This is a quick update analysis about some of altcoins which have a good potential to grow and produce a possible huge profit in the near future. Let's do the technical analysis. History is repeating itself is the most suitable quotes on MATIC here. we can see a similar pattern with previous structure in this huge up trend channel. we see a failure descending...
it looks like big descending triangle
Note : Pharma cos can remain bearish/ bullish for extended time frames as a lot of the movement is based on future expectations and trials. NASDAQ:ALXN has been in the descending triangle and has nicely tested support levels as indicated in the chart. Lovely similar formations on RSI and OBV, both confirming the downward trends Descending triangles are bearish...
Hello, I just posted an idea on why I don't like taking breakouts, I mostly do double bottoms on support, but I really loooooove Bit. Connnneeeect. Er I mean triangles. And as a support and resistance "expert", I know when to buy or not (well sometimes). I got a idea of when they are probably not going to hold much longer, and you see, from one strategy it can...
The gold weekly chart is part of our educational article "Trading the Elliott Wave Principle - Part 5."
This chart is part of our educational article "Trading the Elliott Wave Principle - Part 5."
The Gold weekly chart is part of our educational article "Trading the Elliott Wave Principle - Part 5 ."
The chart is part of our educational article "Trading the Elliott Wave Principle - Part 5."
Happy Saturday all, welcome back with me in this newest update about bitcoin. let's check it out! If you remember about 2 methods of connecting the trend line, there are wick to wick and the body to body connecting method. Personally, I am more interested in using the body to body connecting method because it will exclude the bull/bear trap region and exclude the...
Hey Fellas, feel so interesting with last few days trading result which gives me personally a good gains on some of my coins that I hold. The most profitable coins that I am holding is PPT on Binance and of course for you who have followed my channel, you will realize it as well. And litecoin here is one of many candidates that I would like to share to you. The...
Hello Fellas, Let's come to the update of bitcoin. I want to give a highlight on the green trend line. this is the previous trend line that has already broken up and right now the price is trying to test it again to confirm as support. And if we see a correlation between this trend line and the fibonacci extention 1.1 level, it almost moving align with it. And...
Hello fellas, I really think it is very important to keep giving you an update under this crucial circumstances of bitcoin and current crypto market. Looking at the chart, We can see that currently the price is trending right at the confluence area between 0.5 fib levels and the 200 MA. This is clearly a relatively strong support for bitcoin. But, at current...
Hey, hey, hey! Wassup wassup wassup? Bitcoinnect!!! You'll be happy to know the $50 I left on my Bitmex account when I defenitively quit crypto are doing very well. Went short 130 bucks saturday morning at the price of $10090, and that went rather well :D So as long as this little money survives I'll still look a little bit and make calls and you'll still hear...
This is my perspective for bitcoin's possible movement, after breaking down of a huge descending triangle , it moves real quick to test the 200 moving average on daily based. This 200 MA is moving align with the 50% fib level which make it as a confluence zone. in my opinion, we will see 1 more waves up to test the previous broken support aroung $9000 - $9500...
QLC is looking very juicy right now, we can easily deduce that the white region of this current move is a major support for this altcoins. That's why it is become one of the most stable coins during current indecision of bitcoin's price. When I write this analysis, QLC is one of some coins which has 3% gain comparing the previous days. Now looking at the 4 hours...
Hello Fellas, finally we come here with an update on the number one largest cryptocurrency in this universe which is BITCOIN! If you've seen my video analysis breakdown on youtube about btc, you will realize that finally btc has got a confirmation of breaking down the yellow area. what's next after this? Like what I've always said, there are a lot of arguments to...