As suggested, the BTC price hit the multitude of trend lines and support channels and bounced predictably (Note I've altered the lines now slightly for this new analysis compared to the last). There is still a risk that it is in a bearish rising wedge (both short-term (few days) and medium-term) so I won't be fully comfortable until it starts heading back up the...
BTC medium-term pattern is looking not dissimilar to many current short-term alt patterns! On the potential positive side, the price, although falling, is following the downward trend-line and for the time-being is using this as support. If it continues to act like the alts, then where this trend meets the upward trend, we would hope for a future upward...
BQX - bullish falling wedge looking for MACD cross to confirm along with increased volume. Watch for breakout over the wedge.
Simple Token, chart in its early stages, one to watch.
Two inverse head and shoulders set ups on POWR - the first almost failed but then formed the second and broke out. The price has gone past its smaller H&S breakout target and is now aiming towards its old high at around 118. There may be some resistance at the 23.6 fib to get past first. RSI is high but not showing any divergence, and MACD looks good.
BTC has broken back into its old channel. Watch it and watch your alts!
Looking for MACD crossover on the 4 hour and a bit more of a bollinger band squeeze. Keep an eye on the 1 hour for any sudden change. Targets 625 and 1160 if volume stays up.
BURST is hitting a critical point. The Bollinger bands are just coming inside on the 4 hour chart, although have a little further to go on the day chart. MACD has crossed over but RSI is on a slight downturn because of the most recent red candle. Further on the plus side support seems strong at the horizontal blue line and at trendline. Watch for a breakout but...
BTC broke the downward channel, let's hope it holds!
BTC Update for yesterday - Korea and Japan pretty much bounced off support (although I think its quite weak for these exchanges). USD exchanges bounced off the descending trendline having broken support and upward trend. It appeared the finex bots kicked back in after it went below 12 and rescued it. On the 15min it is showing EMAs at buy but not on any higher...
Think this one is pretty self explanatory. Bollinger bands squeezing inside Keltner Channels on the 4 hour. Upcoming airdrop of United Bitcoin on 3rd January., 1 per 100 QTUM.
DASH-BTC is coming down to its usual bounce point following both the trend shown along the bottom of the pitchfork and also potentially having now found support at the 23.6% fib line. Stochastics and RSI are low however may drop a little further. EMA has just crossed long over short so expect to see a small dip followed by a recross indicating recommencement of...
NXT broke its short term upper trend line and raced off towards the longer term fib just exceeding 38% and touching the Ichimoku cloud. At this point it has performed a double top and is now retracing as expected, having just passed the short term fib 23% mark, and heading towards the bottom of the Bollinger bands. Watch whether it bounces on the short term...
Something slightly odd happened with the chart scale on my previous analysis so I'm reposting this with an update from the last couple of hours. NXT broke its short term upper trend line and raced off towards the longer term fib just exceeding 38% and touching the Ichimoku cloud . At this point it has performed a double top and has retraced bouncing off the...
It's been a while since I looked at Lisk and it gave me some good gains, but didn't quite manage to reach its previous highs mainly due to a weak conference outcome from what I gather. Now, it's back down near it's long term trend line and worth watching for the bounce. Short term EMA is still below long term EMA, watch for them coming together and crossing.
Looking now for a breakout from a bull pennant formed after the completion of the Head and Shoulders movement. Previous analysis updated.