If btc keeps falling I'm expecting a fall down to the circled area. There are a few supports that could trigger the bounce, but hoping I can at least catch a wick on the yellow dotted horizontal line or close to it, probably around an intersection of supports. I'll just watch and see what it does. It looks like we just confirmed a resistance and about to have a...
BTC has completed an inverse head and shoulder much like was seen at the end of Feb/Early Mar. Boundaries of resistance and support are marked with solid red lines. Stop loss set below shoulder. Marked long position is measured from head to neckline. Price is expected to hit 71k range. **Disclaimer: This is not financial advice as I am not a professional. This is...
I'm seeing a similar pattern to the last big push and consolidation. If it repeats the same we are about to have a big pump. RSI similarities as well. We have been pinging off the same spot that has resulted in the previous pumps. A stop loss below the yellow dotted would probably be a good idea. A lot is unpredictable currently with everything in turmoil...
XLM has broken previous high. Expected to attempt to test blue resistance again around $1.20 range. Stop loss below previous high marked on chart. Disclaimer: This is not financial advice as I am not a professional. Trade at your own risk! Happy Trading.
TRX has been riding the green support marked. A break below it would be a sell signal to try to buy back at next support marked. We are currently still above the previous indicated channels (May have to zoom out to see bigger picture). If price holds green support I'd expect price to hit to resistance line around $0.19 before a potential bigger pullback.
ADA/USD is approaching the end of a pattern. Buying at bottom of support with a tight stop loss or for a safer bet buy at confirmation of breakout. We should see a larger move very soon. If breaks up my target is marked around the $5 area. Disclaimer: This is not financial advice as I am not a professional. Trade at your own risk. Happy Trading!
Currently we just broke above the channel we have been in since around Feb of this year after what looks pretty cup and handle like to me. If we hold top of channel we will probably see a new channel form. Some of you may have seen the large spike today. If you aren't aware of what the coin is all about you should take a look into it. I was fortunate enough to...
SC has completed a head and shoulder pattern. This is a measured 27% drop to the horizontal red dotted support. Invalidated if price doesn't drop below neckline or if price breaks above right shoulder. Potential incoming cross of 55/200 EMA on 4H chart. That being said, we aren't terribly far from the bottom of the channel we have been in on this uptrend. We...
LTC has broken the median of the first channel reference on old chart below. It has also broken above purple resistance. Price expected to hit median of larger channel around previous ATH and likely experience a pull back. Long term target is still top of main channel. **Disclaimer: I am not a professional. This is not financial advice. Trade at your own risk. I...
TRX has broken the median of the channel. Target upper trend line around $0.10. Also bullish MACD cross on daily. Disclaimer: I am not a professional trade at your own risk. I'm simply sharing my thoughts on my trades.
This is a more long term trade idea. I have marked some channels LTC has followed. We are at the point we could fall back down to bottom of yellow channel, but if we break above the median of the channel we may make it to the top of yellow. Better case, we hit top of bigger larger channel around 3k range per coin. Personally, I've been a bit surprised LTC hasn't...
BTC Update: If blue doesn't hold in a min, look for a drop to around $41,500 - 42,000 range I'd guess before a bounce. It is the previous high as well as the same percent drop from the high to blue as the "high" we just had to the previous high. Also looking like a 55/200 EMA cross on 4H as well as MACD . Something similar happened in the old big bull run a few...
Siacoin has more or less been residing at its lowest ever BTC value. Recently there was a hardfork of the chain. This is still an active project and it is probably about as cheap as you will ever be able to buy it. We recently started upward movement after falling below support and popping back above it. Not promising a moonshot, but I just bought a bag. At this...
On the weekly it appears we may have bottomed and been riding a support. We are currently at $0.14 all the way down from $3. Tons of room to grow. Like other alts, I imagine this one will also see large gains before too long. The only potential issue I see atm that we really need to breakout of is the EMC2 / BTC chart. We are more or less at a resistance that...
This is an update for previous idea linked below. Currently we are up around 80% and have broken through resistance of previous downtrend. 1W Bullish Cross on MACD.
We have broken the teal resistance at the same location as the 4H most recent high, came back down for a retest/confirmation and bounced. Then we tested teal again and bounced. Now it is looking like we should push up. Target around $0.63 (resistance line of previous highs) as well as the 1.618 Fib level. A more optimistic view and not terribly unlikely could see...