Finally had sometime to look at AXS, noticed a decending triangle forming. From last night we got to our ALT for AXS around 52.5 and have been going from lower highs since then. We've found support at 0.5 fibs going from where the climb started yesterday up to the ALT. I was expecting a retrace to the 0.618 which lined up with the 20EMA and thought it would bounce...
Ive just been doing a long term charting of XRP and its formed a downtrend from an uptrend channel. Its currently sitting on support but the 50 EMA has just crossed the 200 EMA and is looking towards down. If BTC doesnt rebound id expect to see XRP heading to the next level support 1, otherwise bounce back, again relies on what BTC does atm. These are just my...
Been watching BTC the last month and for the majority of that time, it has been bouncing between 33k and 39k testing either side but ultimately moving between this channel. The next 4h will bhe interesting in seeing whether BTC respects the Support at 33k or break through, it did test 30.9 k but quick moved back towards the channel. If it does break through i can...
Looking at FETUSDT on the 4h we can an ascending triangle forming and waiting to see where the next couple of candles end and if they close above 0.33 we can expect some movement up. DYOR and these are just my ideas as im still learning NFA.
Just a quick look on XRPUSDT4H, When can see the 20 EMA has crossed the 50 EMA which is bullish, as we can see with XRP its continuing the uptrend and is moving towards the current resistance which has consistenly been tested the past fortnight. will be watching the next few candles closley, if we close above the resistance we might be one for a run towards...
We can see RENUSDT4h is in a current uptrend and is starting to make the 3rd impulse of an Elliot Wave having bounced off the 0.618 fib retractment. If the current trend moves above 0.65 (1st Impulse) then we should move up to peak of the 3 wave which is the 1.618 fib ext before retracing back to 0.65 before the final impulse. These are just my ideas, not...
I've been watching MATIC climb back its gains all day today, thought id do some more charting after work. Looking at its current run we have jumped above the current support line (Support 2), if we carry the momentum over the next couple of candles I can see MATIC making its way to the $1.6 mark (Next Support) from there I can see it bouncing between support and...
Been doing some Sunday arvo drawing and not financial advice. Looking at the BTCUSDT4H like we all are at the moment guessing where we will end up. I've marked out some key S&R lines in purple. Right now I'm watching this and possible the next to see where the candle will end the last few have been right up on it following the trend but if this on or the next...
After the step rise and sudden decline of MATIC, it looks to have broken its current downtrend and is looking bullish. If this current candle closes above the support level of $1.36 and holds we should be primed for moving back up, next support would around the $1.57 mark. These are just my ideas from looking at the charts, not financial advice. Let me know what...
Just having a quick look at the charts, since the dip on 19th May, ETC seems to be having some support at the $59 $60 dollar mark. Our next support appears to be around the $87. If it doesn't move towards $87 id have a feeling it would be going towards $40. Will need to watch the next few 4 hr candles to see which direction we're heading. Still learning and this...
Hopefully if GRT continues and breaks this trend line it can move towards previous highs Just my thoughts, Not financial advice.