StayHydrated1

StayHydrated1

On its current downtrend structure, it has convincingly found higher lows. Although is has yet to form a higher high, which would signal a better chance for a reversal, it has other reversal signs as well. It has broken above a long term down trend line. lthough it did have some arguments above/below this trend line recently, it has closed many concurrent candles...

StayHydrated1

Ethereum is recovering from a panic move. It has found a bottom with very high volume, and has had much more buying volume than selling volume on the current recovery. At this point, it is continuing to make higher highs and higher lows. The first high of 1094.79 has since been wicked abouve twice, and a candle closing above. The sellers are losing conviction...

StayHydrated1

XLM/BTC appears to be losing momentum. It has been rejected twice with relatively high volume. A break below this support line as well as the 0.236 would mean it would need some time to regain steam if it's going to retest the high again. With BTC looking favorable, these pumped alts will be getting sold off for BTC and are more likely to stop pumping. The short...

StayHydrated1

MKR is gearing up for a breakout. While many alts have seen large gains and breakouts from this same pattern, MKR has not. However the volume has been bullish on this potential reversal pattern, suggesting people are hoping for a breakout here. The bullish candles have all had significantly higher volume than the bearish ones. It is not overextended on any...