RSI < 60% 7, 21 & 77 averages converging for the 7 & 21 to finally come above the 77 DI 30up vs 14down TENX appeared to hit its bottom at 0.00078100 around 19th Aug. could the above + current graph mean it's finally finished the correction? Maybe due a leg up in the next couple of days? Would love to hear others thoughts...
BTC is still very bullish, its showing a target of 5k, as i said yesterday the retracement can be at 3800 and its happen.. no one can stop bitcoin now.
After inverted head&shoulders formation we can see forming now cup&handle formation. It tells about upward movement in few hours.
Hi Cryptoheads, Just a bit of fun here to share some thoughts, and ideas. As the chart displays, we can clearly see ATH and support levels. It´s important to remember that the 3k price zone is not a support area, (neither was it a resistance area on the way up) but an important psychological area. It may turn into support/resistance later, but at time of...
Following BTC ATH and its subsequent retracement, are we now on a slowly bull run, or bull trot?? Hopefully when we hit next breakout moon will be in sight :D
Notes on graphic
It is a little bit late for this post; but, here it goes! For the actual moment 4HRs time-frame does not show entry opportunity for long positions. Moreover, we are on all time high (ATH) region, which means that higher price can be reject due to 'take profit positions' from market. Taking a closed look on the chart above, which is based on divergences, it is...
The curve moves within a ascending triangle pattern – RSI & MACD lines indicate an uptrend. If ETH breaks resistance within the next few hours the former resistance will become support. If LTC drops after its rally yesterday, the volume on ETH could rise significant and it could be even possible for ETH to break the second resistance and set a new all time high....
LTC as been in a large consolidation wave for a few weeks now, following SegWit activation and a 'sell the news'-invoked correction. LTC has performed differently than other altcoins recently, with its notable price stability - although the price has fluctuated in a wide price channel, allowing for many profit opportunities. With the wave coming to another peak,...
Looks like a clear Stegosaurus pattern, looking for an All Time High target in the next few weeks. I'd like to add this is the most undervalued project in the crypto space. Good luck!
Price passed by the 2013 A.T.H. and it is still growing up as expected. Small but nice corrections are appearing while the uptrend continues, a good and a healthy signal that we are not in a bubble (at least for now). If we do a simple wave analyses we can see a triangle is forming in the way up, so it is very possible price will break soon on those wave supports....
Hi all, this is BTCEliX!l If you have been following my updates on my Bitcoin Live Trading Alerts Subscription, Twitter or Tradingview you would have known that I warned that the Bitcoin Megabull cycle could potentially start earlier then we expected in July 2017. AND IT DID! All the exchanges Coinbase, Bitstamp, Bitfinex, BTC-E, Kraken made new all time highs...
Still expecting bitcoin to correct down because it is too expensive? Wait till it gets even more so, than you can ever expect. Sure, that was 2017/03/20 when it have tested $900 and since bounced back up. You're not seeing the bigger picture, if segwit distraction is stopping you, if the claims of bitcoin isnt scalable. Those are simply short term noise. Look at...
Here is my update on the current impending Bitcoin Megabull Cycle. Annotations are on chart! As you all of you know by now, we had a spot on beautiful megabull rally as I had anticipated back then: That's until the PBOC and Chinese Exchanges insiders killed the rally as the Bank of China performed investigations on the corrupted Chinese exchanges. It is...
ATH offers a nice trade here, buying on dips to support. You can use a relatively tight stop, at 51.69 but, it would increase your risk. Alternatively you'd use a wider stop or no stop at all, but can't do this without knowing how to size trades correctly, and how and when/where to determine that your signal was invalidated to exit. Good luck if you take this...
At the beginning of the alt coin bonanza when someone told me about Ethereum, I kinda had a look at it in it's initial stages and though 'meh' I was riding high on the big boy Bitcoin (still do) but as it came and the years went by their tech and the tech of many coins improved. Innovation! Innovation it was key to grab yours and my own attention. Ethereum is one...
Looks like Eth has finally been able to push through the ceiling and its about to go to ATH at 57-65 due to may 1st alpha bay acceptance hype, the btc fork drama and all the recent altcoins finished pumps that will probably move their money to eth in order to reap some other profits!
After a major surge upwards while closing on the previous ATH, #DAX might be looking to start a major pullback to gather liquidity for a bigger move up for new ATHs. A lot of shorts getting stopped out every day and there are still no signs of retail going bullish. Because of that we might be looking at another stop run before institutionals start taking profit...