I marked the starting level, stop level and 3 targets in the chart with horizontal lines. Vertical line is for important date which will mark the probable TPS increase in Ethereum network.
Kusama is Polkadot's wild cousin. We can expect a good run from Kusama as crypto space will talk more about Polkadot and Polkadot ecosystem. It's chart is also good with clear Cup and Handle.
First target red area. After that i am expecting further selling.
"Close and Stay" below the 190 and we are going to see double digits. As a fundamental analysis Ethereum keeps delaying its improvements and current status of chain is terrible. With these news i don't see a reason to rise. "Ethereum Devs Reach Consensus to Delay Constantinople Hard Fork Until January 2019 " "Ethereum Core Devs Delay ‘Difficulty...
Bearish pennant pattern. No need to explain i think.
There is no free money. There should be correction after parabolic move. Overbought at all timeframes. Target 5 stop-loss 6.1
Bitcoin made a bull flag that confirms trend continuation. There is a possible pullback to resistance trendline because we have resistances at this area which i think hard to pass at first try. If it happens pullback would be good entry too. Falling below the resistance trendline is stop point.
Ziliqa looking so good right now. Cloud turning to green. Ready for breakout from cloud. Moving averages shows good up momentum. Waves so clear. Lagging orange line above the price.
People are crazy about longing gold from here. I dont think they are realizing how dangerous it is. They can win but this doesn't mean it is logical.
Seems like our secret yellow box turned again :)) 6650-6840 range is strong resistance so i think this movement will end up with inverse head and shoulders. Support side there are April and February lows. Momentum wise i think we can take last drop below long term support as a false breakout which is bullish.
Nano again made breakout and this time looking better. In the chart there is a downtrend channel and my custom indicator which you can think like a ichimoku.
After the Coinbase news ETC is trying to breakout this levels. I think this move is depends to Bitcoin but if Bitcoin decides to go up we can see big fairy green candle.
If Bitcoin can stay above this yellow area there is pretty good bullish setup. This is a final step for the reversal. 6842 also important.
I think a lot of people aware that Nano is right now pretty undervalued and it can breakout its downtrend, or maybe it can't we will see.
Here is another chart pattern that on the same side with my long term view. More clear at the bitstamp.
I wrote my long term view and here is the short term. There is an invers head and shoulders but it is still "UNCOMPLETED". We can also break down the triangle.
Price movements occurs like a waves. You can check it by looking its momentum. When momentum starts to slow you can know that trend reversal not far away. You can also double check it with markets current situation. There is a greed or fear? You can't just make the same think with crowd. You are making trade. If you want to sell something to them you should buy it...
I think there is a formed trend continuation pattern at the Bitcoin chart. There is a triangle which i think is a pennant and some movements that i think head and shoulders continuation pattern. I made some calculations on patterns and first price target met with Bitcoins bottom line of big triangle and second target met with 6k bottom. It seems reasonable but I...