LSK technical analysis

LSK seen from the temporality of 1W we can see how the candle structure has formed a descending wedge indicated in the chart above by the two dark blue diagonals where the price has been contracting during the movement within the figure as a sign of a slow sale prior to an upward movement, the 2 previous candles have formed a hammer candle followed by a doji on the demand zone located at 0.0000831, if the current candle breaks the resistance of the figure we could see a possible bullish impulse towards the supply zone located at 0.0001087, this is an area to take into account in the short term as the price could fall in a confirmation test to the demand zone mentioned above and then continue with a much larger bullish movement, the other possible scenario is that the momentum is strong enough in the breakout to reach our second profit target located within the price range of 0.0001460 – 0.0001594 indicated in the chart above by the two horizontal black.

LSK seen from the temporality of 1D we can observe more closely the current movement of candles where we see how while the price has been falling within the figure, the RSI indicator shows us a clear bullish divergence, indicated by the dark blue diagonal within the indicator, we need the daily candle to close strongly above the resistance of the figure to go in search of the supply zone located at 0.0001087 where we could have two possible scenarios during the movement, whose possible trajectories I have drawn within the chart above, if the supply is taken in that zone, the price could go back to the demand zone before going in search of higher targets.

In conclusion, LSK presents an excellent moment within the trend count for bullish movement, our first target would be the supply zone located at 0.0001087, while our second profit target is located within the price range of 0.0001460 – 0.0001594 and our third target is located within the price range of 0.0002511 – 0.0002717, the price is still within the figure, so we must secure the position and be very attentive to the action of the price in 1D to look for a close with force that gives us a signal of continuation, always remember to place their stop loss to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

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XEM technical analysis

XEM seen from the temporality of 1W we can observe as the structure of candles is within range zone, which I have delimited by the light blue rectangle, the price has correctly tested the zone of demand in 1W located in the 0.00000437 forming a double floor pattern as a signal of reversal of trend, so we could find in the short term an upward impulse towards our first target of gain located in the 0.00000675, which is our first key zone to take into account for the next movement, if this happens we could find resistance in that zone and correct by means of a test of the high range located in the 0.00000555 to later continue to rise by our second objective of gains located within the range of the price of the 0.00000675 – 0.00000882.

XEM seen from the temporality of 1D we can observe more closely the current movement of candles where we see how the offer was accepted in the 0.00000555 after the escape of the minor figure that we see in the graph above indicated by the two diagonals dark blue color, this has caused the price to retreat into the area of demand where the structure has formed this double floor that should be a strong signal for the bulls to go for an upward movement towards our target located at 0.00000675, for this to happen we need the price in 1D to hold HL and find a strong impulse to buy into the high range of the rectangle, otherwise, the price could be oscillating even longer within this zone.

In conclusion, XEM shows an excellent chart with high bullish probabilities that has not yet been exploited within the bullish price flight in the BTC pairs that we have seen in other currencies during these days, therefore, in the short term we could see the price of this currency have a strong momentum, the current conditions are conducive to it, we just need the volume to see this possible scenario, otherwise, the price could continue to accumulate longer, therefore, I recommend to be very attentive to the action of the price in 1D to choose the best buy position and always remember to place their stop loss to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

XLM technical analysis

XLM seen from the temporality of 1W we can see how the structure of candles has followed a long downward trend since the breaking of the distribution zone so far this year 2019, currently the price shows signs of reversal of trend where the price has made a series of bullish candles after finding bottom at 0.00000558, in this bullish impulse, the price has taken the offer located at 0.00000889, indicated in the graph by means of the horizontal red color, for the moment the price has formed us an HL, reason why it is very possible that the price forms us another HL inside the zone of weekly demand located inside the range of the price of the 0.00000651 – 0.00000771, indicated in the graph of above by means of the two horizontal black color, I have indicated the objectives of gain to medium or long term, being located the first objective inside the range of the price of the 0.00001252 – 0.00001408.

XLM seen from the temporality of 1D we can observe more closely the current movement of candles where we see how the price has been put into a parallel channel bullish, indicated in the chart above by the two diagonals dark blue, we see how the last two candles have not managed to overcome the area of supply and the current candle begins to show a reversal signal, even the candle is young, however, the odds of a reversal to the area of 1W demand located within the price range of 0.00000651 – 0.00000771 are high, if this happens we would have a third HL within the channel with double floor pattern as a strong signal to the bulls for a much larger next bullish move.

In conclusion, XLM begins to give a good sign of trend reversal, for the moment the best thing to do is to wait for a retreat into the demand zone mentioned above and for the price to form a new HL that tells us the purchase intention to continue long, the price has to exceed the supply zone located within the price range of 0.00000889 – 0.00000941 so that the price can continue to rise towards our first profit target located within the price range of 0.00001252 – 0.00001408, the second profit target is located within the price range of 0.00001753 – 0.00001879, the high target is located within the price range of 0.00002743 – 0.00002926, therefore, I recommend to be very attentive to the action of the price in 1D to wait for the next best entry, always remember to place your stop loss to avoid possible invalidations during the move.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

ZEN technical analysis

ZEN seen from the temporality of 1W we can see how the price has taken a strong impulse after the double floor pattern formed in the 0.0003810, now the price is in weekly bid zone where it is encountering resistance during the series of the last 3 candles, however, the formed minima show no sign of retreat, so it could be possible that the price exceeds the bid zone, if so, we should see a continuation of the upward movement towards our first target earnings located within the price range of 0.0007774 – 0.0008965, indicated in the graph above by the two upper horizontal black color, if the price does not manage to surpass this zone soon and we form a lower minimum, we could see the retreat towards the weekly demand zone located at 0.0004704.

ZEN seen from the temporality of 1D we can observe more closely the current movement of candles where we see how the price has formed a bullish flag with increasingly higher minima, this we see indicated in the graph above by the purple rectangle, a break above the lower figure and the high range of the area of supply located at 0.0005933 and we could have a next bullish leg to the price range of 0.0007774 – 0.0008965.

In conclusion, ZEN has maintained an excellent uptrend with a series of bullish candles that signal a much larger next move, however, the price has failed to exceed the bid zone located within the price range of 0.0005405 – 0.0005933, so that the price could still have a brief reversal before continuing, otherwise, the bullish possibilities are increased, our profit targets can be seen in the 1W chart where I have also pointed out the larger figure through diagonals dark blue color, the price has moved within the figure giving 2 touches at the top, so we should have another test of resistance, therefore, I recommend to be very attentive to the price action in 1D, the key area to overcome are the 0.0005933, always remember to place your stop loss to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

ONE technical analysis

ONE seen from the temporality of 1W we can observe how the price has realized a correct retest of the monthly support located in the 0.00511 where the price has found bullish impulse for the testing of the high range located in the 0.00610, we see how the price has formed within the smaller figure an upward triangle indicated in the chart above by the dark blue diagonal, if the price achieves the close above the weekly bid, the probabilities of a much larger bullish move are very high, our first profit target is located within the price range of 0.00814 – 0.00935, this target could be easily achievable once the price achieves the close above the resistance.

ONE seen from the temporality of 1D we can observe more closely the current movement of candles where we see a marked pattern of double floor as a signal of reversal of trend, as I mentioned in previous analysis, this is a pattern that many other USDT pairs are forming as a bullish signal of the last movement of BTC, in the chart above we can see the test that the price has made in the high range located at 0.00642, the price should find the necessary push for a continuation bullish within the zone of demand in 1D located within the price range of 0.00539 – 0.00580, indicated in the chart above by the light blue rectangle, for now we have a closing of the diagonal drop in 1D that we can observe through the diagonal dark blue, the price still does not make the test, so we must be very attentive in 4H.

In conclusion, ONE presents an excellent bullish movement after having found support at 0.00511, this has motivated the formation of a bullish pattern that should conclude with a continuation of the movement towards our first profit target located within the price range of 0.00814 – 0.00935, our second profit target is located within the price range of 0.01124 – 0.01212, for this to happen we need a weekly closing candle above 0.00610, therefore, I recommend to be very attentive to the price action in 1D to choose the best position and always remember to place your stop loss to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

PPT technical analysis

PPT seen from the temporality of 1D we can see how the price has made a throwback to the resistance previously broken during the movement occurred in October 2019, the price has tested the area very well and the candle is showing a strong momentum of more than 20%, we can also see how the candle is so far above the support located at 0.00005310, indicated in the chart above by the horizontal black color, this is a key level of reclaim, if the price manages to close this way, it is very possible that we will see a next impulse towards our profit target located within the price range of 0.00007213 – 0.00007774, within that area the price could find strong resistance that makes the price fall.

PPT seen from the temporality of 4H, we can observe more closely the current movement of candles, where we see the momentum that has taken the price after testing the diagonal and enter the 1D demand zone, in this chart I just want to show the area of supply located at 0.00006561, indicated by the red horizontal color, this is an important supply level to take into account during the bullish movement, and is usually reversed once reached that level.

In conclusion, PPT shows a clean diagonal test so far, the current candle in 1D has found strong imposed, that if we manage to close above 0.00005310, it is very possible that we have a next bullish movement during the development of the current movement, however, if the price falls below the zone of demand located within the price range of 0.00004372 – 0.00004666, the price could go down in search of the bottom located at 0.00003438, with high probabilities of a greater reversal, therefore, I recommend to be very attentive to the action of the price in 1D and always remember to place your stop loss in all your operations to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

AE technical analysis

AE seen from the temporality of 1D we can observe how the structure is forming a rounded floor, an upward pattern that should drive the price if we manage to stay above the zone of demand located within the price range of 0.00002114 – 0.00002248, indicated on the graph by the light blue rectangle, our first target profit is located within the price range of 0.00002748 – 0.00003145, this is an offer level where it is very possible that the price finds strong resistance and we have a correction towards the support delimited with the curvature of the rounded floor, the possible trajectory that the price could follow I have drawn in the chart above.

AE seen from the temporality of 4H, we can observe more closely the current movement of candles, the minor figure has formed an ascending wedge where the price has been contracting during its development, in the chart I have placed a yellow circle that indicates the important area to take into account during the next candles within this temporality, the price has to close tightly above the resistance of the figure so that we can reach our first target, otherwise the price could lean towards the theoretical target of this pattern and go in search of the first zone of demand in 1D.

In conclusion, the price has remained forming a series of HH and HL from the point where it found the support located at 0.00001760, until now has granted a 40% profit, which is something we must have very present to ensure our next move, for now the most advisable would be to wait for the reaction of the price in the resistance of the lower figure and look for some reversal in case of not closing up with sufficient force, always remember to place their stop loss in all their operations to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

APPC technical analysis

APPC seen from the temporality of 1W we can see how the structure of candles has remained following an excellent curvature, which represents a good sign of a close reversal of trend, the current series of candles has maintained a bullish movement from the double floor formed on 2 September 2019, the movement is being strongly supported by the RSI indicator, which shows bullish divergence, signaled within the indicator by a dark blue diagonal, the price could continue to rise from the current position to reach our first target profit located within the price range of 0 to reach our first target located within the price range of 0.00000758 – 0.00000929, indicated in the graph by the light blue rectangle, however, we could also have a backward movement close to the demand zone located at 0.00000333, indicated in the graph by the lower horizontal dark blue color before continuing towards our profit targets, in the graph I have traced through the drawing tool, the possible trajectory that the price should follow during its movement (the drawing only expresses the movement and not the time period).

APPC seen from the temporality of 1D we can observe more closely the current movement of candles, we see how the price has formed us 2 important HL after the double floor created in the zone of demand, this is a very good bullish signal, it is quite possible that this is the reason why we are currently seeing the formation of a symmetrical triangle that we can see in the chart delimited by the 2 dark blue diagonals, the price should continue to move within this continuation pattern before the bullish break, the black arrow within the chart indicates the target that should reach the next impulse.

In conclusion, APPC has an excellent candlestick structure that should result in a next bullish move towards the price range of 0.00000758 – 0.00000929, currently the formation of the triangle should give rise to an HL close to the support of the figure, before looking for the break, the safest position would be after confirming the break of the pattern, in the 1W chart I have also placed the next gain target located at 0.00002194 and the third profit target located at 0.00003791 which should be long term objectives if the price maintains the trend, for the moment I recommend to be very attentive to the development of the price within the lower figure to look for the best position in the long run, always remember to place stop loss in all your operations to avoid the possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

QLC technical analysis

QLC seen from the temporality of 1W we can see how the price has started to fall once reached the resistance located at 0.00000235, the current candle has found demand in the support located at 0.00000190, indicated in the graph by the first horizontal red color, however, the price should fall to the next zone of demand located at 0.00000114, if the price is able to close the above mentioned resistance forcefully, the price could have a larger bullish momentum that should reach our first target located within the price range of 0.00000374 – 0.00000461.

QLC seen from the temporality of 1D we can observe more closely the current movement of candles, we see that the price has formed two HL after the double floor formed on the diagonal support indicated on the chart by the diagonal dark blue, this is a good bullish signal, however, as long as the price does not manage to overcome the resistance located at 0.00000235 indicated in the chart above by the horizontal black color, the price should continue to fall towards the support diagonally forming a reversal pattern of SHS that would strengthen the strength of the bears inclining the price to the area of demand located at 0.00000114, even to the lower diagonal support that I have indicated in the chart above by a yellow circle, in the chart I have also drawn the possible trajectory that could still follow the price before breaking the resistance of this accumulation range.

In conclusion, QLC is in a moment of high uncertainty, because the follow up of the bullish momentum is respecting the 0.00000190 and this suggests that there could be a continuation bullish, however, the price must also make a next touch diagonally and this approach would increase the odds of a larger reversal, therefore, I recommend to follow closely the action of the price in 1D and always place stop loss in your trades to avoid possible invalidations during the move.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

VIA technical analysis

VIA seen from the temporality of 1W we can see how the current candle structure is forming a rounded floor which is likely to push the price towards a much larger bullish movement, the penultimate candle managed to close above the consolidation, followed by a doji candle, the current candle is bullish, however, with little volume, the pressure of sale is maintained, we can observe it in the superior wick that has formed until the moment, the indicator RSI has formed us a double floor with bullish inclination, this shows us a bullish divergence that is easily visible in the graph of above, the weekly demand is located in the 0.00002050.

VIA seen from the temporality of 1D we can observe more closely the current movement of candles, we see how the structure is forming a rounded floor, in the RSI indicator I have pointed with an oval the area where the average in relation to the period of time between December 2018 and March 2019 made a movement similar to the one that the RSI indicator is making again in relation to the current period, If the situation repeats itself we could have a major upward movement like the one that happened previously and that I have indicated by means of a yellow circle in the RSI indicator, our first gain objective is located at 0. 00007567, if we have a strong volume input, this target can be easily reached, the second gain target is located at 0.00017044.

In conclusion, VIA maintains an excellent bullish pattern after consolidating in the weekly support located at 0.00002050, if the price maintains the bullish curvature, the probabilities of reaching the first profit target are very high, otherwise, the price could fall to the weekly demand, even fall towards the second zone of demand located at 0.00001062, I recommend to be very attentive to the action of the price in 1D and never forget to place stop loss in all your operations to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia