Been a while since my last post guys, but couldn't resist putting this one up. A great pennant that, if it breaks correctly, should deliver a 15-20% continuation on the previous bullish run. I think this will take it to at least 7000 sats if not further. I will be waiting for a spike in volume to show a confirmation of breakout then will be getting in quite...
One of the most picture perfect wedges/Descending triangles I think I've come across for a while. Strong support just above 16000. Based on previous bull run could easily do 25% gain here in a pretty short time frame. As always stay focused and trade to trade well.
Woke up this morning and MAID was one of few coins not a 24H high, but there is a nice consolidation in play for the next couple of hours that will see it shoot to 15000 over the next 6 hours IMO. Got some good people telling me this will be good in the long term at Beta and Release stages but for the moment there is a short term opportunity Need to be quick on...
Huge bullish pennant continuation setting up on GNOBTC and with a lot of sideways consolidation in the last 18 hours. The Bollingers are getting super tight as well so we could be looking at something rather soon (next 48 hours). Buy walls are behind this like Donald Trump was behind....well...Donald Trump. The flag pole on this showed an increase of 0.075 BTC,...
Expect Reserve Bank of Australia (RBA) rates to stay stagnant. There has been a drop in auction clearance rates and property values across previously hot markets of Melbourne and Sydney due to APRA's interest only lending changes, but this is nothing to cause concern for the RBA. We can see the beginning of a downtrend on AUDGBP as confirmed by a lack of buying...
As a former bag holder of XRP, I would typically see very desperate posts calling for it to go to the moon on a near non-existent technical, but here is something I can actually see. For full disclosure I am considering entering a long position based mostly off of previous breakouts we have seen when getting to a pointy end of a descending triangle. With a new...
Yet another Triangle pattern on the hourly for Stratis here. Keep an eye on the next 12 hours as we could see a breakout of 30k-ish mark. At which point, if volume confirms, I would expect a climb to 350k (Conservative) with potential to go to 400k for the more risk inclined. As always, stay focused and trade to trade well.
STEEM/BTC is looking good for a long position based on daily and hourly pennant. Will head to 100k based on previous move and could move further up depending on where the breakout occurs. I am long on this at about 81k. I think there is a good 20% to be made here. Stay focused and trade to trade well.