We can see $BTC has finally woken up and no where is it more evidently bullish than if we look at the one week chart. I find that the circled areas are mirroring and even below the circles are mirrored. Some look for patterns in the chaos, are we seeing past action predicting the future movement? We are seeing many weeks of the same movement as we saw before. If...
Looking like a retest of support and then OMG can take off. First stop is going above MA50 / 200 EMA and then hitting the fib levels. We've already had 2 touches to resistance and 2 to support. One more to break resistance and we should be seeing some nice increases come August if BTC pushes up as well.
ChainLink is just about done with it's handle correction for its completed cup and handle. Ichimoku 1D Clouds could be the play along with a symmetrical push from its past performance. People have pointed out the 4chan shilling of this coin to me, but I am looking at the technical analysis here.
Like many coins being pushed around by BTC FUD and FOMO (but mostly FUD), Cardano has been sliding continuously down the Falling Wedge. This has many in crypto salivating at the prospect of a true bull bounce up from it's end. Do we see it here? Could be, as the last 'V' bounce was quite energetic. Look for the bigger breakout and hold on to your hat! First...
$QSP made a wonky ladle/cup in 2017 and after the high it had in mid January, proceeded to work on its falling wedge handle. We see this pattern in so many altcoins right now and it's no surprise they are similar. King BTC drags all coins with it. So what can happen here? Well we all know by now that BTC will decide and BTC is showing signs of bullishness...
$SHIFT has been playing a downward falling wedge handle for the wonky cup it finished. We hope to see a nice bull run when it finally breaks the wedge. We might see a bounce down and then up at the ichimoku cloud
$ARN has been in a holding pattern for quite a while since their all time high in early January 2018. The triangle it's been forming seems to be coming to a head with some indicators still floating around the over sold regions and a looming cloud. The green arrows represent the two possible bull scenarios. The second may take 2-3 weeks more for it to take off and...
Like so many coins we have been tracking, $ICX has had a nice correction from its .0009202 ath and has been making a falling wedge pattern since the end of January. We see some signs of life with the falling wedge breakout and curling up. Perhaps it will finish the cup, get rejected at the clouds where it will form it's handle. What form will that handle take...
Many see $ADA as a solid blockchain that should be competing with the likes of $ETH. Price wise it has seen better days and if you held Cardano throughout this long bear action, then the constant downward action could not have made you a happy boy or a girl. Short of another $BTC FUD dump dive, ADA is showing signs of a reversal. The falling wedge completion and...
Aragon's handle for its lower cup is almost complete and is seen as a falling wedge which is a common pattern for handles to take. We can garner an idea of where the action will pop up from the fib levels, but after the falling wedge is complete it should go bull and pop up to work on the greater cup
VIBE recently was added to Binanace and truly has been enjoying making cup after cup on the small time frames. It has been dropping these little fractal cups while expanding the bullish falling wedge pattern which I expect when it is finally done with that, the action can begin. If it is the cups as I am projecting, then we should see up the cup become the norm...
So many altcoins are working on their cup and handles and some are just not there yet, like STORJ. We can postulate what the play might be with pattern recognition in other coins and their movements. I see a lot of coins making handles that are falling wedges within smaller cup and handles. $STORJ might be a coin for websites, but it can also boost your...
$CTR has been steadily working it's cup and handle pattern and in fact is working on the handle for it's inner cup as we see in so many coins with this pattern. the Elliot wave pattern confirms it's time to move up again after this handle. Looks like they have a wallet update coming today so I expect a little more buzz around it and a pop to continue the pattern.
$lINK is dutifully working on the handle and we should see a nice pop up once it's done with that bullish falling pattern. Chain Link does like its cups...
Music's wallet should be released by the end of the month and that catalyst could be what sets $MUSIC coin over the top. The cup and handle and ladle fractal are strong in this coin's DNA and we can see from the past how it loves those big pushes up. It's currently working on a small one within the greater cup and I've plotted the Elliot Wave 1-5 pattern to a...
Pattern recognition is a key to cracking the DNA of certain coins. Here we see that $2Give really loves its cups. After a really long falling wedge which as it should, broke up, we see the bullish cup/ladels on it's way up. We are in a little correction here which is the handle for the greater cup and dreams are made of these kind of breakouts. To give you a...
Fractals can mean everything when you look at a coin's DNA. Here we see Gridcoin like to cup and explode only to wick and come right back down. Well it sure looks like it's ready for another push! Using Fibonacci levels and Gann Fan angles, we can plot a likely scenario.
First Coin is working on it's first inner cup of 3 cups. Note the 3 Drive pattern we have seen in so many coins before they took off. We're midway up it already. Expect huge leaps up from here!