Ziomus90

Ziomus90

Descending triangle, RSI about to cross / has crossed into 50s, OBV is printing a bullish flag, it broke 50/20 emas. We may be looking at a break to high 5s / low 6.

Ziomus90

Of course, this will likely reverse if spy reverses, but fingers crossed.

Ziomus90

Google is printing a fairly big bear flag on the daily. It's also looking to break the channel, and if it breaks support, it'll go below 2k. MACD is also looking to flip. Break of channel's resistance invalidates this.

Ziomus90

Descending triangle on a 4h that needs to be broken. Triangle's resistance is also the 50ema on a 4h timeframe.

Ziomus90

$rep about to break out of the pennant flag pattern. Targets in the analysis based on the flag length and resistance/support levels.

Ziomus90 Updated 

Everyone is focusing on major price support/resistance lines, but there is this falling wedge which has been in play since ~end of May. The 20EMA has now lined up with the upper resistance line - break that and we may have a decent move up. $btc

Ziomus90

I'm no expert but I'm pretty sure that is a decent falling wedge. Today's candle topped (so far) right at it as well. If this breaks up, it can definitely run. There are a lot of bag holders out there super frustrated and waiting for something to happen. MACD is still bearish but once that and RSI show some signs of reversal, we might be onto something. $zom

Ziomus90

Fairly significant resistance around the triangle area. The daily candle wicked right on it. If we break it, I see $etc maybe doing another 2x in the short term. I'm just not sure if we have enough steam based on the other indicators.

Ziomus90

If we ignore that brief pop up above the horizontal line, we have a nice ascending triangle going on. If we don't ignore it, the trend line is still tracking nicely. Let's go $ICX, next resistance to break 5k sats.

Ziomus90

XLE looks to be entering a downtrend. If the 50EMA break holds, we should be heading towards the low 44s. RSI is in a downtrend as well. MACD crossing into the bearish territory. This is a decent EFT to have in your LT portfolio with a ~5.5% dividend. Low 40s would be nice. Mid to high 30s would be great.

Ziomus90

Rising wedge on $vet. Profit taking in the rectangle if you want to get out and convert to $btc or fiat.

Ziomus90

Looks to me like an ascending triangle breakout. Unfortunately, the volume is fairly week, but we'll see where it takes us. I plan on taking profits in the yellow area. I might run a trailing stop loss when it enters that area and just let it run. $vstm

Ziomus90 Updated 

If it rips, it rips, but until then we're looking at nice and steady gains. Win win regardless how you look at it.

Ziomus90

$kos is attempting to take the 50EMA which had been a huge obstacle in the past. If we close and stay above that, we may be onto something. Last time it broke the 50 it rallied to ~mid 3s.

Ziomus90

Ah, look at that RSI bounce. $BTC

Ziomus90

This may be as simple as - 'comfortably cross the 50EMA, and we're off'. This has been struggling to come back above the 20/50 ever since it dipped below them in ~June. We had multiple attempt in the last few months, as indicated on the chart. The RSI, with one more nice push, may start to look promising as well. $KOS

Ziomus90

Mplx is on a tear! It's entering overbought territory. It likely has another dollar to go before it retraces. I'm thinking about selling around 22.25-22.50. What about everyone else?

Ziomus90

Where are you going $btc?