Daily Bouncing off major support zone @ $2-$2.20, priced formed a new high with resistance @ $2.85. March 3rd (lower high) has been taken out, awaiting price to form (higher low). A daily candle that close above $2.85 and Ark will pick up with momentum. 4Hour Shifting over to our pattern timeframe we can see a minor correction is in place. As this analysis is...
Daily TRX has broken out of descending wedge & tested for support. Beginning of uptrend (March 18th) followed by a 2nd bounce (April 5th), and lastly 3rd bounce on April 14th). Bearish momentum has bottomed out. Break and close above 0.00000700 daily candle, entry. 4Hour Following bearish parallel channel structure. Double Bottom (04/12& 04/14) Pattern...
Daily Price has been moving sideways since Feb 6th till today… TRX/USD has been stuck in a consolidation zone(S@ $0.028-$0.032 / R @ $0.50-$0.055) Higher Low formed * last blue arrow pointing down* Daily candle close above $0.04 triggered trade. 4Hour Start of uptrend (bounce 1: April 5th bounce 2: April 9th, bounce 3: April 12th) Broke out of 4hour...
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Daily Price action repeats it’s self and that’s just the way technical analysis goes. Resistance shown @ 0.00000362 and our consolidation support @ 0.00000240-0.00000280. Price was previously in a descending wedge broke & tested for support (2nd occasion). Double Bottom formed inside our consolidation zone, followed by breakout. Waiting for test of zone or break...
Daily Double Bottom (April 1st & April 7th) *followed by breakout* Resistance @ $0.030 Possible Entries: Bounce off $0.025 or a daily break and close above $0.030 ( Pictured Above) 4Hour Switching over to our trend timeframe we can see resistance @ $0.031 w/ support $0.022 & $0.025 Drop to $0.022 is more likely since we originally broke out of that zone. Waiting...
Daily Price has reached our breakout zone from Dec 13,2018 Double Bottom @ Major Support Thursday's surge in crypto revives faith. 4Hour Resistance found on our trend timeframe @ $0.22 Expecting a drop towards $0.17-$0.18 A drop & bounce from $0.17-$0.18 (consolidation zone) confirms our uptrend. Hourly Finally taking a look at our trigger timeframe we can see a...
Daily Descending Triangle Pattern has been broken( Yellow Lines) Tested for support (Double Bottom Check Marks) Broken out of ascending triangle on daly (black lines) Hourly Break and close above 0.00002700 (Next Entry) Take Profit 1: 0.00003500 Take Profit 2: 0.00005250 Take Profit 3: 0.00007000 Take Profit 4: 0.00009000 Take Profit 5: HODL We spend our days...
Daily Multiple points of contact support zone @ 0.00004500. Broke consolidation zone 0.00004600-0.00005400 & tested for support. Higher High and Higher Low formed. Hourly Ascending wedge pattern on hourly Break and clove above 0.00007000 (Next Entry) Take Profit 1: 0.00010000 Take Profit 2: 0.00012100 Take Profit 3: 0.000150000 Take Profit 4: 0.00020000 Take...
Daily Major Support @ 0.25-0.35 (Double Bottom (03/31/18 & 04/06/18) Higher High and Higher Low formed Followed by break and close above 0.42 Hourly A break and close above 0.56 is our (Next Entry) Stochastic RSI Showing momentum has shifted towards the upside. Take Profit 1: $1.25 Take Profit 2: $2.00 Take Profit 3: $3.00 Take Profit 4: $3.35 Take Profit 5:...
Long term perspective: Tested zone for support 118000-125000 (Tight Double Bottom) Higher Low has been formed @ 130000 *Above our support zone* A daily close above 140000 confirms it's move toward the upside Take Profit 1: 190000 Take Profit 2: 270000 Take Profit 3: 300000 Take Profit 4: HODL
Daily Taking a look at our daily we can price respecting structure beautifully. Although most of the crypto market has decided to take off in a boom. Litecoin has been one of the more stable currency only moving about 0.5-5% and returning to it's original price. Looking at our Stochastic RSI we can momentum has definitely shifted towards the...
Daily Taking a look @ ETH on the daily from a zoomed out perspective we can see price has returned to it's breakout zone. Last time we were at this price we broken out of ascending triangle @ $420 and shot up to all time highs with almost no resistance. Although price has not yet broken out of this descending wedge, a breakout/down is definitely looming in the...
Triangle breakout pattern was formed on daily. Smaller timeframes showed bullish breakout high chance. Resistance @ $7,000(red line) and Support @ $6,750(blue line) was waiting for a break and close on the 4hour above or below these lines. (Confirmed) Take Profit 1: $9,500 Take Profit 2: $11,500 Take Profit 3: $14,000 Take Profit 4: $17,500 Take Profit 5:...