ETHBTC showing bearish signs. On 4hr time frame - Formation of a small double top expecting correction upto 0.618 levels of fib On 2hr time frame - Formation of head n shoulders pattern RSI - showing bearish divergence MACD - showing bearish signal Expecting to touch the blue trend line, if it breaks that trend line then it could go further down.
This is update to my previous chart with more information regarding the breakout in relation to time. Looking at past accumulation phases, each phase lasts around 10 days approximately. After each peak, SC makes a new bottom fluctuating between 0.5 - 0.618 levels . After an accumulation period lasting nearly 10 days, it surges upward to make a new high. Link...
XRPBTC has been in accumulating since a long period now. It is getting good support between 0.618 - 0.786 levels. Similar pattern was seen after 2nd April peak, where it accumulated in between 0.618 - 0.786 levels too. Trend line showing good support currently Elliot wave Analysis. Wave 4 - Correction wave (A,B,C) seems to have completed now or nearing...
Golem is in long term uptrend. Its prices remains in the channel shown Currently 2nd cup formation is taking place. Red dotted lines shows possible areas of resistance MACD shows bullish trend forming. Green arrows and Red arrows shows good opportunities for buying and selling in short term In long term , its prices are bound to increase to much higher...
BTCUSD 4hrs Bitstamp showing bearish divergence, RSI is still in oversold region a bit. It will try to bounce of the fib levels. Check out the bottom blue horizontal line on RSI indicator, once rsi touches that, it should indicate the bottom of the dip and move back up again.
Belacoin has been dormant ever since its last rise in April. SO here's some price projection for Belacoin lovers Its been in a long term uptrend. Following the blue trend line. Its a strong support trend line. Hasn't broken it since feb 2017 except for occasional wicks After each peak, it accumulates for variable periods and make a new higher low and new higher...
DGBBTC formed a double top and dip a complete reversal on daily chart Now its resting on support level. RSI shows hidden bullish divergence = price forming higher lows whereas rsi showing lower lows.
Cup formation starting from August 2016 to May 2017 on daily chart. Handle formation beginning to take shape and extending in June 2017 1st Breakout - Nxt broke out on a huge downtrend in June 2016 2nd Breakout - Nxt broke out of a second down trend line in May - June 2017 Ichimuko TA Bullish Cloud breakout - In late March 2017 Perfect bounce on Ichimuko...
Navcoin is in long term uptrend since early March 2017. Gann Fan 1 Gann Fan line 2/1 - is an important support. Everytime price bounces of the Gann line 2/1 Gann Fan line 1/2 - is an important resistance . Price has failed to break it so far. Gann Fan 2 Price broke the 1/8 line recovering from the dip and got rejected by 1/4 line I expect price to break 1/4...
I have outlined how siacoin periodicaly goes into accumulation phases forming a wedge pattern before another bull run. Key point is during accumulation phase it remains within the RSI green rectangle zone. Once it breaks on the upside, you are sure that accumulation phase has ended. A good buying point is that it dips to 0.5 to 0.618 levels after a bullish run,...
1hr BTCUSD Bitstamp shows it has reached oversold region. It will be an area of "interest". I expect a short retrace to the blue/orange trendline till it recovers from the oversold region. After that it will make another leg for long.
BTCUSD 4hrs Bitstamp showing hidden bullish divergence with formation of bullish Penant. After testing blue support lines it can move upwards
BTC USD testing supports, if it breaks . Can head more down