Taking a look at vertcoin: There has been very little price action since the dip in December, it could be that people are accumulating right now since it's quite cheap. Volume is lower than it was in November, and it has been steady for a while. It's bound to rise at one point. MACD and RSI seem to be recovering which is a good sign. There is also a symmetrical...
Ripple has been doing quite well, even though bitcoin has been very volatile the last few days. It seems to be in an ascending channel right now since it has been repeating a pattern for a bit. The RSI and MACD seem to also match with a possible rise. The last two times it rose it was a bit overbought and dropped again. It might happen again this time and it isn't...
Taking a look at bitcoin, btc/usd: Bearish: Head and shoulders pattern which is bearish, the target for the drop is around 7k if we're looking at the difference between head and shoulder. We are around the neckline right now. Besides that we're also seeing a bearish TK cross, the kijun-sen crosses the tenkan-sen in the cloud so it's a normal bearish...
Verge broke out on the 1h kumo cloud. TK cross also occured and these are both bullish signals. MACD momented switched from trend (down to uptrend) and RSI peaked. RSI seems to dip again so I also expect a small dip for the price. Look for entries on the fib retracement. If it bounces from a support expect a new ATH. If it breaks a support I expect a drop to the...
Bitcoin seems to be in a downtrend right now, MACD is trending downwards and StochRSI is doing the same. According to the StochRSI, it's oversold which means it might get a buyers influx soon and sellers are exhausted. It bounced from the kijun-sen, also from the tenkan btw and it's testing resistance right now. If it hits the 13682 resistance with convincing...
I'm amazed by the fact that Cardano still seems to have buying pressure after the huge bull run. RSI doesn't show weakness, there's still a green Kumo cloud and tenkan line/TK cross is still looking bullish. I see an ascending triangle and that might be the catalyst for a bullish breakout. I say bullish cause it doesn't look like it's gonna be in a downtrend anytime soon.
ETH has been in a downtrend for a long time. It hit an all-time low not too long ago and we're seeing higher lows now which is a bullish sign. TK cross happened below the Kumo cloud which means a weak bullish signal. Furthermore, RSI is looking higher which shows more bull strength. It's overbought now though so in the short term expect a dip. I'm very bullish on...
Litecoin in small resistance/support area. Price is above the Kumo cloud and bollinger bands are tightening. TK cross hasn't happened yet so no confirmed bullish signal yet. Lots of green candles though so that means bulls > bears. First try of ichimoku clouds so take my analysis with a grain of salt.
Reddcoin seems to follow XVG and I think that that train lost it steam at the huge red candle that occured earlier. Reddcoin's indicator are not looking very dandy either. MACD and RSI are dipping and volume is decreasing. This means selling pressure > buying pressure. It seems to find support and resistance around the 63-68sats area. It it drops down 63 sats it...
Might be a long stretch but I see an ascending triangle which will break soon. Higher lows and I also see a possible trend reversal in the MACD. It bounced from the upper resistance but it might break out if the trend reverses.
I notice a head and shoulders pattern (also a inverse cup and handle, thx @eFund). MACD, RSI and EMA are looking lower than before. Volume decreasing and overall seems like the bulls are exhausted. There is more selling pressure than buying pressure I'd say. It also made a huge bullrun from 50 sats to 800 sats now so would be wise to take profit around these...
Maybe a bit late with the chart but POWR just broke out its resistance. MACD and RSI also bullish but slightly overbought. Expect a dip and then continuation of the run. Volume may not be very convincing though so it may be a fakeout. Be aware of that.
A very old resistance line is about to be connected with soon. There might be a big boom. There have also been some volume spikes the last few weeks and that might be accumulation. Candlesticks also look bullish. I highly doubt anything will happen tho since it's a very dead/inactive coin.
I have a small position in RDD and was interested in looking at profit taking after these bullish movements (I wouldn't rule out a pump and dump). Drawing a fibonacci retracement from the current price to the start of the rally shows signs of resistance/support lines. Watch out for these levels when buying/selling. You could possibly also see signs of what led up...
FUN maintains price around 300sats, seems like there is a lot of support here. I don't think it's very bullish right now but it's gonna close a pennant soon on the 30min candles with the short term support which might lead to a breakout. The company update was also quite bullish imo and it's a good buy if you're looking for a long-term hold. The long-term support...