Neo Looking to Break Out of Consolidation - 12-12-2017Neo looks like it's poised to break out of the consolidation range in early trading.
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Hadelta
LiteCoin Explodes! 12-12-2017In the early morning hours (in California terms) Litecoin went truely parabolic and blew past all my prior Fibonacci projections. At this point, most technical indicators become worthless. I've removed them all from this chart and have a single Fibonacci retracement set at the 2 day breakout range. Let's use this to gauge where price ends up today and what actions we may take in the coming days.
For me, I'm HODL! :-)
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Cardano Slips under the BB Midline - 12/11/2017ADA slipped under the midline of the Bollinger Bands, which is the 21 day moving average. Although that is not a great sign for the bulls, so far price has respected the support level of 689 Satoshis. The haDelta though is still very much in the red. The Bollinger Bands are also really wide apart and we may need some time for them to contract and create enough pressure for the next wave up. Finally, price is also ranging within the large green candle from 11/28/2017.
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VertCoin Moves Sideways - 12/11/2017Vertcoin continued to move sideways, dancing between the BB midline and the upper line of the 50 day BB (yellow line). Not much to do here but sit on our hands and wait. I'm HODL.
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Neo Continues to be Rangebound - 12/11/2017$NEO continues it sideways consolidation. One bright note for the bulls is that price did just barely close above the Bollinger Bands midline.
Notice that the BBs are starting to narrow. Ultimately this is good for $NEO as price is gathering strength before the next move up.
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LiteCoin breaks Strongly to the Upside - 12/11/2017Yesterday I said that LiteCoin had found support at the .618 fib and was ready to either consolidate or move higher. Well, today it shot to the moon! It made mincemeat out of the $210 level and closed high above the Bollinger Bands.
My next target is $301, which is a 1:1 extension from the 2 day rally last week.
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Litecoin Tags 618 Retracement and Rejects It - 12-10-2018Litecoin consolidated today after 2 huge breakout days. Using the 2 breakout days to draw a new fib, price tagged the 628 retracement level and so far has rejected moving lower. The next bullish move would be for price to close above the 382 level @ 159.75.
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Neo Respects Support Levels - 12-10-2017Neo continues to respect support levels but has done little else to advance. On the positive side, the haDelta has crossed over, giving a bullish signal today.
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Vertcoin Consolidates ahead of Mining Halving - 12-10-20173 tags of the Bollinger Band midline and each has been rejected. Price continues to consolidate ahead of the mining halving.
Today there's a bullish crossover signal on the haDelta.
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Cordano continues to consolidate - 12-10-17ADA continues to consolidate at support levels. Unfortunately, there's not a lot of room between here and 0. With the great story that Cordano has to tell, I would think that the bulls would step in and buy this up at firesale prices.
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Cordano Finds Potential Support - 12-8-2017It looks like ADA has found support at the previous resistance level. Plus price is now forming a strong reversal pattern with the strong red candle down followed by a small green candle up. This could be foreshadowing of a nice reversal to the upside.
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NEO Consolidation Continues - 12-8-2017Neo continued to consolidate, even as many other altcoins broke out of their ranges. One sign of strength is that the lower BB continues to hold along with the magenta trend line.
For those long term investors like myself, let's have confidence that every day there's excellent news on the strong foundation that $NEO is creating. I think it's only a matter of time before the breakout happens.
Until then, I'm HODL!
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Litecoin Breaks Out in Dramatic Style - 12-8-2017Litecoin dramatically broke out of its 2 week range yesterday.
Notice how the high of the day (12/8) tagged the 1.272 extension I had drawn from the bottom of the previous low to the range's high. Price then closed right at the 1:1 range extension at 127.56.
Next target is in the 204.26 - 209.71 range. This is the confluence of the 2.618 extension from 2 prior ranges.
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OmiseGo - 12-3-2017Price is continuing to consolidate in the upper range. I see a very clear cup forming. I've drawn in one potential scenario for future price movement .
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Vert - 12-3-2017Wild doji yesterday as Vert hit a new all time high at $9.43. Now it looks like price wants to consolidate under the .23 fib extension. Support likely to form at 7.00.
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NEO - 12-3-2017Price continues to be range bound while respecting the BB midline. haDelta is bullish.
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LiteCoin - 12-3-2017Price just missed the 108.3 target. With 2 doji candles after the big move up on Friday, price may consolidate in this range over a few days before moving higher. If price starts to move lower, look for support at the Bollinger Band mid line.
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Neo - 12-2-2017Neo continues to be range-bound as the rest of the crypto market goes higher. The breakout may not come until next year. But for myself, this is a great time to stock up on Neo.
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Neo - 12-1-2017If the magenta trendline holds, we will have a good support level. Let's us the midline of the Bollinger Band to see if price will continue to rise and make all new highs.
Vertcoin - 12-1-2017The pullback to 4.5 was perfect as price hit the .618 retracement (and the middle Bollinger Band) and then immediately rebounded. Price now looks like it's on it's way to the all time high and potentially break out to all new time highs. $8 is a good first target.
Crypto Outlook - TenX - 2017-11-27After a long 2 month consolidation period, is TenX about to break out? First target is 3.08.
Crypto Outlook - OmiseGo - 2017-11-27It looks like strength has returned to the hibernating OmiseGo and that price is ready to ride the Bollinger Bands to the previous high!
Crypto Outlook - Vertcoin - 2017-11-27Vertcoin continued to consolidate today but stayed well above the bullish flag formed from the last consolidation. You can see that a move equal to the height of the flag gives us a target of 7.89. This would also be a 1:1 move from the last wave up.
