Lets break down what just happened: 1) ETC broke out of the huge ascending triangle that has been forming for a couple of months. 2) Price went back down to test the break out line. It bounced off that support line nicely. 3) ETC is now boarding for moon landing. Target is still 550k satoshis, but watch out for resistance at 473k sats (green line).
Looks like it broke out earlier than expected. Target is still 550k. It will prbly go beyond that tbh just because everyone is loading up for Callisto airdrop. What TA should i do next?
Looks like a massive ascending triangle. Look for a breakout within a month. Target is 550k sats. Fundamentally, ETC has an airdrop in march so TA works well here. Full refund if I'm wrong ;)
Looks like a huge cup and handle. This will be confirmed at $400 breakout in which the target is set at 570. Also, the rising wedge broke up with volume - an even more bullish sign. I'm pumped are you?
There is a classic Descending Triangle that has formed. Descending triangles usually break down instead of up. However, crypto is the wild west and anything goes in this space. So what I'm seeing is a potential for ETH to break out of the triangle because price is right on the 61 fib level. Looking at the ichimoku cloud, i see a potential kumo twist breakout...
Price broke out the triangle earlier than expected, thanks to wolf. Volume of breakout looks good, and now a flag is forming. Measured move would be upside to 336k sats. RSI shows oversold... we going to the moon. Also possibility of a descending triangle, but not too serious.
Classic Triangle/Flag... Price will stay within the triangle until breakout, which we will see next week. Watch for volume on breakout just in case it flops. Fundamentals look good. Beta should be released in a few weeks. All systems go.
Two Possible Scenarios. Plan A, Looks like a head and shoulders pattern is forming with volume decline, and if it does i'm looking to short LTC all the way down to the 0.011-0.010 support level. To confirm the short we have to see if the price will fall below the trend line (black line). Plan B, looks to bounce of the trend line and go up until resistance line...
Cup and handle pattern forming. Look for confirmation at around 5200 resistance level. If it breaks we'll be sipping on coffee all the way to the bank...
Looks like a flag, and RSI looks prime for an uptrend. Fundamentals looks good, team is starting marketing campaign in August, which will give it a boost. Once it breaks resistance at 103k the game is on...
Looks like a symmetrical triangle breakout soon. I think it will breakout and test resistance at 13.5k, but once it breaks that line, you can expect Golem to take off. Fundamentally, i have no clue when brass is being released...
Expect price to breakout soon. I think it will bounce off the 62% fib and then come back to retest support, and then after that i'd expect it to go up pretty fast. on the fundamental side, the team just released a bunch of bounties to improve development (seems good to me) so as long as everything goes as planned, we will be profitable. What do u guys think?
Looks like we hit the bottom for LBC, i think it will break the downward trend line and after that the only way is up from there... TA looks good, Fundamentals look good... lets go bulls!
Some idea i have here with a possible inverse head and shoulder pattern.
A lot of possibilities on this chart. A) There is a Flag/Pennant that could potentially breakout. B) There is also seems to be a descending triangle where you could see a breakout closer to point 5). C) Potential breakout at point 2. D) Ascending triangle seems like it needs to develop some more. If price falls and breaks support at 590k, it will look...
Looks like a falling wedge. Price will probably continue along channel and then breakout later this month. Fundamentally, the team just released beta game store and have announced a full marketing campaign in August. Therefore, we'll see increase in price later this month- aug.
Looks like a falling wedge. Price is bearish at the moment, so i think it will move along the channel, and later this month or august we will see a breakout. Look for entry closer to the end of the wedge. There's a lot of uncertainty right now with the Bitcoin Aug.1 announcement that will likely affect altcoins. We are in risky times, so be careful making...