Observations: We have lower highs of late We have not had a higher high, we are waiting for the daily green candle to pass the previous green hight of 6838 We have immediate resistances, horizontal resistance, wedge resistances and trending resistance The pressure is downwards (selling) with the higher lows but the lower highs give the bulls a chance towards the...
What is the price for that hard drop to be followed by a bounce? I'm posting up the price range from a historical perspective and recent support lines. Observations: BTC - has more downward trend and the weekly BTC charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction (like a symmetric triangle)....
What is the price for that hard drop to be followed by a bounce? I'm posting up the price range from a historical perspective and recent support lines. Since bounces happen very quickly, one must put the buy price in before it happens and then sell at the bounce top for a quick short. Observations: BTC downward trend but the weekly charts show since August we...
What is the price for that hard drop to be followed by a bounce? I'm posting up the price range from a historical perspective and recent support lines. Observations: BTC - downward trend but the weekly charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction. EOS like NEO is move alike as per BTC,...
What is the price for that hard drop to be followed by a bounce? Im posting up the prices from a historical perspective. Since it happens very quickly, one must put the buy price in before it happens and then sell at the bounce top for a quick short. Good luck
As you can see the resistances and support over the month of September. We have hit the overall merging wedge upper resistance and horizontal resistance. We also have rejection at these resistances and have on the 4 hrly chart higher lows which will indicate the easier path is downwards. Its anyones guess what will take place next because XRP has driven this bull...
Observation: - The RSI (4 hrly) is currently well above the EMA\MA 20 - MACD is in neutral zone - Important resistance levels: $0.62, $068 and $0.79 - Important support levels: $0.52 and $0.58 - 6 hrly chart, healthy pullback (over the weekend) - very high volume in buys and sells - Volume selloff lower, over the weekend - have green candles to create...
1 day candle sticks show we had a healthy pullback and have not yet reached the peak for a reversal\sell off (on the RSI). We have not hit the few major resistances I'm still bullish as 7000 is the expected target before a reversal. Take note of the RSI chart and its peak coinciding with sell NOTE: I'm using my new wide screen to accomplish more details into...
NEO has had a hard pullback. 4 Hrly chart indicates we have had higher lows and is bearish. However we have not hit the peak resistance for this period of bull run which is above 20 but lower than 21. The volume has dropped off the green candle sticks probably because its a weekend. Next week will be volatile and it will be interesting to see if we hit the peak...
Observation: - The RSI (4 hrly) is currently well above the 55 level (60%) - MACD is in the bullish zone - Important resistance levels: $250 and $255 - Important support levels: $230 and $235 - Major resistance zone: $290 to $300 - Healthy pullback over the weekend - Volume selloff lower over the weekend Summary: All positive signs indicating more upside movement...
With the bullish market sentiments, there is still more ups to go for DASH. The diagram is self explanatory where yellow and green are support lines and red being the resistance lines. Important notes: -RSI comes more important when its a bullish movement. Note the RSI chart and points of entrance and selloffs. -222 will be the main resistance Note: It is in the...
NEO is gaining ground (upward trend) without big % changes. It has been observed that it loses more % In the downtrend than the likes of BTC. Observation: - A number of resistance lines have been observed and outlined in the chart - 1 hrly chart demonstrates a symetric triangle formed and a recent upward break just falling short in the long term resistance...
At this point i see more sideways movement into a symmetric triangle squeeze before moving up another notch to the next (red) resistance band. Assuming BTC still has sideways trading or bullish movement.
Very similar to BTC. Observation: After the dump the bounce has not been a good\strong follow through. Volume is dropping off. The 4 hour chart require the bulls to see bounce continuation but its running out of steam at the 215 range which is now the resistance. ETH has had a better recovery than BTC The last drop was expected but was it a healthy pullback?...
Observation: After the dump the bounce has not been a good\strong follow through. The drop was more than a healthy pullback in my opinion. The 4 hour chart require the bulls to see bounce continuation but its running out of steam at the 6380 range which is now the resistance. The 4 hour EMA resistance still on top. RSI approaching the same level when a sell of...
NEO has a number of hurdles to overcome as we recently observed a strong rejection when it hit the first major resistance. However the 2nd attempt was not taken as a strong rejection so it will soon be overcome to go to the next resistance. Depending on the volume follow through, it can either break past the next resistance (red lines) at 19.33 easily or get...