CryptoMichNL

CryptoMichNL

GAME, actually great for swingtrading due to the springs in it, but also on a great pace right now. Did make some fakeouts on the bottom and above, but it’s forming an ascending triangle right now. It needs volume for this, but I’m quite positive. If it drops out, we’ll be seeing some sideways patterns, which is great for daytrading (which I’m doing).

CryptoMichNL

Waves, on the 30 minute chart it is. Red zone: 67k as a resistance Blue zone: 67k as a support Again it's retesting whether this can sustain as a support or not, as it's fighting the resistance line a lot of times and couldn't break it. A few scenario's possible: 1 - can sustain this level and will breakout to another height. 2 - can't break this one and will...

CryptoMichNL

ADA, not much to say. Still bouncing from the support uptrend line, in an ascending triangle, RSI turning up, MACD staying positive, so I'm guessing we'll be going up once more tomorrow.

CryptoMichNL

GUP, another favourite of mine. Really nice to swingtrade on this one. The fibonacci levels are from a bigger frame, but just let's you see where it bounces nicely. The RSI is staying above 50, this is a green signal. Als MACD stays positive as well. We may draw two support lines in this case, as it has two pretty important ones: - the top one is an earlier...

CryptoMichNL

POWR, updated chart on the 1h. As we can see it's approaching a triangle. Few red flags for this: - RSI turning down (below 50 still), so not bullish - MACD about to cross negative, which is also bearish On the other hand, if BTC doesn't break the 18K mark and stays in the ascending triangle, we might jump out of this in an uptrend, seeking for an ascending...

CryptoMichNL

Zencash, one of the Palm Beach coins! It's in bouncing zone again. Retraced big time and did make a nice bounce on the 170K support already. Expecting to do that pretty soon again, so we can make a quick trade. If it doesn't bounce, we'll be using a stop/loss below this level and buy back on a lower support level, which seems to be around the 160K zone (or just hold).

CryptoMichNL

So, as we've posted this one yesterday already, we need to update it. It's in a falling wedge and seems to have found support on the lower level instead of the charted one yesterday. In this one for a swing. If it drops down, use a stop/loss!

CryptoMichNL

BTC, while it's pretty hard to chart this one, I'm still dropping it. It seems like we're running towards leg D, as the RSI turned above 50 as well and it's breaking out. MACD turned positive, so in my opinion we'll be seeing 18.2K pretty soon again, then a small drop, before the big next leg coming up.

CryptoMichNL

ADX, sick retracement for this one. It might have found the bottom for now. TA: it's going for a triangle pretty soon. MACD a bit positive, EMA's getting close and these get closer within the next few days. As the altcoins are doing pretty well, I'm expecting ADX to break the EMA and cross it, which indicates a nice jump, as it didn't have any in the last few...

CryptoMichNL

Firstblood, or 1ST as you might say it. Very interesting territory. Retraced all the way back after the nice jump yesterday. EMA's crossed and it's now on support --> EMA. Bollinger getting close as well, which might indicate a nice jump coming soon. Also, it's in a falling wedge, which might indicate a nice jump out of it soon as well. I'm buying with a...

CryptoMichNL

Memetic, a nice swingtrade coin. This one will retest the support soon, checking if it might go up for a new leg. I'm not that bullish on this one, as on the previous pumps, it dropped down back to the earlier resistance (new support) level. If it does breakout, we can expect another pump. Reasons for negativism: RSI is not turning high or above 50. MACD is also...

CryptoMichNL

And there we have POWR, one of my favourites. It's currently almost breaking out of the triangle, possibly running to a next leg, which has resistance around 6000 satoshi, as this is the earlier support level. Key facts for this are some rumours regarding partnerships, also RSI is turning up, it's above the EMA's and MACD stays positive as well. If it can't...

CryptoMichNL

Interesting one to watch, as this is bouncing on this support level and possibly making a descending triangle. Negative thing: the MACD turned negative and might go down even more. So, it can go several ways: 1 - Bounce on this support and breaking out upwards, so we can make a nice swing. 2 - Drop down, make a falling wedge and break out upwards. 3 - Drop down...

CryptoMichNL

Well, $LSK is one of my favorite projects. Really looking forward to the future of this one, as I think it has a great future ahead and it’s one of my biggest long term bags and will be that as well. Then, let’s take a look at the 1D Chart of Lisk to see where it stands. As we can see, RSI is incredibly low, MACD is negative, but about to make a cross. Looking at...

CryptoMichNL

Then we have $RISE, which has retraced big time as well. As we see on this chart, the RSI has been on the rock bottom since beginning october (with some small jumps, but not breaking 50 --> turning bullish). I'm expecting that RISE is done retracing for now and will make some giant moves within the next few months coming, indicating that we might see altcoin...

CryptoMichNL

So, let's place $WAVES on TradingView as well. I've tweeted about this one earlier (around 2 weeks ago), but as I'm placing all my tweets on TradingView as well, let's start with WAVES today and will place around 5 more later on. WAVES did retrace all the awy back to the 50K sats buyzone (which were some nice swings if you jumped in on these in the past...

CryptoMichNL

Status Network Token, also a coin with an huge increase back in the days, when it first came on the exchanges. It seems like the retracement of SNT is finally over and we're turning it upwards. MACD finally turned positive on the Daily as well, which is a good thing. In that case we might be making a cup coming months, which we can see with some other coins as...

CryptoMichNL

As we can see on this chart, XLM fully retraced from the spike earlier in May. But why do I want to share such a simple chart? Because of the volume spikes, which I'm finding pretty interesting. Something brewing? On the earlier spike back in May, we didn't see such an volume intensity going on. In the past few weeks we saw the huge increase already and now it's...