follow a powerful reverse head and shoulders scheme.
- Breakout of the main orange downtrend line from the top
Confirmation could come from formation of the second shoulder.
Target are shown as Fibo level and as distance of the head from...
This idea is based on the 4h and daily chart:
- MACD, RSI and Directional Movement confirm bullish movement
- Trend seems to follow a powerful reverse head and shoulders scheme.
Better confirmation can come from breakout of the orange descending line around 550.
Target are shown as Fibo level and as distance of the head from the neckline.
This idea is based on the following factors:
- Index: in 4h and daily chart MACD follow and is protected by the bullish divergence similar for all the market (green line), Directional movement is in bullish development, RSI still have good margin to grow,
- trend: at the same level price I expect the trend is assuming similar impulse like in the past (see...
My personal opinion is that after this long correction most of "light holder" already sold so there should be sooner then later space for market reaction. Even bearish news are loosing steam and only big news such as a new sort of ban of some important market could cause another sensitive downtrend of the market.
Providing that we could be in a "fake signal zone"...
Even if the present market seems not allowing long term forecast I would like to share my unconfirmed vision on this future-proof smart contract platform for the incoming weeks.
The team, the partner (e.g. integration with microsoft...) and the project itself looks very interesting.
Technically the weekly and daily charts shows interesting possible development of...
Bouncing from support, all index seems good on 4h chart, RSI has good margins. My vision is for a quite strong bullish run. Fibo levels are shown to drive target. Due to general uncertain market conditions tight control is suggested.
This idea is based on 2h chart and need confirmation. I see level in red as possible entry level.
4h and daily charts are developing and will be in a more clear good shape, enforcing this idea, if this breakout will be confirmed as bullish. Fibonacci level are shown as possible targets.
General: I agree with the view that this coin even if, in this period, is...
This idea is based on possible incoming breakout of downtrend line and need confirmation. Even index should develop more for confirmation. The intent is to catch any opportunity here around.
Possible catalyst for the rise could be the listing on the young Cobinhood exchange (no fee) in February
--> medium.com
Whatever happen this news confirm the progress of this...
My first Chart published:) As a beginner I see in the weekly chart the start of an uptrend. Iconomy is a good project and is named as one of the best blockchain companies to watch in 2018 for significant growth (--> www.forexnewsnow.com )
This idea is based mainly on 2H chart and need confirmation on long time-frame: after touching very low value, RSI, Momentum and D+ curve seem to invert their trend giving a certain uptrend signal. Fib levels and possible ascending channel are shown on the chart to drive this trade.
This idea is based also on MACD, RSI, StochRSI, and Directional Movement that seem to indicate the uptrend both in daily chart and in weekly chart. ICN is about to breakout the downtrend line.
Better confirmation above 1,9$.
I see as possible target: T1 at 2,7$ T2 at 3.3$ and T3 at 4.7$ for the moment. Furthermore let's monitor also if as I believe a certain...
As a beginner this "unconfirmed" idea is based on the following assumptions in the day chart: low momentum, low RVI, low stoch RSI, good resistance.
If you are already IN, my view is to stay IN (in a safe manner - looking at fib and SMA), if you are OUT some further sign of inversion should confirm the uptrend. In case of fall I see 1230 and 975 area as possible...
