ETH completed 5 waves up, bearish div. on RSI and MACD. Volume declining. Expecting retest of 0.5 and 0.618 of HTF
Wait for retest of HTF 0.236, bearish div on RSI and MACD. Volume looking weak
Completed 5 impulse waves and now seemingly an ABC correction to 0.5 fib with another touch of 0.382 at support. Volume diminishing on recent decline and MACD coiling up to turn bullish. ABC correction did have A and B wave on same wick, don't know how I feel about that. Would be safer to wait for retest of yellow support as 0.382 doesn't seem too strong. TP of...
DOGE not looking too good here. BMSB is flipping bullish, however; Testing 100 day MA 0.786 Two HTF trendline All resistance slightly above the current price. A breakout of all three and retest of the trendline would be extremely bullish but I personally can't see it happening.
OMG another one with BMSB flipping bullish, breakout of 0.786. TP of 0.382 @ 8.271
EOS BMSB flipping bullish, break above 0.786 and volume looking good. TP of 4.00
If BCH manages to breakout and retest the 0.786 fib, potential for huge upside. BMSB looking to flip, will do at the end of this week. Breakout and retest of HTF resistance.
TEL has broken out and retested the 100 day MA and 0.786 fib, with BMSB flipping bullish. All other coins that the BMSB has flipped have had good runs up just after. TP of 0.013, TEL is a coin that pumps heavy so expecting it to smash through the support band and hit the target. 0.618 at 0.125 also, key area.
QRDO has broken out of downtrend on the daily, first time since January. Could long here but smarter thing to do would be wait for a retest as BTC currently correcting just now. Volume looking good last few days but currently testing horizontal resistance and both the 100 day MA and BMSB only slightly higher.
OB at the shaded area with support below, testing out LTF trades.
Potential head and shoulders forming on the LUNA 1D/4H chart with declining volume as the pattern formed. Top of the right shoulder looks to be in with a move down coming in the next few days, if the neckline is broken expect a retest and then move down to the low 70s as first target. Published another chart last week for a potential top for LUNA with the bearish...
BTC currently between two trendlines. Broken through the first one which has happened only twice since October, both being fakeouts . Currently testing other downward trendline which has faked out twice also. As we move into the weekend I can only expect this to be a third fakeout, maybe with a bit more volume this time. A move up to 45k would not be surprising...
ETH has broken out of downward trendline it has been under since the 1st of December. Seeing this across a lot of assets right now as we are coming into the weekend. Likely fakeouts to get people long.
QRDO broken out of HTF resistance and retested. Not expecting a big move but potential to scalp.
UOS fakeout of support trendline for the second time has now retaken as support with a hammer forming on the daily. Volume declining on recent move down. We are moving into the weekend however so PA could just chop for the two days. Bit risky but seems a decent entry.
VXV seems to have broken out of HTF trendline from when it was listed on KuCoin. Potential for massive move up here for the first time in months for the coin. However, volume not looking amazing, currently retesting trendline.
XRP hit resistance for the fourth time, expecting a move down to higher TF support.
QNT has completed its triangle pattern and has broken through support, potential move down to 96 and maybe even the bottom of golden pocket. Not 100% on this but looking promising.