A huge volume growth moved the price till the upper edge of the Triangle. Then the price broke through it and passed 0.618 Fib resistance line however then volume reduced significantly and the price went down breaking the ascending channel down. As we can see there are 2 options now. The price can go to the upper edge from the current point as Stoch RSI is very...
We detected the Cup&Handle formation. Technical indicators are still bearish. Nevertheless this coin has a great fundamental basis. Moreover, the price is above Ichi cloud and Stoch RSI is in oversold zone. We recommend this coin in the short term.
We carefully track ETH since its dump to $580. Our analysts team thinks that the price will head to the Fib 0.618 level from which there will be a rebound to the upper edge of the triangle. There are two reasons for this scenario. Firstly Ichimoku cloud is now a strong resistance for the price upward movement that is why it should consolidate a bit more to break...
The price returned to the channel because of Cup and Handle was formed we expect a break out of it soon, as fundamentals of this coin are great and technical indicators Williams Percent Range (14), Commodity Channel Index (20) and Hull Moving Average (9) confirm this. Buy in suggested range and sell 70% at the first target. Risk is medium due to possibility of BTC...
BTC price movement may copy sine line. Technical analysis (Triangle pattern) and Fundamental analysis (a lot of good news about adoption and regulation of BTC) confirms this scenario. However, BTC price falls dramatically each January and recovers from mid of February till April. Currently situation is pretty bad as the price went below Fib 0.786 support level and...
Moving averages and Momentum indicates a good moment to buy, the volume is also rising it went above $500 bln. first time during this February. The price reached Fib 0.618 and didn't managed to break through resistance. However price consolidated and bounced from bottom edge of ascending channel near the strong support level of $10000. We expect further volume...
The price movement went out of the triangle and formed the XABCD pattern. MACD (12, 27) and moving averages indicate a further growth. The price can form 5 Elliott wave pattern if it bounce from the Fib 0.5 support level. We will carefully watch this coin and provide you with all updates. For now it is a good trading opportunity.
Momentum (10), MACD (12, 27) and Stoch RSI indicate a good buy opportunity. So do simple and moving averages (10, 30, 50, 100 and 200) while Ichimoku Cloud Base Line (9, 26, 52, 26) is neutral, hence the price does not have any significant resistance. There are a lot of good fundamental news that will increase the price in the following month. We recommend to buy...
The bottom line of the triangle is the support that was tested twice, currently the price is near this level and should bounce again from it. This will be a fifth Elliott wave which will break the Triangle upward. We expect a significant rise of this coin as its fundamental basis is decent as well as technical. It has been recently added to Bittrex and we waited...
We detected a possible H&S formation. The price is currently below the Ichimoku cloud while Stoch RSI indicates oversold zone, volume is rising, hence the price will go up to the upper edge of Ichi red resistance line. Then it will go down finishing H&S formation as Hull Moving Average (9) and Exponential/Simple Moving averages 200 indicate sell time. The price...
The price has overcome Fib 0.382 resistance and is on it's way to form Cup&Handle pattern. Stoch RSI indicates overbought state, wait till the price consolidates a bit and buy for a short term trade. Alternative scenario is Double Bottom formation but this will only increase timeframe of the signal. Fundamentals are good and the most of indicators (Bull Bear...
Pessimistic scenario was rejected, we have a lot of market recovering signs. The price managed to survive bear pressure. H&S pattern wasn't finished. At this moment the price should consolidate in the channel and if it bounces from $8500 level a reversal and further growth will happen. However it will be a fifth wave of growth and there is not enough volume to...
The price moved accurately like we predicted in the previous analysis. However, there is an opportunity to form H&S pattern as there wasn't sufficient volume to overcome the resistance of $9000. BTC is at a critical moment: right now the price can move in two scenarios with equal probabilities. It is below Ichimoku cloud and the red line is above the green line...
Double bottom is forming right on the Fib support level, while the price is above Ichimoku cloud. Moreover Stoch RSI is in the oversold zone. We expect a short term growth to the 0.000715 BTC. Stop loss is below 0.000560
On the 1-hour chart we can see that 5 Elliott impulse waves were followed by ABC correction waves pattern. After this Cup & Handle pattern is forming. Right now the price is above Ichimoku cloud moreover the green line is above the red line right in the place of handle formation. Moving averages and Stoch RSI indicates oversold zone. Combining with a strong...
The price broke Fib 0.382 resistance level and is consolidating now forming 5 Elliott impulse wave pattern which will move the price out of the triangle. Stoch RSI confirms this scenario. If this happens then XLM will grow to the next resistance level of Fib 0.236. This asset has a great potential and is going to return to the previous heights. Buy only when the...
BCC moved in the descending channel 20 days and finally broke out upward. Oscillators and moving averages indicate future growth. Resistance of Fib 0.5 was broken. The price will move to a higher levels of trade after a small consolidation
On the 1-Day time frame we have a very optimistic scenario which indicates a growth in this month. The asset skyrocket in June and was in descending channel till the end of December. When it found the support the price went up in 5 Elliott wave pattern this was followed by Elliot ABC correction wave and stopped at Fib 1 support level around 0.000399. Oscillators...