Inverse Head and Shoulder forming on ENG/ETH. Likely will bring it to the top of the recent range trading
Head and shoulders forming on ONT/ETH. Note the declining volume. H&S target lines up with previously established support line.
Crucial point for ETH/BTC to declare whether it's going to rise to the top of its long-term channel or reverse and continue the Winter 2018 downtrend. This is a 1 day view. My suspicion is there will be a breakout to the upside given the recent momentum, bullish EMA cross, and relative strength of BITFINEX:ETHUSD relative to BITFINEX:BTCUSD . But no reason to...
1 day view of ADA/ETH. Massive upswing in volume accompanying the second breakout above a short-term uptrend. This all comes after ADA fended off the bears well before the recent uptick in the rest of the alt market, too. Just look at the volume in the recent spikes compared to the earlier ATH. I'm going long here, see you at the next stop. This is for...
Unfortunately DOGE/BTC is likely to keep dropping until the next time it goes viral. I expect this peak to be smaller, to be followed by a correction to complete the head and shoulders, with the next spike bigger than any prior ATH (which makes sense if crypto continues to gain adoption and more people enter the market during the buy craze). Expect this to play...
Earlier timeline was a bit off, but the QSP/ETH trading pair QSP/ETH is respecting the previously established support levels and just busted through the trend line with a big upswing in volume. Bullish divergence on the MACD as well (not shown). Y Combinator of course starts tomorrow with a private preview today. This is for educational purposes only
All I can say for certain is that the QSP price is going change in one direction or the other, and it will happen very quickly. I'm personally bullish. While it's hard to predict exactly when QSP will break out of it's current descending triangle formation (dark green), it's already managed to break clear of its downtrending channel (pink) and there's a firm...
While it's hard to predict exactly when BINANCE:QSPETH will break out of it's current descending triangle formation (dark green), it's already managed to break clear of its downtrending channel (pink) and there's a firm line of support (dashed green) right on the horizon. It'll happen at or before the intersection... which happens to coincide with QSP's debut at...