Ontololgy recently experienced a downtrend breakout, like many other crypto currencies. a clear inverse Head and shoulders pushed thru previous resistance, and currently a trend/100ma/8ema/neckline test is unfolding. this may be an opportunity to buy at discount prices, as the August 20" area is now support, and the june 19 area of resistance was recently tested....
Walton chain recently experienced a weekly breakout of a long time downtrend. a clear buy signal was given on Jan 18, 21', following up with the formation of a beautiful inverse head and shoulders at the same time. while there may be short term downside here as it tests support on the breakout and neckline, a long term target of $2.50 + and up to $13 are open in...
LINK has been a bit of a front runner , making a Technical reversal move up far sooner than many other cryptos. Here, we see that link is clear to $15.5 -$16.25 short term, where a .786 weekly Fib line awaits price action. we may see a technical correction here, but it may only be short lived. As always, failure to breach the .786 fib line can result in a trend...
as we see here, XRP has formed a very visible inverse Head and shoulders formation. since the 200sma is right near the neckline, i expect some what of a bounce down from here from $.36 short term. Also, since historical resistance of $.30 has recently fallen, i expect a Retest of that price before a signifgant move past $.36 can take place. short term bullish,...
ZIL has a chance to make another leg up, after a long consolidation period. approaching the .786 line, ZIL has already confirmed a buy when crossing the 8ema with a 8/21 cross on the daily Time frame - November 6th. forming a very large inverse head and shoulders, a bullish signal has flashed once again. A break past the .786 with close and hold confirmation...
here we see a Inverse Head and shoulders with a defined neckline. a move up twards th ascending trendline, and the 1,414 fib line seems in play. ADA is already clear of the 8/21ema and all SMAs. MACD supports a buy, as well as RSI not yet being overbought. bullish short term here, if we can break and hold $.137 a longer term breakout on weekly/monthly could be...
as you can see the , nothing much has changes for xrp here...still under the 50ma, under the pivot, flirting with the 8/21 EMAs, and stuck in a pennant, consolidation is about to come to a close. sell signal on zero lag macd, rsi flat, stoch rsi is high...all of the signs of a fall are there, and this perfectly lines up with a BTC run to $9600-9500 thus closing...
--- this is a 3 day look so i could get more data on the screeen. the drop to "the basement" would test and reject breaking the daily 200ma. --- XRP failed to hold the 200 MA, and has fallen back into the 2.5 year long bear trend again... indicators are pointing down, fib lines are breaking south, support lines are failing. under the daily 50 MA, 100MA, 8ema,...
this chart provides an answer to what I think is soon to happen... its all spelled out there for everyone. Not sure on time frame, but eventually it will pan out. thanks!
algo looks to be a failing to break the .50 fib upward, and holding the downward trend line short term. Stuck between resistance above, and a massive amount of support below, a test downward is only logical from here. A Big Head and shoulders looks to drive continued capitulation, and force a test of the monthly support line . I expect a bounce back up from...