GreenDillys

GreenDillys

BNB has recently been a "safe haven" during BTC drops. During this short-lived bitcoin rally, BNB has suffered somewhat, and now looks to be bottoming out on the daily chart. The Stochastic RSI is at a value of 0, while price action remains above the Ichimoku Cloud, in addition to sitting just above horizontal support at ~0.002515. While the shorter time-frame...

GreenDillys Updated 

Since the Bitmex launch of Tron (TRX) futures contracts, TRXXBT price has steadily dropped. We've recently seen support at the 575 level, followed by a brief rally up to 609. A higher low was established, giving us a baseline for trend support. This combined with the larger downtrend line is forming a triangle, which could break either way. The downtrend angle is...

GreenDillys Updated 

Over the last two days, we've seen rising price action from BTC, but that bullish sentiment looks about to fail us. A rising wedge forming on our hourly chart indicates an incoming breakout. This looks like an ideal setup for a short position, with a break downwards from the wedge expected at around 13:00 EST tomorrow afternoon. A breakout below the 6515 support...

GreenDillys Updated 

ONT has reached the bottom of the channel it has more or less remained in since early May. Daily RSI is in the mid 30's, which is a very weak area, with a bearish divergence. Price action has also fallen below the daily Ichimoku Cloud and is forming a bear triangle. The 4 HR chart looks more appetizing, with Stochastic RSI reaching oversold levels. There may be a...

GreenDillys

Despite having experienced a massive pump on the news of a Coinbase listing, ETC still looks primed for growth. We see a nearly symmetrical triangle here on the 4 HR chart, which statistically has an even chance of breaking either way. However, if we zoom out to the daily chart we see that the Stochastic RSI is in oversold territory. The traditional RSI remains in...