Litecoin is making an uptick today though not quite beating out the prior day candle, but i'm going to take a bet and enter around $59. We just broke over the 20 day moving average, a bullish sign and he BB% has been trending up the past week. The average true range sits around $4 and the volatility is low at this point, so the swings will not be to great. My...
Ethereum is showing some signs of life today with about an even bullish candle to the prior day. Price has recently pulled over the 20 day average, a bullish sign, and may break the prior day opening. BB% has been trending upwards over the past week overall as well, another good sign. Average true range is low in volatility and sits around $18. My aim is the...
A small bullish candle is forming just about to engulf the prior day candle. I enter around 11.12 though we are two cents below the 20 day moving average. I believe we will see continued support here as the BB% still has an upward trend. Average true range shows low volatility with an average daily move of 58 cents. I aim for the top band around 11.80, so if...
We have a small bullish candle forming today that has engulfed the previous days candle. We find ourselves moving above to 20 day moving average which is another bullish sign. BB& also has a sharp tick up and the history has shown higher lows on this indicator showing there has been some decent sustained upward movement over the past week or so. I entered at...
I entered today around $532 dollars as we see a positive candle forming and is still above the 20 day average. The BB% overall has been on a positive incline even after the recent correction. Volatility overall is still low, so the move will not be to grand at this time. The average true range is around 49.60 meaning that the average swing in either direction...
Litecoin has officially entered a critical level. I love bollinger bands and I feel they work very well for crypto, so we see watch the 20 month average, which we sit just above right now. As with most coins, it has been a long term drop from their all time highs. We hope to see support at the 20 period average which were only two dollars over it at the moment,...
We see a lot of charts showing the daily outlook of Bitcoin, but not many people are talking about the long term. We say the coin is bullish or bearish, for right now I am still bullish on Bitcoin, just believe we are still in a long term correction. Since the all time high, every month has either been lower than the next, or equal. Many short term...
We are seeing a short term moving average crossover and sitting above the S1 pivot support. MFI is still positive showing continued upward momentum. If we break the current resistance zone and close above it in 24 hours, may be a good look for a short term entry. $250-269 would be the next zone of resistance if we continue the upward trend. Though if we fail...
Been awhile since i posted an update. I have not done much trading. I have here a possible trade forming over the next 24-48 hours. I have two moving averages based off the fibonacci 5 and 13 lines. Red is 5, blue is 13. As e see they are about to cross over, though we are in a zone of resistance. Possible trade here would be if we break past resistance...
Last week was a heavy dump, but we may still keep the higher low pattern as we are starting the week on a small but positive note. We are above the 10 week moving average and must remain above it to maintain a longer term bullish sentiment. That means we need to end the week above 6850. The week would need to break the 20 week moving average above 7470...
ZRX has been on a nice run the last four days recovering its heavy loss five days ago. RSI is about to pass over the 50 mark which is a bullish sign and were breaking past the 10 day moving average. I am going to gamble a small purchase here as the only concern i have is that volume has been on a decline the last three days, but on Bittrex the order book is...
We are finding ourselves in another support zone for Decred here. The issue i see as we have touched this zone a few times this week alone but the 10 day moving average has been a heavy line of resistance for Decred but as it slowly moves down into the support zone, this may act like a squeeze and either we will find support here and get a breakout above the 10...
Ethereum has been on a roller coaster over the last month losing more than half its value over the last year, though so many altcoins are based off the network i feel it will be one of the few that may last. Lots of altcoin values people say reflect the value of Ethereum as well so when we see ETH doing well over BTC altcoins tend to move the same way. On my...
We have MANA in a support zone showing some life today with an engulfing candle forming. We may need to see how this candle turns out with another four hours to go. RSI and OBV is starting to tick up a bit. This is one to keep an eye on for perhaps some small gains. I would wait to see if todays or tomorrows candle breaks out of the green support zone before...
We have seen a pullback with Bitcoin the last week, but in my opinion its a healthy one as we are pulling back to a swing point and we have not broken beneath it yet. I say we are in a decent buy zone right now and I'm going to place a smaller buy order today. The buy zone ranges from 6830 to 7050 as seen by the green box on my chart, though the 50 day moving...
Groestle coin has had a great run for the long term. Higher highs and lower lows shows strength for the long term and that is what i try to look for in my investments. We are seeing some support off the 50 week moving average right now and appears to be in a possible falling wedge at this point. We can only hope we see continued support above 6850 SATS by the...
I have Digibyte on my watchlist as the long term chart has always looked good. On the weekly we are trading well above the 200 and 50 week moving average here giving signs of long term strength and possible adoption. This past week saw heavy losses but we are seeing support at the 10 week moving average and we may be forming a long term descending wedge. The...
I have kept my eye on BAT as the weekly chart has shown higher lows for over the last few months and we are at the current uptrend line. If we continue this trend, this could be a decent area to enter, which I am doing, to accumulate some tokens. On the weekly we are above the 20 and 50 week moving average so i have hopes this trend will continue. If we see a...