MarketM8ker

MarketM8ker

Here is what I see that might be happening with fantom: 1) We are below the 200 ema, the ema ribbon, and the ichimoku cloud on the daily timeframe. Not a great sign, BUT we have managed to test the ema ribbon quite frequently during this downtrend, so we could very well break above it soon as the more often support/resistance is tested the more likely we are to...

MarketM8ker

Here is what I see going on with Jasmy: 1) The green zone of support has held which is a good thing. When we broke above it to the upside in the past and retested it, we had a 200% move to the upside. With that being said, even if we see half of that it could very well move us to 3.5 cents around where the .618 fib lies 2) The bullish rsi divergence on the...

MarketM8ker

A few things to look at here on SLP. 1) Apparently there are going to be some new ways to burn the coin here soon within the game. This could be a very good sign for higher price action but until this happens, we still need to be cautious. I have noticed recently that the burn rate has increased and the mint rate is decreasing, but only marginally. 2) It looks...

MarketM8ker

Here is what I see going on with bitcoin. On the 4hr timeframe, we are currently seeing resistance at the 200 ema as well as the ichimoku cloud. The price action is above the ribbon but under the cloud and 200 ema so the price is getting "squeezed" between the resistance/support. 1) Im leaning more towards move #1 but with low confidence. This is based on the...

MarketM8ker

There are two scenarios I have outlined that could potentially happen in my opinion. 1) We really really REALLY need to hold this green box as support and break above previous highs so we can make our way out of the ichimoku cloud and start an actual uptrend. As of right now, SLP has been generally trading sideways for the most part. 2) If SLP manages to do...

MarketM8ker

I have outlined to potential situation son the graph here. 1) you can see we have been held up by this lower uptraining zone of support for a few months now. It looks like we are currently finding support at it yet again. 2) Im very cautious of this green uptrending zone as we have tested it many many times over the past few months. The more you test...

MarketM8ker

There's a couple things on APE im seeing: Since there isn't much price history for this we can really only analyze it on the smaller timeframes. And even then, not much price history so a lot of APE analysis you see, including mine, could likely be a shot in the dark. 1) We have set a lower local low. If we set a local lower high then the previous uptrend is...

MarketM8ker

What we are seeing right now is probably the best thing we could see for btc. Healthy price action comes with corrections, as these corrections provide the nessecary support for the coin to continue higher. And we can see this on the chart with our indicators/support zones. 1) We broke the local highs set for the past couple months. Great sign. Also a strong...

MarketM8ker

A couple things: 1) In my previous post I mentioned we would likely come down to the green box and set a bottom, and drew the red arrow. I've adjusted the box to better fit the previous bottoms and tops set but even then we barely scraped the top of it. 2) We have managed to rally right back into resistance, as you can see with the red up trending zone of what...

MarketM8ker

In my previous posts I mentioned we could very well see a move down the the lower green box I have on the chart. 1) Instead bitcoin found support yet again on the lower green uptrending line within the triangle pattern as you see here. 2) The green box in the middle previously marked a key resistance zone for bitcoin. Since we have tackled that zone and...

MarketM8ker

I'm not a huge fan of making pattern trades without utilizing other technical indicators but KNC could be doing something very interesting here. 1) Like I said, not a huge pattern only trader, but when you see something like massive cup and handle formation on the weekly like we see with KNC, it definitely peaks my interest, as the longer timeframes have more...

MarketM8ker

Here is what I think is going on with FTM: 1) I mentioned the key zone of support marked by the green box. I still believe into this green box is at play. 2) The spread on the daily ema ribbon is very large. You can see FTM has already encountered some resistance near this first ema line, in combination with the uptrending zone of resistance marked in red. 3) ...

MarketM8ker

Update on WAVES: 1) I mentioned previously that we could see a breakout above the red box. I have now tuned the box green because it has flipped from support to resistance. Keep in mind we still saw quite a bit of resistance in this region but it was enough for the bulls to break through it. Since this gave us a decent amount of resistance I expect it to...

MarketM8ker

Not much has changed since I posted about SLP a few days ago. I have linked my previous post below as everything within it is still relevant in my opinion. Take this into consideration: 1) SLP has now flipped the green box I had from support to resistance, so I have changed it to red in color indicating a zone of resistance. 2) The longer we hang out below...

MarketM8ker

Here is what I see with GRT at the moment: The bullish: 1) The green box I have drawn is GRT'S last key zone of support. I am getting this from the touch that GRT made shortly after launch and proceeded to rally over 1000%. Ever since then we have yet to re-test this box. 2) We have daily bullish RSI and MACD divergence. Always a good sign. 3) We have been in...

MarketM8ker

Here is what I see going on with BTC 1) We could likely be in wave 4 of the Elliot wave impulse method. The reason why I believe this is wave 4 is because usually they are the most drawn out and "choppy" out of all 5 waves. 2) If this is wave 4 (likely to be) then that means we have 5th and final wave to the downside on the daily chart, likely re-testing the...

MarketM8ker

Here is what I see with waves: 1) We've been in descending channel for quite some time now, recently retesting the lower boundary and now the upper. 2) The red box I drew out a few days ago, and we see that waves is experiencing enough resistance to stop it dead in its tracks for almost a week now. This red box represents a key a zone of resistance (from...

MarketM8ker

There's a few things happening with Fantom right now: 1) We have broken bearish out of what was established as a bullish pennant pattern, not a great sign. 2) There has been some FUD spreading lately about some developers for FTM leaving the team. Not too sure how much this will affect price action in the long term but the company said that this departure...