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Crytpocurrency

KMD may be looking to start moving in the next 12 days.First off, sorry for all the trendlines. I like using them to find out what the pattern a chart is expressing. Here are a few things. The purple boxes are the major consolidation areas before or after a move. With the trend looking and BTC going sideways, we should be seeing KMD start accumulation phase again and consolidate side ways into the blue and purple upward trend. If the current support breaks, we should be looking to go down to the next purple box below for support. If our support trendlines were to hold we could see a couple of scenerios. One, we go into the channel of blue-purple-blue uptrend to look for the next ATH, which to be completely honest, is not too high of a chance happening in my opinion. This is purely because what may happen to BTC in the near future. Second, which is more likely, will allow us to go into the grey sideway trend to start rallying upward and maybe bring both the 231 MA and 77 MA together to a flatline, then look to breakout for the ATH. This is more natural because of all the downward momentum that is pressuring the trend line. The two red circles indicate that the trend reversal may be happening. We are going to retest the Kumo cloud to try for an breakout. Due to market manipulation, we may see a few spikes here and there. We have just observed a manipulation last night and it has successfully rallied the buys and made it move up by about 20% before retracing to a consolidation. If it gets more manipulation we are more likely to see it fall to the below yellow box to look for support. Let me know what you guys think.
by ChaiQixuan
3
Ups and downs till the end of yearIf you take a look into a chart in a longer perspective, you'll see we're in the beginning of third phase of rocketing the BTC. History shows that couple of weeks before the top we're seeing one tryout (which already happened last week with ~5900), step back into 5300 in order to refuel (lasting for around 7 days) and one nice rising trend straight to another level (6300) by the end of October. Then we'll see huge correction to 5000 by the end of November and finally big jump straight to the top at around 7300. I am planning to keep my current BTCs till the end of October, get rid of them in order to get assets for bottom and buy as much as possible to celebrate year end top.
COINBASE:BTCUSDLong
by BartoszNowakowski
4
NEO Continues Downward Trend Before Next BreakoutThe dotted line shows the long term upward trend that NEO exhibits. After each breakout there has been a large correction that usually lasts several weeks before finding a steady price. After weeks to months of stability, TA suggests that the next breakout is inevitable. TA currently points to sometime mid-October for NEOs next breakout, but fundamentals could push that date up even earlier. Join our trading community here on Discord: discord.gg
Long
by Logicmn
BTC/BRL (Foxbit) – 4hrFibonacci Extension from previous 2 lows to previous ATH confirms consolidated support at ~14.100 with next support/resistance at ~14.500. Next leg up takes us to ~15.000 psychological resistance and fib extension with final bull-run resistance at ~15.700. The Brazilian markets have a tendency to play catch up, and when they do, they usually overshoot targets in both directions, but particularly on the downside. We see less volume to support this bull run than previous runs, however there's still enough to push us to ~15.000 in my opinion, or at least close to it over the coming days. If you're not already in, we may head sideways for a day around the 14.500 support line. On the hourly chart entries in the cloud 14.270–14.380. Should this trend line hold, we'll arrive at the 15.000 mark by 6am tomorrow morning (Brasilia Time). The only way I can see this happening is when Asian markets come online and push this bull further throughout the night. If we make 15.000 by tomorrow morning, expect a pull back to to 14.500 before continuation of trend.
BLong
by billaddison
4