Small cup and handle breaking out on MTL. Made a retracement to the 50% line and is looking to recover back UP.
TRX still following main support level and 100 MA on the daily chart. MAcd is low and very tight. RVI is starting to cross and the RSI is low. Won't take much to make it pop.
* BTC Update* Price is trying to make it out of the channel and complete the inverse H & S. Price bounced off the channel l last time and is now looking to find support on the 50 MA.
BTC failed to break out of the main down channel and 50% fib. Macd and RVI both look bearish. BTC is now looking to get support on the .618 fib level but we could see it fall back to the 200 MA at around 8500. If we don't find support at either of those levels then we could be headed pretty far back down. I'm still hoping for the market to turn bullish and will be...
TRX testing a major support level. Price has fallen here 5 times and bounced off every time over the past couple months. RSI is very over sold and price is on the bottom of BB. RVI just crossed and macd is looking to. I would expect price to bounce once again and break triangle back UP.
BTC took a slight fall yesterday but is sitting on the .618 fib which is a major support level. With the segwit news I think we could see a recovery today.
ENG looks to be setting up for a quick jump. RSI oversold and is testing a main fib support level. Last time this happened ENG made a jump back up.
ADA very oversold. At the bottom of an extremly long wedge and the BBs. Macd and RVI are both tight. With it being top volume on bittrex I would expect a quick jump up for easy profits.
GNT looking primed to make a jump back up. RSI is crazy oversold. Candles touched bottom of BB. Macd and rvi are about to cross. I could see a quick climb back up to the old support for 17%
Looks like the inverse H & S could be playing out. BTC officially broke out of the down channel and through the neckline. Next major resistance will be at 9500.
NEM coming to the end of a long descending wedge. Bullish divergence on macd and RSI. One of the few top coins that hasn't recovered yet.
XVG looking to breakout of a long descending wedge. RVI just turned bullish. Macd and BB are very tight. Look for a break out UP.
OMG breaking out of big bull flag on daily. RVI and Macd crossing. Price is above 200 MA and 50 MA is about to cross through it as well.
BTC looks to have a huge Bullish inverse H & S playing out but a Bearish H & S has formed inside. Will we break channel and head UP? or will it bounce off channel and beak down?
Possible double bottom on KNC forming. Touching on oversold line, RVI looking to cross. Main net pilot launch today. If successfully produced I would expect a big jump UP. blog.kyber.network
SALT coming to the end of a massive descending wedge on the daily chart. RVI low and just crossed bullish. MACD low and looking to cross as well. RSI is flirting with oversold. This is a great coin yet to recover. Look for for the break out UP.
XLM coming to the end of a decseding wedge on their daily chart. RVI is about to cross bullish. Price is low on the BB. Macd is negative but with a big divergence meaning it is over sold. Price is nearing the 100 day MA, I would expect it to bounce off and break out of the wedge up.
*BTC Update* Inverse Head and Shoulders is still on pace to play out. Will be watching this closely.