From this chart, you can clearly tell that BNB and BTC have been inverse of each other so far. In Section 1, Bitcoin started to pull back after making a high of around $20,000 or so. This was the beginning of the Bitcoin bear market. At the same time, BNB started it's massive bull market. In Section 2, Bitcoin dragged the entire cryptocurrency market down with...
Ethereum broke out of it's falling wedge, tested the side of the wedge, found support and then continued to break out strong. So far this set up looks really nice for ETHUSD, the green box is my target area for taking profits and fib levels will serve as levels eth will catch resistance and support on, on it's way to $670-$690 .
BAT back at the bottom of the ascending triangle, also exactly on the 786 fib retracement and showing bullish divergence so let's wait and see if it bounces then I would enter. This is a Coinbase coin, so take that into consideration, it's a bullish indicator.
moon soon Am I crazy to think this will not occur like it has twice before?
ADA is in a falling wedge, with bullish divergence. It's right on top of a long term support level and getting a cross on wavetrend.
ZRX showing a morning star bullish reversal right on the bottom of the channel from beginning of July. It also bounced right off of where the point of control is. Looking like a strong bounce but I will keep my stop loss right under 14,000 sats or so just in case :) The potential profit I am looking for this next run for ZRX is 30-60%
Possible zones for ONT to bottom at are here at 45 or down around 35
NEBL is set up nicely, given bitcoin does not start to dump below $6000. On the 4 hour chart it is exiting the oversold region and looking fairly bullish with a lot of bullish divergence yet to play out. Having caught support at the same level as the previous dip a few weeks back, this could be forming a nice bottom for NEBL and the Risk to Reward ratio is...
ONT is possibly forming a bottom, there is a lot of support in this area though the volume has still not returned which is worrying. ONT needs to first break and hold above 0.00059. On the 4hr and 8hr the MACD is crossing bullish. On the 4hr the Wavetrend is finally coming out of oversold territory where it was since the beginning of July. The 8hr is still...