Houstency

Houstency

$CVX should retest the resistance at the $4.204 price range as shown in the chart.

Houstency

$RBN is bearish on the HTF, it has formed a head and shoulder pattern and trying to form a cup and handle formation which are all bearish, I expect it to breakdown the current resistance and continue its downward movements soon. Targets are shown in the chart.

Houstency

With the recent pumps in other similar Alts, I wouldn't rule out $LUNC following in similar manner. it has been trading within a rectangular range and formed a resistance within the rectangle that has held thus far, I expect it to retest the upper part of the rectangle any time soon as shown in the chart. N.B: It depends on #BTC price movement, remember #BTC is...

Houstency

Some interesting updates on the fundamental side of it, $GALA ecosystem going deflationary and the recent acquisition of a mobile game studio with over 20 million users. For the T.A side of it, $GALA has broken out of the descending wedge formation, and it should go as high as the $0.09069 target shown in the chart if #BTC permits. Remember, #BTC has been trading...

Houstency

$dYdX is trading within range, where the upper range is at $2.730 and lower range is at $1.182. Indicator has gone short, a retest of the lower range is expected anytime soon. Idea is shown in the chart.

Houstency Updated 

$Gala is currently trading close to a major resistance (which doubles as the exchange listing price on Binance) in a descending triangle chart formation as shown with the HLs it has been making, I expect the price to bounce from this price range to the upside. According to the Fib Retracement Tool, a major bounce should take the price towards 0.786 Fib levels...

Houstency

$RBN is trading within a range, with range high and low at $0.60477 and $0.16740. It can go both ways, depending on #BTC's movements. If the support holds, I expect a reversal to the range high price and if it doesn't, a breakdown of the support.

Houstency

$GALA is trading in a slant triangle, either an upward movement could allow for a possible breakout or downward movements for breakdown. Indicator has gone short on the daily timeframe, and further movements is largely dependent on #BTC price action.

Houstency

$RON has formed a cup and handle pattern and supported with the indicator showing long, from $0.3777, TP - $1.761, SL - $0.3003. Largely dependent on #BTC movements in the coming days or weeks.

Houstency Updated 

$GALA as been trading in the descending triangle formation for a while, it is currently retesting the support at $0.07548, if successful I expect more upside else downside, because of #BTC and macro levels effects. The supposedly upside is as a result of BTC temporary reversal, as we are still in a downtrend on the HF. Idea is captured in the chart.

Houstency

Support and resistance is shown in the chart. $dYdX is currently trading in a triangle, it has lost major support on its way down, I wouldn't rule out losing the current support, it could go the other way depending on #BTC movements.

Houstency

#BTC is bearish, and most #ALTs are bearish as well. If $Gala loses the current support it is testing I wouldn't rule out a further drop else since #BTC is consolidating price could go the other way.

Houstency

As shown in the chart, if the retest of the current support is lost, the next target is shown on the chart, it is dependent on #BTC.

Houstency Updated 

Break either the Support or Resistance, targets are shown in the chart. It is dependent on the #BTC movement!

Houstency Updated 

There is no major change in the $Gala price formation from last week's ideas. $Gala is still trading in the descending triangle chart pattern and about time a decision is made as we are currently trading at the edge of the descending triangle, if it loses the support, more downwards movement is expected towards the next support as shown on the chart,...

Houstency

As shown in the chart, losing the support at $24.96 and a retest of the next support is likely or a successful retest of the resistance at $30.38 and can give it the needed push to retest the ATH.

Houstency

$dYdX is currently holding on to the support in a descending chart pattern, if it breaks the support, expect a downwards movement as shown in the chart else I wouldn't rule out a retest of the resistance in the upper trendline in the triangle. I think #BTC is a determining factor here.

Houstency

Last Week's chart is still valid. For this week, price has to retest and break the support now resistance at $1.295 range, or retest the support at $0.81, I expect a bearish move as shown in the indicator, confirmation would be gotten from $BTC weekly close.