SpektreSignal

SpektreSignal

Instead of updating old charts we prefer to re-do them so as not to introduce any past bias that the previous chart may or may not have. This is not a signal. Yellow is past psychological resistance levels. This is only an analysis of the price movement as we see it currently. Volume is decreasing the price could fall back into the kumo. Kijun and Tenkan are...

SpektreSignal

After forming some tweezer bottoms (yellow box) price gained upward momentum and entered a short term bullish channel. If the price stabilizes in the center of the kumo (above the ~.5 fib) with a future break of the uppermost trend line this could cause a large run. That trend line follows back to the January ATH. However, a few thing would need to happen. A...

SpektreSignal

CDT has been moving upward through a rising wedge. These patterns can be continuation or reversal patterns. Taking into consideration the bear cross on the stochastic RSI and the fact that the price is sitting in a wide bearish kumo with future price volatility not decreasing by very much. The Kijun and Tenkan San are both acting as support but have begun to...

SpektreSignal

Current price action looks to be forming a bull pennant on the daily chart. The past two daily candles closed forming tweezer tops signalling a reversal this is confirmed by the Stochastic RSI which just underwent a bearish cross in the overbought region. The kumo as well as the Kijun, and Tenkan sen are all acting as supported this is further reinforced by...

SpektreSignal

Price has been pulling back from the past run and moving down a bear channel. The wicks sliding down the bottom of the channel signals strong psychological buy power waiting on the sidelines. They moved in after the memorial day weekend ended. Pushing price from ~7k-7.5k Our previous daily candle closed bearish but we can see by the wick the there was still...

SpektreSignal

Price has formed a very nice looking bull flag on the 1D. In the yellow box we see strong reversal candles. Not quite tweezer bottoms but close enough. The bulls moved in as soon as the daily bear candles closed and began buying it up over the past 4 days. Double bottom and a bear cross seen on the stochastic is a great bullish signal however the TRIX and MACD...

SpektreSignal

After it's previous run XRP has been skimming nicely along the bottom of the Kumo. Chart formation is a bear flag / ascending triangle. This can be reversal or continuation patterns. Judging by past price support from psychological levels in combination with the Kijun recently moving in to act as support we believe the price should break to the upside before...

SpektreSignal

Price is moving up an ascending channel and the Kijun Sen has formed support under the price this support is confirmed by the bullish twist on the Kumo, and the flatline seen on the Tenkan indicating the downward momentum is losing inertia. Stochastic is showing this is heavily oversold.

SpektreSignal

Bollinger bands squeezed Strong buying pressure when price drops near 5k. RVI trending up and consolidating. Volume has been in steady decline.

SpektreSignal

Stochastic and ADX are bearish. DIs are pinched. TRIX falling with no bullish action indicated. Price is still forming a flag and will most likely find support between the .382 and .5 fib levels.

SpektreSignal

Kumo is very vide Kijkun is chasing the price down indicating the heavy downward momentum. Stochastic, TRIX, and the ADX all very bearish. Furthermore the bearish fluctiation on the DI- in combination with the stochastic tell us that BTG is continuing down and will most likely break into new lows.

SpektreSignal

ONT price is falling down the bollinger bands after testing the top of the flag formation taking place and failing. TRIX signalling a sell as the signal line fell below the TRIX.

SpektreSignal

Price is falling out of the bottom band and most likely will free fall to the .382 fib level. The bull cross on the stochastic RSI met resistance and was denied at the 26 point mark. MACD confirmed the rejection as selling continues.

SpektreSignal

Stochastic RSI has a great double bottom forming on it showing heavily oversold conditions. This is confirmed by the Bollinger Bands. The price has been riding the bottom band we should expect a Bollinger Bounce to happen near the strong psychological levels at the .236 fib area. DIs are bearish and the downtrend is mildly strong. Watch for wicks on the next...

SpektreSignal

Price is forming a falling wedge/ in a descending channel. The tenkan and kijun are above the price and there is bearish curling happening on the DI-. Based on the stochastic we should see psychological levels maintain around 11k. However if the break there isn't much support until 10k.

SpektreSignal

Fractals happening here. You can see the price forming and completing cups and handles. Every time this price action takes place 1) Chikou down crosses price after a heavy bull run 2) Kumo always turns bullish before a sharp bearish twist 3) Senkou Span A is in steep decline prior to the twist as evidenced on the current cloud. Fibonnacci shows the repeating...

SpektreSignal Updated 

StochasticRSI bounced off the plotted ceiling. May have support on the way back down in the 40~ pt area. Double top on RVI Price is forming a wedge/channel downwards. However, it has strong psychological support between the .236 and .382 fib levels. I would watch for a topside break of the wedge and buy near the bottom if other indicators support it at that time.

SpektreSignal

Currently, ADA is forming a cup and handle. Stochastic RSI is showing a triple bottom with a recent bull cross. RVI has been consolidating and becoming less volatile. This accumulation is being confirmed by Kijun and Tenkan. The DI- has begun curling inwards but it's not bullish yet. ADX signalling the trend on the daily candle is of medium strength. A...