This is one of my personal favorite. I have a long term investment in it so that alone says enough :) BUT! It still has a ways to go if we want to see this baby moon. USD comparative we are at ATH. This could moon even more if we can break the resistance line on the BTC comparative. This is something I have been watching closely for a while now and we are very...
This is one of the coins on my watchlist and for several reasons. Firstly, unlike most of the other altcoins it hasn't shot up yet and I always like to be at the beginning of an uptrend rather than halfway or at the end. Secondly it has launched its test chain late december and has a lot more planned for this month. Some of the upcoming release are PoW mining and...
QTUM is in its accumulation zone at the moment with a widening wedge. expect this to continue for the coming days/ weeks before deciding to make its next move. If it can keep above the 21 day MA this could be a good indication for a move upwards. but this remains to be seen. That is what I'm looking at for now. Happy trading!
SNT possibily has more room to grow. But take this with a grain of salt since it has already made a 10x move since my first published idea about SNT. The white support line is an important level therefore and if it can't hold it's current price for the coming 3 days this trade will be invalid so be very cautious! If SNT can hold it's price I expect it to move...
Not a lot of crazy TA possible here for now. We're currently moving insidethe indicated wedge and have been ever since the bull run. We will have to see to which side it will break out. What I'm looking for is for the previous resistance to turn into a reliable support for the price (white line). We can also see that the 50 day MA has served as a good support. A...
The chart shows us that MONA has found a good support on the rising red trend line and showed a nice bounce off of it. There is also a hidden bullish divergence to be seen if we compare the RSI to this rising trend line. This could indicate to the correction being over and can also be seen with the ABC correction waves. What I am looking for at the moment is for...
The last news of MTL being delisted from Bittrex made the token take quite a hit but it shows us an interesting pattern. If this plays out as indicated this could bring about great rewards to investors. We have a clear ABC wave pattern (purple) coupled with the arcs showing a slow down in price descent (orange). The ABC pattern ends at the upturn of the second arc...
Verge has done better than I would have hoped and here is why. First of all, it has been able to keep most of it's gains since the initial runup and secondly it has been consolidating for the past few weeks which is the best scenario I could have expected. The whales (or whatever you want to call them are loading up their bags for the next runup. As can be seen...
I believe we have only just finished the first wave of our EW and that we are going through our 50% retracement from last ATH (wave 2). Now there are 2 possibilities here. the normal EW follow up is in green and the extended version is in red. How are you supposed to read this: Our minimum next target is the end of wave 3 (green) at 3100 sats and if it gets...
Are we in a crisis? Is this the bubble burst? I don't believe so, if you are panicking then take a breather. As you can see on the chart, for now we have found support on the 21 Ma on the daily chart which follows the support line as drawn. Now this might break (high possibility) and if this happens or aim is to have buy orders ready around 14K which is the .618...
As can be seen, the different indicators are all pointing towards the end of the correction of EMC. We have a divergence on the Elliott Waves Oscillator mening we will have a trend reversal. We have an oversold RSI. We have the selling volume slowing down. Price has found support not only on the 0.382 fib but also on the 200 MA (4H time frame). And last but not...
Take a closer look to the drawings before discarding this chart. I've used Gann Box and Gann Fans to mark the different support and resistance lines. The Fib Speed Resistance Arcs show me an interesting trend and pattern at the moment, that price is moving along and staying within the arc between fib level 1 and .786. I believe the price will continue doing so and...
The time fib arcs show where the price action has been moving over time and the constant rejection from the .786 fib arc. There is light at the end of the tunnels for those that are long on OMG! We have found a solid support at 44K sats and we have slowly been creeping back up and most likely will continue moving along the red support line and as always being...
ADX has possibly found support on the 21 MA and a bottom at 5,5K sats. We have a falling wedge and secondary support zone (also optimal buy zone) at 8K sats. MA indicators are showing there is more confidence in the price action at this moment which could lead to testing the various resistance points as shown on the fib. Signs of strengths would be a move abouve...
QTum is currently retracing from the 2nd leg up in the 4th EW. Best buy zone is now between 305K-340K sat. Fourth wave should start between today and christmas with our 1st target being the 1.618 fib of 565K sats and secondary target the 2.618 fib around 900K sats. Risk to reward is 12.23. Capital management is recommended with a SL above the .618 fib at about...
SNT has completed its 2nd wave and has been consolidating for teh past 2 days for it's next leg up. Following fibs and EW our primary target is the 3.618 fib at 1620 sat. Past this point it could correct or extend further but be safe and take profit at that point. Probable next point if the last wave extends is the 4.236 fib at 1830 sat. Happy trading!
We had a confirmation of a breakout of the falling wedge on the 18th and since have started the uptrend. As shown with the Fibs and EW we can see the possible uptrend movements in price action if the price can curve up on the lower support line (in red) and the pattren it could follow with EW. Our first target is at the end of the 2nd wave at 500K sat and the...