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.
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
Omnisego/Dollar - 9.75 cmp
Target - 10.5 plus
Stop - 9.80
1) Nice double bottom setup.
2) Price above 200 ema and 30 ema with both sloping upwards.
3) Double bottom neckline cross observed leading to a formation of HH and HL pattern.
ETH / USD
Target 550 plus
1) Price retraces to previous resistance, which ideally should be a support.
2) Price resting on a long term support trend line.
3) Price just above 30 ma support.
Today Bitcoin is ready to break the so awaited round number - $15,000 level. It’s trading around $14,950, and the breakout looks like just the matter of few hours.
And there is no way, the crypto currency is going to retrace in the nearest future, as the two key events are looming. First, CBOE will be offering Bitcoin futures starting from December, 10.
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.