$BAT was anticipated to break up out of that symmetiric triangle I called a week ago. It broke out exactly where expected but admittedly with some help from Coinbase. Now we're forming a flag getting ready to push through that next level of resistance. Coinbase ads have some room to grow before they cool off as people get impatient.
$BAT broke out of the symmetric triangle and is determining its next direction. Sitting right on a fib. If $BTC can get some sideways/positive movement feels like a $BAT run could be incoming.
$BAT looks like its chosen a direction, and that direction is up. We'll know for sure tomorrow but I think we're going to push out of the triangle tomorrow. My bagas have been packed for a while now. Ready for liftoff.
$MCO is on a major run leading up to the announcement that they're rebranding to Crypto.Com which is brilliant. Some questionable purchases leading to an announcement that just came out 16 hours ago but *shrug*. That being said, I like the rebrand. Their app is reportedly amazing and lets you purchase various cryptos from it. Their Visa Card Rollout continues on...
Everything is always dependent upon BTC but as we receive some steadiness, $ICX looks ready to move. Its broken out of its downward trend and has not received a recovery pump. You can see the volume is back and it's seeing some movement. I think an opportunity exists here for a nice bounce
Bullish Divergence on BNB. Coinburn at the end of the month. Downward channel but we've hit a horizontal resistance. I think its going to take its turn on the $BTC recovery and bounce shortly
I am not a follower of this project. I am only looking at it because a member of our discord requested it. Near all time low. Absolutely bled out. If you believe in this project, you will be hard pressed for better entries minus a massive continuation of the BTC failure (which isn't out of the question). Looking at the cryptocalendar, I also see no major price...
$BAT printing a symmetric triangle. Obviously $BTC just hiccuped but depending upon how bad it is, the symmetric triangle is in play. They can break either way but $BAT is one of the paradex coins that will most likely launch with Coinbase's erc-20 initial pump. Keep an eye on the support. Keep an eye on which direction it breaks (up or down) when the triangle...
XLM should see a minor retrace here before gaining juice to pass the .382 fib. Massive volume. Exchanges opening using XLM. Major partnership with IBM. FairX coming sometime before Half Life 3. I remain very bullish on Stellar. Its one of the coins that hasn't bounced significantly during this rally.
$NEO looks bottomed out and one of the alts that has barely recovered. Moving some funds to $NEO on the thought that it should see a recovery soon. Looks like it broke out of the channel and found its floor.
$ETC going to coinbase sometime this year. People are accummulating in anticipation. Now we're in a rising wedge and should break down shortly. When it hits the buy-zone I'll re-examine.
If BTC has the leg down I'm fearing this analsis will change to just more blood. $ADA travelling in the downward trend. Not looking strong at all. Snuck below a fib level but is hitting a long term support and bouncing. If we get some sideways action from $BTC we could see reversal on $ADA Right now I wouldn't enter. If you're a long term hodl at this point I...
$BTC printed a pretty obvious bear flag which would push us back down to ~$5500 level. Its going to be an interesting few weeks. I've had people messaging me asking if this is the end of crypto. Crypto is fine. These are growing pains. We bled out a lot of money, need to sweep low to bring that money back in. Then we need the momentum to push us back up. We've...
This could be the end of the run for $BNB but we still have 9 days before the coinburn and the dexathon. Both interesting catalysts. Watch the bottom trend line and becareful if you're in profits. If you're not in this trade you've missed the run during this bear market. Wait for better setups.
All eyes on BTC while the market remains bear. But if we can get some steadiness from $BTC, $ETH is looking like its ready for another move up. $ETH has Casper coming shortly which will be its next level and bring proof of stake. Rumors of 1000 transactions/second by end of year. Proof of Stake transition coming with it. $ETH will see some major moves by then....
$XMR Trending down right now. Hit a long term support which is also the lowest its been in 6 months. If $BTC drops, which is very possible, Monero would push through this support area and there's a long way to go before the next support. Be careful buying at this point. It has bounced hard on this level previously but past performance doesn't always predict...
$EOS looking real strong here forming a pennant on short time frames. Could post a very nice bump this week with this trend continuing as expected.
$NANO has some great volume Getting ready for the next leg. Crazily undervalued right now, dropped below the floor and entered price discovery zone. Should be getting ready to push up this week. $NANO needs some catalyst to really get it moving again