Andy_N

Andy_N

Hi all, just want to point out a possible trade, btc is trading in an ascending triangle, but on very low volume. RSI is heading downwards. Personally I'm not thinking it'll break the resistance soon, but then again a nice trade might be forming. I personally am aiming for 8150 for T1 opening a short then for 7.7K then a long for 8.3k short 7.4k and continue...

Andy_N Updated 

I've been following this for a few days now, BNB seems to be trading in a textbook ascending triangle. Volume has been diminishing the further it gets along the triangle. Volume also picks up a bit on the moves up. RSI not overbought, starting a nice slope up. Candlesticks printed three white soldiers, so a bullish pattern. Furthermore it has been in an uptrend...

Andy_N

LTC is desperatly trying to make a move out of the falling wedge it's been trading in the last 2 months, but I fear it is lacking momentum. By hopping on the BTC ride yesterday, we saw a nice bump in the volume, but it can't seem to keep that up today. The good side is that the price is slowly moving up, to test the downtrend again and RSI is still close to the...

Andy_N Updated 

So my thoughts, last 4H close was a graveyard doji, representing that bulls didn't want bears to advance, Volume is still picking up, more on the downside. RSI giving a descending price momentum, keeping up with a trend Price is hovering on fib line, trying to break trough Descending triengle giving a pause to the bears, not pushing the price lower for now If...

Andy_N

Just an idea, but don't you feel like the trend is slowing down? The last few stages of the overall downtrend have been playing out between the regions of the last peak before 6th of Feb and the low of the 6th. Since then we've actually been moving nicely in a channel, reaching lows now. A cooling down period after a new ALTH wouldn't be unusual. a 6+k low...

Andy_N

So, did a TA on the D for EOS/USD, The last days, the Dojji's seem to be linging up, got almost a bearish tweezer... Guess bearish it was and still is. Though increasing volume, price doesn't seem to break the trendline and is touching resistance all the time. You know what that means, watch out bulls, bears are incoming, you can fight, but you'll run :) So...

Andy_N

This is my first publishing, so hello readers :) As far as I see BTC is trading in a narrow channel the last few days and running up to the resistance trendline set at the December high. Price action seems to react to the D25 EMA, but during the last 5 days, price action was really close, not ready to give an inch either way, same with the volume. Bulls and bears...