Looking for support at .5 fib. If it dips below, then I'm expecting it to hit around the .786 fib because that was it's support before the pop on 5/21.
For the past few days, Bitcoin's and Ethereum's charts look identical (mirror images of each other). Any ideas why?
SC looking for support around 0.00000289 BTC. I wouldn't bother buying it yet until we see more progressive movement. Look for it to flatten out as I pointed out with the arrow and stay above the .289 fib. If it decides to drop, I'm thinking 0.00000209 BTC will become the next support. Until you see solid support don't buy.
There was a lot of big news for Ethereum at the Consensus 2017. Following all of the good news, we see that the price of Ether followed suit. I have drawn (in black) some important trend lines to make note. The Ethereum chart looks beautiful in such that it plays perfectly with the fib retracements. We see a strong upward momentum by looking at the lower trend...
If you're making daily (maybe weekly trades) then this might be a good time to buy DGB. We have this up trend going and as of now it hit that exact trend line and created a little pump. Now it's back. Buying anything in the green circled area in hope that it continues on that trend would be a good idea. I have actually bought some myself at the green arrow mark....
I think this might be a good time to buy STR. We can see that it has stabilized and the bands are starting to pinch in. We also see some rejection in the green circle highlighted on the chart. If you don't want to take chances, wait until it breaks 0.000026.
Siacoin has seen some big gains. As of now I don't see going up further just yet. We're looking at the 0.382 fib being key because if it stays above that line then it can provide support. However if it falls, it could potentially reach .618 or .786. I don't suggest buying, selling or shorting just yet. As of now, we're looking for support.
Highly bullish on STEEM and have been for a while. I think Steemit has great potential moving forward, especially since the user base is constantly growing. For the past few days we've seen slow but steady upward movement. We see positive volume and MACD is showing upward momentum as well. I think we'll pass 0.236 fib and we're either going to keep going or...
All (positive) signs shown in the chart point to a breakout pattern!
Siacoin has had some substantial growth the past few days. This chart shows some entry points as to when might be a good time to buy. I've showed the entry points with a green arrow. Wait until the candles hit 0.5 fib and bounce back. If it does, then it would be a good idea to buy some here. However, I'm thinking it can dip below that and hit the 0.618 fib. So if...
STEEM finally hit 1USD and is still going strong. Volume spikes and MACD shows continuous momentum forward. Positive signs for growth.
Both STR/XLM and XRP are having a breakout pattern. They've been a bit dormant the past few days and it's time for the breakout as Bitcoin is slowly consolidating after a strong bull run. MACD shows a strong change in momentum upwards with high volume. I'm looking for 0.000025BTC soon.
Steem community is growing day by day! I see that it found support at round the 0.618 fib level however I'm still not convinced on the upward trend. I think it's going to either bounce between 0.618 and 0.5 for a couple of days or start to climb. However I'm not expecting substantial growth quickly (which is a good thing!). This would be a good time to buy and...
Ripple is looking like it is starting to move in a positive directing. Moving Average starting to climb, positive volume, MACD is about to cross so the momentum is changing upwards, and some strong support at 0.382 fib. I'm expecting the bands to open up showing high volatility if the price ends up breaking the 0.236 fib line. Chart is on a 4h interval. Do your...