Monaco has been in an uptrend and is currently in a rising wedge pattern, which is technically speaking a bearish pattern... But when the news is good enough this market doesn't care about technicals at all! And the news is looking fantastic for Monaco - MCO are the leader in the crypto debit card arena and have been running laps around TENX's slow release...
Targets on the chart. Entry on breakout from triangle. I don't expect this one to retrace all the way to the 1.00 fib for a while... The initial run it went on was MASSSIVE and fueled by multiple bits of news, as well as a Pump Beach Letter recommendation... I think we'll need some more positive news to hit the 1.00 fib in the near future. But even without...
CVC is one of my favourite projects, and one of the most promising at the moment, and it just broke out of the falling wedge it's been in since August! They offer a technology that allows people to verify their identity without the need to resubmit all their ID's/upload passport or drivers license photos - if you're curious exactly what is does/how it works I...
BCH bounced off $960USD with a decent bit of conviction. It's been trading in a large triangle, it's nearly at it's end and by no coincidence... it's at the very end of that triangle just as BTC starts to show some signs of a sell off/weakening buy volume. Time for a pump? Possibly... I'm in at about $1000 and If it drops below $950USD I'll start phasing out my...
Looks like we have a bullish flag setup on Dash, if it breaks out soon, then it's highly likely we retest the previous high of $520 and possibly go beyond it to $580-$650. Don't trade a bullish flag until it breaks out! Would love to hear what more experienced traders think of my chart and analysis.
Take a look at the two green boxes and note the crazy level correlation. BTC has basically been following the EXACT same pattern it did in August. To do some simple maths, the green box on the left is 15 days wide, and the green box on the right is 40 days wide, so the pattern has been playing out approx 2.66X slower this time. In August the area of the pattern...
Can Bitcoin rally to new highs? If it can then I officially give up on doing TA on this coin forever... let's see what happens! For now though, from a TA standpoint it's looking like it should break down from the rising wedge it's in and go to at least the trend line at ~6500
Chart says it all. Near perfect cup and handle. Resistance at 350
Been in a massive triangle and broken out of that, but has strong resistance around 345. Set buy targets at 350. Once we break through that, then chances are high that it's going to 400 minimum. Targets are in chart.
Falling wedge signals a likely bullish run, if it breaks out of the wedge it should go to a target of approx 600.
Keeping a close eye on BTC... if this head and shoudlers completes then it's highly likely we'll spill down to $4000. And then possibly beyond that... My first post, be gentle. ;) Would love to hear what more experienced traders think of my chart and analysis.