At the time of this posting LUNA has appeared to have found a bottom around the previous 2 week low and open (orange). A fixed range volume profile of the recent drop off shows there is volume coming in to support this potential bottom around 42.5. PA dropped rather quickly so there are a few areas of potential liquidity to be had (green boxs) and the 2week POC...
Close above 47.02 to clear the previous 2 week highs and 161 fib level means we are doing the Polka al the way to 60.
XLM/USD is nearing the bottom portion of the final shoulder in this bottoming iH&S. A breakout of this pattern will take price to the November '18 breakdown. This bottoming pattern is similar to the bottoming patters seen in BTC, LTC, and ETH circa earlier this year. I expect XLM/USD to be one of the first movers in the Alt Season (*if), based on it's current setup.
KMDBTC could complete this iH&S in the coming days. If so the target long could be a tasty +50%. I would recommend taking profits at levels on the way up. RSI is matching the iH&S pattern and SAR is giving a long signal to boot.
Price is bullish above cloud on 4H, 6H, and 12H. Target would be 1120
An RSI move from 10 to 30 made MITH/BTC pop in December. The RSI has worked its way up and retested the bottom range of the RSI. I think another small pump on the RSI could turn into a 3x in a hurry.
ETC/BTC finished C&H on the 4H. Strongest resistance at 28 with the R4 pivot and strong fractal resistance.
Not much to say except that if we close inside this cloud we are looking at a massive e2e opportunity.
ADA trying to complete an inverted H&S on the 1D. 3.4K sat target
Yesterday I pulled a 4H bar pattern from an earlier LTC run and projected it from the fractal break. Following nicely, adjusting stops as fractals print. Targeting 215 sat e2e.
OMG 1D trying to complete a C&H formation. Looking to target .002535 after breakout
ZEC has been showing positive interaction with the levels of this fork. Made a solid run with volume after the previous MACD double bottom, and could see the same here if we get the proper volume profile. All this in conjunction with a bounce off of the fork median, which has been hodling.
Doge has just finished the RSG steps on the 50/200 EMA. Prices moved above the 200 (Ready), Golden Cross of the 50/200 (Set), Retest of the 50 EMA (Go). Would expect a takeoff from here.
The reversal may be on here as we have a pretty textbook A&E formation coming in
HMQBTC chart starting to show some good BB compression on the 4H. Has some history of quick spikes on the break.
Inverted H&S + pitchfork support + edge to edge cloud with bull TK cross. Resistance @ 38% with potential breakout on future kumo twist going to 78%. Bullish RSI