LSK looks pretty nice at the moment. RSI looks great but Stoch indicates a drop (probably back to the support line) before more upside.
So in my last BTC chart I called 3K around the end of August and 4K by the mid of October. Things escalated super quickly though after the hard fork and segwit approval. Since then BTC has been a megabull the likes the world has never seen. So looking at the chart everything looks pretty amazing. The cloud support is strong and increasing. The lagging span looks...
RSI looks decent, Stoch indicates a fall before more upside. It's got the volume. Let's be patient and see.
Monero boomed hard last night. This is why I have bags in XMR, not only is it one of the best cryptos, it just has soooooo much room for upside. In my last Monero chart I called a bounce at 0.0130. I was VERY wrong, but I believe this was mostly due to the craziness of the BTC spike. If you look at the chart, my outlined support zone is actually where it started...
Possible pennant forming in ZEC. Indicators look decent, just need volume at the trigger and we could boom. Zcash is one of the big pump coins so it could go very high.
Looks like it's almost time to take off. Pennant forming, RSI is strong, Stoch indicates a fall before take off. We've got good volume. I have indicate what I think is a good buy zone.
Looks like BCC is trying to complete a cup and handle. Everything looks good. Fingers crossed for more moon.
I have never charted NEO before but it is definitely on my radar now given its recent meteoric rise. Cloud support looks good, but Stoch shows overbought and the RSI looks to be weakening. I expect one of three things: 1. A dip back to Support 1 before more upside. 2. A fall back to Support 2. If this happens I fear that Support 1 will become resistance and the...
I hope I'm wrong about this but it looks like LTC could continue to fall, at least to the 50% fib line, but perhaps more likely (with the continuing rise of BTC) we could fall to the 38% fib level. Ichimoku and RSI look like shit. Stoch shows potential for upwards movement, but I think we would just hit resistance and fall again. But let's see. I still think LTC...
Large falling wedge formed. RSI very strong. Just broken above the Ichimoku cloud, bouncing off previous resistance. Could be on the way up again.
ETH is looking to breakout of this triangle. Stoch shows oversold, which could indicate upwards movement. However, the RSI is weakening and the Ichimoku lagging span looks like it could cross down soon. I have outlined two scenarios I think could happen. 1. ETH drops a little more to previous support and then the RSI begins to strengthen and confirms reversal....
XMR is struggling at the moment. Stoch indicates oversold, but Ichimoku and RSI look like shit. I'm expecting the RSI to turn around soon and confirm a trend reversal. I have outlined a support/buy zone. But a buy won't be confirmed until the RSI improves. If the lagging span crosses and RSI improves that's a very good signal. I can't conceive of a world where...
As most of you know, I love SC. I think the product is solid and I think it has a great future. But we cannot make big investments based of emotions and feelings, there has to be a large amount of logic and analysis. Right now supporters of SC need to overlook appreciation for the product and look hard at the trends. We are at a very critical juncture right now...
Monero looks like it's going down. Facing big cloud resistance, lagging span falling. RSI weakening. Stoch shows a potential for some upside before a fall.
Massive falling wedge forming. RSI holding strong. Stoch is almost oversold and supports upwards movement. Bollingers and Ichimoku support up movement.
LTC is bouncing off previous cloud resistance. RSI looks good.
I think we could hit somewhere near the top of the bollinger bands and then fall back to escalating support. But at the end of the triangle who knows what might happen. Looks like >270 sats is a good buy.
Longer term thoughts on BTC with the FUD of August 1 factored in. I think it could go one of two ways: 1. Bitcoin is relatively unshaped by the developments that occur on August 1 and continues a slow rise to take out the ATH in the next month or so. 2. August 1 rolls around and people start freaking the fuck out. Tons of FUD. BTC drops way back down to previous...