$COSMOS $ATOM rebound from the drop from ATH. Broke the .618 fib and looking strong. Looking for target of $34to $36. Daily Look 4H looking to retrace
Waves was up at one point 600% from Jan to May, retraced and attempted another run but stalled. Has been in a downtrend ever since. We may have hit the bottom and ready to attempt a breakout. Need solid confirmation of the break out. Otherwise the downtrend continues and we hit $13 or lower. WX Waves Exchange Token was recently released and in the same downtrend....
ONE is recovering for what could be a run up to the previous ATH. Need to break into the .25c range and past the 50 fib for more upside.
$GHST has been in the same trading range as $BTCUSD and now dropping support to it's way to possible $2 or lower. IF BTC runs GHST should follow.
Same Sept 2017 price before the bull run. time to acclimate?
Like a lot of people, I thought BTC would test at least $8000 by now. Fact of the matter is we are still bearish. All the sideways action proved to be a losing battle for the Bulss. All the nay say'rs that we wouldn't go below $6000 got a dose or reality today. I for one have called it myself, just took longer to get there. Coinbase price is currently near $300...
Looking at the daily we can see it is continually dropping. The past 2 days it has stabilized. We are testing low levels not seen since early December and March 17. It was at both of the times that IOTA went on a bull run. We are also approaching what happens to be 134 day cycles. It will be interesting to see what happens from here, I personally am Bull.
After the high of 829 on May 7th ETH has been on a down trend. Dropped all the way to the support level of $402 and rebounded to $480 numerous times before the bears put is in the current situation. We have a valid inverted H&S pattern holding. If we break $410 then the pattern is invalid. If not the next major support is $380. A bounce should put us past $450 to...
Is the correction over? Coming off of the inverted H&S we hit a high of .0858(Head) Looking at the 1H we are having a decline in support. MACD is dropping, Stoch (Black line on indicator is from the daily decline slope)is low but rebounding, and Aroon(strong on the daily) is in decline. The 1D is looking strong but with a flag pattern retrace of .0840 or...
After all the hoopla around the partnership we had a meteor shot to the 1435 high with a retrace to 62 fib to where we are now. Sitting at key resistance level of 36 fib. Elliot Wave in correction mode. If this pattern is true we may test 1000 or more. A clear left shoulder and head formation, waiting for the next move. If we hold it could present a great entry....
IOTA setting up for a major breakout. How far away? Only one way to find out, watch and observe the VOLUME. Volume drives price and right now it is staying consistent.. RSI is starting to curl upward with momentum. We have MACD crossing the signal line and Aroon is bullish. We broke through resistance at 18000 and key support at 17000 with the next support at...
Finally we have something to cheer about. Notice I am not using any MA/EMA on this chart for now. I am only able to use 4 indicators. What I see is a bullish reversal. One of the best trend reversal indicators is the Aroon. We are at the limit on the 4H. Aroon up finally crossed Aroon down on the daily chart. MACD on the daily is crossing into bullish territory as...
I am a firm believer in IOTA. The potential for this coin is tremoundous. Despite the recent news of new members to the foundation, the price isn't budging much. It came close to shooting past the cup and handle formed in December but did not sustain. It also started the long wedge we have now. With no volume support, it could not sustain the pressure and the...
Just my observation as a new trader carefully observing the trends. THis is my first published analysis so any help or tips is appreciated. Bearsh downtrend still in effect. Already hit FIB retracement near 38% of $21,283 Dec 18 high to $10,800 low November 30 . MACD and RSI confirms. 1 hour chart 50 day below 200 day and nearly below on 2 hour chart. I expect...