The information that is available now made me believe that the current time is for consolidating and there'll be another leg up and another wave of adoption to binance that drove the price up again
The current price has no strong buying power, after falling off a wedge, it's just harder to regain back the bullish area, my prediction is the past support will become resistant and be retested. When it failed to do the breakout, it'll go down to retest ~50k support until then we can find another bullish momentum
Look at the multiple rejections CHZ had, this time is getting more narrower and narrower. Ultimately pinching the chart in a more narrow channel and making it seems that a breakout is immminent!
ZRX Currently retesting the resistance trend line on this flag, It seems to me that if it doesn't have enough to break from here it cant drop from the rejection from the resistance but then formulating a huge bullish descecnding triangle. We'll see how this play out friends.
Depends on the next 3 days will roll out, wheter more consolidation on the already huge ascending triangle or an actual bull sign of a regained area of 58.4k area.
ZRX is currently stabilizing for another possible bullish opportunity, I think it's less likely for the strong support line to be broken, The two white lines are my assumption on how the chart will play out, excited to see how this one unfolds...
TRB is currently struggling on a bearish red trendline. MA has been stabilizing to a steady descending trend. Here's the thing, by the looks of it, it seems to be forming a descending triangle. This heavily depends on how everything turns out. If BTC can recover its 58k place, it'll be a healthy sign that altcoins need, what I'm most assured of is that when TRB...
ONE has been on a really awesome bull run, it reaches three different top with the last one turning a descending channel until it rebounce heavily from the descending channel to a consolidation phase, the green support line perhaps is the right accumulation zone...
OMG is starting a bullish trend channel, currently is being indecisive due to the volatility of the market in general but I think as long as it respects the green support trendline, I see a good future for OMG
These are another coin that has a struggling on their resistance, I think it'll once again fall again to the green support trend line and that's where I'll be filling my bags
I Think IOTA is currently struggling on the resistance, I want to point out where I think where Iota will going which around the green line and that's where I'll buy depends on how it fall
BLZ is overall on a bullish trend since 23 February, It shows great performance along the way and shows the line of resistance that is now has turned support. I think it's reasonable for it dip currently and ill be seeing this coin and how it bounces in the future
Enjoy Chart bros. Only 1.9 Billion market cap, rank 60 currently Zcash’s main advantage lies in its optional anonymity, which allows for a level of privacy unattainable with regular, pseudonymous cryptocurrencies like Bitcoin or Ethereum. Similar to Monero, Monero sits at a 4.6 billion market cap. which suggests a 2x from here if ZEC were to move similar to its...
ZIL is on a really strong support trend line that lasts for half a year! Volumes are dropping off, maybe a chance of refuelling... :) Look at how ZIL usually treats an ascending triangle in the past, really great breakouts...
I want to point out the current BTC bearish trendline that has been opposing BTC breakout since mid march (13 march). Overall, this is still on a bullish descending triangle, as you can see theres one bear trap on a fake breakout that has bounced on the 0.382 fib retracement level, the bounce was strong but not strong enough to pass the bearish trendline....
VET, yet on another ascending triangle, previous pattern shows that this coins could prove itself over and over again of its capability having multiple breakouts. I notice how the 20D EMA aligns with the support, interesting case, I personally will be holding a lot of VET in this altcoin season. Cheers to you mate and goodluck for the altcoin season.
ZEN is on a really huge ascending triangle with an obvious resistance and has retested a supportive bullish trend. Do you know ZEN is also in Grayscale trust fund? Let's see how this coin will go on April:)