DCR broke out of falling wedge now testing support which was previous resistance. Expecting a rise here around 0.012. Also a lots of good news coming out for DCR in the near future. Check twitter and news from Decred.
See chart for explanation. www.gartner.com Bitcoin rally could void the chart, but I am considering going in long with a large position here.
Cup and handle + 4hr inverse head and shoulder confirmation could see major gains for DCR.
After a nice breakout, STR has had trouble ascending further than its initial surge. Head and shoulders appear to win out here. Buy back on trend if bounce, else wait for further bounce on long term trend line.
Time to long DCR again for lift off approx 31st.
See chart.
ETCBTC 4h Ichimoku cloud showing support, and bullish pendant ending. Consolidation appears over, and I expect a good continuation of uptrend from here.
Good risk reward with all other alt coins pumping, DCRBTC has been left behind. I have drawn a bearish ABCD pattern, we are at C now, so expect this to rise from here. Will go long with tight stop.
Coinbase added Litecoin so it went up to the target zone much quicker than expected. Do we expect a retrace? I'm not sure...Sell the news? We will see, anything can happen.
RSI looks in good shape for another leg up in LTCBTC. If Bitcoin continues its decline, then we can see some good gains on this pair. It reached bottom of channel yesterday, and has bounced off here too, similar RSI pattern indicates elevation. Overlaying the ichimoku cloud also indicates a breakout on the 6h. Careful with any reverse with Bitcoin as could...
Buy back at around 0.014 ~ 0.015 for profit on next bounce off long term trend line.
XRP probably continue down trend if cannot break upwards.
Down trend appears broken, and MACD seems to be crossing near 0. Open long here.
This is how I see LTC panning out in the next few days. Unless we get some news from Coinbase or more miner manipulation, we can expect a rise from around 0.0088 to 0.009 as entry. Not sure about TP yet.
XMR has just ended a large ABCD pattern and has hit long term up trend line from last high.
See chart, huge cup and handle forming.
LTC looking to breakout here: This is probably a good time to long on LTC. Segwit announcement around the corner, Coinbase possible adoption. Positive sentiment coming back to the coin and a great / active development team.
Decision time for ETC/BTC, depends on volume and momentum. Sideways for last few days pushed into wedge.