Broke Support. 4H StochRSI capped. BTC looking bearish.
FA : - Has a Beta event in May but in overall there are not so many critical events exist till 'Lightning Network' - in the end of 2018-. - One of top 10 coins on the marketcap. Means, "Keep Calm, Buy Low and Hodl" - Has its own Decentralized Exchange. You can buy it with inner peace. - More than 60 options to trade XLM on several exchanges with several...
Accumulation candles, strong trend, and "fundermentalz".
Komodo, a valuation that has stayed in constant harmony with it's usd counterpart. The BTC ratio has been on a steady growth since the launch of this coin. An actual company with a longstanding history. Targets are blue. As always risk only what you are comfortable and good luck!
Hey traders, Quick Summary, focus is on the correction today for obvious reasons, where is the bottom? 8700-8900. lots of confluence at this zone. I project a wick will make it through the 200 ema on the daily chart and bounce with nice volume off the .382 fib line for the overall retracement, if we fall below this area things may get bearish real quick....
Forming a triangle. If it breaks down we can see support at the .5 fib, but we are getting higher lows, we are also seeing higher lows on rsi but also higher highs on rsi and lower highs on chart which is bearish/neutral. If we break up we can expect wave 5 to start playing out. We are at that point of apex now to make it an easy trade either direction.
Longtime resitance which has become support, stop loss for this will be very short as if it breaks below this it will go further down. and upside i have kept just below the next resistence, if it crosses that then next target is even higher.
Should I scare going against the trend? well, lots of TA thinks we going to 5\4\3, and I ask my self, why? None of the TA charts support this, only long shot charts requested by some analysts, As simple as I see it, BTC has found the bottom. I will Be very surprised if we will not hold the 6000. Now, all we need is just watch the days go by, and Sorry for not...
My thoughts on the same breakout, but eth side. I see two wedges.
Saw some movement on AE so I made a new chart with a new idea. RSI is low and has been doing some nice bounces. Hoping squeeze goes long, so based on the squeeze I'd say it's still an early entry. I entered at E0.00373400. Set your stops accordingly as I have no idea what I'm doing!
Two bullish scenarios if AE bounces I came up with
They say people only see what they want to believe, that markets exist to make fools of the overly hopeful... Well, half of the crowd is calling for an alt season, and the other half for a new BTC all time high. IMO both groups are jumping the gun as we are still in a downtrend! In order for either to occur BTC needs to enter a sideways accumulation phase...
Former resistance would act as support. No catalyst to drive it at the moment.
Heres our TA on the coin, EBOOST. We've had a very strong decline in the cryptocurrency market, and it seems like things are going bullish for the time being. With BTC breaking out we can expect many coins to follow in its footsteps. The technicals are amazing, with RSI & MACD showing nice signs of reversal. On the 4 hour timeframe, we've broke out and...
This is my favorite coinpick of the week guys. I charted the coin with explenation on my youtube channel. I hope you like it!
BTC in falling wedge pattern, just an idea, but could very well become true. Everyone HODL! #TheKingWillComeBack