SpektreSignal

SpektreSignal

Price has been moving down this descending channel and respecting it, as well as, the fibonacci levels as price declination occurs. Stochastic RSI bounced and looks to be forming a double top. RVI is currently in a double bottom formation. Those two indicators in combination with the dragonfly doji may be signalling another bounce to the .236 fibonacci line....

SpektreSignal

There are potential tweezer bottoms forming on the candles which could signal a small reversal of trend. This price action is further reinforced by the falling wedge pattern being formed. However, ADA has some strong resistance to overcome at the top of the wedge both in the form of psychological resistance as well as the .5 fibonacci level. There's a small...

SpektreSignal

Right now the price as seen by the current candle on the daily chart. Expresses lots of trader indecision as to where the price is going next. The bulls are buying it up at about 13.70-13.90 and the bears are selling it back at the 14.20-14.50 price levels. ADX is still bullish and the Stochastic RSI and TRIX are in overbought territory with no new buy...

SpektreSignal

There's quite a bit to cover here in regards to this analysis. To start we'll cover the indicators. The Stochastic RSI cooled down, had a bull cross, and is in full movement again. As high as the TRIX may be it just had a buy signal. Kumo, Kijun, and Tenkan are all acting as support. Furthermore, the Kumo has been bearish this whole run and just recently...

SpektreSignal

Our LTC chart is quite similar to the signals we saw on our BTC price analysis in that we have the price moving down an ascending channel that has respected the .236 fib level very nicely. We can see that only 1 candle over the past 6 days was able to go below that level and it was immediately bought back up. Additionally we see the Stochastic is in bullish...

SpektreSignal

After our last sell of we saw the price move through a well respected descending channel. Judging by the bullish movement on the Stochastic RSI. The bull cross on the TRIX As well as the bullish curls on the directional indicators To me says we could see a possible fib extension to the 0.382 level or ~7459 near the bottom of the Kumo. Although the Kijun and...

SpektreSignal

The price is consolidating through a descending channel. Kumo is wide, kijun, tenkan, are acting as resistance and have been moving sideways. ADX confirms the strength of this downtrend is strong and the width of the DIs indicate that it has possible room to go. Stochastic had and TRIX are very oversold but do not look as if they will be have any strong bull...

SpektreSignal

Right now the price is moving down a bearish channel yet has been respecting the bottom trend line as well. The kumo is sitting between the 0.382 and 0.5 fib levels acting as resistance. Kijun and Tenkan are also acting as resistance and their horiztonal movement tells us the market is accumulating. The stochastic had a bull cross that looks to be a failed...

SpektreSignal

Waves has quite a few strong buy signals on it currently. There are bull crosses on the Stochastic RSI as well as the TRIX. Directional indicators on the ADX are moving inward. That is another bullish sign. Additionally the past few daily candles have closed with wicks on the bottom which tells us that despite the selling pressure there were more people...

SpektreSignal

In the descending channel the price is in it looks as if the price has respected the .236 fib level quite well. The stochastic RSI and the RVI have both reached good levels of support and a bull cross in the short term could mean some upwards price action within the channels plotted boundaries. Although, I do not think the stochastic RSI will break previous...

SpektreSignal

NEO has recently had lots of buying pressure sold off and has formed a nice falling wedge. There is a small bull cross on the stochastic RSI and a double bottom that is taking place on the RVI. This leads me to believe we'll see some short term buying happen quite soon. However, I do not think there will be room for much upwards price action due to the Kijun...

SpektreSignal

Right now BCH is making a bull flag. We see the kijun racing down to meet price and should be making support over the next few days. Kumo is acting as very weak resistance at the moment. Stochastic RSI / RVI / TRIX are all moving in a downward trajectory. This would confirm bearish movement down to the plotted price trajectory at the .236 fib line.

SpektreSignal

TRX is forming a falling wedge after some selling off the price tested the bottom of the kumo and has shown it is currently acting as support. This is witnessed by the wick on the daily candle. The stochastic RSI as well as the RVI may be forming double bottoms. TRIX further confirms that these are heavily oversold conditions and although there hasn't been a...

SpektreSignal

Right now the price is precariously balanced on the .236 fib. It's last line of strong support before a large potential fall. Both the tenkan and kijun are working as resistance. The stochastic RSI is tightening and nearing past support. DIs are curling in a bearish direction and the ADX indicates the trend isn't very strong at the moment. But selling pressure...

SpektreSignal

The price is in a falling wedge that is taking place in a bull pennant. We see the Kijun and Tenkan are above the price although they are moving horizontally. Signalling a potential loss of momentum in the downtrend. The Kumo is acting as well defined support with the .5 Fibonacci level. MACD is forming a bearish fan. If a bounce occurs from Senkou B then...

SpektreSignal

At the moment the price is making a falling wedge in the overall bull flag taking place. Most of our indicators are bearish despite the bullish chart pattern. Stochastic RSI is falling to past support The DIs on the ADX are bearish and the downtrend is losing steam. Confirmation can be seen by the wicks happening on the way down. However, we can see that...

SpektreSignal

NEO is forming a bearish channel / falling wedge. Kijun is falling to meet price and our tenkan in ranging which tells us in the short term thing have cooled down. This is confirmed by wicks on the past few daily candles. It signals that the bulls are waiting to buy. They're just seeing how low the price goes first. Stochastic RSI is nearing historical...

SpektreSignal

Yellow = Buy Green = Sell Targets Red = Stop Loss Bull Cross on the Stochastic RSI Chikou upcrossing the price Kijun and Kumo acting as support. TRIX is bullish as well Bullish movement confirmed on the daily chart.