A like & follow is always appreciated if this idea assists you. :) With NAUT showing some life recently, it's time to consider a deeper long possibility. It has recently wicked through it's local trend and should proceed through the macro line soon. LOOK FOR: A cross of the moderate time frame pink trend line should lead to some fairly profitable targets. RSI...
PINK has some potential here. LOOK FOR (in order) RSI Break - wait for break of 60, immediate target is top of RSI trend @ 62~. Break of local trend - early buy signal, potentially half position. Break of box - Also happens to be a fib that has proven to be a challenge for pink. Wicks are our biggest concerns here, this has been a rather long consolidation...
SC just recently tested ATH's. With alts currently in a slight dip due to BTC, now could be the time to get a potential mover at a discount with pretty strong support. Can pick up the coin now with a close stop under the red macro line, or underneath the VPVR & level at 550~. A 50%/50% method is generally preferred, but a 33%/33%/33% position for an...
With BTC teetering on a large trendline lately, it is easy to think this movement is completed and the market is about to become bearish. However, we are over a month away from Segwit, and all signals still look OK on all timeframes. Our RSI trend looks touchy, but still healthy. The macro trendline of this entire bull run has been respected multiple times now....
Just like RIC, this is the other coin that has yet to moon on polo. As you can see with the red macro trend line that caused quite the storm, this is a reasonable reference for the bottom of our channel. But more importantly, it gives us a nice fractal to use on RIC to hopefully give us some insight that traders are paying attention to lower level wicks as trend...
RIC is one of two coins that are due for a moon on Poloniex currently. HUC being the other. HunterCoin's major burst was based on a later wick, so we are using the same logic here for RIC. A cross of the pink macro line is a powerful indicator of a big move. Buying now is somewhat risky, your only safety net being the monthly pivot @ 5000 which is a 35% risk. A...
Time to consider a deep long. After a long consolidation we are looking for a breach of that bold yellow line. XPM is a messy coin, but this movement looks promising.
Post-Pump, it's time to consider reentry for anyone who may have closed. A breach of this flag (.012) would be exactly that.
Now that ZCASH has broken out of our original consolidation box and is consolidating into a new one, it's time to consider some future movements. Looking at Gann Fann (Blue) we can see a handful of confirmation points to signal that ZEC is respecting gann theory. This gives us confidence that our new zone is strong given that it crossed into a new gann channel....
Plenty of information to be looked at here. You have a breach of the consolidation box, then you have the very powerful macro top level trend coming across the top. A breach of that macro trend would speak heavily towards how this coin wants to move. Pay attention to volume when it crosses that macro line. High volume + Macro Break = LEGGO
Burst is a notoriously crazy coin, but it looks to have gained some semblance of stability recently. A break of the purple shows confidence in an uptrend and a long could be taken there. Being so close to the top trend line it's probably better to wait for break & retest. Either way, pay attention!
With FCT breaking trend if you are not already in, waiting for a breach of the consolidation/retest will be a safe entry.
Just something I noticed. Worth keeping an eye on.
ZCash is an interesting coin. With only 1 million or so in circulation, this price is going to skyrocket once it meets any sort of major marketing cycle. A breach of .12 would be a pretty safe opening and only a risk of 25% should it decide to drop. The cup and handle was tested and broken, we're currently consolidating before the next movement. Based on it...
We've broken trend, have been consolidating for a bit. Once we break this consolidation it's time to go in and go hard.
One simple trend line on a broken channel confirmed into substantial gains.
Pitchfork is being respected due to bull channel -- near bottom of red trend -- close above purple fib is strong indicator it wants to break pattern
Larger trend is coming into play as STR is tightening it's consolidation. Watch for break, target is first fib.