Bitcoin dominance is coming back. In the past 3 months we have seen bitcoin take back 10% of the cryptocurrency market. That money put into bitcoin is not being brought in from outside the market, but instead being stripped away from alt coins. In my opinion ETH is a project worthy of many more billions to come, but today is no time to be buying ETH simply...
Considering: time it takes for XRP to dump september 2014 behaviour of Feathercoin (FTC) new alt season will start not earlier than 2018-09. Untill then sell your coins for fiat and be patient.
Hello everyone, hope you are having an awesome weekend. Today we took a quick glance at NEO. The main takeaway here is that NEO is approaching a hard support level and we can expect a wedge breakout to happen shortly. NEO is approaching the 0.236 fib level that is around $55. We expect NEO to drop just below and hit a long-term support level around $45. From...
BTCUSD is nearing major support that must hold for bulls to regain control. The 61.8% retracement from the all-time low to the all-time high is at 7598. A failure there opens the door for a decline to 4257, the 78.6% retracement of the same swing. I suspect an extended consolidation period will occur given the magnitude of the price swings, so multiple tests of...
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
Targets for this trade: 0.00014132 0.00016020 0.00017545 0.00019070 Entry: near 0.00012200 is good Stop loss: under 0.00010700
The answer is "go away nobody asked you"
Im predicting a large wave 3 elliot wave from the bottom ($7700) going up from there Wave 3 Top Target - $12700 - $13000 / or $14600 if it breaks the 1st option I'm calling the wave 3 top @ $12700-$13000 due to 1. TWO matching .50 Fibonacci retracement confluence on 2 separate Fib retracements { } 2. Also but not so important; Previous Resistance @ $12800...
Good Morning, Traders! NEO/BTC is one of the few altcoins that was able to stay heavily afloat during this, now, bear market. As the price completes what looks to be a weak head and shoulders pattern, the price is approaching the support level of 0.00818391 and the fib retracement level of 50%. The RSI is at a very low level at around 28. Being oversold and...
Expecting to see RSI go below 30, dipping slightly below from .236 fib levels. Majority of the selloff seems to have happened already, not expecting it to go too much lower. Will hold off on buying until MACD crosses again and shows some support.
Quick update with NCASH/BTC on the 4HR As you can see it's pulled back 50% on the Fib Retracement. RSI is irrelevant here because the MACD is still showing downward momentum so the selling hasn't finished just yet. As far as the Volume goes, the buyers haven't gotten a good foothold yet. I'd like to see at least 1 or 2 good volume bars and candles on the 4hr...
We can see a clear descending triangle formation coming to its end. This will most likely create a negative impact on EOS price. However, the RSI are showing an ascending triangle pattern. This could cause a breakout into the next resistance at $7.25 by March 22nd. So the two possible scenarios that will come out of this will be as follows: Scenario #1: Downtrend...
Hi guys, As I see on the chart , Volume is increasing with price . ADX is showing uptrend will start soon. We are still in the main downtrend channel , but there is short therm uptrend . If we will stay above the blue line , probably price will hit the 550-580 satoshi again and we will reach the resistance level for downtrend. Let's see what happen. This is...
What's up traders, Here we are analyzing Ethereum on the 2H chart. At current price is trading at 690.90, nearly finding support on a side-wards support and 20 and 50 moving average resistance, suggesting a legitimate bearish presence. Price will now likely test the moving averages and use them as a new resistance level. Coupled with the fact we have the...
science -- the final frontier today we lost a legend here's to hoping the next generation of great minds -- standing on the shoulders of giants (like Stephen Hawking)-- is on the rise risk to reward looks good demarker looks good volume looks good momentum could be shifting manage your risk gl hf xoxo snoop
$ARN has been in a holding pattern for quite a while since their all time high in early January 2018. The triangle it's been forming seems to be coming to a head with some indicators still floating around the over sold regions and a looming cloud. The green arrows represent the two possible bull scenarios. The second may take 2-3 weeks more for it to take off and...