Litecoin recently reached a low at just under $50 and is now hovering at $56. With this current sideways movement we are forming another bear flag. As you can see we have formed a series of bear flags. Based on a Fibonacci extension this bear flag would send price down to sub $50 and as low as $36.99. However not every bear flag produces a continuation of the...
Tron has been in a down trend since May. It's only a matter of time that we will see a breakout. We have major support at 217 if we continue in this downwards trend. Wait for a breakout and then wait for confirmation of an uptrend
Continue to buy in green zone Second time hitting bottom trend line
Macd histogram RSI very oversold Hammer candle Daily chart
The chart speaks for itself Every so often in a downwards channel price won't bounce as expected which happened in our last attempted fail. After that price typically continues down to the next bounce Wait for it to hit the bottom trend line and then buy Weekly chart; log scale
Bullish divergence on both the rsi and macd Aiming for at least the 470's Looking at a daily chart may take a while for price to increase.
Despite alts dropping into the abyss, I think there's been a lot of bullish sentiment around bitcoin. Starbucks is teaming with Microsoft to accept cryptocurrency in every location. This is huge for crypto. As you can see on the daily chart price bounced off the 50 ema. This provides support for a further move up which will be 9.4k - 10k Note the strong...
MACD on the weekly close to crossing RSI breaking the 50 level SAR indicator under price for the first time in 2018 Price above the 50 ema We are currently at an important turning point. Either we break higher from here or we go longer. Although not shown we are at the .618 fib level relative to the previous peak. All rally's in this bear market have reached the...
The chances of bitcoin breaking 7.8k are slim. Heavy resistance in this area. Yes it may go higher but I don't believe it will hold Pull back to 7.2k - 7.4 k Lowest 6.8k. It will be interesting if price is able to break and find support on the upper trend line For now we will retrace before an attempt back up. Taking caution on buying the dip
Iost is in this large falling wedge. It's only a matter of time until we see a break out. There's two targets. The first target assumes a continuation of a bear market while the second target is cryptocurrency as whole rebounding into a bull market. MACD showing bullish divergence As of right now price was rejected by the 21 ema on the daily chart but my bias...
Contrary to my other post on litecoin, the daily chart candle is holding at 50 WMA. 3 targets. Target either the trend line or the 200 WMA Strong resistance at $111
Good opportunity to buy before going higher Ladder your buys
Smaller time frames are suggesting a pull back Hit our trend line from previous post linked below Price could pull back to MA's before making another move up I will post a target update soon