I've been looking at the POA Network chart and it seems ready to move up.
Recently it breaks above EMA50 and the neckline of a double bottom pattern... If there is a strong close today, POABTC can move up right away and that's how exactly what it looks like.
Above the green line, expect a strong move up within days.
Below the green line, expect consolidation...
Ethereum (ETHUSD) just broke and closed below EMA10 and EMA50, sending out a bearish signal.
After closing below these levels, ETHUSD is very likely to test lower next in the range of $168 - $172, followed by $164 if the earlier support can't hold.
The immediate resistance is now sitting at $177-$178... Before ETHUSD can move up, the above level needs to be...
BTC Dominance (BTC.D) just broke and closed below our main support EMA10 (72.41), sending out a bearish signal.
We are seeing increasing bearish action and a top formation when the last peak produced strong bearish divergence with the MACD and RSI.
The major trendline holding BTC.D has also been broken.
The next support levels are marked in the chart with...
Enigma (ENGBTC) has broken through the first barrier (EMA10) and is now facing strong resistance... Hit like now, if you want to, and please allow me to entertain you for a few minutes... Thanks a lot for the support.
Enigma has broken out of a falling wedge (red dotted lines) and is now facing the very strong resistance marked as MA200 (black line on the chart)....
To all those great supporters who hit like in my previous Ripple (XRPM19) chart analysis, here is the full trade for BitMEX as promised.
But before we go there, let me share a few warnings as this is only for advanced traders:
All the information shared here is for learning, educational and entertainment purposes only. This is not financial advice.
Po.et (POE) Overview
The decentralized protocol for content ownership, discovery, and monetization in media
Po.et is building an open, universal ledger that records immutable and timestamped information about your creative content and uses our open protocols designed for interoperability with current industry standards in media and publishing.
Just two weeks ago Bitcoin Diamond (BCDBTC) had a strong breakout which produced a nice 67% profits, after which a classic retrace started...
Take a few minutes to hit like now, if you want to, and let's take a look at the signals coming from the Bitcoin Diamond chart.
BCDBTC's price retraced all the way down below EMA10 and EMA50 and also almost reached 1 Fib....
Ambrosus (AMBBTC) is looking really bullish right now.
The RSI is already above 50. Fifty is the neutral zone, above it for me signifies bullish.
The MACD dropped below 0 but is curving up to print a bullish crossover, this one is an early signal and still needs to be confirmed.
But best of all is the huge volume. I am seeing the highest volume since 2017. To...
I've been warning my dear followers and cryptocurrency lovers about the S&P 500 Index crash for a long time.
For conventional minds, it is really hard to grasp the fact that the SPX will crash massively and become ugly due to all the lies and hype spread through the conventional media news systems, but charts do not lie.
Reading charts is like looking at a...
Ripple (XRPBTC) has been retracing since the 24th December 2018, almost 3 months now.
For "big" altcoins (high market cap), a retrace can take a while, this can be appreciated when looking at Ripple, but this retrace might be reaching its end, based on several signals that I am looking at right now.
Hit like, if you want to see more analysis now, and let's...
Remember Zilliqa (ZILBTC)?
Our last trade generated over 50% profits, we closed it based on some news event that signaled an upcoming drop in price. This same event reflected on the charts as bearish divergence, so we closed and collected our profits.
You can see this trade here:...
Looking at the daily chart for SysCoin, which is now trending on Binance, we can see some bullish signals taking place.
Let's take a look at those and see what we can learn:
SYSBTC broke above EMA10 and EMA50, but is now facing resistance at EMA100 (blue line) which pushed its price back many times in the past since December.
This is the main resistance to...
A quick trade for Substratum on Binance.
Buy in: 0.0000120 – 0.0000140
Stop loss: Close daily candle below 0.0000100.
- Breaking out just now.
- Good green candle.
- Good volume.
- Break above EMA10 and EMA50.
- Get ready for profits.
Our earlier Solve.Care (SOLVEBTC) trade went negative and hit our stop loss... But as life always does, here comes a second opportunity from which we can profit even more.
Look at the volume bar on the far right... Huge volume.
Take a look at the profits potential...
And finally, look at the falling wedge.
This can make a massive move to the upside...
Litecoin (LTCH19) has changed direction. Bearish divergence showing up on the 1H time frame.
We closed our earlier trade in PROFITS due to this. I am updating you here so that you can get out in profits and maybe even short LTCH19 if you like.
Thanks a lot for the support.
GoChain (GOBTC) can make a solid move soon. Let me read the chart for you and tell me in the comments section if you can see what I see:
Yesterday GoChain (GOBTC) had a full green candle with above average volume which broke above EMA10. The first resistance needed to break in order to start a wave up.
Volume is at its highest since November when GOBTC hit...
This is a friendly reminder to take a look at Siacoin (SCBTC) as an opportunity to buy and later sell for profits.
When trading altcoins, and cryptocurrency in general, we always like to keep it simple... I believe that simple is best!.
So here is our main strategy in simple terms:
Buy low. Pick bottomed out altcoins (SCBTC is a great example).