I would like to give to you a little overview of the current situation on the BTC chart. There unfolding a pretty good selling setup but we can't forget also a breakout to the bullish side and this area is also readable so, let's start.
Firstly, as you see, there is an ascending channel inside on the ascending channel. The smaller, which has black trendlines and...
BITMEX:BCHM19 Bitcoin Cash is holding above the important 1H support and I am waiting for a certain reaction of the coin. I assume probability of an accumulation and movement up to the place of structure at least.
Fisher transform just crossed bullish on the daily timeframe, every time this happens we are in for profitable several weeks. Crypto is about to get more interesting and intense every few weeks leading up to summer. All aboard!
Most think of a 2015 fractal repeat, but I have turned from short-term bear to full bull since the massive MA200 break and weekly candle close above it.
I think BTC will go in this push at least to 6500 (lower limit), but as high as 7500 is indeed possible, before any major correction.
We see a nice slow ascending triangle in the 4h chart.
All indicators point...
RENBTC has been trending upwards since early February. Its current prices are good to enter on a continuation of this trend. RENBTC is a highly volatile coin so stoploss must be below the previous low. This makes this trade higher risk than others we have posted. Use a small amount of capital on this trade.
Ladder your buys between: 0.00000504 -...
NAVBTC has had a strong rebound off the bottom of its trend channel. We see the opportunity for a very good Risk/Reward ratio by entering with a tight stoploss.
Target 1: 0.0000458
Target 2: 0.0000477
Target 3: 0.0000535
Target 4: 0.0000642
NEBLBTC has reached an interesting range for buying on the daily time frame - at the bottom of its ascending trend channel.
Ladder your buys between 0.0003000 and 0.0003100.
Buy 0.0003000 - 0.0003080
Target 1: 0.0003194
Target 2: 0.0003375
Target 3: 0.0003823
Target 4: 0.0004685
Amazon chart from after the dotcom boom for comparison:
I've posted a few bearish ideas recently, simply because things have started to look a bit worrying in the altcoin market, and I want to be prepared in case something does go the opposite direction, but I have been generally long term bullish on the whole market...
This is the sum of some alcoins vs BTC paired.
On this chart I just noticed that we recently hit almost lowest levels for ETHBTC, XMRBTC,LTCBTC,NEOBTC,EOSBTC,IOTBTC,XRPBTC,ETCBTC
Also I can see Wyckoff Accumulation and if this is valid in crypto we are at the bottom of this painful correction, so we might see a bull run soon and if correction is...
My biggest problem in this market right now is being unable to figure out whether this was a giant bull trap, poising us for another major decline, or if this potential drop will be the final bear trap before the bull market resumes. In this video, I present the bearish view, and why it's a strong possibility that we will see lower prices. IT DOES NOT HAVE TO...
Technically a 'perfect' mid-term entry area should be the blue box, there are some lower levels also but this is the healthiest level!
- Different Fibo levels
- Channel trendline should act as a support
- Cup & Handle curve trendline should act as a support level
- EMA's act as the support levels.
- Recently worked price levels (orange lines)
From the technical...
The price has drawn to us a bullish chart pattern called Inverted Head & Shoulders.
It is a bullish chart pattern and the pattern actually is triggered - it has a breakout from the neckline.
Right now, it makes a retest and if the BTC holds and the market doesn't start to panic then this would be a pretty nice spot where to enter into the Stellar, but sadly the...
Even though I've been leaning a little bearish on the market recently, since a lot of altcoins have broken their mid-term uptrends against Bitcoin or even headed back to major support levels...the USD value of many altcoins remains fairly bullish for now. NEO, for instance, is still above $10, despite drifting down to lower supports on the Bitcoin ratio. Much of...
Hello, my dear cryptocurrency lover... We love Bitcoin and trading cryptocurrency, it makes making money easy... with patience.
Ok, let's take a look at the chart and indicators for the total Cryptocurrency Market Cap. excluding Bitcoin. There are some interesting bullish signals to look at.
If you want to see our analysis for the total market cap. including...
ETH is due for a move up, assuming BTC behaves itself.
Nice consolidation at the OTE of a very large structure.
FTA @ 113.xx
If it can break above and hold 114-115 i believe we have ourselves an alt season, and will be targeting 137's
The great thing about trading altcoins within the cryptocurrency market is being able to take advantage of the fact that the whole market is interconnected.
After the November 2018 drop, we saw huge opportunities developing all throughout the entire market. We literally shared hundreds of trades here on Trading View were over 90% of them produce massive positive...
Journal Entry #15
Bittorrent has been one coin I've kept my eyes on. Patience is surely what this coin takes to make eventual profits.
We're almost fully corrected back to support of 12 sats. We've hit 13 sats and could potentially hit the 12 sat region again. However, we can "know" it will go back up at some point. So accumulation from the 12-14 sat region is...