BITFINEX:BTCUSD Topping out at $11,400 - Bitcoin euphoria reached a maximum this week. With a large piercing wick on the weekly candle, we will probably see Bitcoin reverse course a bit in the near term and potentially retest previous highs from the last few months.
We have a strong support on DASH/BTC - hitting support at least 4 times. In addition we see a broadening bullhorn pattern. It could break lower and see ~20% decrease in value, but if not, then target is +130% from current price. DASH is historically a strong coin and is on deep discount with multiple reasons to buy. RSI is strengthening and shows bullish...
Ripple seems to be in a pattern of major activity happening in periods of about 39 days. When we divide up the chart, this is expressly evident. We have just completed a 39 day cycle and are at major trendline support with all short, medium, and even long term moving averages converging to a single point. WHAT DOES THIS MEAN? It means that the energy for Ripple's...
KRAKEN:ZECXBT This looks to be the last chance to get in on ZEC before a new bull run. Things are heating up quickly. First target ZEC @ $311, then much higher if it breaks bullish confirmation line.
BITFINEX:LTCUSD Many other coins are having breakout moments - it could be Litecoin's turn! Similar bull pennant pattern we saw earlier in the year. Watch the breakout levels and buy on strong volume.
BITFINEX:ZECUSD ZEC is in an upward channel pattern with a decent support zone underneath it. Look for the immediate breakout of the more recent downtrend line around $212. Bullish confirmation is above $222 with a target of over $280.
Head and shoulders pattern developing on Litecoin. After the Bitcoin run-up, this one may be primed for another pullback up to 25% from current levels. KRAKEN:LTCUSD