Hey cryptomaniacs and traders,
welcome to another analysis...no sorry.
I just wanted to wish you all a HAPPY EASTERN and want to remind you that coins and money is not the important thing in LIFE!
Do I got some adviced for you? Yeah!
I know we all might be chart-addicted and love to trade - We always check our portfolios and news. But all this can be...
We need to break out of this dangerous trend line... However stay emotionless and look at the chart, I believe that the break out will come soon in the next couple hours, or minutes. To the expected region.
However in the long-short term I see Ripple diving to the 0.25 USD region, to the august 2018 low, I actually also believe 0.15 USD is a easy target so reach...
Here I'm telling you some of my opinions on ETH/USD
So many people asked me that they should invest in Etherium now or not? Is this profitable to buy now?
When I watched the 1day time frame chart, I found now is the most risk involves.
1. EMA 50 is acts as resistance in last 10 months. Price tried to break several times but it failed.
2. Price is...
Mostly looking for feedback as to if what I'm doing looks like it makes sense. I'd love to hear any experienced traders criticisms too just please be constructive.
Basically going to buy the breakout on XLM with a long-term upside of 23%.
Hello traders long time no see! Here we have a bearish pattern that has taken form! Always remember that a higher odd pattern doesnt imply consistency! It it just higher odds of the market going in a certain direction. Eliminate the need to know where the market will go next and trade on what you defined as an edge. This way I can assure you that you can improve...
Lets take a look at the neo markets on 1 day candles to get an idea of what is happening.
In my opinion NEOUSD is undergoing a very healthy correction, however it is important to note that we are currently in bearish trend, not really surprising considering the markets at the moment.
We can see that NEOUSD found strong support around $100 where prices were...
For novices out there, Pump and Dumps are NOT created to benefit you. It's a total scam, and you should never fall for this.
The leaders of these P&D groups decide on which coin they are going to pump MONTHS in advance so they can buy the coin at a lucratively low price.
Then, they "announce" what coin it is and when their thousands of followers go and buy those...
A bullish white swan pattern is beginning to form on the daily chart. This pattern is also supported by demand zones on both the Daily and Weekly timeframe (only daily demand present on the chart as overlapped).
Initial target PT = 0.78425
Extended target PT = 0.80426
Happy trading :)
After the huge altCoin sell of most of them will recover to new ATH soon.
BTC is moving sideways, most likely until the 25th of October when people start to realize, there is no free money, since Bitcoin Gold will be worthless ... Bitcoin Gold holder will exchange again real BTC. This will let Bitcoin Gold tank hard. Some ppl will cash out that BTC to real FIAT...
The trend is going up for now but:
1. Don't buy now. Its too risky to pick tops.
2. Take your profit and wait for another breakout out of a flag to go long (look at the related idea).
3. The trend is still going up so don't short unless the support level of the latest high is broken to prove that the trend is broken.
4. Sometimes doing nothing is the right choice....
Can anyone help with this? I am just trying to learn: do you think it's reasonable to say that looking at MACD orientation, and RSI overbought, silver will go further down, or at least not break up through the triangle (as I expected) ? What's your opinion? Thanks!
Sorry about the colour contrast.
MONTHLY/WEEKLY/ Chart Analysis.
The recent strong bullish movement looks to change the direction of the trend, but at this current time it is still within the downward trend and following the down trend pattern. A reversal at the 0.382fib or 0.80586, is what i'm seeing atm, looking to continue down to the 0.64686 mark if the...