Ontology Technical Analysis
Today’s coin of the day is Ontology. Looking at our daily timeframe we see major resistance has been hit at 9500—10000 satoshis. Price has broke out 8500 satoshi support and is now heading towards 7000 satoshis, could see a potential bounce off this level. However expecting price to return towards it’s breakout support zone at 5500 satoshis. Stochastic RSI showing momentum is heading towards the downside.
Nakedtrading
There Goes All The Money...
Weekly
Looking at our highest timeframe we see price respecting an ascending triangle. Next stop is 50000, not expecting our 100000 support level to hold. Market is in the middle of a sell off. Stochastic RSI showing momentum is heading towards the downside. Wait for a drop towards 50000, bouncing off our dynamic and horizontal support.
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Coin: #CLOAK
Exchange: Bittrex
Buy Stop: 55000 satoshis
Price Now: 117700 satoshis
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#WhaleAgent Targets
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TARGET 1 : 100000 (+83%)
TARGET 2 : 150000(+174%)
TARGET 3 : 200000(+266%)
TARGET 4 : 230000(+320%)
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SL: 45000 satoshis (-18%)
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Oh No XRP...
Weekly
Looking at out our highest timeframe we see price has is currently testing our weekly support. Lower High formed 10000 satoshis, expecting price to break through and find support 6000 satoshis. Stochastic RSI showing momentum is heading towards the downside.
Daily
Shifting over to our pattern timeframe we see price commuting towards the downside. Price has remained in a tight range from 8100—8500 satoshis until yesterday daily candle closing below 8100 satoshis. Stochastic RSI showing momentum is starting to slow down and heads towards the downside
Conclusion
Buy after daily support at 6000 satoshis.
XVG Healthy Correction, Long
# Weekly
Looking at our highest timeframe price has formed a lower high at 1300 satoshis, followed by another lower high at 900 satoshis. Stochastic RSI showing momentum is heading towards the downside, next support level at 500 satoshis.
# Daily
Shifting over to our pattern timeframe we see price broke it’s uptrend and is now respecting our daily downtrend. Stochastic RSI showing momentum is heading towards the upside. Expecting price to make it’s way towards 500 satoshis support. Will be waiting for daily conformation before taking a buy, possible drop towards 450 satoshis.
Conclusion
Buy after dip towards 500 satoshis
TRX, Buy the Dip!
Daily
Looking at our highest timeframe we see price has found support @ 800 satoshis, and is currently testing our 1000 resistance. A daily close above this level and expect Tron to keep moving. Stochastic RSI showing moment is heading towards the upside.
4Hour
Shifting over to our pattern timeframe we see price has broke out of it’s descending triangle and has hit resistance just below 1000 satoshis. Expecting price to retrace to breakout support level before continuing towards the upside. Stochastic RSI showing momentum is heading towards the downside.
We spend our days following the patterns, technicals and essentials of the present most sultry data about Bitcoin , Ethereum, and different Altcoins, and burrow through all the messiness to discover just the best data for our perusers! In the event that you need the best cryptocurrency to buy / news conveyed straight to your inbox.
Digibyte Correction or Break?
Weekly
Looking at our highest timeframe we see price has hit major resistance @ 500 satoshis. Stochastic RSI showing momentum is slowing down, expecting a correction towards 300 satoshis.
# Daily
Shifting over to our pattern timeframe we see price is a minor downtrend. A daily close above 475 satoshis activates our trade, a rejection from this level and expect DGB to fall towards 300 satoshis. Stochastic RSI showing momentum is heading towards the upside.
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Coin: #DGB
Exchange: Bittrex
Buy Stop: 875 satoshis
Price Now: 464 satoshis
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#WhaleAgent Targets
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TARGET 1 : 525 (+10%)
TARGET 2 : 650 (+37%)
TARGET 3 : 700 (+48%+
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SL: 425 satoshis (-10%)
We spend our days following the patterns, technicals and essentials of the present most sultry data about Bitcoin, Ethereum, and different Altcoins, and burrow through all the messiness to discover just the best data for our perusers! In the event that you need the best cryptocurrency to buy / news conveyed straight to your inbox.
Litecoin Beginning of Uptrend? Today’s coin of the day is Litecoin. Price has bounced off our $130 support zone & dynamic support. Last time we were at this price we had some consolidation for 3-4 days, followed by a breakout towards the upside. Although the market is an aggressive downtrend, 2018 may have possibly been reached. If price does not hold at this level expect a drop towards $120 , Stochastic RSI showing us momentum is still bearish. Patiently waiting for a daily close above $140 before taking any entries.
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Coin: #LTC
Exchange: Coinbase
Buy Stop: $140
Price Now: $135
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#WhaleAgent Targets
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TARGET 1 : $157 (+10%)
TARGET 2 : $165 (+17%)
TARGET 3 : $ $182 (35%
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SL: <$125>
Bitcoin Critical Point
Weekly
Looking at our highest timeframe we see price has tested weekly minor support @ $8,000. We have since retraced back up to $8,300, Stochastic RSI showing momentum is bearish. A weekly close above $8,000, and there is hope we don’t panic sell towards $7,000.
Daily
Shifting over to our pattern timeframe we see price bouncing off a potential dynamic and horizontal support. A daily close above our aggressive trendline DOES NOT activates our trade. Patiently waiting for a retest of support once price has broken our. 2018 has given us too many bull traps, extra caution will be taken. Stochastic RSI showing momentum is heading towards upside.
4Hour
Finally looking at our trigger timeframe we see price is looking to form a higher high, leading towards, breakout. However entry will not be taken until price has retraced to test for support before taking any entries. Stochastic RSI showing momentum is bearish.
Conclusion
Buy after break and retest of support from aggressive trendline on the 4hour.
Hibernating BAT, Long
Weekly
Looking at our highest timeframe we see price has formed a wammie double bottom. Price has recently struck major resistance @ 5000 satoshis. Last week left BAT was indecisive on which direction it wanted to head. This weak we have not seen much of a change. Price has formed higher low @ 4000 satoshis, however Stochastic RSI showing momentum is bearish.
Daily
Shifting over to our pattern timeframe we see price has remained above our trendline. On May 11 price went as low as 3500 satoshis only to be rejected immediately. Price has since remained in a tight zone waiting for a break. Stochastic RSI showing momentum is bullish, a daily close above 4700 satoshis activates our trade. However a daily close below 4000 satoshis leads to break towards 3000 satoshis.
Conclusion
Wait for daily close above 4700 for a long entry / Wait for a bounce off 3000 satoshis if we break toward the downside.
2018 Lows To Be Retested!!!
Weekly
Looking at our highest timeframe we see price has hit major resistance @ 80000 satoshis. Stochastic RSI showing bullish momentum is still in play, however it is slowing down. Minor weekly spoor shown 56800 satoshis. Waiting for price to further complete it’s retracement before taking a long position.
Daily
Shifting over to our pattern timeframe we see price has formed a lower high just below 75700 satoshis. Price has since remained in consolidation between 71000—75700 satoshis. A daily close above our resistance activates our trade, however if price breaks and closes below our trendline expect a drop towards 55000 satoshis.
4Hour
Finally shifting over to our trigger timeframe we see price continuing its path towards the downside. Minor resistance shown @ 70500 satoshis. Price looking to break structure and test 55200 support zone.
Conclusion
Buy after break and close above 75700 satoshis / Wait for bounce off 55200 satoshis.
Siacoin, Bearish Correction.
Weekly
Looking at our trend timeframe we see price has been rejected by major resistance, and has been respecting it’s downtrend since. Support @ 200 satoshis on the weekly, stochastic rsi showing momentum is bearish.
Daily
Shifting over to our pattern timeframe we see price forming lower highs and lower lows, no signs of slowing down on the daily. Momentum remaining bearish, support shown @ 200 satoshis. Waiting for a daily confirmation of support before taking an entries.
We spend our days following the patterns, technicals and essentials of the
present most sultry data about Bitcoin, Ethereum, and different Altcoins, and burrow through all the messiness to discover just the best data for our perusers! In the event that you need the best cryptocurrency to buy / news conveyed straight to your inbox.
Digibyte Bleeding Out...
Weekly
Looking at our highest timeframe we price has hit major resistance @ 500 satoshis. Price showing no signs of slowing down, stochastic RSI showing momentum is bearsish as well. Expecting price to drop towards 300 satoshis.
Daily
Shifting over to our pattern timeframe we see price has formed a triple top just below major resistance @ 500 satoshis. Stochastic RSI showing momentum is long term bearish with no signs of slowing down.
Next entry is a bounce off 300 satoshi, until then I will be sitting on my hands.
Conclusion
Waiting for price to reach support near 300 satoshis. No entries until daily confirmation of bulls.
Bitcoin, Next Stop $7,700
Daily
Looking at our highest timeframe we see price has attempted to pierce $8,500, however failed and has since retracted towards the downside since. Expecting price to fill wick and fall towards $7,700 sometime this morning or later this week. Stochastic RSI showing momentum is bearish, with no signs of bulls.
4Hour
Shifting over to our pattern timeframe we see price has struggled to break above $8,500. However we have remained above $8,200. Stochastic RSI showing momentum is bullish, Will not be taking an entry until a 4hour close above $8,700. A 4hour close below $8,200 and expect BTC to fall towards $7,700 / A 4hour close above $8,400, should be followed by an extension towards $8,7000 followed by a minor correction towards the downside ($8,500)
Conclusion
Buy after break and close above $8,400,* only after price has been rejected off $8,700 / Wait for a bounce off $7,700.
Tron, Ready To Moon....
\u2028Daily
Looking at our highest timeframe we see price respecting our uptrend. Stochastic RSI showing momentum heading towards upside, possible double bottomed formed above our 700 satoshis support zone. A daily close above 850 satoshis activates our trade.
4Hour
Shifting over to our pattern timeframe we get a better look at our double bottomed formed. Resistance hit 850 satoshis, a 4hour lose above 845 activates our trade. Stochastic RSI showing momentum is bullish, however short-term it has slowed down.
Conclusion:
Buy after break and close above 845 satoshis on the 4hour.
Bounce Off $7,700, Long
Daily
Looking at our trend timeframe we see price has formed a lower high just below $9,000. Stochastic RSI showing momentum has remained bearish, expecting price to fall towards $7,700. A break below this level and it will be scary for all of us.
4Hour
Shifting over to our pattern timeframe we support has been found $8,150 a 4hour close above $8,400 ad expecting a push towards $8,700. Will not be adding to BTC position until daily confirmation of support. Expecting resistance @ $8,700 followed by a small retracement.
Conclusion: Wait for a daily confirmation of support around $7,700.
We spend our days following the patterns, technicals and essentials of the
present most sultry data about Bitcoin, Ethereum, and different Altcoins,
and burrow through all the messiness to discover just the best data for our perusers!
In the event that you need the best cryptocurrency to buy / news conveyed
straight to your inbox.
EURGBP, 240, ABC PATTERNLook like we got a ABC correction right here.
Wave C just touched the support line and ready to bounce back.
Enter trade when it passes 0.8754 point.
RSI shows over sought which is signal for enter trade.
Note: this is wave analysis based on Elliot 's wave theories, which means we only analyze wave s movement
and use that for signal to enter the trade. We are not dependent on Indicators to give us signals.
If RSI shows over sought or over bought by itself, it s not a signal.
We need to analyze the waves movement first, then RSI is just supporting our analysis.