Looking at Bitcoin’s price action today, we see support has been found $7,500. Price respecting bearish channel structure, expecting a push up towards $8,200, stochastic RSI showing momentum heading towards the upside. A rejection from it’s $8,000 resistance leads us to support at $6,500, where we could potentially see a double bottom formation. However if we do...
Weekly Looking at our highest timeframe we see price respecting an ascending triangle. Next stop is 50000, not expecting our 100000 support level to hold. Market is in the middle of a sell off. Stochastic RSI showing momentum is heading towards the downside. Wait for a drop towards 50000, bouncing off our dynamic and horizontal...
Daily Looking at our highest timeframe we see price has found support @ 800 satoshis, and is currently testing our 1000 resistance. A daily close above this level and expect Tron to keep moving. Stochastic RSI showing moment is heading towards the upside. 4Hour Shifting over to our pattern timeframe we see price has broke out of it’s descending triangle and...
Weekly Looking at our highest timeframe we see price has hit major resistance @ 500 satoshis. Stochastic RSI showing momentum is slowing down, expecting a correction towards 300 satoshis. # Daily Shifting over to our pattern timeframe we see price is a minor downtrend. A daily close above 475 satoshis activates our trade, a rejection from this level and expect...
Today’s coin of the day is Litecoin. Price has bounced off our $130 support zone & dynamic support. Last time we were at this price we had some consolidation for 3-4 days, followed by a breakout towards the upside. Although the market is an aggressive downtrend, 2018 may have possibly been reached. If price does not hold at this level expect a drop towards $120 ,...
Weekly Looking at our highest timeframe we see price has support near 4000 satoshis. Fundamental push from the release of Syscoin 3.0. Price is respecting an ascending triangle. Waiting for a break of pattern for a long term entry. Stochastic RSI showing momentum is bearish. Daily Shifting over to our pattern timeframe we see price has formed a double...
Weekly Looking at our trend timeframe we see price has been rejected by major resistance, and has been respecting it’s downtrend since. Support @ 200 satoshis on the weekly, stochastic rsi showing momentum is bearish. Daily Shifting over to our pattern timeframe we see price forming lower highs and lower lows, no signs of slowing down on the daily. Momentum...
Daily Looking at our trend timeframe we see price has formed a lower high just below $9,000. Stochastic RSI showing momentum has remained bearish, expecting price to fall towards $7,700. A break below this level and it will be scary for all of us. 4Hour Shifting over to our pattern timeframe we support has been found $8,150 a 4hour close above $8,400 ad...
Daily Looking at our highest timeframe we see price has bounced off our $630 support zone, leaving with us with a double bottom at this level. Price has broke and close above daily resistance @ $725. Next daily entry is a daily close above $810. Stochastic RSI showing us momentum is bullish. 4Hour Shifting over to our pattern timeframe we see price forming...
Today’s coin is POE, currently testing our weekly dynamic support. Weekly low 404 satoshis, price has retraced about 50 since low was made. Potential double bottom formation expected to form here. Stochastic RSI showing momentum is bearish. Daily Shifting over to our pattern timeframe we see price has returned to its breakout zone and found support @ 425...
Looking at our highest timeframe we see Litecoin forming a W pattern on the weekly. This weeks candle could not close above $180, and has since been falling. A bearish engulfing on the weekly leads to a drop towards $115-$120. Stochastic RSI showing bullish momentum is slowing down. Waiting for a daily confirmation before adding to any bag. We spend our days...
Daily Looking at our highest timeframe we see price has remained quiet. Horizontal & Dynamic support being respected. Momentum is starting to build up, although price has remained below $9,500. A daily close above $9,400 activates our trade. 4Hour Shifting over to our pattern timeframe we see price has finally broke out of its aggressive downtrend and...
Daily Looking over at our trend timeframe we see price is in a beautiful uptrend. OMG is looking to form a Higher Low @ 147000 sats. Triple top on the daily resistance leads to this idea. Another possible idea is a breakout towards the upside, with a daily close above 181700 sats. Stochastic RSI showing momentum has bottomed out, and is slowly heading towards...
Daily Looking at our highest timeframe we see a parabolic mess…haha ZRX has recently broke out of its bullish channel, and is currently testing it for support. Stochastic RSI showing momentum is bearish, price showing otherwise. A daily close above 18000 sats activates our daily trade. 4Hour Shifting over to our pattern timeframe we see price is forming a...
Today’s coin is WePower, new to the cryptocurrency market. Price is currently sitting @ 1500 zone, potential double bottom forming. Looking for an hourly close above 1570 sats before taking a buy, or a bounce off 1370 sats. Leaning towards price holding at 1500 zone. Stochastic RSI showing us momentum is bullish. Target 1: 1800 sats Target 2: 2000 sats Target...
Today’s coin is NAV, looking at our daily chart we see a double top has formed. Price looking for support @ 0.00012500, where we should see a bounce. Momentum remains bearish. Not too many words today, price pretty much explains this one. Conclusion wait for price to make it's retracement and buy the dip. Target 1: 0.00017000 Target 2: 0.00020000 Target 3:...
Price was stuck between 4435 sats and 5025, until recently breaking out and testing for support. Price is respecting a bullish parallel channel HH /HL structure. Stochastic RSI showing bearish momentum has slowing down. Coin: # BAT Exchange : Bittrex Buy: 5500 sats Target 1: 7000 sats Target 2: 10000 sats Target 3: 15000 sats Target 4: HODL Stoploss: 5000...
4hour chart showing multiple test of support @ $140 Breakout pattern being respected. An ideal entry would be to wait for price to breakout of triangle before taking a buy. Coin: #LTC Exchange: Coinbase: Buy: $150 Target 1: $160 Target 2: $175 Target 3: $250 Target 4: $500 Target 5: HODL Stoploss: $120 We spend our days following the patterns, technicals and...