theloneisobar

theloneisobar Updated 

Despite negative sentiment and the USA's threat of further import tariffs on China which impacts the AUD, technical analysis suggests a Neutral to Long pattern. Price action on the 1D chart appears to be respecting the Broadening Bottom pattern and at close of market on 8th August 2019, at the support trend line (blue line) of the 4th touch in the channel. This...

theloneisobar Updated 

A possible cup and handle reversal pattern may be forming on the Litecoin-Bitcoin pair (LTCBTC) on the 4 hr chart. With the cup component already completed, the base of the cup reversing off the demand zone (blue shading), the handle component has shown a steady and consistent downtrend channel which has recently found support along an uptrend zone of support...

theloneisobar Updated 

After a bullish 'Cup and Handle' pattern was completed on the 3rd March, VRC appeared to find resistance around a long-term resistance trendline before bouncing off an shorter-term upward support trend line. VRC broke the long-term resistance later on the 3rd March and jumped 20-25% before further increasing after a temporary lull to hit the upper long-term...