I'm optimistic on Optimism (OP). Bullish indicators throughout the chart. Tight squeeze impulse Elliot Wave 3 breakout possible soon in my opinion. Not only is Optimism a great project and it can also be promoted as a verb type of meme (I promote creatively on Social Media. It's still under wraps though since I'm also a Lunatic). Example: I Am Optimistic about...
Weekly Chart. Paying attention to simple support and resistance levels here for #btc . Bulls may be exhausted. Need some rest to recharge their vibes you know what i'm sayin? This would set up a rally towards the end of the year (election season) shades of 2017.
Simple textbook chart here. We have an Acending Triangle. Such chart patterns are usually an indicator of bullish continuation. As you see we are nearing the end of the wedge here...the apex. Note: ascending triangles are usually bullish indicators. #Zcash I also listed some past bullish patterns which as you can see were prominent in this resulted run.
Several reversal indicators identified on the chart. BCH is sitting now on top of the 200 day moving average and forming a bullish pennant. In addition, you will notice the 20 day moving average crossed the 200 for the first time since April 26, 2018! that was a significant bullish cycle however volume needs to drive the 50 day to cross as well. Fundamentally...
I posted a chart similar in the past. Here I focus on clear trend, resistance and support lines. RSI supports my theory as well as a quite MacD. Will be interesting how this plays out
The fundamentals look good. The technicals look good. I am a fan of Stellarlumens (XLM) here. Refer to chart for some key notes. Basic candlestick support and resistance is identified. Most importantly Stellar is testing a major resistance in a cup and handle up-trending pattern currently. Popcorn ready.
With a current market-cap of $14,849,233,828 , XRP has the potential to lead an alt-coin rally if it were to break out. I identified several bullish signals on the chart itself. In my opinion a move for Ripple here is a real possibility, watch-out for volume.
Reversal patterns developing listed on chart. Price action may be on it's way. The most important indicator= The significant volume flow in December 2018 for most of the market may have already identified a bottom. Coinbase is certainly geared up for a run and in addition Ethereum's Constantinople upgrade is a big deal. #bullish #etc $etc
Many rookie traders (such as myself last year) fail to realize the power of the "Log" button which puts these trends in a better perspective. This is especially important because crypto is so volatile. Chart here identifies potential few reversal patterns forming. If correct we have a 2019 trend line in bold. . Major resistance lines also identified. December...
Fundamental and Technical Analysis on the Chart. In addition visit BCHABC and look at the 4 hour RSI. 5 quick Elliot waves up, 5 quick Elliot waves coming down? These 2 are fighting over ownership of BCH many people forget that. Both chains do not matter they can afford a bubble pop. Technical analysis suggest BCHSV would win the Hashwar. (I don't give...
Weekly Chart Short term Bearish , Long term Bullish scenario on BTC based on a long term term cup and handle pattern. Never let your emotions guide you! We must at least consider the possibility of whether another crypto will challenge bitcoin for king in the time being as they works on fixing their network in efforts to lower transaction time as well as...
*Entertainment purposes only, I am not a financial advisor nor an expert. Do not take this chart as investment advice* DO NOT GET TRAPPED!! Zooming out on a weekly perspective, it appears the worst is yet to come for LITECOIN . MY personal opinion is we are currently in a massive Bull Trap driven by big money. I am expecting a repeat of a very similar pattern...
TRXBTC support and resistance point analysis based on a repeating cup and handle wave pattern . I theorize that TRXBTC is moving in a repetitive cup and handle cycle motion and retraces after every Elliot wave slowly all the way to the previous wave's handle bottom . You must zoom in on time frame to study it's past microwaves and you will see the exact pattern...
Personal prediction based on past TRX patterns and resistance line analysis. Recognizing repeating cup and handles here... To confirm zoom in time-wise on past microwaves which look awfully similar to December's all time high and where we are today..Pattern suggests a complete retrace of each Elliot wave dips to the bottom most portion of each previous wave's...
Judging by lower and higher resistances I recognized a very repetitive cup and handle pattern at play. This suggests we are bound for a Tron dip before a breakout of wave 3 begins. Gold about to rise may confirm this dip