slekap

slekap Updated 

Possible ascending triangle with 554-570 as resistance. If we don't break below the rising support any time soon, and manage to break through the 0.618 fib area, I think the likelihood of hitting the 554-570 area is far greater. At this point, breaking below the ascending support would mean a break below the 200 day EMA and in that case, we could head for 418-428...

slekap

Looks like a symmetrical triangle. 0.236 fib or 196 price level is strong support. 185-188 is also a strong support range because there was previous consolidation in this area and price has wicked into the range previously. I drew the rising support based on wicks but I think drawing it based on closes could also be valid. In the event we break below the rising...

slekap Updated 

Possible ascending triangle forming. Bounced off rising support and there's some resistance at 0.0390. If the macd curls up with this bounce price could range between the rising support and 0.03904. If it breaks out above 0.03904, it is possible to hit the recent high (0.04580). Breaking out below could result in a fall down to 0.03020. Recent dump from swing high...

slekap

There's a possible descending resistance and if so, could form a descending triangle with 0.12 as support. Wicks of the recent sell off and respected support area also bounced off 200 EMA. Current sell off could touch the 0.12 support area but I doubt it'll break it. If price breaks the descending resistance we could possibly see a new all time high. If it does...

slekap

Possible descending triangle forming. Declining resistance is strong. If price breaks and closes above declining resistance we could see price touch 23.79 although the 0.786 fib looks like there can be some minor resistance there. 18.76 and 16.98 look to be decent support levels that have been respected multiple times since we've been within the 16.98 - 23.79...

slekap

Possible descending channel forming. Declining support is strong. Macd bearish but above 0, no sign of reversal just yet. If price breaks and closes above declining resistance we could see price touch 20.60. The 10.33-11.47 range looks to be strong support however with the 200 EMA rising above the range, if we continue to have bearish action, it may bounce off the...

slekap

Possible descending channel forming. Declining resistance is strong. Macd confirms the recent bearish action but looks like it's starting to consolidate. If price breaks and closes above declining resistance and macd closes above 0 we could see it touch ATH and less likely but entirely possible, 1.618 fib or 0.07 area. If we have a massive sell off and break both...