Atom did a nice squeeze but it's time to test lower levels and form support Accumulation takes time so I won't be rushing to build a long term position First target $10.20 (green box) expecting bounce from it if bitcoin behaves.
Not much has been happening over the last few weeks, Keeping chart simple just by playing support and resistance. The price is touching support level again. over the next days we should see the price bouncing off this level and hopefully it will move towards resistance.
Nem has been in accumulation hoovering around support and resistance. Recent news will more likely increase value and hopefully bulls will break this long term resistance. Lots of upside potential! On monthly you can spot double bottom.
In the past two weeks Amb has been moving well and it's close to break resistance, once it flips to support expect some big moves.
Vet is one of my favorite projects however it's hitting resistance and its close to another drop on usd pair. It looks like there is more downside till it hits bottom again or even retraces more, unless some whale is going to push the price up and break this trendline.
If Bitcoin breaks this long term trendline (red) I will change my bias and go long but for now I don't see any point going against resistance. We haven't experienced correction since the big drop in March. I'm still expecting one more big drop before we rally to break this trendline end of this year or maybe next year to hit ath, this is a long game and whales are...
Great chance to make more satoshi, buy it when it breakouts out from this pennant.
In times of a Coronavirus around the world, I still believe Bitcoin can outperform stock market and precious metals this year. This would create a big opportunity for crypto in times of global recession. I Personally don't think we could go lower as we already tested 3700 and we had a strong demand which quickly moved price to range between 4600-5600. We could...
Stratis has lost a lot of value in this long bear market, most people would feel depressed by holding bags for so long however if we look at the chart the bottom might be in or it is not far away from the current price. This is the last 5th wave and if you check all the indicators Rsi is oversold, macd is closer to cross on the weekly timeframe, stoch is...
I spent hours to count and recognise the waves, right now we are on wave b and soon should move to wave c and retrace. I believe whales will push it hard to hit the bottom again and that will give us double bottom and confirmation of an uptrend. Stoch is overbought needs to retrace Macd: is slowly going down Target: 0.00021500
As you can see we might see a trend reversal, this is a quick trade. Target: 0.00025800 - 0.00026400
Possibile buy zone and timeframe for this downtrend to finish.
Vechain is heading down, target would be the next support level which is very strong. We will defiantly bounce of from here. Target: 0.00035250
Key needs to test support again, we are currently on 4th wave down. one more wave down to complete retracement. strong support here.
Looks like we are about to move up and hit our target its just a matter of few hours. Target 7800! :)
IOP couldn't hold support on previous support, get ready we could still go down to the next support( next black line) Falling wedge is a bullish sign, IOP should soon break from it and move up so far IOP shows: MACD = bearish stoch = oversold be patient we with this coin, patience will pay off in the future.
IOP so far consolidates and holds strong support, I have analysed past downtrends. the longest was 68 days, however I don't think we will have to stay that long at the bottom... I'm very excited to see what will happen during conference on that day we should be out of the big triangle and start new uptrend if everything goes well. IOP will present new products...
I think we need to break down from this wedge, not enough volume. MACD just crossed. Stoch is overbought points that we need to go down. target 7220 - 7280