Looks like btc might continue downtrend short term
Gas broke through the consolidation pattern yesterday and is spearheading upwards exponentially on high volume. wait for the pullback or consolidation!!! getting in at this phase is a terrible idea. RSI is extremely over extended in every time frame. Ill update this idea to show whether there is a pullback or consolidation and when might be a good entry point as...
BTC breaking down is shortterm upward trend to continue its midterm down trend. The recent small rally made by btc futures looks notoriously like a short squeeze which means the most prominent cryptocurrency is far from out of the woods in terms of recovering and looks to continue falling.
BTC testing lower support line for the 4th time, could go south if this one is broken. This looks like a classic short squeeze after bitcoin futures closed. Short sellers buying back sold btc could possibly be a bull trap.
Enjin filling a falling wedge pattern with a nice breakthrough (diverging RSI the, whole shabang). Look for good short term long opportunity
IOST has been in a slide ever since it failed to fill in the falling wedge and seems to have found a bottom at 580 region and has broken through the downward channel with heightened volume. Keep this one on your radar as it looks to be reversed into an uptrend
XLM showing bullish moves and has been moving on a nice uptrend. Possible long setup during pullback to the trend line. It seems to have found a ceiling at 6500 so that looks like a good place to close it.
VEN is at a crossroads now which will give insight as to whether it will continue its bull run or transition into a sideways or downwards market. These are two intermediate trend lines which ill be looking at to determine where the price action is headed. If it sticks heavily to the trend line and crosses under it and the strong support its found at the 54 levels,...
So WTC has filled in a bearish broadening wedge which looks very much like the first ascent we made breaking through the first broadening wedge in what was the first wave. At current price levels we are currently touching intermediate trendline (possible entry point) and will likely bounce back into the tip of the second wave making a 162% increase from the first...
EOS/BTC with ascending triangles also forming a cup and handle but hasnt broken through ceiling yet. Look for confirmation passed resistant point since it could go much higher with a breakthrough
IOST jsut gotr released to Binance and made a perfect elliot wave after making some correction waves it seems to have filled in a nice falling wedge. Its sticking to the higher resistance so watch out for a high volume break upwards from levels shown above to confirm possible higher highs.
BTCUSD has been in a downtrend essentially since bitcoin futures have started. As you can see by the downward channel from the 20k-17k peaks and the more short term channel from 17k-13k peaks. I personally think it will continue downward short term and touch long term uptrend at 9k and 7k. But on the off chance that it breaks above its short term downtrend, it...
MYMMF canadian cannabis company made a small breakout yesterday evening shown by my previous graph yesterday. This morning full confirmation breakout, it gaped up on relatively higher volume through heavy resistance at 2.8$ resistance. Here would be good entry for a run up, this stock might test new all time highs in the coming weeks.
MYM Neutraceuticals making a bullish consolidation at 2.7 levels and is looking for the next big move. Notice increase volume at the bottom in an uptrend. Looking to break this resistance at 2.9. If it Gaps up and breaks pennant increased volume it could reach new all time highs.
Watch for possible breakdown
BTC made a sweet breakout this morning out of the wedge with big volume. Except its already encountered big resistance and looks to be forming a bearish cypher with a double top on the second high peak. It could be possible for it to return trading within the wedge range.
MTH moving out of a descending wedge chanel looking very bullish. with further confirmation could go and touch resistance at sub 29k region