astronautdotgg

astronautdotgg

On the 1 hour XBT/USD chart, we can see the second descending channel break clearly with price action now attempting to create a small bull flag just below the 200EMA. The volume appears to steady with no real jumps during this breakout. This suggests that Bitcoin bears are really struggling to build up momentum inside this time frame.

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BTC/USD - A few possible scenarios Bitcoin has been a rollercoaster recently and a lot of people are unsure of which direction we might be taking over the rest of this month. I have painted a few scenarios that could play out based on simple support, resistance, and trends. Right now I am looking at a falling wedge pattern which seems to indicate a bullish...

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Bitcoin has made some exciting movement recently and we are finally nearing the previous peak of $13,874. We are currently at a major decision point at the 0.786 fib line based on the retracement of Bitcoin from its previous peak ($13,874) to the low of this run ($9,637). Right now these lines have been playing very well in terms of support and resistance and we...

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In the short term point of view, Bitcoin looks like it could be forming a double top. This is our second time hitting resistance, and we are forming a bear pin on this last hour candle. Take a look at RSI slowly creeping into the oversold zone. I believe that we are in for rejecting this next fibonacci level and moving down. Increasing my short position here.

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We have seen not one, not two, but three major attempts to break $10,000 over the past 24-48 hours. So far no luck, that is great and shows how much buying strength we have in Bitcoin. Looking at the short term, we still have bullish momentum going and we could be heading to hit $10,950-11,230 range as our next area of general resistance. Personally, I think we...

astronautdotgg Updated 

Just giving a quick updated chart on us breaking the 0.382 level. Right now on the 1H it looks like our RSI is curling out of the oversoold zone, the last time we did that it bounced out of the $10,500 range back up to $12,400 - but who knows what will happen as we get near to the psychological levels of $10,000. Our next stop on the way down is $10,665 so let's...

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Following up on a chart that I posted the other day. Right now we are seeing some sideways movement between $12,365 and $11,437. These levels are holding pretty well. I was a bit worried when we rejected the 0.236 line, however we did also bounce on the 0.382. Bollinger bands seem to indicate that there isn't a lot of volitality right now as we experience this...

astronautdotgg Updated 

Giving a closer, more zoomed in look at the previously posted chart. Bitcoin is very volatile right now with many possibilities. We are bouncing in between these fib levels right now and it is hard to tell if we will break the resistance or not, as we have tried a few times today already. On the other hand, support has held very strong yesterday and has resulted...

astronautdotgg Updated 

Well, this has been an EXCITING past week or two. Very happy to say that we breached the long term goal of $10,000. I was expecting a climb, but honestly not of that size! Cryptocurrency is finally trending again, even my parents are once again asking me about Bitcoin. That being said, like every healthy market that explodes, we are experiencing a correction....

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Today news came out about Binance is no longer allowed usage in the United States, and a LOT of outlets have been spreading misleading FUD. First, Binance will still be available to people in the United States, just on a separate exchange (www.binance.us) that will still function very well, CZ has been planning for this exact scenario. This once again proves how...

astronautdotgg Updated 

This has been quite the exciting week for Bitcoin. We've had some fair drops and also bounces that have surprised me. Right now it looks like we are forming a bull flag, as there is a beautiful ascending channel on top of this recent climb. The 1D chart shows some beautiful bullish indicator readings, while the 4h looks like we can have a bit of a drop before...

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KCASH

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DNTBTC

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NCASH ANALYSIS

astronautdotgg Updated 

Bitcoin has been in another fight this week, attempting to set new relative highs. There has been a lot of selling pressure we have seen a few days, such as today with a few large sell orders on massive exchanges, and then similar experiences on the 10th/11th and 15th/16th. That being said, Bitcoin is proving strong as ever this past month and has been creating...

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This was an exciting few weeks, we saw some beautiful BTC movement that a lot of you have been waiting for. Unfortunately, great things don't last forever. I personally see some healthy correction coming within the next few days which honestly is a good thing if we want to see some more long term growth. I'm getting my pockets ready to accumulate some Bitcoin...

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Who knew ENJ would fly as much as it did! My last chart of ENJ ended up yielding a whopping 300%, however I played it safe and took profits a bit early at 242%. Regardless, profit is profit and I said if I saw another interesting opportunity with this coin I would post another chart: so here I am. This play is a bit more risky that the previous one, but has the...

astronautdotgg Updated 

Enjin has had a phenomenal run over the past few days due to some major events for the project. Fundamentally speaking, ENJ still has a lot to deliver in the near future and could leave room for another pump. First of all, what started the initial take off, we have the Samsung partnership with the new S10 hardware wallet utilizing ENJ's network. This can be huge...