


yuri72
Monero took out the old resistance at approx 0.025 with a bang on news it will get listed on Korean exchanges. It didn't bother to look back very much, just went for the moon :) In this proces RSI has formed a beautiful example of batmansears (double peak). Look for RSI to fall in the coming days and Monero to test the old resistance line. It is a horizontal line...
A week ago I wrote the most possitive scenario for Neo's price in the near future would be a neutral range. After leaving the apex of the triangle Neo formed a lower high and indeed went on sideways till today. Horizontal support broke, the drop stopped at an old peak-price. Then former horizontal support got back tested and now serves as resistance, the break of...
Six weeks ago Stratis broke a downward resistance line only to get caught in horizontal price movement. Current boundaries are around 0.001225 at the bottom and 0.0025 at the top. Still a very nice playingfield for traders! Currently Stratis price is at a resistanceline within this rectangular box (around 0.00166). A break of this intermediate line would see...
Four days ago Ripple broke out of the downward channel to ran in to an old peak resistance line. RSI recovered from oversold conditions. The question now is will the upperband of the old downward channel serve as support.. or is this nothing more than a failed break and will ripple fall back in to its old downward channel.. For me its to hard to tell right now..
Gridcoin was the first cryptocoin I ever bought. I liked the concept (supporting scientific research by selling CPU-power) and more important it was already working and not some unrealized project or worse vague promise. These days Gridcoin doesn't meet my buying standards anymore.. not enough liquidity and a modest marketcap (ranked 165 currently). Still as it...
I plan to do my analysis on coins that are on my private watchlist. Iconomi is an exception as it was a request from a friend :) About 3 weeks ago Iconomi broke the upward supportline, to get caught in a downward channel. There seems to be horizontal support around the 63 level. The upperband of the downward channel and the horizontal support cross in about 2...
Monero broke back above the old support line, but ran into very strong resitance at the 0,025 level (horizontal line). I would postpone buying till resistance breaks. For now it will move between 0,019/20 en 0,025.. great for traders not so for hodlers
A week ago waves backtested the broken resistence line, for now it hoovers on the old support line, getting ready for a new move towards 160/170 area. I'm not greedy and will settle for 140..
Neo is currently in the Apex, but with RSI going nowhere/ failing to go back up after breaking resistence, I would not buy at this stage.. a move to at least horizontal support seems very likely