Enccast

Enccast

Well, seems that our most HODLed crypto (in the last weeks) is trying to give some life signs. The orange line was a support line I drew a couple days ago believing it would bounce there following fib retracement levels. It failed and became a resistance that was now broken. The thing is, the MACD has given some signals, and the RSI has come back from the oversold...

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After a failed predicted impulse wave a couple days ago, I'd like to try some fractals this time.Besides from that, lets take a look at the MACD and the RSI. Although the RSI is still not totally oversold, it seems that the MACD is gaining strength again. The thing that makes me not be sure of a certain reversal soon, is that the latest dump has followed the...

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BITSTAMP:XRPUSD has broken down the bull flag. The last pump that took it beyond the dollar, is having a considerable correction. The actual resistance level is at the 0.88, and looking at the MACD and the RSI (still not over sold), I believe it will be moving sideways in the next hours.

Enccast Updated 

The Bull Flag I previously posted about has followed correctly. If the day closes above .95, we might have 1 and 2 waves ready. Let's see how it falls. KRAKEN:XRPUSD might be awakening.

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KRAKEN:ETCUSD is on disbelief as "pump" expectations with Callisto were torn down. Although, many people don't know what is happening, not even with the airdrop. It has not been delivered yet. DYOR. Even though, the trend is not optimistic, next support around 25 dlls.

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BITTREX:XLMUSD After the dramatic bull run we had a couple days ago, Lumen is suffering a correction. So, maybe we're falling in for wave 2, handing the opportunity to other buyers to get in. Let's see how it moves in the couple hours... Wave 2 should be completed around .34 (previous resistance, meaning a possible entry zone for short term. Not a trading advice.

Enccast Updated 

We've seen what an airdrop has done to other coins. The move is not certain. The yellow channel has been the lead since some weeks ago (again), but it looks like in the 4hr chart there is a Bearish Triangle in the move. BITFINEX:ETCUSD is oscillating on the conservative-uptrend channel, but it is compressing. If it keeps it's way in the channel, we can still...

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Beyond what it is expected with this candy crypto, BITTREX:DOGEUSD represents a great opportunity for anyone who's willing to learn TA or even to study a bit. Beyond this, there is a descending triangle on the move. Let's see if our favorite canine triangle is a continuation pattern, and breaks upwards, or if we are looking at a reversal and we're going down....

Enccast Updated 

BITFINEX:XRPUSD has been oscillating around the dollar for some days. The thing here, in the short term, is that 1USD was previously the support, and now it looks like a solid resistance. It seems neutral, but if we open the view, it might seem that there is a really, really large bull flag on the move. Let's wait for XRPs next move... It looks like a double or...

Enccast Updated 

KRAKEN:XLMUSD is preparing for another bullrun. After the last impulse wave failing to break the 0.618 level (for the second time), it is clear where Lumen has it's resistance. It will be oscillating at the 0.236 level waiting for another try to break that ceiling. If in the next run it achieves to break the resistance, the next objective will be around .50 Not...