Possible cup and handle formed on BTC, let's see how it plays out. Break under the handle would invalidate this.
Depending on the market conditions today, we could see an upside for CHZ by breaking out of the wedge. This is valid if it does not break under the wedge trendline. Today in 9hours we are hacing the "FOMC minutes" meeting, and that might trigger some nice move to the upside or drop the market again. This cant be predicted, keep it safe and do not overleverage.
I do spot an ascending triangle or a rising wedge. Both tricky as they could go both ways, one is more bulish one is more bearish. I do not expect a lot more bullish action over the weekend as the volatility is low and by monday doge could be on the bottom of the triangle to make the 3rd touch that would decide which way we go. A bit of gamble trade as looking at...
RSI overextended and shows bearish divergence. Just an idea of whats possible.
Barely at the moment holding on to the 50 day EMA, daily MacD going lower. If it breaks under this current zone, I am expecting it to form a double top and break under the neckline. 0.194 area could be a possible first profit target for a short if we open it now. Risky trade, just an idea. All depends on what BTC is going to do in the next days, fall further or...
If it follows the channel and overall market is green for the next days, then coti can pop to the top of the channel and 200 day EMA
Cream has been under preasure for few months now and we have dropped to the middle of the channel. If the overall market is green in the upcomming days we could see cream reach the top of the channel 14-16$. I would put a stop loss under the channel and aim for the top. Keep it safe, just dropping ideas,
Looking by the structure on daily and weekly, I can see that it has broken under major previous support that was held for months, so it might be time for BNX to chill a bit.
XCN has reached the bottom of descending channel and could make a pull back to the middle. On hourly we can see a small tripple bottom and bullish divergence on few hourframes. Place the stop loss under the channel and profit the midlle of the channel. Just an idea. What else can happen is that the channel support that has been made since summer does not hold and...
Yesterday GALA token took a huge dump due to a whitehack exploit that was meant to be good and help safekeep GALA from future exploits. It was done by the team so price should slowly recover to previous points. Just an idea.
Just an idea on what could happen today. We have a forming bull flag and we are closing in on the apex, there are few emas to support the fall but I think it all boils down to monday when markets open and we see what DXY does, so we might get some spike candles at the apex point there
I had not seen this before on chart. It has happened 3 times in last 2 months. Will it happen again and we might approximately predict the next correction day? This is just a wild idea that i noticed on chart, this is not a trading advice. But keep in mind these dates (22-24 november) and lets see what happens.
Keep it safe and use short stop loss at this moment if you are entering the trade. Comment your idea and hit a like if you like my contribution. Have an awesome and profitable day! :)
If history repeats itself , then consolidation and retrace to support levels might start now. One of Warren Buffett's most famous investment sayings is “Be fearful when others are greedy. Be greedy when others are fearful.”
We are going higher for the past 3 days, but volume is getting lower on each day. RSI is showing a small bearish divergence for the past days. We have not yet retested the brake out line and 50day EMA with a red candle. This is just an idea, because we cannot go up in a straight line. We are still in an uptrend and ICP will reach higher targets in next days,...
At this moment there is 40/60 chance of us dropping to 40$ range like week ago or holding the new trend line after yesterdays breakout. The chart looks exactly the same, but what's better this time is, that we did break above downtrend and EMAS are crossing as a bullish sign which did not happen last time and if we can keep 48$ then the drop is invalidated. Keep...
Last night i had a nightmare that ICP dropped to 20$, and its good that nightmares don't come true. As of this moment ICP has broken out of 2 month long downtrend and if today we stay above 48$ and don't fall back to 43$, then the 50 day and 180 day Exponential moving average lines will cross for first time since 6 august(3months ago), at that point we can see a...
Bullish scenario. BB bands are squeezing tightly and going horizontally, signaling a move up or down at any moment. Forming a bullish pennant or flag by shape, that could be bullish sign and signal the next leg to upside to 29$ RSI is kind of showing bullish divergence on hourly and 4 hour chart. MACD levels on 4 hourly are really low, signaling it could move a...