This is an update for my old post about the long term bull channel, see related idea. Channel has been adjusted and the triangle which played out can also be seen as a gann fan. Fib levels from all time high to bottom of bear market has been retraced to the 0.618 level. Bears aiming to test the support on lower channel line near the 0.382 level while bulls...
Long entry spotted for LBCBTC LBRY is building a decentralized library and raised 500k venture capital in september. This has lead to a rally and ended in a corrective falling wedge structrue. Now there was the breakout on high volume. This could be a nice entry for long term or midterm rebound trade. I am in with a small position, keep in mind that it has low...
Another day in the boring life of ltc... ?? ... nope next week could be interesting for ltc. it's trading at the medium and long term resistance. Could be a good entry for scalp or trend reversal with low risk.
I did some brainstorming about ethereum classic and thats my view on it. Dont take it as facts, it's just my guess. Comments are welcome to find out if some problems mentioned are already solved, or if I am wrong in some points... I really wondered, what is "the real" ethereum chain, eth or etc? At first I thought it must be etc because it is "immutable" and...
Looing for a major move for ethereum. Bollinger bands are tight on higher timeframes. Moving averages have been stacked. Its trading sideways around the EMA50 for 2 months. I see three scenarios: Bearish red channel, guess it would be only possible with new bad news, this would be a heavy capitulation with blood in the steets. Sideways in purple...
Trying this one. Little long. macd cross bullish. moving averages cross bullish
macd is crossing bullish just need another green daily candle. another leg up and new all time high possible.
Waiting for break out, first target ~ 645 $
XAUEUR expect major support in the current region. Targets Bulls 1300€ Bears 1067€
Next leg to test the channel top finally, see the linked related idea -> long from 0.0024. Factom now on first exchange in Japan (coincheck.com). Our japanese friends are very bullish on crypto in general these days. Moving averages crossing bullish again. Trade your plan. GL everyone
There has been a 2 year bear market for BitShares. It's like there is only one way -> down. But bulls start to attack the log down trendline again. Will it break this time?
Steem shows an interesting chart pattern. Divergence spotted on rsi low and rsi high. Trendline broken. Old resistance to support. Waiting to break the horizontal resistance to buy in. Perfect would be a inverse head and shoulders before. Cant say much about fundamentals, comments welcome :-)
uptrend has formed, moving averages crossing bullish factom company actually rated at $30 million while factoids market cap is $16 million
wait for the break out, would draw a inverse h + s, expect nice spike up in this case