If we bounce here at 9100 we might have a potential head and shoulders in the making. If so, look out for a lower high compared to the head. So around 9700 9800 it should top out and start declining again. This is far fetched right now but still a possibility to keep an eye on. Following the sentiment at the moment we have a good chance to go lower today and...
Let's see if LTC can form a higher low here on the 4hr. When established I'm going for the upper green box with alarm setup and check if there's more upside or resistance. Maybe using trailing stop but definitely locking in profits if LTC gets there.
It looks like EOS is counter trading to Bitcoin and acting like every other digital asset. This is something I didn't expected considering the bull state EOS was in. But apparently it was time for EOS to come back to normal levels before opening the gate to higher levels again. Right now we see that the bullish TK cross is quickly making a u-turn for a bearish tk...
Eos had a magic run last week. It was anticipated but still it's crazy to see how these assets can reach those high levels in a short period of time. Even if assets have nothing to show for. EOS still needs to prove it will be worth anything but with the mainnet launch coming in a month we will figure this out soon enough. Back to the TA part. EOS needed a break...
These times it's pretty difficult to chart all these tokens against USD with BTC going up and down around $1000 in a day. If I look at LTC it seems that we completed the 5 wave structure up. It could be that the first wave up started at the first of April but I'm going to assume this was a small test before the real one starting on the 11th. After completing the...
I have to admit, i never look at the Ripple charts. But hey, yesterday I saw everyone turning bullish on this centralized asset so dont mind me checking this out. What happened this morning (morning for me) to XRP? Flashcrash? Why is nobody talking about that.. XRP dumped from 0.82 to 0.5 or is tradingview messing things up here?? Anyway yesterday I followed...
The last couple of days where pretty nice to say the least. After some bullish days like that it's time for a retracement, a pullback. As we humans are not able to predict the outcome of the markets we can and should always try to figure out what could happen next. As you can see all oscilators need some time off to reset. MACD is turning bearish as well as...