LUN is trying to get out of the channel, hitting the upper borders and with each try resistance becomes weaker. Besides everything above has insufficient amount of volume. Therefore I assume it has a good chance to breakout with great momentum. I've indicated possible targets according to nearest resistance areas. May fall from where it is now to ~149. Sure all...
IOTA is at the bottom of the channel and worth watching for starting its up movement. Safer to buy after the price go above 8740. Even more safer above 9000. But if BTC start rising the movement may become a breakout and it will grow faster. Stop loss below 8450. If falls you may catch it later at 8300 or 8150.
CMT brokeout descending trendline and started possibly a huge wave up. Take a look at 3 days chart. Basically the bottom is found and CMT bounced. The only way is up now. Even recent pump didn't break it so I expect another wave up in the nearest future.
Hello fellow traders and investors. I want to share my view on MCO. Monaco is a company that is working on VISA card that will make crypto spendable in common life. Isn't that what everybody needs? Sure! Let’s wish them luck and see the 3 day chart. I draw trendline on a day chart and it fits perfectly to all the price spikes there, but my day chart is overloaded...
Hello everyone. Another altcoin has a chance for starting a good uptrend - MTL -11.99% . It has been moving in a parallel channel for a while and currently is at the floor. I recommend watching it closely and wait till it gets to 1100. If it gets over it there is a good chance it will go fast to 1900-1950 as there is no resistance on the way. It is more than...
BRD is moving in an ascending parallel channel. Middle line forms SR line as well. In case price breaks above it (approximately 555 with next step at 585) it will go towards upper border and should get to ~610-630. There and all the way to 680 will be major resistance. Price may get stuck in this channel and bounce for a while giving profits to swing traders....
ICX found bottom at 910 and now grows up. I have a whole bunch of patterns with many trendlines drawn. Each line cross will be supported by big volume and rapid price change (in one of directions). We have support at 1000, smaller support at ~1026. Areas slightly below these lines are good buy zones. Than we have resistance at 1070, 1150, 1250 (first strong...
NULS is closing to an end of downtrend and getting ready to storm into a new cycle with an astonishing growth. Wow wow wow!!! Is it really? No!!! Don't be fooled by FOMO =) But the coin is good and promises some good growing. It is too low to fall lower and found a floor at 166. Breakout of parallel channel is near and the targets are 195, 206, 212. Long term is...
Sometimes it is good to relax from crypto mad rhythm and take a look at slow slow slow fiat currency market. Here is a "breakout" of triangle coming. Price should rise to 114 and then maybe to 117.
This is what I see. This is our roadmap. Our destiny. Possible ways it will be. And a bigger scale to see the trendlines. And very interesting - cycles, very small ones I have traced. I like that chart.
SBD found support at 13600 and broken out of descending parallel channe. Currently price is above 21 and 34 MA. This is a good sign. If the coin stays above 14500 support it has a good chance for forming an uptrend. I don't invest much but I do have small amount at Bittrex and that coin might be promissing for long term investment. Sure I hope for a pump to...
Take a look at weekly chart. NEO found support at 0.002600 and started rising. Day chart – pay attention to volume pumping in on green candles. The growth is being actively supported. We are getting closer to descending trendline which comes all the way from 29th of April. Pretty massive trendline so it's breakout should be good as well. And now let’s...
Take a look at the chart. Volume pumps means whales (or whoever) are buying some longs and the price will go higher for a while untill they close them. That doesn't guarantee big price rise or uptrend. Just a temporary direcion/correction. But the overall picture isn't nice. Critical line was crossed at 6450 breaking bear flag lower trendline down, now the...
Together with all alts SYS has started its own uptrend. Now we are standing on 1700 support but looks a bit overbought which may result in falling back to 1630 (mostly depending on BTC). If not next targets will be 1820, 1970 and 2080 (7%, 15% and 22% respectively). Each target is potential support. Watch it closely as once it breaks the coin will fall back to...
Weekly chart shows a nice tradition of profitable pumps. According to cycles theory we might be in the beginning of a new one. The price bounced of higher support level than previous lowest and goes up. While on a weekly chart trend reversal is not that clear, day chart looks more positive. Doted SR lines are based on day chart while solid on weekly. I will...
Isn't it beautiful? =) You can see it so clear that it can't be true, yet it is. RCN even ignores some of BTC moves to stay within this channel and that is a good sign. It looks like the price is has bounced and now going up again. Just follow the main support and resistance lines (and keep in mind that they indicate areas). Targets are each of these lines....
USDRUB price is moving around important support/resistance area ~37.35. If goes through next resistance will be at 67.80. And I don't think it will hold so target is 71 rubles per one USD. That will be the top - good zone for shortening although a small chance of price flying like a rocket towards 73 is also real. Keep in mind the cold war is only in the very...
VET has a nice ascending channel worth watching. It provides a good trading plan. VET bounced of lower trendline and has just had a price pump towards 260 resistance. Will it breakthrough no one knows, but if it does, next resistance will be at 269 and 278. Once these ones are passed price will pass red trendline which should provide some more volume. At 286 there...