btcbob

btcbob

IOTA is in a very interesting position with a lot of potential to make big climbs upwards. I made a simple analysis on the 15 min. chart to find out what the next step is for IOTA in the short term. I think it is likely the uptrend will go on if IOTA can manage to close above the support.

btcbob

Just some possibilities on ADA the coming few hours. If the 4h candle closes above the support line i see a good possibility of breaking trough the resistance in short term. I'm pretty optimistic at the moment.

btcbob

Just my idea of some possible outcomes of XLM. I would be comfortable buying XLM if the candle closes above the first support level.

btcbob

Untill now all my previous predictions on bitcoin where correct. I predicted the inverse h&s, the fall down to 9200 before turning back up to form the right shoulder and the break out of the down channel. The next thing i'm going to predict is that bitcoin will surpass the resistance of 12k within the next week, touch the resistance at 13k, test the 12k level as a...

btcbob

At the beginning of this day bitcoin has officially broke out of the downchannel and still is. There is a major support around the 9500 level and the down channel will cross that support around the 7th of march. If bitcoin is able to stay above the down channel till then, it is very unlikely that we'll fall back into it because the major support will hold us above...

btcbob

In my previous posts on Reddcoin i said it is about to break out to the upside. Atm Reddcoin is consolidating a little bit and i think this will continue for the coming few days. It could go down a little more but i don't believe it will break the green dotted support lines on the downside. When Reddcoin breaks the red dotted resistance of 0.01 level and closes...

btcbob

Today is a very good day for bitcoin and it will only get better. As i said in my earlier posts bitcoin is completing its right shoulder of the inverse h&s pattern and is now close to breaking the downtrend channel that has dominated the market since late december. As you can see on my chart there is still a major resistance at 12k but that is also the area where...

btcbob

TronTRX is currently at a very interesting level just below the strong resistance of 0.043. If TronTRX is able to break above the 0.043 resistance level and close, we could see a very strong run to the upside. Although we are still in a long term downtrend channel i don't believe the support of 0.040 will be broken because of the recovering market and fiat money...

btcbob

If stellar lumens breaks the red dotted resistance of 0.37 i think the next logical stop will be around the 0.43 level because that is where the next big resistance will be. I would say a close above 0.37 level is a great buy signal and i suggest taking profit at 0.42 is a very safe trade. Set a stop loss at 0.367 to minimize losses.

btcbob

Just like with bitcoin i said a few days earlier in the same chart that Monero would possibly pull down a little bit more to form the right shoulder of the inverse h&s pattern and at the moment of making this post everything seems to play out well. I do now claim we are out of the bear market yet but if monero continues its way up we could see it break 325...

btcbob Updated 

A few days ago i posted the same chart and said bitcoin would bounce back to 9200 level to complete the right shoulder of the inverse h&s pattern and bounce back. Well i don't want to party too early but till now everything is going exactly like planned. I'm still pretty sure bitcoin will find the strength now to cross the 12k heavy resistance and test that level...

btcbob

Reddcoin is showing real strength the last few days with today as one of the few in the green in the top 100. Reddcoin is currently in a very strong uptrend channel and will likely test the strong 0.012 resistance level again in the coming days. If Reddcoin is able to break the 0.012 resistance it is likely that we'll test that level as a support a few times...

btcbob

Bitcoin is still looking very bullish in my opinion and is still forming its right shoulder of the inverse h&s as you can see in my previous post about Bitcoin. There is a strong support between the 9200 and 9500 levels and i'm pretty sure it will bounce off there and will head for 12k.

btcbob

As you can see on this chart Monero is currently forming a inverse h&s pattern and will likely test the $325 resistance again. If Monero is able to break the $325 resistance we will probably test that level as a support a few times before testing the $360 resistance level.

btcbob

Ethereum is showing a similar inverse h&s pattern as bitcoin ( see my chart on bitcoin ). If ETH is able to stay inside the bullish channel and complete its right shoulder we can see ethereum break the major resistance of +- $950, break out of the strong downtrend channel and increase the bullish momentum. From there we will test the current resistance at +- $950...

btcbob

At this moment bitcoin is nicely forming it's right shoulder of the inverse h&s pattern and is taking it slowly. If bitcoin is able to complete the right shoulder and i think it will then we could finally see bitcoin passing the 12k resistance and reach for higher positions, although i think we will be testing 12k as a support a few times before we can really...

btcbob

As you can see reddcoin completed it's marketcycle and is ready to take off and rise to new heights soon if the market will remain healthy.

btcbob

IF bitcoin is able to stay in the recent uptrend channel it will breakout of the major downtrend channel within a few days and we will see a big rally upwards. Enjoy the show.