Thinking btc will hit the physiological barrier 10k and bounce up a bit, followed by a double bottom before testing ATH again of 20k. Bearish divergence on indicators on the 12hr chart, daily chart to follow bearish divergence. Not financial advice.
The lagging indicators are showing signs of the next leg up. Both RSI and MACD are starting to trend up on the 4hr scale. Target price for this leg up is roughly 130USD. This is not financial advice. Happy investing.
Yellow line on volume is showing decrease selling pressure. RSI has broken the downward trend line so I am expecting HOLO to move sidway for a tad more while waiting for BTC to either: 1) rise and consolidate or 2) consolidate right now in preparation for testing 6k resistance. If the former plays out, then HOLO will break past my 1.618 fib level and set an even...
BTC is looking bearish short term. Looking like it will keep going down until 4.5k-4.7k range, which is my targeted reentry point, and consolidate there before testing ATH and eventually breaking into the 6k+ range. This is not financial advice, happy trading.
The yellow trend line has served both as support and resistance from early Feb, which makes it a very strong trend line. The yellow bubbles have shown points in which HT has bounced off and continued rising and the green bubbles have acted as resistance points. Based on this, I would expect HT to bounce off the line once more and it is being sandwiched in from...
Greetings all, As depicted by the title, I believe that a reversal is on the horizon. Lets take a look at MACD, RSI, and volume first. MACD is being wedged in between the two yellow lines, creating higher lows. The RSI is also trending upward on the daily chart with a higher low than before. Volume is also picking up, and has been picking up despite the bear...
XRP had its initial runup to ~11k and has been correcting ever since. I do believe that the end of the correction phase is near with the hammer sign on the daily chart. If it closes with the hammer sign, followed by a green candle then we can almost certain that an upward trend will follow (not to mention the double bottom formation). Will be eyeing 13k-14k as...
As seen on the graph, XRP was trending along the blue channel until it broke out( pulled back a bit with the upper channel acting as support) before continuing to moon towards 11k sats. It eventually pulled back but dipped harder than anticipated due to BTC's massive dump from its near 10k runup. The pullback has landed XRP back to the blue channel in which it...
As the title states, we have a couple of days left before the big announcement. The market seems to be trending towards the bullish side with the start of ALT rising, followed by bitcoin with the last few hours. This will definitely push XVG's prices up alot more prior to the major announcement. XVG has been consolidating within the price range of 1100-1300...
Stellar lumens have some big plans for 2018, particularly starting with FairX in the near future (I know, its been delayed). Anyways, lets jump into the graph. Xlm has been consolidating well at the sub 3k sats. There has been an increased in volume for the past two days, which indicates that a rise is imminent. MACD is trending up ward which indicates a rise...
IOStoken has an announcement that is scheduled for tomrorow, the 9th. I won't play the speculation game here and try to guess what the announcement is but the CEO has been spending quite some time in Korea. Is it a new partnership? A new exchange? Who knows, only time will tell. A rising wedge is depicted in my graph and I believe we'll retrace back a bit to...
Tron is on the rise. It is breaking out as I am typing this. The last bull run retraced to .382 level and has not broken out from the downtrend. After finishing its correction with the ABC series, Tron is now once again heading up. My target price for Tron is 900sats for this runup and if Bitcoin behaves without rising or dropping too fast then perhaps we can...
Verge is currently entering a corrective phase in which I see it retracing as far back as to the .618 fib levels. This is supported by the volume node along with previous resistance/support level from its prior bull run during late 2018 and also by the VPVR node. RSI on the 4hr chart as dipped below oversold and verge is entering a consolidation phase in...
Bytecoin is notorious for being a "scam coin" but it is far from that. 2017 has shown investors that BCN has potential, that along with roadmap milestones being hit without delays is very promising from a coin that was dubbed dead. I am a firm believer in the potential of bytecoin! Bytecoin is the father of all privacy coin and will be a main contender this...
History tends to repeat itself and this correction at the start of a new year is nothing new for the crypto market. I believe that BTC will dip even further, retracing to .236 fib level... especially with future contract expiring tomorrow. We are currently trending on the .382 fib level but I do not believe this level will hold out. There is strong selling...
Digibyte has shown exceptional endurance against the rise and fall of bitcoin. 2018 is the year that Digibyte comes alive! Today marks the 4th year anniversary of Digibyte, so cheers to that. Digibyte is currently trending on the support line (white line) and has bounced off it numerous time in the past. I believe that Digibyte will bounce off the support...
Lumens has retraced in between the .6 and .618 fib levels, which is to be expected given that lumens tends to retrace to this level from its previous bull runs also. I do believe that the ABC retracement is complete but with BTC's uncertainty, noone can say for sure. The wedge in the image will tell us if a breakout is happening or if another pullback will...
Seems like ETH is gearing up for the next leg up. ETH had a massive bullrun the 2nd week of December which brought it to an ATH of roughly 870. Since then, it has retraced about 40% but I believe that ETH is now gearing up for the it's next bull run. ETH was trending along the channel until the massive bull run. It formed a double top from there and trickled...