CryptoLife71

CryptoLife71

BTC fighting resistance again on the down channel. Patiently waiting for this baby to break back up so alts can begin recovering as well. It's still underwater though so I would wait for a clear break up before entering. t.me

CryptoLife71

RCN formed a flat top ascending triangle. MACD looking to cross over. Rsi is in the middle. I would look for volume to increase leading up to a break out UP.

CryptoLife71

TRIG coming to the end of a descending triangle. I would expect it to break with btc.

CryptoLife71

Massive cup and handle formed on NXT daily chart. Retraced to the .618 fib. As long as BTC doesn't crash today I would expect it to bounce off this fib and start it's path back up.

CryptoLife71

SNT coming to the end of a falling wedge. I would expect to see a pump up out of this.

CryptoLife71

BTC bounced off the channel and is headed back down for now. MA's are still bearish and the macd is crossing back over to bearish as well. With futures ending tomorrow it will be interesting to see whether the H & S plays out or not. I would expect a steady decline into tomorrow either way.

CryptoLife71

TRX coming to the end of a 3 week long symmetrical triangle. MACD and RSI are flat. Same with the MAs. I would watch for a pump on this one.

CryptoLife71

VEN looking to complete a full Elliot wave. Each time it hit a new ATH and then retraced to the .618 fib line. If it continues this pattern the next target will be 133k. MACD looking to cross over and MA's still bullish. With hype behind it, re branding next month and just all around great tech I would expect to see this wave play out. *Original call was 37k sats*

CryptoLife71

Poe has broken out of the triangles on the 1hr chart. MACD officially crossed over and the 20MA is doing the same thing. You could wait until after this candle closes to consider it solidified or enter now with a stop loss. ( you should always have stop losses set anyways)

CryptoLife71

With a big symmetrical triangle formed on the 4hr chart with a mini descending triangle forming inside of it. I'd watch for 20MA to bounce off the 50MA and the cross over of macd then a break out.

CryptoLife71

Bearish H & S has formed on BTC again. On the left you can see when it happened a couple of weeks ago and then fully played out. From peak to neckline was $4000 and then we saw a $4000 drop right after. From peak to neckline on this one is $3000 which would put us around the $7k-$7500 price range. This would match up perfectly with the 231 MA on the daily chart...

CryptoLife71

All the symmetrical triangles today!

CryptoLife71

SUB coming to the end of a symmetrical triangle. I would wait for a beak out to enter.

CryptoLife71

XEM coming to the end of a long symmetrical triangle. With BTC going haywire definitely wait for it to break out before entering.

CryptoLife71

Bitbay has found a nice up channel. Macd looks great. Rsi is flirting with over bought but with enough volume it will keep rising.