JustinTimeC7
The red line is just guessing at this point there's no actual proof that that's a support line. if it does drop out of this triangle I will buy a lot more. but id buy more if it fell to below all time lows so... but this is just a rough guestimation a more solid pattern might arise and it might indicate more bearish downside we will see.
Its a little rough around the edges but it looks like a pretty decent cup and handle formation to me. TOTAL2 (Altcoin market cap) has also had a good bounce on a parabola I drew a couple of weeks back so its looking okay. of course if the TOTAL2 breaks to the downside we will have further downside.
Dot is looking okay. if we do break the trend line we might be in some trouble but there's some hidden bullish divergence in the RSI as DOT is setting higher lows but the RSI setting lower lows.
I don't own any LINK as I sold at $4.88 when I posted my prediction for a correction ( linked below). currently, I am looking for a reentry point again. depending on what bitcoin does ill share 2 of the most likely possibilities that I believe could happen. Bullish scenario. If bitcoin hold its level or rebounds and climbs higher, We bounce of the 3,80 line and...
XTZ just bounced off of previous support clearly indicating that it is now resistance. I see 2 possible scenarios play out. Bearish: we bounce about eventually breaking the support line and make a lower low. Bullish: we bounce about eventually breaking out of this area signalling a trend reversal. You could make roughly 17% gains every time it bounces...
Eth does look like it could have some upside but it could also have some possible downside. If you decide to trade this I recommend keeping a tight stop-loss in place. I'm not trading this until I see a clear confirmation to either side. Good luck and I hope your all having a good day.
KNC seems to be bouncing up and down in this area and ignoring the rest of the market ( to a certain degree ). We are still on track to 4 dollars by April 30th. I see 2 possible scenarios play out. Bullish scenario. We bounce off support again and break up and out of this bull flag following the parabolic line that I've drawn some time ago ( linked ). Bearish...
If bitcoin manages to break up and out of this cup and handle formation ( signalling a bullish trend ) but traditional markets keep falling we might have a massive bull run on our hands. as everybody will then see that bitcoin is going up while other markets are falling people who were in traditional markets are so much more likely to buy in ( but we would have to...
We are forming a bearish MacD cross on the daily chart right now so I expect some sort of correction soon. If we bounce off the green line which is a parabolic trendline we are all good. if we don't we are not in good shape. So far we are on track to 4 dollars by April 30th tho.
After A nice correction I scooped my link back up for discounted prices yesterday and it's now looking pretty great on the 4H with a bullish cross incoming on the MacD. Might go straight up or it might continue in this triangle pattern we have been forming for a while now. I don't see anything to be concerned with right now unless we dumb and fall below the...
Since ETH just Broke bearish you might want to be cautious.
We dropped to the bottom of the channel and I see 3 or 4 posts of people saying we are going to 180$. don't ya just love the weekends?! Personally I believe we will stay in this channel and continue on our bullish trend but if we do break out of this channel we might retest 239$ and hopefully bounce back up. We do have some heavy resistance coming up so I'm not...
This is a potential buy point but if we fall out of this channel we will have a large correction.
Link is looking strong. In my previous post a called the top and though it would go down to the long term support line but I am updating my prediction to this new support (red line). if it breaks through that we might move up along under it and break out a little later. if we have an apocalypse we might go down to the (Long term) support and break out a few weeks...
We just bounced off the resistance we just passed and made it into support. if we break this level however, we might have a slight drop before going back up.
KNC is looking pretty good after it bounced off of support yesterday evening.
We failed to break out. looking for a correction to the downside and retest later this month.
If we fall below the trendline.. well it would not be so great.