~Just getting this chart out for a friend. ~Wedge broken out into uptrend from a bigger formed descending triangle, small pullback due because of the rsi value- this will line up with the EMA's and support trend line. Risk and reward of 2.1, so not the best in terms of gains. Area of resistance noted, a good place for potential TP. This is NOT a buy OR a sell...
Potential textbook breakout could occur, watch for breakout and act appropriately. Things to note about this chart, EMA's confirm the pattern- the price action is nice, it is nicely squeezed too. This isn't an immediate buy, as alt breakouts are rare this could not breakout and hit the bottom of the wedge and then breakout either way. (the second target) Tread...
Conclusion: Unless we break above the channels and EMA's I think the downside is continued towards the 6k. If you liked this short post, be sure to follow and like . It really helps out :D ~Xander
Patience wins. Signs FOR reversal~ We have showed signs of support and slightly more buying action with this current candle, and the selling volume really died off on this candle after a strengthening selling trend. XANDER USES BOLLINGERS? Yes, I look at them occasionally. They look to be turning in for a squeeze, and we are right at the bottom. Market bottom...
All notes on chart. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose. If you liked this short post, be sure to follow and like . It really helps out :D ~Xander
Chance to break support given volume on the sell off if it picks up. Notes are on screen on the 4H.
Just a quick short opportunity. No firm break and hold over the 9.3k makes me think it's not all upwards from here. Neutral candlestick on the 4hour, slightly bearish on the 1hour. Wave Trend Oscillator- Turning on 1 hour, not fully established wave on 4h. RSI- Points down on both towards line of support. Volume- Selling volume strong on the 1hour for the...
Just an updated chart for everyone who is curious Volume not looking incredibly bullish. Rsi not at the resistance just yet, but there is a tiny amount of space to go, where we will see whether to go long or go short. This is a good candle pattern. Wave-trend has turned to face upwards. ADX is saying there is a trend occurring very strongly, but our DI- is...
Moral, mental and physical support is all here to give a helping hand. BUT HOW MUCH OF A HAND? BTC has one more strong safety net before another potential fall- however we are here to analyse the speed that BTC is falling at, and whether the support is strong enough to create a reversal for the coin to continue the prior growth we were seeing. Supports and...
Monero. Naughty ascending triangle really strong formation occurring, obeying top of triangle V nicely. Supports and resistances everywhere as great safety nets. Facts Wave trend ~Looking to turn. RSI ~Looking to bounce off resistance and hit support. ADX + DI ~Looking to trend up generally and confirm a trend on the DI+. BTC ~Bullish movement could...
Hello there! Welcome to my wonderful, joyful and completely extravagant NCASH run-down. Bare in mind I am going purely off the TA here, probabilities are skewed due to limited data on the chart and the initial sell off occurring on the listing buy in. From now on I will always mention the fundamentals in the paragraph before indicators. There are a couple of...
"Look at this graph, every time I do it makes me graph" ~Nickelback Where are we heading?! Nickelback has the answers. Look at this graph Every time I do it makes me graph Every time I do it makes me (graph) Lines everywhere! So many supports and resistances in play when we take into account all these different price levels we have been stopping and turning...
Hello! Here we will be looking at if you should buy ETC today in it's current position. I have been watching this chart up to the lead up to the fork, and today Edward Morra made a signal for it- so I thought I would also give my 2 cents on it. There is a chance we can bounce off the lower channel trend support and trend to the resistance of the channel, so we...
Will keep this nice and short as I have things to do~ 1 DAY TF Due to cross resistance, MA and EMA with a strong candle. Nearly retraced 100% of our original move, only worry is RSI is high but this could spur a breakout. I think there is a higher probability of an upside than a downside, watch for TRUE confirmation. I'm not a financial adviser and nothing...
Potential breakout here. 1 DAY TF Fundamentals 1/2 Resistances overcome, just got the 0.5 FIBLINE resistance to tackle now. Ascending Triangle A good ascending triangle is a nice indicator that we could go into a solid uptrend. MA Just above the MA, but has flattened out, this indicates we could go either way.. Volume We need more volume. ~~~~~ 4H...
Yummy. I will keep this analysis nice and short. 1D TF Resistance~ Looking to break resistance on this strong upwards move. Retracement~ Looking to retrace and change direction of price movement. MA~ Potential Bullish cross on the MA. 4H TF C&H~ Tasty cup and handle formation. Trend indicators~ All in good positions for upwards movement. TP At...
Hey hey hey, I'm finally back with a bitcoin TA! (rhyming game strong) Lets get roight into the action. BTC/USD 1 Day TF (left) Fib Retracement~ Could bounce off the 9.3k fib line and retest the fib line above with a potential chance to break. MA Cross~ Bearish cross could lead to downtrend, could break this fib line and head to one of the given...
Stellar Lumens is basically a trampoline factory at this point. Bouncy. BOING BOING Some good indicators here why we could be seeing a rather cheeky bounce from XLM. The Facts Doji ~The current candlestick can indicate a potential reversal or change of pattern. Fundamentals ~Our supports look like it could hold this level, however it hasn't been...