Houstency

Houstency

Last week's chart for $Luna still holding, if $Gala loses the support at $81.23 the next available support is at $53.33. On the weekly timeframe, something is happening and confirmed with the bearish signal on the daily timeframe and #BTC's weakness. Time would tell.

Houstency

Still following last week's idea; $Gala is trading in a descending triangle chart pattern, which is a bearish formation and currently hanging on the support and held through last week, if it loses the support which I expect it would, owing to #BTC strength, more downwards movement to the next support before reevaluating. Bear in mind that $Gala isn't so strong on...

Houstency

$Luna is moving towards the $81.23 level, and if the support doesn't hold, the next critical support is at the $53.33 level. Let's see how it unfolds.

Houstency

$Gala is trading within the resistance and support in the chart from last week. It is equally forming a descending triangle chart pattern which is a bearish formation but can only be confirmed upon the weekly close of #BTC as well as if the price breaks the support. Alternatively, if it successfully retests the resistance shown in the chart and breaks it, more...

Houstency Updated 

Not many changes to the $Rbn chart during the week. Still bullish on the HTF, so the price has to break the resistance at $2.53, and if successful, retest the ATH or retest and break down the support at $1.29 for a bearish move.

Houstency

$Zks is moving gradually, the idea is shown in the chart.

Houstency

Update from previous weeks, it has steadily been following the Fibonacci retracement levels, from last week, the price completed the clean retest of 0.786 fib level and broke through the crucial resistance at $30.38, as well as the resistances at 1 and 1.272 fib levels. I wouldn't rule out a retest of the resistance at 1 fib level, else a retest of the ATH price...

Houstency Updated 

Update from last week: $Luna has been consolidating within the resistance and support. It has formed an ascending triangle pattern, if it breaks the resistance at $96.72, I expect it to break its ATH for price discovery mode. TP - $116.66, SL - $83.4.

Houstency

Update from last week, Price of $Gala has held nicely within the range of the local support and resistance. I expect an upward movement, and the price has to break the resistance at $0.39580, to give it the needed push to break the ATH.

Houstency Updated 

$DYDX shows a falling wedge and double-bottom pattern, with the double-bottom base(support) around the $4.4 range, signifying a bullish reversal from the downtrend. It is equally showing a long signal on the indicator used in the chart, so I am quite bullish in the mid to short term, if and only if #BTC permits Alts movements from now till May, we should flip both...

Houstency

$CVX is respecting the Fibonacci retracement levels, from last week, the price completed the retest at (0.236 fib level) $19.17 and blew past 0.382, 0.5, 0.618, and 0.786 fib levels. It is currently trading around the crucial resistance at $30.38, if it breaks it successfully, the ATH price of $63 is within reach, targets are given by the Fibonacci retracement indicator.

Houstency

Price is on recovery mode. Showing long on the 4HR timeframe, the support at the $0.82 mark is holding nicely, so I expect a retest of the resistance at $1.29, if it breaks it, then hopefully we have the needed push to retest the next resistance.

Houstency

Luna is bullish on the higher timeframe, so I expect a continuation of the bullish course. The 4HR chart is has formed a head and shoulder pattern with support and resistance shown in the chart. Either it breaks the resistance at the $96.72 and creates a new ATH or loses the support at the $83.4, in this case, doubles as the stop loss for reevaluation. NB: I am...

Houstency

The trend is bearish on the Higher timeframe and confirmed with the RSI indicator. We have a Descending chart formation. It could go both ways but more aligned with the short direction, but if and only we breach the current support at (0 fib level) $4.427, stop loss is $4.272. Or if it retests and breaks the resistance at (0.236 fib level) $5.401. Note: I am new...

Houstency

The trend is still bearish on the higher timeframe. Currently retesting the support at $0.81 for the second time, breaks the support and downtrend continues or breaks the resistance at $1.29 for a bullish course. NB: I am new to charting and open to corrections. Thanks

Houstency

From the chart; We have a Descending Triangle Formation, and we are trading very close to the edge of the triangle towards the base of the triangle. The higher timeframe trend is bearish, but only after it breaks the support at the $0.19 range before we can confirm a further downtrend on the 4Hr chart. Also if we factor in RSI, price is forming a Lower Highs and...