XLMUSD points of support/resistance. Doesn't look good at the moment -- headed to 0.07.
Bitcoin weekly chart shows hidden clues of support/resistance
Update on previous idea XLM is showing strength on RSI and has been painting a giant bull flag
RSI holding nicely, giant falling wedge forming on the BTC peg
I'd be targeting a ~209 entry point on ETH if the RSI doesn't hold it's trendline. Multiple points of confluence target a 0.618 retracement level.
I've been a bit obsessed with diagonals lately, and noticed this lining up to a rejection of BTCUSD at 4408. This would align to this fake head & shoulders breakout, which would lead to a ton of longs being filled on completion of the H&S , and then immediate liquidation of longs on a selloff. The only target bottom confluence I'm showing is 1237 with a timeline...
XVG in descending triangle, bearish divergence
9080 target for Bitcoin today! Bitcoinjust finished wave 1 of EW how I see it. You can clearly see 5 subwaves in wave 1 also. It also painted a nice hammer at the bottom of wave 2, which is a buy signal for me. I think it's a good day for Bitcoin today!
EOS not done! Another ascending triangle for 13% opportunity. I think this is a larger ascending triangle than the previous EOS breakout I called (), and we haven't hit enough confirmations on the bottom to prove that this wants to keep pushing up. This is what we are looking for, support pushing off the bottom of the triangle. I don't think there is an imminent...
I called the first ascending triangle at -- here's another chance! EOS has formed yet ANOTHER ascending triangle. History tends to repeat itself, this time with more bullish divergence.
Bitcoin is currently struggling. How I see it, Bitcoin has just completed the first wave of Elliott waves of a correction. It is losing volume, and RSI is showing bearish divergence. I think it's a long way down back to 7800.