2 out of 3 of my posts on ripple were accurate so lets make it 3/4. Market has been sideways for a few days but the price seems to be pushing up. There is some short term resistance right above us. Ideally we want to break through and bounce off of it establishing it as support. For now I will target the .5 and .618 fib levels. If bitcoin starts to crash then...
I am bullish on the mid to long term for ICX Let's see how it plays out on the short term
These charts are meant to map out support and resistance levels. While there are many other trend lines I could have drawn, I stick to the ones that seem most relevant. Make sure to check out my last bitcoin master chart! Pretty stoked on how accurate it was!! Linked below
I've redrawn the inverse head and shoulders. This is a more realistic set up. Showing possibilities of it going up or down. Keep in mind these are based on conditions.
Looking at the 1 hour chart trx appears to be oversold as well as showing bearish divergence. Ideally we need to see the rsi peak close lower than the previous peak. It is still too soon to confirm bearish divergence but I am still bias towards a short term dip over the next day or two. I think it will fall to roughly 897-917 before going back up . I will post an...
Selling seems to have cooled off Bullish divergence Use fib levels as a rough guide as to when to take profits
I normally don't care about chart patterns but today I do. I thought of the possibility of an inverse head and shoulders forming way back in march after the failed inverse head and shoulders that everyone was excited about. At the time I thought to myself what if we form another head and the previous right shoulder is now the current left shoulder. I drew it out...
Nano is currenlty sitting on a major support line. Because bitcoin rules the markets and effects all alt coins we will have to wait and see how this plays out. If bitcoin returns to slow and steady growth then alts will do good once again. If you look at the rsi you can see how it is making a higher lower whereas the price is making a lower low. This is bullish...
Ncash has been on a clear uptrend since mid March. In this analysis I am only using trend lines to figure out where the price will go. Currently we are being rejected by the trend line we just hit. I've drawn a dotted arrow to indicate that the price could retrace back to the bottom trend line. I don't think it will retrace however because we are forming a bull...
Ema's acting as support. About to see a nice uptrend
So far my two previous XRP posts have been accurate so let's make a third. Xrp has broken out of it's bull pennant following btc's spike. The 55 ema has got under the price which is a good supportive sign especially after a price squeeze. Good risk to reward ratio along with a potential 20'% profit. Tip: Never put all you money in at once. No matter how...
Uptrend Targets at 793 and 885 Short to medium term trade
Looking for bounce here at the floor Extended buy zone to incorporate the 200 ema 3 main resistance points If price can break the 55 ema above us then I'd say we will make a nice run
Like many other alt coins I think there is still a lot of room to grow. The 200 ema is below the price of almost all coins which is very bullish in my opinion. If bitcoin can continue to rally and confirm a bull market then we are going to see some explosive growth. For now let's focus on BLZ. We can see that it's follow a slow upwards trend. I believe it will...
I think we could see another nice run by power ledger. RSI going up Macd crossed the zero line 200 ema support Two targets set up for taking profit
Let's see how this one turns out Bounced off the trend line but I think it will retrace before going higher
This is the bitcoin chart I've been using to make all my trades. I update as needed I've hidden some of the less important trend lines due to little relevance at the moment and to make the chart cleaner. Must break that major trend line if we want a bull market. My last "master chart" was extremely accurate, unfortunately I had only posted it as a private idea.
Bearish divergence on 1 hour RSI It could bounce off the .5 fib level or the .618 .618 has stronger support however the rising trend line and .5 meet up, so we''ll see where is bounces Short the market then go long