- held 200 weekly MA - bounced off trendline (yellow) - bounced off support range (green box) - weekly Stoch RSI oversold and about to cross up - great fundamentals. If we break out of the year and a half long consolidation (yellow triangle) we might visit the ATH. Good luck!
After breaking out of the previous ascending wedge , OMG/ BTC pair is forming a larger wedge . Currently at a support level , let's see if we can break out and continue the uptrend.
- Descending wedge pattern - Hidden bullish divergence on RSI and Stoch - Stoch RSI about to make a bullish cross - Descending volume - OMG looks bullish against USDT - Upcoming airdrop for OMG holders - Bitcoin dominance looking toppy
No fancy indicators and patterns, just look at what happened in the past when SC/BTC broke above or bounced off the 43sats level. Bullish momentum is indicating it might happen again soon, so don't miss out. (not financial advice, do your own research)
SC/BTC is showing signs of trend reversal. It has formed a rounding bottom which is a reversal pattern, higher highs and higher lows, broke above the 200 daily moving average, monthly MACD turned bullish. It is also one of the coins Coinbase is researching and has potential to be added to the exchange which usually moves the price higher. 280% profit is possible...
ATOM just broke an important resistance level at 0.0003887 and thus made a higher high on a daily chart while also breaking above the 200 daily moving average. The resistance has been perfectly retested on the 4h chart. Mid term target is at the previous high at around 0.0006600. Definitely bullish on this one ;)
Ethereum broke out of the falling wedge on the monthly chart and MACD is making a bullish cross. Bitcoin dominance is falling so we might get a nice alt season. Keep hodling!!!
KNC/BTC is consolidating in an ascending triangle after a nice run to the upside. If we break out our next target would be 45-50% profit from the breakout point.
GNT/BTC just broke the long term downtrend after making a higher low on the daily chart. Looking bullish af :) Previous support levels might be the targets to take profit. Good luck!
GNC/BTC is approaching a long term resistance and has formed a higher low first time since being held down by the resistance. Possible breakout, keep your eye on it :)
KNC/BTC just broke the resistance on the daily time frame and is looking for support on lower time frames. If it can stay above the support we can expect a massive rally to the upside.
LINK/BTC pair has formed a rising wedge after a nice run to the upside.Looks like it's about to break to the downside. Link is overbought on the daily so we are expecting a correction.
Broke the ascending triangle, retested support, off we go!
After a very nice 100% run KNC had a correction and is currently bouncing off the 0.5 fib level, at the same time BTC/USD is breaking up the falling wedge and might pull some altcoins with it. Let's see what happens, we are staying bullish on KNC short and long term.
BTC/USD is still perfectly on track, we bounced off the supporting trend line and we're looking for support at the 200 daily MA, we needed a correction, nothing just goes straight up. Remember: When in doubt, zoom out! Stay safe ;)
LINK has bounced off the support after breaking out of the ascending triangle just as we expected in our last analysis. Despite the whole market having a pullback, LINK/BTC is respecting the support and moving in a predictable ways. This is very bullish for the trading pair, we should be looking for some consolidation at this price range, then move to higher...