mumbojam
How to trade Ripple for those of you who want to be cRippled: Follow the trend lines. We can see the clear downtrend since ripple was first added to Bitfinex on this chart on a longer term. We can also see we have just recently made a visible bounce off a support line. Using trend lines or in this case a fibonacci channel we are able to have general support &...
This is an educational technical analysis of the past 10 days based on the trading I have been doing recently from patterns I have been noticing during price movement starting with our outbreak into the $5000+ pricing. - By creating a trend line it gives us an idea of when an outbreak or a downfall may occur I have done so using swing lows since the dip last...
If we break out of the rectangle heading downwards following Fibonacci we can monitor for a bounce off one of the levels based on the momentum of the moves. If we bounce off the rectangle and break upwards I would expect a strong move upwards to test resistance again.
PAYBTC is another coin which I have been very bullish on alongside Metal in the payments area of Cryptocurrencies. I think PAYBTC has been heavily undervalued for the updates and growth they have shown us already. I believe when better branding is done, a step up on the marketing and listing on more exchanges we will see the price EXPLODE even more than it has...
Pivx has already seen a STRONG rally of 1000-6000% (10-60x) This coin seems to stay strong with the core fundamentals of crypto and focusing on true decentralization. On the 1 day chart, we have stayed strong above the 314 Moving Average, and recover strongly through the 200 Moving Average. I think Pivx is great at the current price and with how it held through...
Storj, Sia, MaidSafe and Filecoin are all built with a native storage marketplace where users and hosts can buy and sell storage space. I believe Storj's partnership with FileZilla is huge, and such a strong and bold partnership this early I feel like Storj is being slept on. Not only that but we have already called support trades on Storj before yielding...
Looks like we are back on the uptrend support with Metal. A coin which has been on this strong and visible uptrend since the 3rd day after being listed on Bittrex. Metal has strong fundamentals, a clear and visible uptrend channel which we are on the bottom of also a good buying point. When we look at similar cryptocurrencies such as MCOBTC we can see the visible...
Techincal: I think we can use the red lines as support and resistance and may see a continued higher highs and higher lows up until the burn is done. We need to see a strong spike in volume and interest if are going to break the resistance and generate a strong high. Although 70% is being burned off the total supply 29,519,400 has been the median circulation...
If we break the resistance our buy will grow, if we can not break it we will fall and potentially fall even below the support.
Breaking Ichi Cloud - Kumo-Twist on the 30-minute scale. Above the moving averages. Probably being undervalued at the moment.
Buy the uptrend support, sell on route to the uptrend resistance. Volume increased today with the update.
Showing some Buy & Sell Zones on Aragon.
I think we are going to fall the through the .618 and possibly go halfway to the .786 fib before rebounding. Ma's have crossed which is good, but we are still below ichi cloud and showing more bear than bull signals.
Buying the dip, Gan Fans show our support / resistance lines. Earnings have turned around.
On a 15, and 5-minute scale we see an inverse head and shoulders which is a reversal pattern We buy the on breaking the swing high (neckline - blue line) We set a stop loss on the latest swing low ( estimate - the lowest point swing on breakout - red line) We can also see a kumo-twist happening with a blue cloud on ichimoku
We can see an ascending triangle after ANTBTC has hit a strong support level. Aragon has a strong team, value, roadmap, partners and more. I would hold for a while. Premium's in discord have had a signal to buy this from a low point, and are already up a good amount.
On a 1 Day Timescale, I think we could potentially see a formation of a possible 3rd Elliot Wave. We see some Elliot Wave rules being followed for the first 2 waves, we have a strong support at 0.00078000 Satoshi. The downward movements have also seemed to be running out of fuel, we need to see a strong increase in volume compared to the previous first wave...
It seems we have a strong support at .00098011 Satoshi Indicated in green. We can see a Falling Wedge, which is a strong trend reversal signal. MACD confirms the upward movement. Stoch RSI confirms overselling happening at the support each time at the 0.00098011 level. Moving averages are still showing bearish for the most part but we can expect a breakout in the...