similar to many other coins in the market, synereo is finishing a period of accumulation. the only way from here seems (hopefully) to be up. to break out the red triangle, all we need is a higher high on rsi.
I think we still have time to accumulate more before this thing flies away. one thing to note that almost all coins show a very similar pattern right now. #altsareback
ark might be THE project in the cryptocurrency market. it's price performance has been stable but meh. where it belongs is definitely top ten. on one hand you have a useless shit called bitcoin cash with a market cap of 30 billion usd, on the other hand you have one of the most valuable projects on planet right now with a market cap below one billion. I think the...
lbc is bullish af. there is a very very very small chance that the orange support line can be broken down but in order for that to happen, something terrible should affect the market or this coin. well this is crypto but even then I don' think that the bull run can be stoppable. this is a GREAT time to jump on board.
this awesome project seems like to start rolling again after so much drama. everything seems to be ready for the next surge.
a long waited accumulation phase getting over to break up towards six dollars.
we're moving inside the blue channel, which is bound to be broken up. I think the rush to the ASIC resistant coins, and the controversy with bitcoin cash will pull even more attention towards vertcoin and the blue channel will break up towards the upper green line but as a conservative estimation I think we will easily see $15 soon. Two important things is that we...
Monero indicates a cup and handle formation resembling historic movements since December of this year. it seems to be directed towards $300 by EOY.
ZEC is lying on the support line with bullish rsi 14 breaking out 2 triangles formed in the short and midterm. there is nothing else left to break out from, making it be directed towards the resistance with a target above $1000 by the end of year.
it looks like a set-up for a third round. I have a small amount invested in ftc and haven't sold anything yet. still patiently waiting to get closer to the green line.
vertcoin is inside the red rising wedge. getting closer to the bitcoin fork, the wedge probably will break down towards the blue support line. since vtc has a momentum right now, the correction might be a minor one. after the segwit, with the FOMO and vtc halving, I think we can see an extraordinary increase. from volume to fundamentals, everything is ready for it.
the falling wedge of TRY got broken up by the visa conflict. now we're moving up in a widening channel toward 4.5 liras per dollar. if the resistance is broken up, then turkish economy might bleed. this is almost purely technical.
fundamentally I see no reason why we can spike up however from TA what I see is an ascending triangle, which can be broken up, hitting the resistance of the rising wedge and then bouncing downwards sometime next year causing a slowdown.
for short term, it can hit $58 and in the long term as cloud revenues continue to surge, we can see huge gains on oracle stock.
I tried to look from a different angle. we might have a double top formation within the red channel. if the ascending triangle is broken down, we can see a sharp decline below $200 until the segwit2x. eth might bring other alts down with it. I really hope to be wrong about this one.
ltc seems to have anew trend channel and the one I drew is kind of conservative. according to this, we seem to be near the floor and approaching the segwit drama we can hit the bottom and fly off to 3 digits.