Hello all, Just some thoughts here. The pattern seems to be fairly similar to what we saw earlier in Dec '13. Back then we hit a high of ~$1,150, dropped back to ~$400 (-70%), then we bounced and climbed back to $930 (+130%) before slowly consolidating to the $200 range (-90%). I have shows similar points of interest with out current chart with upcoming targets...
ARK is still looking really good on 1D candle sticks. It's following the trend nicely and I think we can continue to see it ride the trend line within the next few weeks. Some point to note and things to look out for: - Whether it reaches the first or second target is unknown yet. Will have to watch the RSI and MACD closely when the time comes. - The # of days...
December is going to be an interesting month in the fact that the price is about to hit a major trend line (blue). Just looking at the history we can see that when the price rides along the trend line, the MACD levels off at around 0. And that is what it looks like we might see here. I'm looking for the price to ride along the trend line again and then another...
ARK has hit some major support around 72k sat. The ARK price has bounced off of .786 fib multiple times as shown on the chart which indicates a strong support. Bittrex order book is slowly building up and the RSI is showing oversold. You can also see that the waves for the RSI are getting lower and smaller at the same time. What to look for: - All thick red...
When the price is moving sideways very well while bouncing off of fib retracements, that's usually a good since. We already have enough support for the price to hold but yet not enough for the price to move upward. We did see some rejections after the previous run up. Then the price slowly leveled off. We can expect a breakout once it hits the top green...
Stratis is slowly building up some buy support. This is a common pattern with Stratis however it should not give concern to people holding long term. Their first Alpha release is coming up very soon and they're working hard to release a solid product. Look for volume to pick up and those buy walls to form to provide solid support in preparation to move upwards.
PIVX has been doing really good for the past few weeks and I'm expecting it to continue for the rest of the year. A lot of things are happening with constant weekly updates. Order Book on Bittrex looks good with buy support. Volume picking up and reaching $1.7 mil (hopefully $2mil very soon). MACD is below 0 but RSI showing over bought so expect a little sideways...
adToken has a lot of buy support at .0000088BTC. I'm not expecting it to drop below that point and if it does, it'll probably be temporary. However for now the volume is still fairly low so I'd like to see it flatten a bit around .786 fib and waiting for the buyers to come back in. Kepp an eye on the Bittrex Order Book for the buy and sell walls.
Drawn up a flag shape, might see a breakout going into the weekend. Support around 0.000012BTC. If support breaks, next support will be 0.00001BTC.
I invested in this a couple of days ago and logged in today to sell some because I feel like I haven't done enough research before I invested. Before I was about to sell I figured I'd look at the chart. I don't know what else can be better than what I see here. RSI and MACD show oversold, the candles are bouncing off of the fib levels perfectly on the way up...
Stratis formed pennant and should break fairly soon. Lot's of news coming up for Stratis...will we see $10 again soon?
Bitcoin trying to push up towards that $3,000 fib mark. Watch the volume pick up and RSI trend move upwards.
Watching Stratis closely to follow the trend. Lower black line represents support and the upper black represents resistance. The price bounced off of the 0.5 fib fairly quickly, so that's a positive sign that it wants to continue to move up. Recently passed the .382 fib and hopefully it'll find additional support there as it continues to move up. Watching for...
Large pennant pattern. I think this long downward trend has hit bottom for the following reasons: - End of pennant has been reached and bounced out. - We see a trend forming upward in between the blue lines. - RSI has also finally broke the downward trend. - MACD surpassed 0. - Large volume picking up. Any traders looking to buy should either wait until the...
I'm expecting Bitcoin and Altcoins to continue to drop as we get closer and closer to August 1st. Not only could the prices just be stabilizing from all of the gain this year, but people are also pulling out because of the Bitcoin uncertainty. I'm looking at the price to fall to at least around $1600-$1700 mark, maybe even a bit lower. The price is still...
If you're thinking about getting in on Stratis or buying more, don't be fooled by the green candle this past day. Market trend tends to stay inside the Bollinger Bands. I have pointed this out with arrows on the chart. You can see that once the price moves out of the bands it tends to jump back in. This last green candle just may be a way for the market to bounce...
STRAT showing strong support around 0.0026BTC. Not only it's the previous consolidation level on June 12th, but it's also at the 0.5 fib level and the trend line (shown in black) hits that exact same price point. Expect STRAT to continue to hold that support, especially with the development progress news coming up in the next several months. Of course anything...
ETH found some support at .382 fib and is now about to break the .236 fib. All who bought at the recent dip are about to get some good profits :)