Ripple has just broken up the 210-day pennant on fiat pair with good volume after having a golden cross on daily. Ratio is still in a falling wedge due to break out soon if bitcoin takes it easy on alts. DMI indicates that bulls are in control. There are speculations that more partnerships will be announced by the year end that could boost the upward price action....
Doge coin has hit the bottom for a while now and is showing signs of reversal. Hourly golden cross is about to happen. Daily price has recently crossed above the 50 day moving average which is a bullish move and a buy signal. Weekly MACD is about to make a crossover and trigger a buy signal. Add to that the rising volume. At this moment it's a no-brainer...
At this moment Bitcoin Cash price is getting cornered in a pennant and it will break out soon. It is oversold on 4h interval and both RSI and Stoch RSI are about to exit the oversold zone. MACD is going to make a crossover and trigger a buy signal. Market is still shaky though. If you hold BCH, you should place stop orders below the lower trend line (~0.13). Buy...
XLM ratio has broken the downtrend on daily interval and DMI is indicating bulls are strong. It is a good longterm investment as the room for growth is huge. Add to that the golden cross from two weeks ago. My target is at 0.00001 and will rebuy on retrace. P.S. Checkout the Swiss army knife we're building for crypto traders on Telegram (t.me) and follow our...
Technically speaking bitcoin bulls are getting exhausted judging from the bearish divergence on RSI and DMI and Tom DeMark’s TD Sequential. TD Setup on weekly will be completed end of this week with the 9 count after which pause, pullback, or reversal is likely. Correction can still stretch up until count 13 which will be the end of the year. At this point the...
After 195 days of ups and downs below the all-time-high of $0.4, XRP is finally getting ready to push through the long-term resistance and rise into higher levels. With recent good news, XRP investors are feeling more confident and bulls are gathering as we can tell from DMI indicator. Buy orders should be placed above the resistance line. Target will be the pole...
With the recent bitcoin rally money is flowing from most alts to bitcoin. ETH is not exempted from this and seems to be weakening despite its recent run. If BTC's top is in, the entire market will suffer from the drop at least temporarily before alts rise again. For now I am out of ETH and waiting for a an opportunity to re-enter. P.S. Checkout the Swiss army...
A clear inverse H&S has been formed on EOSBTC on daily chart with a great breakout volume. Uptrend is in action for a few days now and a golden cross on daily chart is coming up. Price should continue rising. Buy orders should be place alongside the rising trend line. If you want to have automated trading alerts delivered to your phone as they occur, try out...
Qtum ratio is forming a complex H&S while getting close to the downtrend line. Volume has been up lately and we could see the price breaking upwards. Pending orders must be placed right above the H&S neckline. PT would be the depth of the head (head low to neckline) added to the breakout price which will be about 0.0025 BTC. Of course this all depends how the...
Market is hesitating to push the Bitcoin price higher as bulls strength gets weaker and correction should soon be expected. Price seems to be in a rising wedge and getting close to the its end. Here you see multiple support levels for potential bounces during upcoming correction.
Siacoin has a clear bullish divergence on daily chart and seems to have bottommed. If that turns out to be the case and it keeps consolidating at the current level, within 10 days it is due to cross above daily SMA50 which is a bullish pattern and will trigger a buy signal.
With all BTCUSD oscillators at their upper extreme and the price getting closer to the upper trend line of the huge ascending wedge, it seems like we should expect a price correction soon. There is still room for BTC to reach new highs as high as $5000 or even $5100 but that might as well not happen since every player in the market is already warned about...
Status is currently in a descending wedge approaching a support zone, and being accumulated. The daily MACD is about to produce a buy signal in 1-2 days. Break out should happen soon. Since it's being traded under the ICO price it has a great upward potential.
After having 93 days of downtrend, Ripple is gearing up for a strong reversal! All the oscillators on the daily interval are currently at the oversold area and the daily price is about to cross into a new level. Add to this the fact that the daily volume has been above SMA20 for the past week. This could potentially be the bottom for XRP.
So far NEO is perfectly following the Elliot Wave pattern and could potentially form an H&S along the way. Chances are high as MACD and RSI also indicating a down trend.
A huge Cup & Handle is formed on AMD stock trend that goes back to 2007-10-15. Thanks to the new processors and graphics cards as well as booming cryptocurrency market AMD is on the rise since early last year. Moreover, trading volume has been on a continues rise. I'm guessing a lot has been accumulated by investors. The upcoming earnings report will play a big...
A Cup & Handle has been formed over a 6-week period on BTCUSD with a depth of approximately $1100. With oscillators at their extreme it's unlikely to see BTC moon but with significant volume it should moon. Target price will be $4000.