It would be nice to see a flush break above 54c & test the resistance at 62c next week. Time will tell per usual.
I have posted several charts on Dash, and someone asked if Dash has broken out of the pattern. If I ZOOM in on the same chart, you can see that Dash broke the pattern twice, or several time but bounced back into the ascending triangle each time. Very bullish, "IMO." Time will tell per usual how this plays out, but I think by tmrw or the end of this week Dash...
Is Bitcoin going to break flush through this resistance? Time will tell per usual.
In my previous post I talked about the descending triangle that was broken to the downside. It appears as though a bottom may be forming, not 100% sure yet. I expect to see a retest of the resistance at $2.20 CAD. Time will tell per usual.
EOM.
This week should be interesting trading for Neptune Dash. Every time Dash has traded below the trend line or on it since February Dash has went on a major run. Linked to this post is my recent chart on Dash about to make a bounce off support.
I've been posting my charts on dash for a few weeks publicly now because I feel like it's ready to rip off some faces, so far so good. Every time Dash has traded below this trend line or on it since February Dash has went on a major run. Keep your eyes on Neptune Dash. Ticker symbol DASH on the TSX.V. Time will tell per usual.
If not, $103.00ish USD is where the next support on my chart is. And if that doesn't hold, that will break Dash out of the Ascending Triangle, that wouldn't be good. IMO. Time will tell per usual. Keep eyes on Neptune Dash. Fidelity are huge investors in this company, and they've increased their position to over 15%, if I'm not mistaken. Fidelity took part in...
Mike Novogratz is awesome, but the chart doesn't lie. 1.30 & I'll start to take a position, maybe. he he he. To each their own.
Wow, almost picture perfect. I talked about Bitcoin approaching resistance on my chart in my last post. Now that Bitcoin has tested that, it would be nice to see consolidation above $5,420 USD area, or $5,350 USD area. Time will tell per usual.
Wow, almost picture perfect. In my previous Bitcoin post I talked about the resistance approaching, and we got rejected like expected. It would be nice to see consolidation above $5,420.00 USD. Or, the 5,300 USD area. Time will tell per usual.
The uptrend for Hive is still intact. Hive broke through two channels with news yesterday about Genesis attempting to take control of the board. I think now that the market has had a chance to shake weak hands, we may start to continue the uptrend, as long as Ethereum & Bitcoin do as well. Time will tell per usual.
If Hive consolidates above the ascending triangle & continues higher the trend is still bullish. Time will tell per usual.
$5,635.2 USD is where my resistance for Bitcoin is. I think Bitcoin is getting ready to Moon to $6,351.0 USD area. Keep your eyes on Hive Blockchain, they are currently Halted due to Genesis Mining attempting to takeover control of the board! Fidelity is the second largest shareholder! Hive is trading roughly 90% in correlation to Bitcoin & Ethereum.
Ethereum has consolidated above the Ascending Triangle breakout in early April, which is important when trying to reverse a bearish Macro trend. Old resistance should become new support, and that's exactly what happened. I'm expecting Ethereum to break out of the first channel above the Ascending Triangle I talked about previously by the end of this weekend,...
The news release from Tinley today was enough to test the resistance level at roughly 85c to 86c, which is the top of an Ascending Triangle! It would be nice to see Tinley break through this resistance flush tmrw, Friday, or possibly next week & consolidate above the Ascending Triangle. There's not much resistance until 1.13$ CAD if Tinley can breakout of this...
It appears as though Neptune Dash is trading in an Ascending triangle. With the momentum in the cryptocurrency space right now, especially Dash breaking out of an Ascending triangle itself recently, I'm expecting to see this pattern end bullish. Dash is likely to find support well above the ascending triangle breakout at around $98.00 USD. Time will tell per usual.
Ethereum has created temporary support around the bottom first channel, which is the top of the Ascending Triangle breakout from last week. Bullish sign.