Hi Traders! The market is in a Long-term Downtrend, but also in a Shortterm strong Uptrend. As you can see the price is at the moment at two Resistances: The descending Trendline which is a Resistance and the Resistance where the market is now. We predict that the market is going to break the Resistance(s). Why? First of all let's check out which...
Hi Traders! The market is in an uptrend. As you can see the Resistance 1.10000 was a psychological important level for many traders. From there the market often turned back. But just a few candles ago the market broke out of this level. Of course there was a big fight between Bulls and Bears, but the Bulls finally won. At this moment the market is moving in a...
waiting to confirmation! Trend is your Friend!
Get ready to put on your moon boots, yes we will have a retrace. But don't get too keen yet as there is still 4 days to go before the week ends. But IF price action does close at 24:00 UTC Sunday above 20 MA, yes you certainly can expect more upward action toward the halving.
Hi Traders! As you can see the market is in a downtrend. The market made a big bearish trending move. It started around 145.000 and has fallen to the area of 124.000. During this session the market respected the 20MA. After that the retracement move started. The market has risen until the resistance area at 134.000. Now the market is consolidating in a tight...
This is BTC Technical Analysis. Current price is in the $7400 region, which is up around $400 since the day started and is currently rallying. The BTC price action has been in the low $7000 range, since around about the 23rd November (wicking down to around $6400 &, up to the $7800 levels at times). The current macro trend remains as a downwards since the...
In May 2014 after the bubble burst, bitcoin had a 65% rally and broke through the Weekly 20MA and it had it's first uptick since the pop. Everyone rejoiced, called the end of the bear market, and everything was just magnificent. Does this look familiar? The 2014 pump and the current pump we are in the midst of look remarkably alike which very simply point to...
On the weekly total crypto marketcap chart we are currently either still in a symmetrical triangle that could also be a bear pennant, or currently up out of both a daily falling wedge (in yellow), as well as the much bigger weekly falling wedge (in green). Bullish and bearish price target projections are posted accordingly and are color coordinated with their...
We can now see on the Total Marketcap's weekly chart we have managed to inch our way above the weekly 20ma's strong support. We need to of course close 2 consecutive weekly candles above this MA in order to confirm we have flipped it from strong resistance to support however and we can see the weekly stoch rsi is currently overextended and could potentially see a...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
XRP showing a lot of difficulty in crossing the 20 day moving average. Macd showing bullish results, however i wouldn't advise entering a position yet, because i still think we will test 0.27$ before going up. With market, if BTC goes down, it will be enought for all the cryptos to go down! P.s.: ignore the yellow dot line pointing up!!!