yuri72

yuri72 Updated 

This graph just struck my eye! thought where have I seen this before: a shoulder-head-shoulder on the (fairly recent) daily candles that did not result in a sell off but instead a new bounce of the neckline. Answer: - this graph: - but also this one: - or this one: And there are many more examples to be found (another is for instance NXT/BTC). All these...

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Rise is another blockchain platform coin, which has an interesting proposition for its coin hodlers :) For every project that the Rise dev-team assists, coinholders receive 20% of the new projects coins. Currently they say to have 4 projects lined up, of which two are openly announced (interlet an Airbnb competitor and Chipz an online casino). From a technical...

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Ardor build up a huge Shoulder-head-shoulder pattern in its graph. But this bearish pattern did not result in a further sell off. Instead Ardor had a bounce on the neckline and then it did fell through a little, when it fell through price reached a new low, but the RSI-indicator did not, it made a higher low, this bullish pattern is known as: Bullish divergence....

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Counterparty has started to bounce off a horizontal supportline, that has been visited 4 times now on the daily candles. One could argue that this graph is also showing "the lately so often seen failed shoulder-head-shoulder" pattern that I was reffering to in my Zcash idea (www.tradingview.com), but I am not liking the shape of this one (especially the shape of...

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GRC had a massive shoulder-head-shoulder on the charts, but it did not trigger a huge sell off. There was some sort of downward channel though, which has now been left on the upside (small green oval). GRC has been reasonable steady in recent BTC-turmoil. Still the old neckline forms serious resistance. The upperline of the old downward channel should now give...

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After steady decline, Iconomi has left its downward channel on the upside. More so RSI managed to curl up just above oversold area. Look for a move towards 0.0065 (horizontal red line) as a first target.

yuri72

Qtum has touched the bottem of a falling channel.. and is rising up again: in a pattern known has lower highs, lower lows, als known as a downtrend! Will it rise further: not unlikely. Should you go long? I wouldn't! Plenty of more attractive coins out there that are in fact in a uptrend. If you would check RSI on the 4 hrs pricecandles you will see (from the...

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Lots of people often say Technical Analysis is just a lot of 'mumbo jumbo'. But in fact TA tries to capture mass psychology in graphs. Though it is not science, it often collides beautifully with 'real life facts'. Check this Waves graph. We see two support lines (green) and two resistance lines (red). The rising support line, meets the falling resistance line...

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Comments, input, more than welcome :)

yuri72 Updated 

Fundamentally I have some problems with this coin. One of the main price-driving factors is the fact that a lot of coins get burned ( chainz.cryptoid.info). More than half of the coinsupply allready has been burned and today only little over 1 million coins are in circulation, but the latest burn has been over four months! Maybe this has to do with the fact the...

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Ark has seen a nice upward run. As often the acceleration of the upmove (taken Ark out of the upward channel on the upside) also signaled the temporary end of it. Ark fell back in to the channel, all the way to the bottem of it, where yesterday it found support (green oval). The RSI-indicator never came close to oversold condition (not even on the 1 hour...

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We had a great run with our Iota short idea () but now it is time to switch to longs. A supportline (green) which started mid july has pushed Iota out of the downward channel (green oval).. to add to its merit a same supportline is present within the RSI-indicator. There is a little danger of a shoulder-head-shoulder forming (red curves). But the right...

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After getting caught in a downward channel, Neo has seen a considerable drop. Currently long term support is trying to push NEO out of the downward movement. Current sentiment isn't favorable (with China shutting down exchanges), on the other hand in cryptoland sentiment can change in the blink of an eye.. Also the fact that Poloniex has adopted Neo's gas on its...

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Bat broke on the upside out of a symmetrical triangle and is currently testing the first old peak of a series of four. RSI is on the rise, if it can follow through look for a run towards 0.00009xx area!

yuri72 Updated 

Siacoin is one of those coins that came down to earth after a huge bubble. The bubble formed a SHS-formation, the drop after this formation was halted by long term support line. Falling resistance got broken (green elipse) and an upward channel got formed. Look for the upward channel to continue, at least till it crosses the neckline (0.00000240 area, red elipse).

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Burst coin slided from just shy of 1000 satoshi to a little more than 100 in about 50 days. The slide was accompanied by a lot of bad news about DDOS attacks and forks in the chain. On its way down Burst took out some major supportlevels, which now have become resistance (horizontal and upward red line). Last few days Burst showed resilience, RSI did not manage to...

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Neo is trapped in a downward channel. Today it tried to break free on the upside. The break got sold though and Neo is trapped again. Look for new declines till at least the previous bottem (40-45 area), maybe even lower.

yuri72 Updated 

After completing a big double top formation, IOTA got caught in a downward channel. It was saved for some time by horizontal support which broke today. Also RSI is pushed down by a negative slopeline. If this RSI-line breaks a retest of horizontal support around 0.000193 seems likely, if the RSI-line doesn't break and goes deeper into oversold area IOTA might...