Fib extensions. Draw a high from the previous high to the bottom of it's real correction (4h retraces to the 20MA, in BTCUSD's case, work.) Now, extend to the current peak. Is it failing to retest the 0.236? Get out, prepare a to buy at the 0.618 if it holds. 0.618 holds? buy but prepare to sell at 0.382. 0.618 fails? try at 1.0 Buy at 1.0 but prepare to...
Still believe we have a few more steps lower to go. There's great 10-15% swings to be made up and down tho, on the way there. Might start getting into that We keep getting turned away at the 15-minute 50, and whenever we get above the 20 people get super excited thinking 'OMG this is it, back to a million from here' We shouldn't be looking to buy until noone...
So! What we see here is .. some thin vertical lines which is a period projection i put on over 6 months ago and is lining up both with last decembers big rally as well as with this big dip. I think this is 'the' dip. Where to? Projected down from the last hourly head and shoulders, 8800. This also lines up with still quite a bullish trendline drawn in Yellow,...
In my opinion, If you find AION an interesting investment, then Look at this hourly 200 moving average pullback for a buy entry. It is also the 0.5 of the entire move higher, and we are consolidating quite nicely around it. This is the dip you'd want to get in on. AION already bottomed when everything else did and is headed back to test 7461. If we go above...
So, Seems that verge is ready to go up again. Beautifully broke out of the wedge consolidation and the bunched up moving averages, came back to retest the breakout right where the moving average 'broke out' with it. Now it's going higher. It's as buy here and I will be doing so. Entering trade around 1417 satoshis. Targets: I still like 2827 - 3167 and...
I'm not convinced it won't go down to test if it will close above the 4h 50 yet, but I do not agree with the bearish sentiment saying "this is the road to 11k / 8k" it would take a titanic dump for it to go below 15k. Forget 14105 barring.. an IRS crackdown on private traders. Look how oversold we are, look how long the RSI has been flatlined at literal...
So, Aion decided to break out. Good stuff. We can use the fib target it broke above on it's way up as a stop, which is quite close at ~6000 Targets are previous high at 7178, but north of that we have the next fib targets: 9053 and 12087 Note that it would take quite a lot for it to got above the red trendline, so would be very bullish if it happened before the...
look at this coin. It's working to stay above the 200moving average - partly by staying above it, party by dragging it down with it. Once we open and close a candle above it, we will see a good rise in this coin, with a big upside if you're willing to wait a few months. Now, the reasy i like it today, is because of this hourly chart: Those moving averages...
Here we see siacoin having found support at the 1.272 fib. Coincidentally, below this level we should consider getting out for another pullback. Now, we're breaking out of a flag pattern. For confirmation, closes above 388 and 407 should do. Upside targets are the fibs, but most notably for now the 550-570 level, because we can identify a bullflag here, and this...
Look at that lovely bounce off the 20 moving average just as this is crossing above the 200. And a nice green candle as the graph closes above it. Qtum is a buy here, Your first targets are at 0.006 and 0.0095 We're wrong below 0.0033 Good luck :)
This is an interesting one. An Ethereum fork with better credentials than ETC, especially in terms of the team behind it. Let's look at the chart. After a deep bottom, we still see a potential for it to go x10 Expanse got turned away at the 0.236 and needs to find support before it can give it another go. I expect that support may be the 4h 200 moving average,...
EMC2 , yeah, that one, sank to the 0.236 fib of it's large rally, and held it. Now we have a bullish cross of the moving averages and a succesful retest of the 4h 50 moving average. First target is the 4h 200, then the 0.5 of the big move at 0.0001 And if we get above all of that? 0.00033 ; the 1.618 of the last big swing higher. Good luck
Support found at the 0.618. If we do one more retest of the 15minute 20 or the 0.618 fib, i will move my stop up to the fib and then it should simply continue higher, with stops moving up to the next fib every time it proves as support. closeup on the 15 minute timeframe: Above orange is bullish support. Below red i'd say is a reversal and a sell for now,...
Besides being a longterm hodl, I'd say sia is stilli set to go up as long as it stays above 344 sats. First target is 466-471, because of the fib level and the meeting of two trendlines. Second target is 521, as a bullflag projection. Third target is the 3.618 fib at 557. Expect regular dips to the 0.61fib of individual waves higher. Trading those peaks and...
In keeping with my new 2018 trading directive of holding on for a month or two in coins that may go x10 , rather than trying to swing in and out of 3% moves all day every day, Here's a look at civic. I do like to look at fundamentals a bit when thinking about longer term holds. Civic has the cards to be a lasting player. Civic has some huge fibs ahead of it. It...
So, bitcoin! Well, let's see. Crunch time right now. Let's start with the moving averages. By and large the 4h 200 moving average has held as support, since we first closed just above it after the dip on the 21st. It needs to keep doing so Right now the moving averages have bunched up for a move on both the hourly and 4 hour timeframes, with a tentative...
The only thing holding it up right now is the 0.5 fibonacci retracement level. Bearish moving average, red cloud, and a red cci all say down.
Let's take another look at target projections for TRX. We've seen a bullflag form and being broken out of. Here are two different flagpoles and therefor two different targets for it. We also see a potential cup and handle forming. Finally, there are two trendlines drawn between peaks, which would offer very serious resistance. It would be tough to get through...