Hi traders and investors. In my telegram channel, before the start of this trading session, I warned my subscribers that it might be necessary to fix the profit depending on how the trading will be held today. Now let's talk about the situation at the moment. At 1-day TF, the MACD indicator has crossed its signal line, but it is below the centerline. The...
Hi Traders! Do you still wait? Me too. Tomorrow starts the new trade 3-day session, this will be an interesting time for everyone of us. There will be two variants. First, Bitcoin price can rise to $ 8350-8450, but this will not mean that the trend has changed. Second, the 3-day session will open around $ 8100-8000, and the price under pressure of 7EMA will...
Hello Traders! Every day I update BTC chart to find the right moment to give a recommendation to open a long position. Right now I see that BTC still in downward mode and there is no news or facts that can change this situation. The price is trading below EMA lines, the MACD line and its signal line below centerline too. I'm wait.
Hello Traders! There are three type of traders, Bulls, Bears and Pigs, who are you? I'm "Bull", so my target in trading is looking for Bullish Trend or wait when it starts. Some words about TA. The price is trading below 7 and 30 EMA. Bad sign. The MACD line crossed the centerline. Bad sign. The historgam shows full bars. Bad sign. So I cant find a point to...
Hello Traders, I want to review the 4hTF and share my opinion about the next move of the price in coming days. Right now the Bitcoin is trading at $8730 with stable support from 7/30EMA. This fact can be the good point to enter and open a long position, but I think I will wait one day to understand how the new trading session starts on 3dTF. I do that, because I...
Hello Traders, I know my English isn't very well so sorry for that. First of all, the price of Bitcoin, over the past 24 hours - has been unstable. The price started the day at a price of $8,700, droped to $8,300 and rise within some hours agsin $8,750. (Consensus 2018?) The price dropped over $500 because on 1H TF Bitcoin faces with 100EMA resistance line, and...
Fundamentally, the crisis seems to be far from over, and a lot of weak hands need to get out before market start rising. Short term, sentiment in IOTA is pretty bearish, as the charts show us: the RSI is below 50 level, the MACD below the centerline, and the EMA lines act as strong resistance. So when Public Opinion will moves below the red dotted line or above...
1-Day Chart: QTUM seems to love the downtrend so much and I suppose on the daily chart, the price will fall lower to the support level at the 0.0018 area. It will act as support on the downway. RSI is below 50 indicating a downtrend. The MACD is falling down, giving a sell sign. Clearly, QTUM isn't oversold on traditional technical measures such as RSI, MACD,...
3-Day Chart: The rally in EOS price looks to be continue. In the middle of February, EOS price turned down. This aligns with the beginning of the rally in the Bitcoin. The drop in price doesn't end yet, I expect to see the price around support level at 50k area. While there might be a minor support level at the 60k area on the four-hour card, the downtrend has...
On Saturday while the markets were under serious pressure cascading lower, we did not have a buy signal because the MACD was very strong to the down side on the four-hour chart . Right now, the 20EMA line is a key resistance for the price, so after the transition from a bull to a bear market this may be a a reason to sell or don't open a long position before we...
The DGB tries to hold the 300Sats level. If this support level is broken then we could see another leg lower with the DGB sliding down to the 140Sats level. The reason I am mentioning this is because BTC surged higher on Saturday with big volume as traders start to anticipate this drop. If the DGB price starts to drop, then holding BTC may be the best safe...
1-Week Chart: The weekly XEM chart shows more closely the 50-week moving average are the primary resistance levels and 100EMA is strong support for this bear market. Earlier in the Febuary the XEM fell through support at the 5k level down to the 3.6k area. I think the XEM price can reverse course and push through the 5k level and then create the small...
To make money in the cryptomarket it is important to follow the trend. I believe it is best to begin with the big picture in mind and then work our way down to daily and than 4h chart. The RSI seems to be a good indicator of the cyclical overbought and oversold markets. In addition, the EMA lines act as support in a bull market and resistance in a bear market. You...
The 1-Day LUN trend chart shows that the market has bounced from support level at 0.0015 area. The rising trend that has been support since the rally started some days ago, continues to hold indicating the market rally will continue however I recommend to monitor any retest to see if it holds. If EMA support fails, look for a pull back to the support level at...
It is best to begin with the big picture in mind and then work our way down to three day, then daily and four-hour views of the charts. You will notice that the chart and the value of the indicators change as we move from a weekly to a daily and then a 4H chart. This is a normal part of the technical analysis. Let's start with the long term view of the Bitcoin...
Following the trend in the market is a well known strategy. Has the ETC price action given us any clue on the current trend and if it is about to change? The break out through resistance level at the range from 0.0018 to 0.0025 that has lasted since Autumn 2017 is not overwhelming. The price needs to at least pause before resuming its upward trend. On the other...
The analysis of the NEOBTC trend line starts with the 3-Day view of the NEO chart. Next, we examine the 1D chart of the price trends to get a shorter-term view. Finally, we analyze the 4H chart to get an even shorter-term view. Starting with the 3-Day of the NEO trend chart, the bull market of the last 2 months turned down, as the price fell below the 20-Day...
This is a daily chart for the XLMUSD showing 3 months of performance. This chart is also excellent at defining the long-term trends for the market. The bear market began when the price fell through the 20-Day exponential moving average and touched the 100-Day EMA. Also, the RSI tested the 50 level, another important indicator of bear markets and turned back down....