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Hi guys,
LTC is looking good in a number of ways.
- Daily down-trend (green line) was broken
- Higher Lows were created which enforces the down-trend breakage and indicated the potential beginning of an uptrend
- 4 Hour resistance was broken (has now become support)
- As per above, price has been respecting the resistance after it broke which indicates we...
Hello everyone,
New opportunity for BINANCE:MTHBTC .
Every big push is always followed by a retracement.
This is exactly what we can see on the chart.
The price has been descending and now is approaching the 61.8 Fibonacci level (strongest).
This level acts as a level of support. In addition, it seems to line up with a Daily Support which increases the...
BINANCE:XRPBTC seems to be about to make a move - just like many other ALT coins.
As seen on the chart, it is currently between strong levels of Daily Support and Resistance and follows the green Trend Line .
Recently, we had a Doji candle, followed by a Bullish Hammer ( ish ) and a sideways trend break.
Even though candles are not sufficient to make a...
Hello everyone,
BINANCE:MTHBTC also seems ready to make a move.
As shown in the chart it is currently resting at a level of Daily Support which is currently holding.
In addition, note the very clear green trend line created over the last few days. A fantastic and simple tactic which further validates trend lines is identifying Higher Highs (HH), Higher Lows...
Hello everyone.
BINANCE:WAVESBTC seems like a good opportunity at the moment IMO.
As shown on the chart, it has broken the bearish trend line and is tested the next Daily Resistance.
If we move down to the 4 Hour candles, we can see that the price actually pushed and closed above the resistance.
This means that it will now probably become support and the...
Hello everyone,
BINANCE:DASHBTC looks pretty good on the charts.
It has been following the bearish trendline for a while now.
Recently, a higher low as shown was created. This could be the first signal that the trend is on its way to reverse.
Note that further indications are needed to clearly suggest the trend has truly been reversed.
Firstly, there has...
