I personally think that AMEX:SLV will outperform AMEX:IAU just like it did during the last market crash of 2008-2009. The overlay is the TVC:GOLDSILVER and as you can see, during the crash, the price of gold was higher in comparison to silver. As we moved out of the recession period, silver rose and the ratio decreased, meaning silver showed it's true...
DOGE has hit the 61.8% fib retrace after a run which is a very bullish signal. Target is the 1.618 fib level at 94 sats which would be a 74% gain. Let's go fellow DOGE HODLers!!!
Targets are described in the image and time frame might be off but based on the last pump this should play out very nicely over the next 2-3 months :)
IBM Partnership + Jed McCaleb + ICO Platform + Non-profit organization = MOON!
$ZEC short to mid term trade! MACD and StochRSI both bullish! After a 61.8% retrace timed perfectly with a BTC retrace after BTC failed to break the neckline of its inverse head and shoulders should take ZEC to test its previous high. If it breaks this point, we could test the 1.618 level but I would exit positions there and see what to do afterwards to play it...
This seems like a classical set-up for an inverse head and shoulders for BTCUSD. 1) Taking the neckline and cloning the trend line to form a parallel one and setting it up from POINT 3 (LIGHT BLUE) give the first resistance point 2) Creating another trend line connecting the head -> right shoulder (RED) give you the support point where the next leg up of the...
A -> B (129bars); C -> D (129bars) When charting using the ABCD Pattern the AB leg should make up the same amount of candles as the CD leg creating a harmonic ABCD pattern. The BC bounce should be .618-.786 of the AB fib retracement and the CD leg should be either a 1.27 or 1.618 fib extension of the BC leg. This pattern matches up perfectly no matter how I look...
With the bull run for BTC the ICX/BTC pair is not doing so hot and trend analysis won't really help you there. I have decided to switch from viewing the BTC pair to analyzing the ICX/ETH pair. When looking at this trend it seems that the downtrend has met support on the overall uptrend line. If you have spare ETH/BTC lying around from accumulating at the lows, now...
EDO is a token platform that has a vision to host ICOs via its wallet. It has been retracing for a while in ETH value and has seem to hit its bottom after bouncing up. Ignore the long wick recently as it was probably a bunch of stop losses being triggered by a whale to get rid of some weak hands. The MACD looks bullish and the RSI is steadily increasing without a...
This chart is updated from the previous one that I posted not connecting the lower wicks. The reversal still looks intact when this chart is analyzed using the wicks for the top and bottom bounces. On the 1day candle chart, the MACD looks extremely bullish and it's only a matter of time before this pops off.
AION is a part of the holy trinity > ICX/WAN/AION With the ICX summit approaching as well as having broken the downtrend resistance line, this is a great long term hold. It is the first and only 3rd generation blockchain with the support of the Lord Vitalik himself. This token is going to make explosive moves in the months to come as it has retraced and has found...
ICX is having a summit meeting on January 31st. As you can see the uptrend support line is very strong and every time it hits it, it has held thus far. With the previous mainnet launch, there was an extremely strong bounce off of the trend line but the resistance at 84xx-85xx was too strong and the position did not hold. With the upcoming summit meeting, some of...
With the release of the ICX mainnet release coming up in the next few days, I noticed a few things. MACD has also just crossed signaling a bullish movement! Don't miss out!
New coin added to binance with an awesome team. MACD looks bullish along with the RSI which is following an uptrend line. We all love triangles and according to the one on the graph... there seems to be a breakout in the making. With a LOW TOTAL COIN SUPPLY of only 50,000,000 (2x that of BTC), this coin is severly undervalued. As always DYOR and this is not...
ICXBTC (Icon) originated as an ERC20 Token and is launching their own blockchain and exchange. Korea is big on crypto and when this thing takes off it could blow the eff up! It is being referred to as the Korean ether with big name partnerships already. The move is to invest in tokens that have their own blockchains and the fact that this ERC20 token is branching...