with BTC dominance dropping and alts pumping again, ETC is looking like a break out is very probable after a long consolidation and a 40% pump on NOV 17th I am looking for it again in the next 24hrs if BTC remains stable.
ANK is in a falling wedge and is getting near the end of the pattern, so I am expecting a break out by late tonight and with the news its has in regards to the STKR public testnet being released in Oct, this could be an extended trade to the up side if it goes in that direction
LRC is in a small bull pennant and with the news of it being listed in CoinBase Pro on 9\15 this should be a decent pump. There are 2 areas of resistance and is where I am taking profits unless price action say otherwise .
DOT survives the BTC blood bath without a scratch and is still holding its ascending triangle. This DEFI coin remains my first choice for a long term hold assuming it breaks up in the next few days. Use a stop lose below this pattern in case it breaks down....
ALGO is very close to a break out from this large falling wedge. Its lining up to the FIB .168 and the bottom of this falling wedge which is bullish A measured move would put it at a 22% profit zone...
SNX looing good on all time frames! I think it has good potential if it can clear 7.366
DOT a hot DEFI coin is trying to break out with some volume . The RSI and Stock RSI looks good and allows for it to continue higher.. The cloud is also indicating some support below the price action although its thin Comment: waiting for the confirmed break out such as a retest or a 1 hour candle close is recommended
BLZ attemping to retest the top of the bull pennant and if it succeeds it may be a good position for a buy. I had played the 2 bounces for a 10% profit each time each time BLZ had some news that recently came out helping to boost its efforts in a positive way ... Hopefully it will continue up on the retest.. {If you find any value, please like and I will...
ARDR has been in this rising channel for awhile now and has been respecting the boundaries over all. It has been printing higher highs and higher lows . After this recent dip it still performed well with regards to respecting the rising channel and kept its higher low intact. Although a Rising channel at some point is Bearish, I believe that if BTC stays stable...
Dock is looking interesting. it had a break out, I sold then it pulled back only to rally at support before touching the up side of the descending triangle then finding support at the original bottom of the original bull pennant now I'm looking for another more explosive break out one more time...? well see since an descending triangle can break either way and...
Key is another short trade set up to watch for. A small gain after tearing it up yesterday with close to 147% gains may be developing in a bull pennant at this time. Watch for the break out..
We have been putting in lower highs in the short trend and we are now in the lower part of the triangle pattern with a bearish MACD and a very bearish RSI and a fear factor of only 11 indicates a weak and confused market at this time.. I think we will break to the down side taking a break at the $9500 level and perhaps fall to the $8500 before getting the strength...
we are in a double triangle pattern that was bullish since we where testing the top of the pattern, but then dropped below center and heavy resistance which makes me more bearish atm. Also the MACD is bearish as well as the RSI. I think we will retest the 11700 resistance a couple of times before breaking to the down side although its bitcoin and it may go either...