XRP's recent has been showing channel support that coincides with the 200 SMA. Looks like a good position to enter for the potential rise in ascending channel. Currently, at the bottom of the channel, we are also at the consolidation point on the pennant pattern, this is suggestive of an incoming breakout. Green Box is near term breakout target. Red box is...
Last time BTC crashed below the 200 SMA on the 4hr chart it quickly recovered above the 200 SMA and began its monstrous bull run in a new cycle. BTC has fallen below the 200 SMA again and if it follows the same pattern as ast time we can expect BTC to recover above the 200 SMA soon, likely in the next couple candle sticks. Both selloffs look similar to me, I...
LTC bottomed out around 0.382 level, then shot up three retracement level up. Afterwards LTC dropped to 0.5 level and sustained above previous retracement, next wave likely to follow three retracement levels upwards to 1.0 level around $360-370. This move would also follow the long term LTC triangle breakout, thus, .272 level at $450 is on the table.
Bitcoin has some support around the 0.382 level. More importantly, The red line (200 SMA) has seen recoveries follow three times (light blue) and potentially a forth time as this post is being written. Each time the 4hr candle touches down on the 200 SMA btc has seen a recovery. This is a KEY indicator to watch. Further, the last two times the 200 SMA was...
XRP Support kicked in on previous low. A recovery to the 0.5 level will mean confirmation for support. RSI picked up from a recent low as well. under 0.5 level seems like a good bid for xrp.
LTC breakout has been a long time coming as LTC underperformed market since December selloff. Wedge breakout came through 0.5 with momentum, if 0.618 level cannot be sustained 0.5 will likely be next near term support assuming no market sell off. With LTC dominance so low still a relatively high % down from ATH, LTC looks poised for a run to $500 at 1.618. Took...
ETHBTC hit 0.067 target after hitting all time low. Entered at 0.049 close at 0.067.
LTC hasn't broken out of its bearish channel since the major sell off. The 240 support level is a key level to watch to time the LTC breakout. If LTC stays above 240 over the next 12-24 hours I think we can see 340 in the coming weeks.
Bitcoin recovery appears to be underway as 11600 price level has shown strong support. Current breakout prediction is one retracement level above previous rally from base support (0.618 level, light blue arrow)
Neo followed in the market selloff but has recovered better than most alts. At one point was $5 shy from ATH, now it looks like itll push to a new ATH. THe blue wedge shows last time NEO wS flirting with its ATH. I predicted a level to the 1.272 extension level, yet it reach 1.618. I'll still predict 0.786 -> 1.272 here as well, but we may see beyond that in the...
BTC has seen price declines halt at the 0.236 retracement level three time since the sell of from 20k. The third touch over the course of 10 days acts like aprice floor on bitcoin. This is a good time to buy. A cautious investor can enter with a stop set at 11500.
Bitcoin is deviating from H&S selloff after touching down on the 0.382 level. If deviation can sustain 0.5 level and/or above significant MAs we may see signs of a strong recovery
Since BTC suprassed 5000USD the Daily 50 MA has beed the final level of support for BTC during its 2-3 sell offs. Same said for RSI 43-44. Levels to watch during next selloff - have liquid capital and orders set.
LTCUSD consolidation and market conditions suggest upward breakout to 340. LTCBTC shows resistance at 0.02 with higher lows, important chart to watch while trading ltc. I expect LTCBTC to test 0.02 resistance around New Years. Predictions: Next couple days - LTC 340 Next couple weeks - LTCBTC 0.02+LTCUSD consolidation and market conditions suggest upward...
LTCUSD consolidation and market conditions suggest upward breakout to 340. LTCBTC shows resistance at 0.02 with higher lows, important chart to watch while trading ltc. I expect LTCBTC to test 0.02 resistance by New Years. Predictions: Next couple days - LTC 340 Next couple weeks - LTCBTC 0.02+
xrp has been a steal beneath the drawn yellow support line. If crosses the trendline with significance we could see a push to 1.272 level at 1.10. Now would be an aggressive time to buy but dont take profits just yet, support at yellow area is incredibly strong, this xrp rally i sustaining very well.
BTC Broke 16000 level support. Unless a price recovery occurs very quickly we can assume that the 16,000 support level has failed. Next support at 13,000. If BTC hits 13k then stock up, however i think it is likely it will dip that far. Damn futures, spooking the market
Hold ETH. kept original arrow, that still seems like the near term target. channel position holding, 1.0 level strong support