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philocrypt0 Updated 

There is strong resistance for ZEC at $315, but we appear to be attempting to breach it again with an ascending triangle. A strong candle close above that mark would be good for growth.

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Large pennant forming on VTC. This typically suggests a continuation of the trend, which appears to be up, but it’s always better to wait for the signal. If we get a good clean break up with a closed candle on the 1D chart, I think it would be a wonderful opportunity to buy. I have high hopes for this little coin.

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I see good potential for ARK this morning. We had a nice reversal candle back at the beginning of this month and have experienced positive growth since then. ADX line is gaining strength as we head into an ascending triangle. If we see a rise in the positive directional indicator of the DMI with a clean break of the resistance at $3.20 I think it will be a good...

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Ethereum has broken up the resistance at $340. From here I believe we will see it retest $400 for a third time in its history. Note that the RSI is approaching oversold though on the 1D and has breached oversold on the 4hr charts; good buy orders may still be available if we get a small pull back down to $340. We see a gigantic ascending triangle forming on the...

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IOTA appears to have formed a pennant. A break up would be a signal of a continuation of the uptrend.

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BTC has broken the uptrend line (note this is a 4hr chart and the candle is not closed, but 1hr chart shows a clean break), RSI reached oversold and MACD should confirm with crossover. First line of support is at previous ATH at $7500. If that doesn’t hold the next support line is at $7000 which is reinforced by the 50 day MA. I think both levels would be great...

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I think Elliot waves are a great way to describe how markets behave, but I do not see their utility in predicting market direction; hindsight is required to confirm any true analysis using Elliot Waves (unless you are accidentally right about your prediction). I bring this up because I have been seeing a lot of calls to short BTC over the past couple days. Since...

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BTC has broken up through the down trend line, breaking $7000 and now passing up through the cloud. I believe we have enough indicators to confirm that the double bottom was our turning point. DMI shows bulls have taken the upper hand with room to run and ADX will confirm this by flipping up. Next target is at $7500, although I think a new ATH is not out of reach for us.

philocrypt0 Updated 

Chart shows bearish divergence with MACD and RSI. I believe we will see markets fall to test blue trend line/50 day MA. If that doesn't hold there is strong support at black trend line (easily seen with 1D chart).

philocrypt0 Updated 

IOTA has broken the uptrend line on the 4hr chart. We also see bearish divergence on the MACD and RSI. The next line of support I see is at the 50 day MA at about $.50.

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Bitcoin has been denied by the downward trend line and 100 day MA. MACD and RSI are still contained and haven’t yet showed a sign of divergence. I think if any of these lines are breached we will have reason to reconsider. Until then I expect a continuation of the correction. I have fib lines marked on the 1D chart. If the correction continues I am most...

philocrypt0 Updated 

ETH was denied a second time at the $328 mark last night. We also see bearish divergence on MACD and RSI. I think there is a chance we will see it fall back for a quick test of the black trend line around $300, although be sure to watch for action in the cloud as well. The trend line is strong though and there appears to be an ascending triangle forming on the 1D...

philocrypt0 Updated 

Similar idea to the OMG/USD chart I just posted (link below). Clear break of red line resistance from 1D chart, followed by a quick correction with a bounce from resistance turned support and top of cloud. MACD confirms with a crossover. Might be able to scalp some more good prices at the top of the cloud, but now I see an assault on resistance at $6.70. Happy trading!

philocrypt0 Updated 

EOS has been struggling for a long time, but we finally saw an explosive surge up from its slow bleed at the end of October/beginning of November. Since then it has managed to keep up above its new trend line and the bottom of the cloud. We can see an ascending triangle forming, so I think now would be a good time to watch EOS. If it breaks the resistance at $1.20...

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The OMG/USD chart shows potential for more confirmation of upward movement. Red dotted line shows resistance from down trend on 1D chart that was clearly broken on November the 8th with good volume. Price fell from there to retest resistance turned support and bounced (also happened to coincide with the top of the cloud). We are now moving up through the cloud...

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Long. Watch for candle closing above trend line, also MACD flip. Here's hoping for 8K and beyond!

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BTC has started to move back up, but I think caution is to be had here. There is strong resistance at the $6000 level, and if we make it back up to that price we have to consider the possibility of a double top or head and shoulders. As you can see, volume is significantly lower now and when we first reached $6000 compared to when we reached $5800 around October...

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Like many alt coins, LTC saw significant gains today but was unable to hold those gains on the 1D chart. Also like many alt coins, I see a descending triangle forming (black dotted line). Considering BTC appears to be falling and BTC has major influence on the crypto market, I think there is a good chance LTC will break down the support around the black dotted...