IOST is bouncing on a small support it developed when it first dropped, breaking to the downside of this pennant, this seems to be strong support that is developing so far. Watching for a bounce here.
BTC is testing its lower trendline but appears to be bouncing. This needs to hold here. Expecting it to at least retest its upper trend once more. BTC is just trying to figure out where its new support will be developed long term since its never truly had a major support and its looking like 10K is the major resistance point so far. All this movement lately is...
IOST is now going to fill this wedge where there will be some nice scalping opportunities such as this morning. In at 815, target 900-950. BTC also at the bottom of the Pennant bouncing currently.
IOST is a new penny coin on Binance. Forming into a pennant on the 5Min, look for the breakout to the upside for some nice gains. Keep in mind BTC could greatly effect this but currently I see BTC moving higher.
BTC is now forming into a pennant. My analysis is leading me to believe that we won't see below 10K at this time, I see BTC breaking the pennant to the upside and attempting another bull run. If it does break to the downside we will will either bounce at 10k or down to 9k we go.
POE is forming into a wedge. A confirmed bounce must occur on one of the bottom trendlines and a break of the upper trendline would be confirmation that its breaking out.
TRX is currently in a falling wedge and my prediction is that it will follow the incoming BTC dip down to the 500's. Also forming into a Wedge on the longer timeframe but I believe it will breakout before ever testing that bottom trendline.
XVG Still forming into this pennant nicely. Looking for a healthy dip to 700 area when BTC dips. My target will be 1200 and if it breaks over that it will retest the original high. Nice trade forming here.
BTC is currently in a downward channel and looking to retest 10k. Its also consolidating into a bearish wedge at the moment. Im predicting a bounce near or around 8K. Watching carefully as it approaches the resistance again.
Watching CND for the break out of this pennant. Still watching BTC closely as I do not believe it has found bottom and it could effect this breakout.
$XVG Forming into a pennant nicely. Watch for the break of the upper trendline for a potential move to around 1100+.
$BTC/USDT Bearish Head and shoulders is forming here. Watch for the break of the lower trend line. This will cause BTC to test 10k and my prediction is that it will crack and bounce around 8k.
$POE Looking for a bounce off of the lower trend line at about 880-890. Forming into the pennant nicely.