keeping it super simple here. Market is in a dump but Vechain is in a good buy zone if you follow the long term trend line.
LINK is showing room for huge improvement. I am still waiting for the day when these useless projects lose all support and money is used to support real projects instead of just pump N dumping. We aren't in that mindset yet but right now BTC is losing some dominance and Ethereum is snatching it up. Which in turn is opportunity for good ERC20 coins to grab traction...
I don’t know if I can really call this TA but I happened to notice the eerily similar pattern on the weekly chart. Ignore the mess and check out the red circles I have drawn. Is there something here? XRP is 62% of my Altcoin portfolio so I hope so. Let me know if you have any thoughts on it in the comment section.
KHC has been in a falling channel for 4 years. Then finally with a strong bounce off $20 it has broke through the channel. At this point watch for the upwards weekly close over $35. There should be very little resistance to $44 and a break above that could send KHC into a bull run for the next several years. There also could be a long period of accumulation....
After a long descending wedge CURE has broke out of it. I am seeing some support after breaking out and am going to put in a long position if it closes out over the 80 day EMA. Since it has touched my Weekly Support 1 my target will be at the pivot point around 1150 SAT. All this can change instantly if BTC makes any major moves but in the hope that alts will...
I have been trading DOGE for several years now. Selling off on pumps but I believe the joke may be over. DOGE has always beat the odds so I could be putting my foot in my mouth. Most likely its about time to take it off my watchlist. It is not a good performing coin. The history vs BTC has the evidence. The green dotted trend line is its lifecycle lows. As you...
After my last idea played out perfectly its about time I share another. A downfall this time, being 100% technical, there is so much going on globally. So many outside factors in this space that I am not sure is 2020 can be considered predictable but I will stick to what I know since it has served me well in the past. It looks to me that we are in a large...
Haven't posted in a long time but felt the need to step in and give another opinion. Alot of people around me are feeding into the end of year hype. My best advice is to not believe the hype. Not saying that it can't go up....all im saying is, there are tons of indicators that point to RISKY AS HELL. just to name a few - We are currently in a squeeze, even...
2 years ago SIRI broke the neckline of the Inverse H&S. My target price of $7.80 is almost reached. As of now I will be very cautious and start using a moving stoploss. For those who are unfamiliar with the inverse H&S. A common way to set a price target is to measure from the head to the neckline. (in SIRI I measured 396) Then add that measurement to the...
Neo is currently pushing against the 80 EMA trying to break out of its current super tight range. look for the break above the 80 EMA before entering to avoid a support break and a long fall. If our shortime bulls take over I would think about taking profits 25-30% gain.
the formation of the H&S strengthens my theory of heading back to trend line. I expect price to touch the resistance one more time before busting through. Won't be for a few years though.
Looking for the break in this falling wedge to the upside with decent volume for the last couple weeks. Coming off a second bounce from support we could have a decent bull run unless a descending triangle decides to form.
I am long on BTC for the long term. I am bearish on BTC for the next couple weeks. While the RSI is low enough for a reversal, All my other indicators (MACD, VP, SQZ MOM, EMA) tells me we are still not out of the woods yet. at this point I am continuing to stay out of trades. If there are no strong signs of reversal, my next buys will be between 6100-5800.
Bit of a stretch for me but patterns tell stories sometimes. So the basis of this long call is the formation of a hammer above the BB SMA. This is telling me the possibility of incoming volume. Since this is on the day chart I am a little more bullish on this signal than if it was on a lesser time period. I do not have a real good Idea of a target yet but my...
This has not formed yet, obviously. I am preparing for a possibility. It never hurts to be ready. Ill be keeping my eye on you BCP With this starting to form and the 4MACD now crossed up I think there is a real chance.
According to the volume bars we are about even when RDD took of the last two times. Good sign for volume to come back in while price is holding steady on the 80EMA. The first wave was 60%ish, the second wave was 50%ish so my first target is shown at 40%ish. I think it would be best to play my safer card considering the volume has not been as strong each pump....
I think this squeeze is about to release which will send the price flying through the upper trendline. Expecting 20% gains minimum.
Snoop dogg told us to drop it like its hot. But apparently Golos has hit the floor and cant get up. Can someone come give a helping hand? Price has tried to break 1150 twice but some invisible hand keeps pushing it back down. One Golos can push back we can boogie down to the bank. wait for the break of 1150 and do the electric slide to the drawn moving...