Skyrex

Skyrex

The price movement went out of the triangle and formed the XABCD pattern. MACD (12, 27) and moving averages indicate a further growth. The price can form 5 Elliott wave pattern if it bounce from the Fib 0.5 support level. We will carefully watch this coin and provide you with all updates. For now it is a good trading opportunity.

Skyrex

Momentum (10), MACD (12, 27) and Stoch RSI indicate a good buy opportunity. So do simple and moving averages (10, 30, 50, 100 and 200) while Ichimoku Cloud Base Line (9, 26, 52, 26) is neutral, hence the price does not have any significant resistance. There are a lot of good fundamental news that will increase the price in the following month. We recommend to buy...

Skyrex

The bottom line of the triangle is the support that was tested twice, currently the price is near this level and should bounce again from it. This will be a fifth Elliott wave which will break the Triangle upward. We expect a significant rise of this coin as its fundamental basis is decent as well as technical. It has been recently added to Bittrex and we waited...

Skyrex

We detected a possible H&S formation. The price is currently below the Ichimoku cloud while Stoch RSI indicates oversold zone, volume is rising, hence the price will go up to the upper edge of Ichi red resistance line. Then it will go down finishing H&S formation as Hull Moving Average (9) and Exponential/Simple Moving averages 200 indicate sell time. The price...

Skyrex

Technical indicators: Momentum (10), Exponential Moving Average (10, 100), Hull Moving Average (9) - shows a growth possibility. The price consolidated at 0.0000100 level and is about to break the triangle upward. Moreover, if this happens then Fib 0.618 resistance will be broken too and a new wave of growth will start.

Skyrex Updated 

The price has overcome Fib 0.382 resistance and is on it's way to form Cup&Handle pattern. Stoch RSI indicates overbought state, wait till the price consolidates a bit and buy for a short term trade. Alternative scenario is Double Bottom formation but this will only increase timeframe of the signal. Fundamentals are good and the most of indicators (Bull Bear...

Skyrex

Pessimistic scenario was rejected, we have a lot of market recovering signs. The price managed to survive bear pressure. H&S pattern wasn't finished. At this moment the price should consolidate in the channel and if it bounces from $8500 level a reversal and further growth will happen. However it will be a fifth wave of growth and there is not enough volume to...

Skyrex Updated 

The price moved accurately like we predicted in the previous analysis. However, there is an opportunity to form H&S pattern as there wasn't sufficient volume to overcome the resistance of $9000. BTC is at a critical moment: right now the price can move in two scenarios with equal probabilities. It is below Ichimoku cloud and the red line is above the green line...

Skyrex

Double bottom is forming right on the Fib support level, while the price is above Ichimoku cloud. Moreover Stoch RSI is in the oversold zone. We expect a short term growth to the 0.000715 BTC. Stop loss is below 0.000560

Skyrex

On the 1-hour chart we can see that 5 Elliott impulse waves were followed by ABC correction waves pattern. After this Cup & Handle pattern is forming. Right now the price is above Ichimoku cloud moreover the green line is above the red line right in the place of handle formation. Moving averages and Stoch RSI indicates oversold zone. Combining with a strong...

Skyrex

We expect a bounce from Right Shoulder right to the the upper edge of triangle and resistance level of 0.5 Fib around 15000, testing this patterns for a breakdown. In case of success consolidation above 0.5 Fib the price will continue to grow. ADX is waiting for relizing platform, but exact date is unknown. But, if the release date is transferred, we can expect a...

Skyrex

The price broke Fib 0.382 resistance level and is consolidating now forming 5 Elliott impulse wave pattern which will move the price out of the triangle. Stoch RSI confirms this scenario. If this happens then XLM will grow to the next resistance level of Fib 0.236. This asset has a great potential and is going to return to the previous heights. Buy only when the...

Skyrex

BCC moved in the descending channel 20 days and finally broke out upward. Oscillators and moving averages indicate future growth. Resistance of Fib 0.5 was broken. The price will move to a higher levels of trade after a small consolidation

Skyrex

On the 1-Day time frame we have a very optimistic scenario which indicates a growth in this month. The asset skyrocket in June and was in descending channel till the end of December. When it found the support the price went up in 5 Elliott wave pattern this was followed by Elliot ABC correction wave and stopped at Fib 1 support level around 0.000399. Oscillators...

Skyrex

ABCD harmonic pattern was formed. Price moves in the ichi cloud while green line of it is above the red which represents the strong support. Our analysis based on oscillators and moving averages indicate that the price will move up till to the edge of the cloud and then will retrace till its bottom. In case of this scenario there will be 5 impulse Elliot waves...

Skyrex

On the 1-Day time frame we have a very optimistic scenario which indicates a significant growth in the following month. We examined 30-Minutes charts and found that after harmonic pattern XABCD we may see Three drives formation as RSI and MACD indicate an overbought state. The completion of this pattern will bring the price to the mentioned in the signal targets...

Skyrex

Market grew up significantly during this night, volume is also rising. BTC price went up and returned to the previous channel after the rebound from Fib 1 support level. In a very optimistic scenario it has chances to consolidate there after a small price decrease as it is in the overbought zone. Then important resistance level of Fib 0.786 will be broken and the...

Skyrex

4-Hour time frame the price is still in the Triangle. We bounced from Fib 1 support level if the price manages to overcome resistance of Fib 0.786 and to consolidate there, then it is a good moment to enter the market. Stoch RSI indicates an oversold zone taking into account the recent rebound, the market is in bullish mood. However BTC is still manipulated by...