This is an update on a previous analysis I did for TRX, TRXBTC. Analyses - After a dip in the market and another correction in TRXBTC, we've retraced back near the .5 retracement level of around 700 satoshis. - With the retracement, we have made the correctional wave ABC but for this to be confirmed, the price eventually has to exceed the B wave. Until then...
Our " Crypto Bottom" Signal has correctly identified a buy in point on the 16th of May 2018 . Using this buy in point and selling at today's peak price, you would have expected to net 37.52% PROFIT!!! The increase in price may also be explained by positive developments including: May 19: Binance announces that it will reward double referral...
Bitcoin established new local lows on the Hourly chart yesterday. However, bears were unable to develop their progress as a correction started from the support area at $7,941. BTC price has tested this area twice and jump off it, aiming the closes resistance area at $8,128. BTC/USD stays here currently and tests this level from below. Bitcoin price is far below...
its low volatility and generally strong stability in the current volatile environment in Bitcoin and many other alts. Also signs of accumulation with the recent long period of a higher low and days with huge volume but minimal price movement. Recently, we've seen this in Augur (REP), which I linked below. Not saying the same thing will happen, but I see most of...
with a close stop loss based on a shorter time frame chart. For a longer-term play you have support below as shown, so position sized entry in at this level and then near 850s would be the plan; I consider this entry more likely to hit than not based on price action, but when you have a long thesis for trading/investing on something it's important to take a...
We saw BTC hit hourly RSI of 21 last night as we broke $8k psychological support. The bounce that has followed has not been particularly strong, so we are looking for a lower high. I am personally not entering anything without hourly RSI in the 20s or a 4 hour trend change with a higher low and higher high. If we get the 4 hour trend change, our new daily...
BTC broke $8k and bounced with hourly RSI levels down around 21. At this point we are still seeing 4 hour lower highs and lower lows, which means the bears still control the trend. We will need to see a higher low and higher high in order to be confident our new daily support is forming. I personally will not enter again without oversold hourly conditions in the...
BTC dropped down and broke $8,000 support last night, leading to hourly RSI hitting 21. This is a historical buy zone though protection against a bear flag and continuation to get the 4 hour oversold was needed. The 4 hour chart still has EMA resistance and lower highs/ lower lows. I personally had my first ETH orders fill and took some small profit before bed....
Hi all cryptoses thank you for joining me . Btc has again declined against the backdrop of Consensus 2018 an industry backed conference. Apparently the pump that we were told was about to happen did not start for a month or two after the previous years Consensus conferences. Be patient, the beauty is everyone that is locked in a long position will have to wait for...
Hi every one, Remember that "Red Ellipse" chart (see link bellow) from a while back, just after everyone thought we bottomed? Their where some complains that I charted that one in €. So here's a little uPdate on that "theory", (which it was back then) but now in $. I tried not to change the price levels in the big ellipse. It just moved it a little backward on...
Hi all cryptopeeps, here I like to give punters a short to medium term view of the BTCUSD trajectory. That can be anywhere from 24 hrs to 1 month. Well BTC has shown us this week it has a mind of its own sometimes. At the moment the lack of movement and indecision might be driving some of us crazy, but we should see some action in the next 24hrs to 48hrs and here...
Based on the BTC DAILY Stochastic RSI, BTC needs to reverse and find a bottom before returning on an upwards price trajectory. The weekly Equilibrium pattern, weekly reversal inverted hammer candle, and 4-hour Bearish Engulfing candle, show signs that BTC is looking to find lower prices in the short to medium term. I have outlined 3 "Buy Zones". When the BTC...
A lot of people are watching the bitcoin chart right now. Its also very "nice" to look at with very nice technicals . Here are my reasons for me to watch it : - 3 impulsive waves -Valid Trendline ( 3 touches ) - Nearing 7.8k support Important to know : Right now we have no bullish entries the key area to watch is 7.8k. We have to see what happens there....
We are now taking a look at Ethereums current chart patterns. From what I am seeing, Ethereum could potentially fall down to as low as 600 usd before finding support for another breakout. I believe it will breakout around 630 usd though. If it continues to follow the pattern it has we can expect a breakout here very soon but I do not see that happening. I would...
+Fractal Continuance Survey
How i posted before... Finally, the bitcoin is ready to fly up. Because of very strong Volume cluster... I hope you guys you are in!!! Stay green, stay with me... Dale
Hi every one, When you take a good look at the bigger picture you'll find that my plan doesn't look that outlandish. That's why I did NOT change anything. I'm even thinking that I should go lower again to 5.2K like in my for last BTC idea. Find the biggest display you can find and enjoy! ( •_º ) Don't follow me, trade on your own TA! Last plan... For last...
Bitcoin has tested the support area at $8,128 yesterday again and jumped off the level. BTC price went towards the resistance area at $8,365 and tested it. There were several attempts to break it through and to move higher. BTC/USD has even tested the lower border of the Ichimoku cloud but failed to penetrate inside the formation. Bitcoin stays below the $8,365...