ZIL - Potential scalp opportunity channel for up to 7% trades while it holds. Stop loss right below as always! Also a longer term opportunity with strong fundamentals being back on trend line and rebounded from the 78.6% fib.
Charting this on Bittrex due to the availability of price history but Stratis is also available on Binance. The daily chart shows movement back to the long term price support level at around 36k. While the upper trendline is a little wicky and therefore tentatively placed, the price is starting to tighten between this and the support level. Strong bullish...
BNB has falling back to its longer term trend line and also the 61.8% fib of the retracement of the more recent up move. On the 4 hour price is right underneath the cloud but it is relatively thin therefore not likely to carry a great deal of resistance. EMAs are in rally mode and looking for a cross, as are the Tenkan and Kijun-sen. MACD and Stoch RSI are...
Like many coins VIB showed some bullish divergence a few days ago and had a small rally to its resistance falling trend line. Price fell back to the 78.6% fib and has found support here. Substantial volume can be seen leading up to the 14th, however this has fallen off dramatically over the weekend - this hopefully shows limited interest in selling the price...
The "maybe" Coinbase news helped push XLM further out if its falling wedge, although it had been showing substantial bullish divergence on the daily prior to that point anyway. There is still strong resistance at this level from it being a prior support point and the 50% fib, and there is a second upcoming diagonal resistance imminent. On the daily chart we are...
Popped up on my volume radar with a 2-3x increase over the last few days. Lists on OKEX, Bitfinex and HITBTC (the majority of the volume being on OKEX). There was an Adam and Eve bottom followed by a rally at the end of June hitting previous resistance and the trendline - possibly wave 1 of an Elliott sequence. The June rally subsequently landed on the 61.8%...
NEO - Another possible buy point. Broke the wedge shown in my previous analysis and corrected back to the 78.6% fib. A new wedge has been formed as well as a possible triangle support, making this another decent buy point. Indicators are positioned well having shown bullish divergence a couple of days ago. You can see here the Bollinger Bands (2 st.dev in blue...
Day chart shows ARN has settled twice on the 88% fib and appears to have formed support there. This has popped onto my radar due to the large amount of traded volume - while being aware that coins can be subject to volume manipulation, given the the large rallies ARN has had in the past, and the incoming trendline/support squeeze it is worth noting. Presuming a...
Everything written on the chart!
This idea is very tentative since we aren't seeing any positive price movement so far, and also due to BTC's current decline. However NEO holders have an upcoming airdrop of NNS tokens with a snapshot due on the 27th June - typically this would have already seen a price rally, hence the tentativeness of this idea! But it is on my watchlist regardless. The day...
Day chart showing a large amount of bullish divergence on the RSI (reflected in the CMF and MFI), however take note that the price has dipped slightly below the binance opening low now, so support has diminished at this level. The ADX is still showing a strong downtrend but has now turned over - i.e. it is weakening. The downtrend can also be seen to be tapering...
BTC - 30 min RSI (8) strategy holding up well and I've made a few successful trades off the trendline breaks (both up and down) in the last few days. Looking increasingly like an ascending triangle on the short term with either the median of the pitchfork or a lower steeper diagonal making up the base, and the horizontal running just above the 38.2%...
BTC - some observations for your amusement... Bearish channel - two 150% extensions followed by two 230% extensions. (purple) Over-extended ABCD - symmetrical. Bullish Optimistic anti-butterfly! Pessimistically continue three drives down in a new channel Triple bottom confirmed on breaking trend at E Or a short-term bearish Anti-Gartley or...
BTC - as soon as I changed from channels to pitchfork BTC decided to revert to the original pattern. So we're back on my first channel having taken out the square up I had at 7485. Incidentally, this happens to be the 1.414 of the pitchfork too. Oversold and hidden divergence on most timeframes but I'm still watching for the confirmation in the candles (although...
Nice opportunity if this trend line holds, better opportunity if it fails and you get a buy at 10k! See what happens at the apex of the triangle.
Music is dirt cheap and on support. Recent updates show their roadmap and ambition in the independent music space - medium.com With bittrex making a comeback these low volume coins may pick up. Great opportunities to buy cheap are everywhere you look.
Opportunity for 3-7x back to previous highs and ATH. Looking at 15k as first target with likely strong resistance. Improved volume through April and May tells me this could make a comeback. A spiky coin, could be a PnD target so take care!
CMT has bottomed out on the RSI at a confluence of fib, previous support and trendline. A bullish engulfing candle looks possible to complete on the 4 hour, hoping for a strong bounce.