Bitcoin is forming a leading 1st wave diagonal/bearish rising wedge. At the moment btc is finishing the 5th wave, RSI is long steam and MACD histogram is downticking. Good play for a short target would be around the 0.382-0.5 fib level. Short play 3.65% gain R:R of 2.97.
XLM Stellar is at the moment finishing the C wave of the second wave. As you can see the fib retracement shows that the current price is at the golden pocket of the fib level the 0.65 wich is a very strong support level to trigger buys, wich I think will not hold. But looking at BTC, I still think its not done correcting as im waiting it to go to the 7800-7700...
Zilliqa has been performing pretty good these days and still the chart looks really good and alot of room to grow. 4 waves have been counted we are looking for the last wave wich is the 5th one. Also it looks like it is forming an acending triangle pattern wich is bullish. Right now, for me this is a no trade zone, I would buy on confirmation the confirmation to...
Tron has forming a acending triangle lately wich is likely to break out soon. How I would play this is wait for the break out to happen, since its in an apex region it's likely going to happen soon. This R:R setup I made is a risk of 11.75 wich is a very good risk to reward and a possible gain of 14.92%. The target is based on fib extension level of the wave 1-2...
So from what I see on the 4 hr for FUN/BTC. -Support at 489 sath -Bounced off the .5 fib level -Waiting for confirmation for wave 3. The RSI also shows a falling bullish wedge, once it breaks that we will see a slight uptrend. You can buy on confirmation when it breakt the wave 1 (green line ) or you can buy now what I wouldnt recommend. Always ladder your...
Fib extension from 1 to 2 tells it is possible for wave 3 to hit 1:1. around 13800(slightly higher than the 1:1) for first target and then next target would be 1.618 for wave around 16600. The last 4 hour candle also closed with an inverted hammer wich is a bullish sign.