Tesla was breakout the VCP pattern yesterday. Target to 587
Based on the BTCUSD chart, it is making a VCP (Volatility Contraction Pattern). At this stage, it wait for an upward breakout. Once it breaks around 9.8K and the volume is following to get higher at the break out time, the up power is high and fast. Other signals: 1. SMA 50 > SMA 150 > SMA 200 2. SMA 50 is in up trend 3. SMA 150 is in up trend 4. SMA 200 is in...
Look at the BCC chart, it is manipulating and pumping. Not running in natural like other coins and tokens. Stay away from this coin.
Look at the chart, STORM has to do a correction. The pattern is most likely a "cup and handle" pattern but the handle may be making longer and lower.
Based on the chart and indicators, ONT reached the short term High. It is time to do the correction. Because it is still not enough data to see the long term trend, keep alert on it until there is enough data to see longer period. However, if it follows the NEO trend, it is still good to hodl in long term. Please follow up on this token yourself closely.
See the chart, NEO is time to buy now. It is running a long uptrend from B to C in a wave
ADA is now performing the beginning of a "cup and handle" pattern. It is still making the cup. If you like ADA, you can buy and hodl now. If you are a trader, wait for the handle in few weeks or months. If the "cup and handle" pattern could be formed, it will moon.
Same as BTC, ETH is safe to hodl. It has a little bit selling force will come but it is safe. The uptrend is setting up now. Buy on dip.
Follow up on the BTC, it is still good to hodl. It may have a little bit down pressure right now but every waves will get the higher bottom in this rally. Very safe to hodl it.
EOS is now reaching the Top of this wave. It is time to sell it out and wait for another long term wave.
I am keeping on my last view of ETH. It is going to start the recover from the bear market. I am sure the bear market is over and the lowest price is found at last 2 days. Give some time to ETH for recover and setup the next uptrend. I guess it needs around few weeks and the entry point will be there.
In short term view, BNB is still running downward compares to BTC. It has to find a lower support first. The last long green candle is just a pump instead of rebound on the strong support.
For me, I will choose BTC. Looking at the BCC, it is still in struggling. It just follows the trend of BTC without running on its style and trend
Reviewing ADA lately, missed the dip on ADA/BTC but never mind. ADA will run faster than BTC on the coming uptrend. Time to jump in.
ETH finally hit the long term support line yesterday and have a strong rebound now. All indicators are at the oversell area and at the crossing signal which means that it hits the lowest price from this round of bear market now. It is going to the next round of up trend until all the indicators going to overbuy with cross signal.
BTC hit the dip at $6K last month and the price will not lower than that price again based on the indicators showing. Now is the best time to entry and enjoy the next up trend at the beginning.