Skyrexio

Skyrexio

We detected the Cup&Handle formation. Technical indicators are still bearish. Nevertheless this coin has a great fundamental basis. Moreover, the price is above Ichi cloud and Stoch RSI is in oversold zone. We recommend this coin in the short term.

Skyrexio

We carefully track ETH since its dump to $580. Our analysts team thinks that the price will head to the Fib 0.618 level from which there will be a rebound to the upper edge of the triangle. There are two reasons for this scenario. Firstly Ichimoku cloud is now a strong resistance for the price upward movement that is why it should consolidate a bit more to break...

Skyrexio

The price returned to the channel because of Cup and Handle was formed we expect a break out of it soon, as fundamentals of this coin are great and technical indicators Williams Percent Range (14), Commodity Channel Index (20) and Hull Moving Average (9) confirm this. Buy in suggested range and sell 70% at the first target. Risk is medium due to possibility of BTC...

Skyrexio Updated 

Market started to recover, BTC followed optimistic scenario and grew. It is above the Fib 0.786 resistance level. There are two reasons: many fundamental good news which brought significant volume back and finishing of annual January crisis. However the price is still in the Triangle. BTC will grow till new ATH only when it breaks the Triangle upward. We forecast...

Skyrexio Updated 

BTC price movement may copy sine line. Technical analysis (Triangle pattern) and Fundamental analysis (a lot of good news about adoption and regulation of BTC) confirms this scenario. However, BTC price falls dramatically each January and recovers from mid of February till April. Currently situation is pretty bad as the price went below Fib 0.786 support level and...

Skyrexio Updated 

Moving averages and Momentum indicates a good moment to buy, the volume is also rising it went above $500 bln. first time during this February. The price reached Fib 0.618 and didn't managed to break through resistance. However price consolidated and bounced from bottom edge of ascending channel near the strong support level of $10000. We expect further volume...

Skyrexio

The price movement went out of the triangle and formed the XABCD pattern. MACD (12, 27) and moving averages indicate a further growth. The price can form 5 Elliott wave pattern if it bounce from the Fib 0.5 support level. We will carefully watch this coin and provide you with all updates. For now it is a good trading opportunity.

Skyrexio

Momentum (10), MACD (12, 27) and Stoch RSI indicate a good buy opportunity. So do simple and moving averages (10, 30, 50, 100 and 200) while Ichimoku Cloud Base Line (9, 26, 52, 26) is neutral, hence the price does not have any significant resistance. There are a lot of good fundamental news that will increase the price in the following month. We recommend to buy...

Skyrexio

The bottom line of the triangle is the support that was tested twice, currently the price is near this level and should bounce again from it. This will be a fifth Elliott wave which will break the Triangle upward. We expect a significant rise of this coin as its fundamental basis is decent as well as technical. It has been recently added to Bittrex and we waited...

Skyrexio

We detected a possible H&S formation. The price is currently below the Ichimoku cloud while Stoch RSI indicates oversold zone, volume is rising, hence the price will go up to the upper edge of Ichi red resistance line. Then it will go down finishing H&S formation as Hull Moving Average (9) and Exponential/Simple Moving averages 200 indicate sell time. The price...

Skyrexio

Technical indicators: Momentum (10), Exponential Moving Average (10, 100), Hull Moving Average (9) - shows a growth possibility. The price consolidated at 0.0000100 level and is about to break the triangle upward. Moreover, if this happens then Fib 0.618 resistance will be broken too and a new wave of growth will start.

Skyrexio Updated 

The price has overcome Fib 0.382 resistance and is on it's way to form Cup&Handle pattern. Stoch RSI indicates overbought state, wait till the price consolidates a bit and buy for a short term trade. Alternative scenario is Double Bottom formation but this will only increase timeframe of the signal. Fundamentals are good and the most of indicators (Bull Bear...

Skyrexio

Pessimistic scenario was rejected, we have a lot of market recovering signs. The price managed to survive bear pressure. H&S pattern wasn't finished. At this moment the price should consolidate in the channel and if it bounces from $8500 level a reversal and further growth will happen. However it will be a fifth wave of growth and there is not enough volume to...

Skyrexio Updated 

The price moved accurately like we predicted in the previous analysis. However, there is an opportunity to form H&S pattern as there wasn't sufficient volume to overcome the resistance of $9000. BTC is at a critical moment: right now the price can move in two scenarios with equal probabilities. It is below Ichimoku cloud and the red line is above the green line...

Skyrexio

Double bottom is forming right on the Fib support level, while the price is above Ichimoku cloud. Moreover Stoch RSI is in the oversold zone. We expect a short term growth to the 0.000715 BTC. Stop loss is below 0.000560

Skyrexio

On the 1-hour chart we can see that 5 Elliott impulse waves were followed by ABC correction waves pattern. After this Cup & Handle pattern is forming. Right now the price is above Ichimoku cloud moreover the green line is above the red line right in the place of handle formation. Moving averages and Stoch RSI indicates oversold zone. Combining with a strong...

Skyrexio

We expect a bounce from Right Shoulder right to the the upper edge of triangle and resistance level of 0.5 Fib around 15000, testing this patterns for a breakdown. In case of success consolidation above 0.5 Fib the price will continue to grow. ADX is waiting for relizing platform, but exact date is unknown. But, if the release date is transferred, we can expect a...

Skyrexio

The price broke Fib 0.382 resistance level and is consolidating now forming 5 Elliott impulse wave pattern which will move the price out of the triangle. Stoch RSI confirms this scenario. If this happens then XLM will grow to the next resistance level of Fib 0.236. This asset has a great potential and is going to return to the previous heights. Buy only when the...