After a bit of correcting, ICX found a bottom and bounced up into a bilateral symmetrical triangle. Support seems strong @ the 0.618 Fib line and if ICX breaks below the triangle, there will be support at the solid Red Lines. StochRSI indicates a reset soon, which could mean a new leg to up! OBV is staying strong too! Hoping for a breakout and up! Fingers crossed!
After finding a bottom from the downtrend, POE finds itself in a Symmetrical Triangle Bilateral Pattern. If POE breaks up and out of the triangle, it will be met by the Red Resistance Lines. If POE breaks down of the triangle, it will receive support from the Green dotted lines. StochRSI looks good to reset soon, while OBV is staying strong. I think good...
After finding a bottom, XVG is on an uptrend that could possibly take it up and out of its falling wedge resistance. However, it's stuck in a consolidation area until it breaks out of the blue resistance line. (If XVG falls through the green support line, there is a strong possibility it will retest the "stamped bottom" line.
If so, it has already broke through the first confluence zone and seems to be consolidating a bit in the second confluence zone. I'm thinking of entering when LTC breaks out of the Red Zone, and exiting when it reaches resistance of the Black Zone.
EOS traveled through the downtrend channel and tried to pass right through the Fib 786 line. But as expected, Fib 786 is strong and pulled EOS back up. Now EOS looks to be forming a Bull Flag. When will this Flag end? I'm guessing at the Fib 786 line again, though there are 2 more support levels where it looks to have a chance to boost out!
After the nice jumps, EOS is giving back (and is still giving). It finds a Bear Flag and seems to be headed towards historic support level (Fib 0.0786)
Looks like EOS/ETH is finishing its last corrective wave - C Wave. The C Wave also looks to be in a Falling Wedge Reversal Pattern with support at the 0.5 Fib line. Waiting EOS to break through the dotted resistance for an entry. Have a stop loss ready if EOS falls through the support line. These are just speculations..Good luck everyone!
EOS seems to be forming a small teacup and handle. Entry and targets marked.
ENG looks to have finished ABC, but found itself in an inverse cup & handle! I believe first support will be found at black dotted line. If that breaks, second (stronger) support at Fib 786.
RSI and MACD seem to indicate a lower fall. Entry for Longs at support levels.
New to TA, and still have lots to learn and read. EOS looks to me to be in a symmetrical triangle, which is a bilateral pattern. If it breaks out of resistance, it should follow the support line up. If it breaks out of support it will follow the green channel down. Should be watching for the next week to week and half.
Looks like XRP is finishing the ABC Correction from its last impulse. I think there will be support @ 0.000082 and might be a good spot to enter? Super new to EWs. I have lots more to read and learn! Thanks for viewing, and would like feedback. :)
ADA is moving inside a descending triangle pattern. There is good support @ 0.00028000 If ADA breaks support and falls below triangle, next support level @ 0.00018000 - yikes!! Hope to see ADA break out of triangle's resistance and begin to surf! I am super new to TA, so please do not take this as any financial advice. Also would love some critique as well, thanks!
EOS is trapped in a descending channel (black solid lines) and finding support at the 0.5 Fib level (Blue dotted line) If this support breaks, look for further descent to the 0.618 Fib level (Red dotted line). I think this is a good position to enter. 0.618 looks to be a strong support line for EOS, and I believe once this support line is reached, EOS will...
Super new to TA, and trying it out. EOS is consolidating in a bilateral symmetrical triangle. If it breaks out of resistance, EOS will follow the black support line up. If it breaks support, EOS will follow the Green channel downward. This should play out within the next week to week and a half.