Factom has some volume pouring into it recently. These are the signs I am acting on: Entry Signal: 4HR candle that breaks 1st/2nd resistance levels 4HR candle that breaks key resistance Exit Signal: 4HR candle close that breaks key support Note: I emphasize the CLOSE of the candle! Disclaimer: This is just my opinion so take this advice at your own...
POWER has been on a rampage up! Recently, it reached about 9k satoshis; however, now, it is pulling back and consolidating. This is my 4HR chart perspective: Here are the signals I am acting on ENTRY SIGNALS: 1HR candle close that breaks resistance/key resistance 4HR candle close that breaks resistance level EXIT SIGNALS: 1HR candle close that breaks of...
NXT is currently consolidating after making a large move upwards. I believe there is more room to go. An entry signal would be the close of a 4 hour candlestick above 1600. The next resistance after 1600 is 1800. Here is my daily chart to support that comment. EXIT SIGNALS: Could sell at the break of the equilibrium pattern support OR Sell at break of key...
ARK is testing its current support at at 38,800 satoshis. If it can produce some green candles to confirm this reversal, then it will be a great entry signal. Alternatively, you could enter when it breaks 43k and ride it to 48k test (or hold for it to break) It should test the resistance at 43k/48k. If it can break those resistance levels, then it could...
Feathercoin has recently hit a new All Time High; however, failed to break the previous resistance at 3800. (Check daily time frame previous highs and you'll be able to see what I'm talking about) It has currently found some support at the 2500 satoshi level and needs to hold this or it may test the 2200 satoshi level. I fully expect consolidation for the next...
Just some of my thoughts on GRS. A closer look on the 1 hour time frame. I believe it should consolidate a bit after this test of key resistance. If you missed the 1 hour time frame, like me, then have no fear! You just need to watch for the 2nd potential breakout on the 4hr time frame. ENTRY SIGNAL: Look for a break of 8.1k resistance and the close of the 4...
Lumen has broken this equilibrium pattern with a higher high. It is very likely to test the 491 satoshi level again and potentially even the 520 level. if it's able to break the 520 level, then you can expect an increase up to test the 550 level. The next resistance after that is 650. I'd argue this could be a VERY good entry point but you'd have to hold for...
Feathercoin has consistently been making large percentage gains. It has been following a pattern of consolidation, breaking key resistance levels, finding a new ATH, and repeating all over again! I've noticed this pattern and wanted to share it with you all. I will enter at a break of 3k. Good luck and happy trading everyone! DISCLAIMER: Follow this advice at...
Neo has been consolidating for the past few days after its meteoric spike to 60k. It has formed a bullish harami reversal pattern around 46k level. In order to stay BULLISH - NEO needs to hold key support of 45k. Now would be a decent time to buy or at the break of the next resistance level around 49k. After breaking 49k, it should test 54k, then 60k. Watch...
LISK is currently trading in this range. It will test the 12.5k/13.2k resistance levels before it can expect any large moves upward. I expect it to go upwards and break these levels due to the fact that it is holding its 50HR MA + the Squeeze Indicator is tightening up. However, the break of these resistance levels are confirmation of a large bullish move...
Civic has been on a huge downtrend over the past few months; however, it looks to have rebounded. After it's last spike in price, it was consolidating (the portion we're analyzing right now) It was trading inside this equilibrium pattern and it's looking to break the pattern UPWARDS. Expect some large upside. This is the 30 minute time frame. This signal is a...
Feathercoin is a highly voltaile coin which has been trading in this steep ascending channel. It could potentially bounce up to top of the channel. I have entered a small position at 2350 and am looking to sell around 2600. Best of luck out there!
NAV -3.52% is trading in this Ascending Channel which means you should sell at the red line and buy under the green line. The marked zoned marks the buy/entry zone. Could expect to test black line support. If falls below this support, I would hold out until it gains some footing. Alternatively, you could enter a LONG position if it breaks the upper...
Vertcoin is uptrending and has been rejected by the 0.5 level of the fibonacci retracement. Currently, it is trading in this equilibrium pattern. Looks to have found some support on the 20 MA. If it can hold its support level and break past the previous resistance, then it can highly likely reach the next level of the Fibonacci Retracement. I've bought a...
Litecoin was trading in an equilibrium pattern; however, this last candle has broken the pattern with a BULLISH signal. Next, it will test the resistance level and if this level breaks then LTC will see some size-able gains. Happy trading everyone! DISCLAIMER: I'm relatively new to trading so take this advice at your own risk. Any advice/feedbacks/comments are...
ZEC is trading sideways at the moment. This next hour candle could determine the trend (potential morning star candle pattern) If it breaks upwards the current pattern, look for price to test next resistance line. Will be on a look out for some quick, small gains DISCLAIMER: Take my advice at your own risk. Happy trading everyone! :)
Not in a position but doing this chart for a friend. Was trading in a bullish channel; however, has broken the channel upwards. The black lines are the longer bullish channel and blue lines are shorter support/resistance lines. I'd sell my POWER position till it pulls back and finds support at the black line. If it doesn't hold the black line, then it's likely...
Equilibrium pattern shaping up to break BULLISH. Would set a sell order a little under 13k. DISCLAIMER: Take my advice at your own risk, happy trading everyone! :)