As I have indicated in comment on previous ETC idea, we have seen retest of pink uptrend channel. (I had to redo my charts, thanks TV), so now is trendline pink. Previous support is now resistance and ETC continue to fall into big black hole. And here is the positive part, it will not take long and we will hit bottom (probably:)). On the chart you can see three...
Here we have two scenarios of ETC price action. I am personally putting my trust in the red one. Hopefully I will be wrong and blue trendline will be supportive enough to put ETC back on track, but there are some things that make me believe, we might be headed lower. We usually have two separate legs on one trendline, exactly how it was this time with ETC (black...
Hello fellow traders. The time has come, when we might see another run from ETC. As you can see we are testing the bottom of the uptrend channel. Along with this, we have falling sale volume which indicates, that reversal might be close. However, ETC is really close to 200EMA and I would not be surprised if one spike in next 4 hours touched it. If if does and we...
Fellow traders, here might be chance to quick profit. BCPT has recently stopped on 61.8 fib retracement which might be good opportunity to enter this trade. Stop Loss should be little bit below 61.8fib, targets are .8949 and .9976 or orange fib extension .11200. Have fun. Stay positive.
Just in short today. Be careful trading ETC right now. If it falls below H&S line it might be on the way to the red support line. Be careful. Stay positive. M.
XLM is currently forming descending triangle pattern. Which will most likely result in big price swing, up or down. It depends on breakout point from the triangle. You can see the red resistance line and black triangle pattern. If the price will go up and break the red line the next target will be black triangle. If it fails under the bottom black support line,...
We had nice bounce from 61,8fib after jumping thru 200EMA, AMB did fall below it but quickly recovered. However, 200EMA was not supportive at all it this case, which worries me a little. We need to see more support from 200EMA before we can enter long profitable trade. This might be just one time jump as we might have seen before. If you are still in this trade...
My dear fellow traders, here is interesting setup. XMR will be soon testing two big support levels. As first, there is red support line, which might not be able to provide enough momentum to push XMR back into uptrend, but as second, there is huge blue trend-line, which has not been broken from beginning of December. Hopefully bears had enough and bulls will take...
AMB is trying break above 200EMA again. If it will happen and AMB will be able to establish support on 200EMA, we can see powerful price really, like for last two times. For now lets just see what happen next. If you would like me to take look on some specific coin, fell free to comment.
Alright, it took little bit longer than I expected to break out from bull flag, but now we are on our way. We had nice bounce from 50% fib. and 50 EMA, then ETC has found support on the top of bull flag from which has formed really nice green candle. First target, which we need to watch closely is previous high (37.7). If ETC manage to cross this red line, we are...
Here is one trade that I have been looking for awhile. Some time ago XPR finally found support on 50 EMA again. If you look back at the time before the all time high, this was crucial point. Now the test of this support will probably occur in hard way. On the chart you can see the heavy resistance represented by red line. Now, to make it even harder for XRP there...
Now, also with targets on BTC graph. As you can see, we had nice bounce from 61.8%fib. And again, if you want in, now would be best to wait till price will cross above 38.2%fib. If you are still in, you can withdrawn some profit on 38.2%fib which represents 37.4USD and wait if the ETC will rise above this level, or you can wait and hold all the way to the top...
Hi everyone. Here I would like to present you ascending triangle pattern of NEO. As you can see I have drown two triangles, one from lowest point and one from two most recent downs of NEO. The stoch RSI gives us the signal, that we will probably one more time retest the bottom of one or another triangle, this might give us idea which pattern is more reliable. I...
Hi everyone. Lets continue in this profitable trade. After the price hit the 37USD target, it quickly went down to 38.2 Fibonacci retracement. Along with that the ETC has formed buff flag (pink/black). We may see further fall to the 50, or even 61.8 Fibonacci, before ETC will continue its way to the all time high. However if price drops below 78.6 Fibonacci, that...
As you can see, the ETC has formed couple of bull flags on its way up. If the history will repeat itself we will see another one as high as 1.28 Fibonacci. Which will be somewhere around .4300, which would represent roughly 37.5 USD aand which is exactly the H&S pattern target from my previous graph. (please take a look)
ETC possible uptrend channel. Buy at the bottom and sell at the top half. Or just buy and hold. ETC looks strong lately.