ADA broke out from its ascending triangle pattern pretty to the book, look for a pullback now that it hit its target. Entry at the bottom og the 4th wave around Fib 0.5 (0.0000279).
Wabi appears to be in an ascending broadening wedge formation, right now with a partial pullback out of it's channel. Look for a reversal once it reaches the top at 1.272 (0.00014309) Breakout is most likely downwards from this pattern, with a 10-15% drop likely, retrace back to Fib 0.618 (0.00011388) or even the 0.5 Fib retrace.
Quick Trade QSP has broke out of it's symmetrical triangle formation. Entry point is around now 0.00001890 Resistance Fib 0.5 (0.00001952) Fib 0.618(0.0000201) Fib 0.786(0.00002119) expecting the breakout to reach about Fib 1.272 (0.00002403) Set your sells for a bit below these points of resistance to take profit. Stop loss around 0.00001800
LTC prepared for a breakout in ascending triangle formation. Counting the waves, looking it's forming a nice ascending triangle with resistance at 0.786 or 132.80. Good opportunity for entry might before confirmation is at the bottom of wave (2) at around 129.20. You can set a stop loss below the resistance and above (2) at around 132. Wave (4) cannot overlap...
BNB seems to be in a corrective wave down trend in a 3-3-5 pattern. It's retracing with the FIib pretty accurately, will likely find resistance at the .618 and then make it's way lover again for another 3 wave to the channel support and then up again, so forth. If it begins moving upwards and testing the resistance, then we can have a breakout, but for now we can...
As you can see there is a mini cup and handle formation inside the larger overall cup and handle configuration that is developing. Currently we are ready for a breakout, but we must watch closely. MACD is moving above the signal showing positive upwards trend. The breakout has potential to reach 1.618 retrace but will be tested at several points of resistance...
Ubiq is reaching a big resistance at 2.38 (red dotted line) or .786 retrace. Using the Fib time zones, the current trend should last until some time sunday, currently stand to scalp +/-5-7% scalp upon entry right now
Looking at the Fib overlays, BTC is moving around the .5 and finding resistance at the .618 range in the more immediate trend and in the longer range fib. Applying the Fib time zone we can see that from the formation of the high at Mar 5, the next two segments of the fib trends are a repeat of itself, there are double bottom adams that repeat in zones 1 and 2,...
I am thinking BTC will continue moving downwards, ultimately to the .786 Fib retracement level, which is around 4980. In about one weeks time or sooner, I expect the movement to reach the downward channel (black line) once it hits that, it will drop about 20% to the support at around 5460. The 50 EMA in orange is just crossing the 200 SMA in purple at the moment...
With the fib overlay, it looks like BTC has been bouncing off key levels, more notably it is headed towards the 236 in the red line below the dotted blue (lowest recent support). The moving trend is also failing to go above the 20Day EMA in the 1D view, the crossover is going to bring a bear trend and likely lower prices from here on out.
Bullish on KMD, breakout from falling wedge, breaking 50 day EMA, MACD crossover in to green, good volume. Entries: 3445-3515. Selling points: 3565 3740 3980 This is not financial advice, just telling it the way I see it.
ADA short, because it's a short coming, get it? h/S waiting for bearish downtrend to commence.
BTC finishing the last leg of the right inverse shoulder, potentially retest the 9k limit again
Current bearish breakout from slope head and shoulder pattern with descending volume. current target 8700 range or 50% retrace
Potential medium term play, but comes with risks. If the candles don't poke through the 50 EMA and close above, watch for potential reversal below the lowest point below 7200, most like down to previous low support. Alternatively, if it does break the 50 EMA, and fails to close above the high (red line) it will most likely come falling back down too.
Looking at LTC at the moment, forming a bullflag and a potential drop to black support line (from past 3-4 month low supports) from low volume and MACD below 0. Potential support at the trend line?
Just looking at the current trend in relationship to the black support trend line (formed from low supports from 200 days prev.) and the current downtrend that broke down from the head and shoulder pattern. If BTC moves and completes the symmetrical distance of the Head (from the h/s pattern) it will reach about the same support line in black, which is about 5200....