Had another H&S play out meeting the resistance line of wedge.
Currently retesting support line in and around 35k SAT.
Watching for a restest of the breakout zone from late August to form a macro trend higher low which will meet the lower wedge line in the green box.
Long-term NANO is one of my top alt/btc picks.
H&S activated. Broke neckline.
Watching 1hr chart: bounced from 35k SAT and retested wedge support as now resistance.
Watching Daily chart: watching new wedge pattern. Will post chart drawing.
Watching the H&S neckline on 4hr for confirmation to break to downside. Currently restesting trend support/resistance.
Looking for Daily 50 EMA restest and bounce at 35k SAT. Might correspond with Daily MACD cross to upside.
NANO moves quick so will require active alerts and tight stops when trading.
Saw an RSI pattern on Substratum 4hr chart which reminded me of a pattern called the "Failure Swing", which the creator of RSI - J Welles Wilder - notes in his work.
I've annotated the chart to explain what the 'failure swing' is and how it applies here.
Basically, RSI is finding higher low and price is finding lower low. If the RSI breaks above the dotted...
QLC appears to be partial to moving in cup and handles, breaking nicely to upside each time. In this case, we see the bullish Ascending Triangle form inside the Handle.
This is the 4hr chart. A close above the 2600sat resistance will confirm cup and handle breakout and is super bullish. We can watch for ico reversal from here. I'm watching for a run similar to...
Qlink may likely have a strong ICO reversal similar to OmiseGo. So I'm definitely bullish on QLC, but near-term forming a bearish head and shoulders pattern.
I've drawn out the support zones and the buy zone. If H&D plays out, I'll be accumulating QLC in buy zone for the bull run. Could easily do x2 and x3 current price.
Adex been trading in a triangle on daily charts. Looks ready to bounce and show it's move. Looking for first sell at 0.00025 and watching for break above. Next level 0.00033.
Keep in mind I'm not an advisor nor an expert.
