Looks like a very nice entry for FUN/BTC. FUN appears to be holding strong and creating a nice upward trading channel. Now is a nice entry point because it's touching the bottom of the upward trend line. In addition the blue box zone appears to be a very healthy area of horizontal support so your' chances of falling below this level are quite low. FunFair just...
FUN/BTC is completing a nice Bull Flag on the 4 hour chart. Notice the beautiful falling wedge pattern that is almost complete. If we tag the length of the flag pole we can project the next target to be 707 sats. Also note that the histogram shows sellers are running out of steam and bulls will soon regain momentum up. And lastly, the RSI levels have cooled...
FunFair's chart appears to be repeating history. Using the 4 EMA lines we've already had 3 of the 4 lines cross over and the slowest moving EMA is just about to happen (gray line crossing over the brown line). We also just had one of the highest days of volume in the history of trading. Expect a nice ride-up from here to the all time high. Recent News: FunFair...
IOTA looks like it is reaching the end of its massive run as we approach the above resistance level. I expect it to bounce off this resistance level.
BTC has almost completed the formation of a ascending wedge to form Wave 2 of 5. A retracement is expected to the .5 Fib Retracement line where it should find support. This is a key area for the VPVR. We've also crossed above the long term downward trend line (black) so that previous resistance might now act as support if we hit this region. It is possible...
EOS appears to be maxed out on its current run, reaching the top red dotted line which is also the previous all time high. EOS needs to retrace a bit to find support before it continue further and break through the red horizontal line. The deepest retracement I expect would be the .618 Fib line which also shows a strong VPVR area, however we might only retrace...
FUN/BTC looks to be repeating the same MA cross it made on 12/17 where the EMA 50 just crossed above the MA 200 line. Potential for 165% move up to reach the previous all time high.
Will we cross our previous high point? Possible we might need to retrace back down slightly to regain energy before breaking through. TBD.
TRX appears to have broken outside of a consolidation pattern. I am expecting a slight Retracement to the .5, .618, .786 Fib Retracement area on the most recent leg up where I expect it to find an area of buyers. If we stay above the purple trend line, this is a safe entry point with 40% upside potential.
This is an update from my previous idea a couple days ago (linked below). FunFair is continuing to tighten up into a bull flag. We are currently completing the second leg up and I expect will head back down to test the support area below. I expect FUN to break out around April 21st and make a 30% move up to the next area of resistance.
1) BTC appears to be forming a lower right shoulder. 2) Notice the bearish divergence with the RSI. 3) Very few buyers according to the blue histogram. BTC needs to retest the $7,500 level, expect Alt Coins to follow down as well.
This is an updated version of my previous chart for Verge. The .786 Fib Retracement line along with the long term upward trend line suggests where this price is expected to land. I do not expect price to go above the current highs and will slowly retrace back down to these levels.
Verge (XVG) just made their "huge" announcement (with PornHub). I'm expecting this to be a classic example of buy the hype and sell the news with a retracement to at least the .786 Fib retracement line. In addition many people have not yet heard about the 51% attack news that out on April 5th. The development and leadership team is incredibly incompetent and...
NEO is currently testing a few key resistance areas right now. Just above it has the 100 day EMA as well as a strong area of horizontal resistance. NEO will need to break through both of these areas if it expects to continue further. However above those areas it will also face the long term downward trend line as well as another area of horizontal resistance. ...
FUN/BTC Appears to be forming the start of an A-B-C bull flag pattern. Currently on the 5th wave of the A move down. Expecting to hit support at the .618 Fib retracement line and 100 day EMA. We'll then rebound to complete the B-C moves and complete our bull flag formation. Using the Fib 1.618 Fib Extension line and a previous horizontal area of resistance we...