Bottom of channel is about 5% down. Looks like a decent R/R.
I see a bounce off the trend line. The market is going to tumble. Scale in boys!
BTC has a 2 1/2 year historical RSI low of around 53 on the weekly chart. Trend should reverse if it sticks to the trend.
Neo pattern looking very similar to Ethereum before the big breakout. While I am not a huge fan of NEO, it's MC is tiny compared to Ethereum and it's around 3x lower than IOTA. I think it could go for a nice run in the next couple weeks, latest maybe first week of January. And by a good run, if there's large volume involved it can easily go 3x+
Simply stated, there's lots of power coming into buys and the price is going down. At some point ZRX is going to explode upward.
I think based on certain indicators ZRX could go back down one more time. It's getting very close to the end of this downtrend it has been in and there's been lots of accumulation spikes along the way. It's either going to fire up one day or it's heading more along a straight line.
Just like ZRX/BTC, we are getting very close to do or die. ZRX/BTC is in a massive descending triangle. ZRX/ETH is in descending wedge/channel. They obviously coincide overall. We either break down or up very soon. Next two weeks or less?
Looking blazing hot. Ready for that blast off again.
Metal just released their alpha wallet. It's amazing, check it out if you haven't already. Either way, it's coming to some odd endings right now. Hopefully it breaks upward.
We're getting very close to do or die. We either break the downtrend or we break .29
Seems to be in a falling wedge, we'll see. Not calling anything in this hostile BTC environment.
ZRX has been holding up well on it's current uptrend. A series of higher highs seems like it's heading towards the .75 area again slowly. It should break it and continue.
ZRX hasn't broken upwards ever. This could be a good sign.
A phenomenon. Ascending triangle and ETH will form one of the rarest patterns ever seen. The $ sign. In all seriousness, we will see some gains from ETH very soon.
IOTA looks like it's heading towards a double bottom on the 1 hour. Let's hope it holds support (51 cents).
IOTA is looking really good long. Obviously some things could be a little off but I see it hitting some high prices in the future on this Elliott Wave.
I don't have a specific target. It's still very cheap so i'll wait to see if it can hit $15+. QTUM broke it's downtrend.
I think ZRX has a chance of breaking out (basically anything does right now) if it has some volume. It's had trouble breaking that resistance level.