You may have seen this before but I wanted to see what you all think of it.... As you can see, price action have been executing on the 6th of every month the last 7 months. Why? How? I don't know, so if you have some sort of idea or insight, please share. It's just bizarre. Now we sill probably be hitting the low on the 6th of June again and that will form a...
Came to a stop and crawling. Got rejected trying to fall below support at 50 fib. Tested the trend line acting as support a few times also. Ichimokui Cloud suggests bearish downtrend on 4hr chart. But clear sky on the daily! EOS is cornered, its decision time! Sellers, get outta way! Currently 2nd total volume trading on Binance at the moment. FLY EOS,...
Yet another good looking cup and handle formation. Currently oversold at 23 RSI, sitting right below the 50-day moving average and in a good spot to start the upswing any day now after finishing up consolidation period, low volume so the bull can take place and run it up. Probably a good time to buy in couple of days once it breaks the resistance at 2900. Should...
Keeping a close eye on SUB to go long the next few days. Hope to find support at around the 200 MA and find another buying signal confirmation using Ichimoku Cloud. First (Bullish) signal is the tk-cross on 4/14 but it was a weak one since it's below the cloud (Bearish). And we If everything goes as planned then it should break thru the cloud on the top side...
There seems to be so MANY cups in crypto space or I'm just losing it. But this might be an opportunity if it is in-fact a cup and handle formation. Please leave a comment or like if you agree or not. Happy trading!
Looking at 4hr chart, TRXBTC seems to be consolidating as its forming this swan pecker. A break out is a-comin'. Now the real question is breakout above or below? I'm still learning but my logic says that its probably going to break above seeing that it sits below 50 day moving average and above 200 day. If you have a comment, please leave it below. Hit the...
First post - I actually don't know what I'm doing, clearly I'm just here for free wi-fi. Thought I'd put in my two-cents on "Bull or Bear?" conversations out there. Sitting at the Major Support Level around $8500 which is right at 50 day MA and below 200 MA. The Ichimoku Cloud suggests a rise up. RSI close to 50 The MACD crawling in the bearish...