LTC / USD
target 350 plus
1) Price has been consolidating after the recent spike
2) Consolidation pattern has formed a nice Head and Shoulders pattern.
3) Has the potential to go past 350.
4) Above 350, no resistance zone and hence open target.
BCH / USD
1) Nice triple bottom setup.
2) Price has broken multiperiod high spanning since inception for the first time with good volumes.
3) Post breakout price has retraced to previous resistance which should ideally act as a support
XRP/USD cmp 0.66738
Target 1.50 plus
1) Price breaks past consolidation zone in 1hr and 4 hr chart.
2) Base of 0.35 broken with excessive volumes and past this price has moved higher with excessive volumes.
3) Strong momentum seen
BTC / USD
Target 19200 plus.
1) Cup and Handle formation observed in 4 hour chart.
2) All HTF MAs sloping upwards
3) Bullish continuation pattern with breakout post C&H formation.
SALT / BTC
target 0.0006800 plus
1) Price goes past 200 ema with huge volumes.
2) 30/200 ema crossover confirms bullish structure.
3) Right penant breakout observed which also complements bullish structure.
4) HH and HL formation gives further conviction to the bullish view.
IOTA / USD CMP 1.91
Bias : Long
1) Price breaks upward trending resistance line with huge volumes.
2) Further complemented by penant breakout which resulted in the current spike.
3) Good one to go long with a target of 2.25 plus.
4) View not valid if price drops below 1.65.
Swing Trade (D, 240)
Price is in overall seller territory from D perspective, we broke the major S & R (green line) and price rejected twice going through that area and left a probe. We turned people into buyers so that we can sell for higher price. On 240 sellers shows an aggressive sign of coming back swiftly challenging the buyers who started this movement. We...