f3ok3ko90690ghj6h359053g9jg

f3ok3ko90690ghj6h359053g9jg

As per title and information in the chart.

f3ok3ko90690ghj6h359053g9jg

Triangle on XELBTC closing across several time frames. It's currently resting around a long-term and well-respected support line. Good upside potential in the event of a break upwards. A lot of hype and shilling around this coin on Twitter. Expect to see some price action in the next 2-3 days.

f3ok3ko90690ghj6h359053g9jg

Information contained in the chart.

f3ok3ko90690ghj6h359053g9jg

GRSBTC previous entry was not profitable. Sitting on a host of major supports on a very significant time frame. Using primarily Ichimoku for this analysis.

f3ok3ko90690ghj6h359053g9jg

It may be a good time to go long on GRSBTC. While the bounce is not yet confirmed, it is currently resting on long-term and Bollinger Band support with indicators on the floor turning bullish. Worth keeping an eye on. I recommend waiting for indicators to confirm bullish before entering this position if you want to be as safe as possible.

f3ok3ko90690ghj6h359053g9jg

Decision time for RISEBTC - either it broke a significant support and needs to bleed down further, or breaking below the Bollinger Band and horizontal support was really a bear trap and it bounces upwards from here. Indicators - Stochastic RSI, MACD, WT, are floored across multiple time frames but not yet curving upwards.

f3ok3ko90690ghj6h359053g9jg

Usual disclaimer: big movements in BTCUSD invalidate any technical analysis of altcoins given how closely they follow BTC. UBQBTC bounced very convincingly from the support I've drawn and is once again poking at the resistance of the triangle. I expect a small retrace from current levels and then another test of resistance, which it looks keen to break...

f3ok3ko90690ghj6h359053g9jg Updated 

PAYBTC seems to be stuck in a descending triangle and seems reluctant to move upwards. Much of this is FA-driven, I believe. PAY wasn't doing too badly until the BTC/USD bear, and its losses were exacerbated when it was de-listed by at least one cryptocurrency exchange in China. There aren't many strong supports (if any) below these levels. Once PAY breaks out...

f3ok3ko90690ghj6h359053g9jg

An obvious victim of the BTCUSD bear has been STRATBTC. Using the 6H timeframe I plotted a strong support line going all the way back to the Medieval Period. OK, maybe not the Medieval Period, but certainly a long-time support. Not sure where the floor is with STRATBTC, but this certainly wasn't it. I see this as a confirmation that this support has been broken,...

f3ok3ko90690ghj6h359053g9jg

MTLBTC convincingly rebounded off of a long-term support and is looking to test resistance at the top of the triangle I have charted. Thus far, it doesn't seem to dissuaded by the BTCUSD bear, but this may change. As you probably know, strong BTC movements in either direction drive the alt-coin market more powerfully than any technical analysis could hope to...

f3ok3ko90690ghj6h359053g9jg

LSK/BTC looks good to me right now despite the bearishness of BTC, which usually takes altcoins down with it. On a fairly big time frame of 6H, LSK looks to be in an ascending triangle and ready to test resistance with Stoch RSI curving upwards across several time frames. If it doesn't break out of the triangle - either due to endogenous reasons or due to the...