EOS has potentially found its bottom and is looking to climb to the top of the falling wedge trendline . It has faced resistance at the previous 0.618 Fib support level , and now we should see a slight retrace before continuing upwards. Long term target is the previous ATH 0.72% , but we could see this go much further in the long run.
I made the call that the baseline of the correction would be found at the 0.0002550 - 0.0002600 level, and it bounced beautifully for us right off that mark. It had been following the fibonacci levels perfectly ever since its release. After forming the descending channel that led to the baseline it bounced straight off that level and formed a new upward trend...
Icon has finally found the bottom of its channel when it bounced off the 0.0002600 Fibonnaci level. It has been following the fibonacci consistently ever since its release. We have been in a downward channel, but look to of formed a small ascending triangle which is squeezing to the very top of the channel. I believe we will either break out very imminently, or...
Just a quick one. This graph shows how beautifully ICX has followed the fibonnaci retracement. A buy zone of 0.0002550 could be possible if we fail to find a rebound.
Ethereum Classic looks set for a run in the coming days. We can see it's been climbing nicely in it's bullish channel, and with the news of a token airdrop on March 5th it could finally see it break out and test a new ath. Previously it's had major support at the 0.0032000 satoshi level, where we could see it falling back to before climbing quickly to the top of...