GoldBands

GoldBands

Higher lows on price and flat to lower highs on the RSI. Plus the RSI has held the 50 line since the end of February.

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GoldBands

XRP is range bound. Check out today's video.

GoldBands

BTC hit the upward slopping trendline @ 7190 as expected. Now, if that trendline line doesn't hold, then look for a continuation downward to the 2 support zones, labelled 1 and 2. The bulls are looking for price to move up sharpley as it did on Feb 6 of this year but it may move sideways for a bit as it did after the 9/15/17 low. If price does move up, monitor...

GoldBands

Icon $ICX today pushed higher through a low volume node and ended the day at a high volume node @ 2.67. There's 1 more really 'LVN' @ 3.18 and after that the next target would be a tag of the Point of Control @ 4.00. You can also see that price closed above the Slow MAs on the Guppy indicator and that the Guppy is starting to turn upwards. All bullish...

GoldBands

Lots of room to move up to the 200 period Weighted MA. Resistance @ ~9,500 with WMA and Low Volume Node (green line). The Stoch RSI also has lots of room to move higher. You can also see that the fast MAs on the Guppy indicator are crossing over the slow MAs. I've customized the indicator to allow for different moving averages and to assign different ones to the...

GoldBands

NEO has been moving up and down between 2 distinct ranges that I've highlighted on the charts. Is this the time for NEO to move back to the next higher range? I've also added some price projections based on Wave 1 and Wave 2. Let me know if you like these new line charts. I think they reduce the noise of the candles. Leave a comment below and let me know what...

GoldBands

ADA had a nice rally off the 23 Fib and crossed above the Hull and SMAs. Price has retraced a bit but is so far finding support back at the 21 SMA. Let's see if this level holds or if price will attempt to tag the 23 Fib level again. Let me know if you like these new line charts. I think they reduce the noise of the candles. Leave a comment below and let me know...

GoldBands

Vertcoin dropped lower yesterday and the first part of today but found support at the 50% retracement level as well as the 50 SMA. Price is now rising above the 21 SMA and looks like it wants to trade back up to the ATH at 10.70. Price will also have to break through resistance @ 9.71 which it could not overcome the last time. Let me know if you like these new...

GoldBands

$NEO tumbled yesterday from it's ATH to final find it's footing just above the 50% retracement level. Price found support at $63.51, the .38 fib and then crossed over the fast Hull MA which then turned green to confirm the bullish signal. Price has now found additional support at the 21 SMA although currently trading under the Hull. If price can close above the...

GoldBands

After what could have been a sharp dropoff in price, Litecoin has found support just above the $300 level (.382 Fib) and has now crossed over the 50 period SMA. The fast Hull MA has now turned green so with price rising above it, we have a clear bullish signal. Let me know if you like these new line charts. I think they reduce the noise of the candles. Leave a...

GoldBands

As I called the other day, Bitcoin dropped back to the support level at 16,611.5. Price is now trying to rise back up but there will be resistance at the juncture of the 21 and 50 period SMAs. For now, the Hull MA has turned green and given a buy signal. Let me know if you like these new line charts. I think they reduce the noise of the candles. Leave a comment...

GoldBands

Litecoin is struggling to find support at the 23% fib as bitcoin cash takes Coinbase by storm. If support is found, I would expect price to move back up to the all time highs. Tonight's chart is a little different in that I've removed the Bollinger Bands and added a 21 day Hull moving average. The Hull moving average works really well in volatile markets like...

GoldBands

Ascending Triangle was broken last night with a big sell-off. Price declined sharply and found support at $8.61, a previous support level. The Bollinger Band also provided support and price is not trading above the BB Midline, with another tag of the resistance level at $9.71 possible. If you like this post, please click the Like button, tell your friends, and...

GoldBands

The 30 minute chart clearly shows an ascending triangle. You could also call this a bull flag. The height of the triangle opening, or the 'pole' can be used to project price targets. In this case that's ~$11.31. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only....

GoldBands

The reversal pattern that I called out on the charts is now complete as price has tagged the opposite side of the Bollinger Bands. Now we need to see how much strength the bulls have and if they are going to push prices higher. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational...

GoldBands

Oh, Vertcoin, you are still rangebound. While we've had 3 solid green candles, price has not shoot off to the moon in this latest crypto rally. However, on the positive side, price has respected the Bollinger Band midline and is now trading in the upper part of the range. There are big money bulls buying up every dip. The longer the accumulation, the higher the...

GoldBands

$NEO continues to push higher, unencumbered by the previous 2.5 month range. The power of this move was fully expected, as I called out many times that the bulls were using that range to accumulate their positions. This is why I prefer to call it accumulation and not consolidation as it is an active period for the big money traders. There is now a double top...

GoldBands

Litecoin continues it's rally after the pullback to the .618 fib on the 14th and 15th of December. That pullback was a very healthy pause and allowed buyers to re-charge their positions. A move back to the previous high of $420 seems reasonable. The next target after that is at the 1.236 extension at $484.61. If you like this post, please click the Like button,...