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Overview : CTSI/USDT failed to bounce off the S/R flip. Looks like a retest is trying to get going today. Analysis : CTSI/USDT has shown weakness during bitcoin's recent uptick. This prevented a successful retest of prior resistance-turned-support. My updated chart shows an upward channel colliding with a penultimate line of resistance. The arrows simply...

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Overview: NKN/USDT is coming up on a crucial test of prior resistance, including the neckline of a textbook inverse head and shoulders pattern. Analysis: The 3-day chart suggests a pretty hefty line of resistance at the 0.03 area for NKN/USDT. This is not only prior resistance, but also a perfect alignment with a massive, inverse head and shoulders pattern. If...

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Overview : After a nearly 40% correction off the local high, ANKR has started its way back up - convincingly. Analysis : The chart shows one important line of support in the 57-58 range, in green. On the 3-day time-frame, there are two overhead lines of resistance at the 75-76 area, then one final psychological resistance at the 119 area. There is plenty of room...

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Overview : PERL/USDT has shown nearly a week's worth of consolidation and accumulation from its recent high of 0.07400. The accompanying decrease in volume during this consolidation suggests continuation. Analysis : PERL/USDT showing a continuation bias after 5 days of holding up the 0.06000 area successfully. The chart indicates the various areas of resistance...

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Overview : Band has continued its bullish development throughout the month of July. And just as most other low-to-mid cap altcoins, the competition for air in a house on fire with bitcoin remains intense. This is what I see in the charts: Analysis : As in all of my charts, the thickness of the support/resistance lines always indicates the work needed to get...

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I have had several requests to take a look at the SXP/USDT pair. Without having done more than a cursory review of the project, I would suggest this pair represents the epitome of when technical uncertainty meets fundamental exuberance regarding the future of the project. The past few days have highlighted the need for risk management, i.e. the altcoin v....

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The STPT/USDT pair on binance indicates very little resistance above, and very little support below. Due to the volatile nature of low-volume assets, traders should be diligent about a risk management strategy. Great rewards come with great risk. No need to bet the house on this one, but it might be one to keep an eye on. In terms of fundamentals, I'd like to...

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Overview : CTSI/USDT seems to have most of its work behind it. Successful breakout on the daily t/f. From this point, a successful retest of the 0.05730-0.0750 area would confirm. Analysis : Last line of resistance on the daily was the 0.0573 area. Breakout complete. The retest is underway, but may not fully form if the momentum remains strong and BTC holds up....

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BTC/USD is lying dormant. In the spirit of simplicity, this chart considers two features of the BTC/USD pair: 1. a parallel descending triangle showing a very weak pullback from the most recent break of 10k, and 2. an arrow below highlighting diminishing volume The weakness of the pullback from 10k becomes clearer once we isolate volume or RSI levels. The...

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KAVA/USDT has clearly broken above all prior resistance levels on the weekly and daily timeframes. In my view, if we continue to experience sideways action with a slightly bullish bias (largely due to positive traditional market sentiment, not BTC ), it would be unsurprising if KAVA experiences parabolic price action over the next couple of days as traders and...

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Here we see a clear breakout on the weekly time frame for TOMO/USDT. A close on this time frame above .62 would confirm the breakout. Additionally, the 3-day and daily charts both show a completed retest of the breakout line of resistance-turned-support. The similarities between this chart and the ERD/USDT chart should be very carefully noted on the weekly...

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The daily time frame shows COTI/USDT in a bullish channel. On the smaller time frames, we've seen a 15% pullback since testing the top of the breakout zone (see previous posting on this pair). My update depicts the upper limit of the breakout zone indicated by a thin, black, horizontal line. The pitchfork channel indicates continuation on the daily time frame....

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KAVA/USDT has clearly broken above all prior resistance levels on the weekly and daily timeframes. In my view, if we continue to experience sideways action with a slightly bullish bias (largely due to positive traditional market sentiment, not BTC), it would be unsurprising if KAVA experiences parabolic price action over the next couple of days as traders and...

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The daily shows a clear breakout to the upside for the STRAT/USDT pair. There is no prior resistance. Any close above 0.54 would confirm the breakout on the daily. As is the case for many alts right now, price discovery mode is in effect, and that tends to offer a bumpy ride (with an overall bullish trajectory). As always, keep an eye on BTC and other...

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Small cap coin pushing through the last bit of resistance. Due to the lack of time spent within the current price range, very little volume would push this one higher to new ATH and into new price discovery mode. On the other hand, a single well-heeled individual could stop this one dead in its tracks. As always, keep your good eye on BTC. The king clears the path...

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ERD/USDT is at a crossroads. The recent success of the project and the marketing to the large population of India seems to be paying off. Not an expert on the project, just came across the chart doing a little value hunting. This one looks like it's at a crossroads. Certainly at the higher RSI levels here. Should know pretty soon which direction this one is going....