Things are very unpredictable right now, but it appears that ETH will have to make a decision in the next day or so. Breakout back towards 0.12 or fail to breakout and drop back to previous support, maybe 0.106. Below 0.1 is possible at this point.
SC has been rising in a nice channel for a while. I have outlined three possible scenarios in the coming weeks. 1. SC continues in the wedge and breaks out. 2. SC fails to break out of the wedge and instead falls back to the upwards channel pattern. 3. SC fails to break out and then falls out of the channel back to previous support lines. I believe that scenario...
What an interesting couple of days it has been. I'm sure a lot of people are freaking out about ETH right now. Given the recent movements it seems unlikely that ETH will continue in an uptrend. What seems more likely is a drop to 0.086 support levels and then a bounce. Unfortunately there seems to be a lot of correlation to whatever the fuck BTC is doing, so who...
Stellar has been consistently hitting the same support line for about 2.5 weeks now. If the volume starts to pick up over the next week or so we could see a breakout and a return to the stars. Don't put the house on it, because it's too early to tell, but it's definitely a coin to watch. Also, check out my friend's chart below for his thoughts.
Looks like FCT is in the middle of an upwards wedge formation. Looks juicy.
ETH has proven to be a very solid market. If you look back over the past month or so there have been about three big pumps. This pattern has formed a upwards channel of sorts. I expect this trend to continue over the coming months. We will probably see a few big dips, but hold strong and prosper.
SC has been slowly building for a while now. We have seen a few breakouts and the lows have been much higher. Sia certainly looks like its gearing up for a trip to the moon. My short term target is 800 sats. Mid term is 1000-1200 sats.
ETC has been steadily building for a few days, and today particularly it has seen a lot of growth. It's now creeping up towards the ATH that was set roughly 2 weeks ago. If that falls we could see a push towards 0.01 during the next week.
LTC has returned to the same support line at 0.01 several times over the past three weeks. This seems like a solid foundation to go up from. Judging on the wedge and the previous resistance levels, we could see some upwards movement in the coming days and weeks. I think a low entry point is between 0.0102 and 0.0105. This is my first time charting LTC so I'm not...
This chart is highly speculative because of the large timespan, but it can't hurt to have look. The previous wedge resistance charts I've made have been remarkably successful so I scaled this one up to a mid-term chart. I believe we are in the middle of the first of several cup and handle formations, which will get increasingly larger. My target is maybe 750 sats...
It seems like ETC is forming a pennant and within that there seems to be a slightly steeper upwards trend line. We could see some pretty good upwards movement by the end of the week, but there's a fair few resistance levels in the way so the volume will have to pick up a bit. Definitely one to watch.
So a lot of people have been talking about a head and shoulders pattern forming in ETH. On one hand this is totally plausible, given the meteoric rise over a very short period of time and a bit of a drop in volume. However, it could also be a tactic to fake people out. I've highlighted some key support lines that we might hit if we keep going down. So it's not...
Looks like a near perfect cup and handle formation has just finished, which could signal a slight uptrend. I don't think we are going to see any significant upwards movement for a few days, and certainly nothing sustained until maybe next week. It will probably dip back down to 500 or below a few times before it moons, but just buy the dips and hold. Also, check...
After yesterday's mega surge it looks like ETH has settled down for a little bit. It may be taking a breath before the next run, or it may be burnt out and decide to fall and take an ice bath. Either way, it looks like decision time again in the next 12 hours or so. ETH seems to be forming a pennant (thanks a.trninic9 for the tip). And there is a possible 'W'...
It is that time again folks! Decision time for SC. Sia has proven to be an incredible fighter over the past week or so, hopefully that trend continues. But if it does drop, buy the dip and hold. It will come back up.
I think we have recently hit the bottom of a cup formation. Ethereum broke out about 14 hours ago, and ever since then it's been bullish AF. Support levels are on a steady uptrend. The one week high fell with no real complications about 2 hours ago. This all points towards a bullish trend. If the cup forms fully it is likely there will be a dropoff or handle...
Based on consistently escalating support lines and highs, I think we could see ETH break 300 USDT next week sometime. We saw ETH break 200 USDT about 11 days ago, and since then it hasn't even looked close to dipping significantly. If you have bags in ETH hodl for life, we are going to the stars eventually.
The wedge is getting cosy for XEM. It will have to decide in the coming days. There seems to be some strong support at around 7600 sats. Hopefully we will see a boost upwards.