In the last BTC analysis, I showed how the first 2015 golden cross happened exactly at the high of the move, causing BTC to retrace all the way to the 61.8 retrace. As you can see, we rallied up to the weekly 50 MA (in black) and pierced above it. However, BTC has now pulled back below the weekly 50 MA. It will be interesting to see where this candle closes. I am...
Bitcoin continues to show signs of strength.
The Short positions at Bitfinex are now higher than those that preceded the breakout which took us from 4-5k
The Long positions at Bitfinex are now the same as those that preceded the breakout which took us from 4-5k
Bitcoin continues to grind up, without sign of there being any leveraged positions being taken up...
Nuls looks strong and if the bottom is in (as it seems to be) and we look at SHSL, the first target (the 236) was hit with perfection. Waiting for the 382 and 618 to be hit next. Of course, if NULS is a real winner, we would not stop there. We should think more in the line of 1.272 or 1.414, but let's start nice and easy. Volume is rising together with price,...
The market continues the upward movement after bouncing from 5000.00 support level. Probably some of you think about a missed opportunity to catch this uptrend, and you want to rush with opening long positions. If you a beginner trader or just a trader with lack of knowledge and you don't understand how the markets move - for you, it's the perfect time for making...
Today, BTC price got a movement upwards and currently, it is slightly above the one of the round number $5,500. The price approaching the major upwards target area which is the blue box. Finally, we can make and count some of the reversal/target criteria which could be a starting point to make a little correction downwards. Target criteria because, if you are...
I am seeing several bullish signals in the NULS/BTC chart here that I would like to share with you. Most importantly we have a golden cross with the daily 50 EMA crossing above the 200 EMA. We also see price maintaining above the volume profile POC and a few huge spikes in volume that signal major accumulation. This one has potential to go much higher than the...
As short interest continues to rise, the price of Bitcoin has not moved much and remains in a tight range at a major resistance level. Often traders "blame the whales" for taking them out of trades, but here we have a distinct sign that there may be some Whale activity.
We actually have written many articles on how larger operators look to manipulate markets. ...
The Breakout Opportunities system has just sold AUDUSD at 0.71122. The system recommends entering this trade at any price between 0.71 and 0.71188. The signal was issued because the AUDUSD has broken its 24-hour low while our Speculative Sentiment Index was at 1.75634, suggesting that the AUDUSD may have further to fall. A stop loss has been set at the 24-hour...
If we look back on the previous ADAM and EVE pattern that was spotted few month ago, this pattern seems to be in strong play with price approaching its final target which also equivalent to the possible end of the rising wedge at 5800-6000$.
When this target is reach market is expected to go for strong correction.
Fingers crossed to see how this develop.
Skycoin (SKYBTC) reached its all-time high almost a year ago back in June 2018. After this high was reached there hasn't been any significant bullish action but the classic 50% correction waves.
Now Skycoin (SKYBTC) has marked a double bottom and has the potential for massive gains in the weeks to come.
In late February SKYBTC hit an all-time low at 241...
Nuls looks likely to outperform bitcoin here with a nice setup on the daily chart
Reasons to buy -
Momentum is heading positive
Finding support at 50 SMA
Above 200 SMA
50% retrace holding as support
Daily uptrend forming
Broke out of resistance and is holding on a retest
Wow! You can NOW make 50 % on ADA. Isn't she lovely!
A beautiful Cup - Remember we prefer them round. V shape is baah. And then a handle - We don't want them too big, neither too small. Gotta fit in the hands.
And ADA has it all!
Time to Get it LONG!
BTCUSD is approaching our first resistance at 5855.2 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur to our major support at 4562.6 (50% Fibonacci retracement). Stochastic is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so...
XAGUSD is approaching our first resistance at 15.14 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 14.86 (61.8% Fibonacci extension, horizontal swing low support).
Ichimoku cloud is also showing signs of bearish pressure.