Positive points: High inflow of money into #iota. Market is in 24 hour low. Hence, reversal will give upward push to price. Negative points: forming rising wedge. Hence, price might account the correcting. which is natural. Conclusion: I would add this in my watchlist, and wait for correction to take long.
$XLM : Strong momentum will drive the bull? Waiting to confirm on formation of one hour bearish fractal. If outcome is false then we might see $0.31. Large buy momentum supports the price movement and indicates the positive sentiments.
#ADA #Cardano : Can it hit $0.24? Falling wedge over and price jumped. Currently floating around resistance level $0.22. Falling sell rate indicates positive expectation for price. Surely optimistic on this
$LTC: Same pattern as $BTC, price might hit to support level $114
$Zcash: Rising wedge lead to sudden fall in price (same as $BTC). Increasing sell rate will lead the price to hit second support level of $233
$REP: Falling wedge and TA suggests price movement is changing direction(slow rate).
$BTC: Rising wedge in short term. Hence, fall was expected in short run. Low volume suggest side-ways movement (neither bull nor bear). short term target would be $7500
$ETH: oversold + momentum indicates no immediate bull. However, pattern is bullish. Means gear-up to take long
falling price + Low volume and oversold = upcoming Bullish
$XVG: Wait till price hit $0.051 to take long to target $0.061
$ETH: Bullish sign. price might break the channel to $760 (conservative estimate).
$BTC: In existing scenario, BTC will move in indicated path. Time period is ~2 months. In absence of strong market sentiments/+ve news wave will decay and probably we can see some effect later down the year.
$LSK: Possibility 1: Break current support level to test $9.5 support level an then bounce back to $11 Possibility 2: Hit the support level and then breakout to $11 let's see, how it goes.
$ZEC: Forming bearish pattern. price might fall below SUPPORT LEVEL $315
$XLM: Currently floating around support price of $.323. Forming double bottom pattern, and will shoot up to $0.35 level once it passes the support level test. Always been bullish on this.
LTC: Bearish overall, price might fall to $123. Hard to break $123 level, However, falling bridge will be confirmed if price fall below magical level
Still bearish of a day or so (till price hit support level ) and then take long @7900